XRP rises 22% as it enters new price territory with a market cap reaching a record $210 billion
Important Takeaways XRP prices have surged 22% in the last 24 hours, hitting a new peak of $3.66. A favored regulatory approach in the US is introducing tail fins. Indicators show that XRP still has potential for growth, with targets predicting it might hit $14. XRP reached a record high price on Friday, following the […]
Legislative body passes $832 billion Defense funding measure
The House passed a bill early Friday aimed at earmarking approximately $83.2 billion for the 2026 defense budget, just weeks after Republicans endorsed a separate $150 billion initiative aligned with Trump’s defense objectives. This legislation was approved by the GOP-controlled Chamber of Commerce with a vote of 221-209, primarily along party lines. Remarkably, this is […]
House approves cuts to foreign aid, reducing federal funding by $9 billion.
House Republicans Approve Spending Cuts Package On Thursday, House Republicans greenlit a package aimed at cutting previously approved federal spending, impacting foreign aid and public broadcasting like NPR and PBS by a total of $9 billion. This so-called retirement bill narrowly passed with a vote of 216-213. Interestingly, two Republicans from Pennsylvania and Ohio—Brian Fitzpatrick […]
Republicans achieve a slight win on the $9 billion spending cut proposal
3G Capital Acquires Skechers for $9.4 Billion What can you actually buy for $9.4 billion? Recently, 3G Capital made headlines by acquiring Skechers, the footwear giant, for that staggering amount. Well, for starters, $9.4 billion could pay for a pretty nice apartment in New York City for over 40,000 years. Of course, by then, it […]
Senate Republicans approve Trump’s budget cuts, reducing $9 billion for foreign aid and public broadcasting.
Senate Republicans Pass $9 Billion Rescue Bill Senate Republicans have approved President Donald Trump’s $9 billion rescue legislation, which targets reductions in foreign aid programs and funding for public broadcasters that lean left politically. The measure passed the Senate with a narrow vote of 51-48. Notably, GOP Senators Lisa Murkowski from Alaska and Susan Collins […]
Gates supports $1 billion technology fund despite questionable past investments
Gates Foundation Launches New Initiative On Thursday, the Gates Foundation, alongside its partners, unveiled Next-Ladder Ventures, a new initiative aimed at enhancing resources for what they call “Frontline Workers.” The foundation plans to invest $1 billion over the next 15 years, focusing on a demographic that may come as a surprise to many. The initiative […]
Cantor and Adam Back Collaborate to Start Bitcoin Treasury Business with $3.5 Billion in BTC
Simply put The Bitcoin Standard Treasury Company is set to launch following a merger with Cantor Equity Partners I. This venture will be spearheaded by Adam Back, who is also the CEO of Blockstream Capital. Upon its launch, the company will have over $3.5 billion in Bitcoin, complemented by $1.5 billion in financing. The Bitcoin […]
Mark Zuckerberg and Sheryl Sandberg will not have to testify following the resolution of an $8 billion privacy lawsuit with Meta shareholders.
Recently, Mark Zuckerberg and various current and former directors of Meta Platforms reached an agreement to settle a claim asserting $8 billion in damages due to violations of Facebook users’ privacy. Details about the settlement weren’t disclosed, and the defense attorney refrained from addressing Judge Cataline McCormick of the Delaware Chancery Court. Notably, McCormick postponed […]
BitMine Immersion Now Holds Nearly $1 Billion in Ethereum to Support its Ethereum Treasury Plan
Bitmine Surpasses $1 Billion in Ethereum Holdings Bitmine has now achieved a total of over $1 billion in Ethereum (ETH) holdings, a significant increase from its initial $250 million just a week prior, marking a rise of more than 300%. As of July 17, 2025, the company reported it holds approximately 300,657 ETH, which is […]
XRP is on the verge of reaching a $200 billion market cap: price approaches record high
Key takeout: XRP is nearing a market cap of $200 billion for the first time. In July, XRP’s price surged by 35% compared to Bitcoin. If the current trend continues, XRP’s market cap could exceed $250 billion. XRP (XRP), for the first time, is on track to surpass a $200 billion market capitalization as Bitcoin […]