Trump administration requests Supreme Court to block ruling allowing full SNAP payments for November
SNAP Payments Resume Amid Court Ruling People in several U.S. states started receiving their complete SNAP food aid payments on Friday. This came after an appeals court paused an order mandating President Trump’s administration to fund the SNAP program, which had been affected by the ongoing government shutdown. A judge instructed the Republican administration to […]
Bitcoin accounts for almost a third of Jack Dorsey’s Block revenue in Q3, Kazakhstan is set to start a $1 billion crypto reserve, and more.
Bitcoin Still Strong Despite Volatility Happy Friday! Bitcoin continues to trade above $100,000, having navigated a rough patch recently. However, there’s a glimmer of hope as institutional investors are increasingly showing interest and there are signs of accumulation among major holders. Analysts suggest that this indicates a quiet resurgence of confidence in Bitcoin, the largest […]
Block, founded by Jack Dorsey, Generates Almost $2B from Bitcoin Earnings in Q3
Block’s Third Quarter Financial Report Block reported nearly $2 billion in Bitcoin revenue for the third quarter, which represents about a third of its total revenue of $6.11 billion. According to its recent filing with the Securities and Exchange Commission, the fintech company achieved a net income of $461.5 million. In a letter to shareholders, […]
World’s longest 3,100 mile marathon for ‘Self Transcendence’ held around a small block wraps up in Queens
Endurance Race Concludes in Queens The world’s longest and relatively obscure foot race has concluded, featuring 10 endurance athletes attempting a grueling 3,100-mile trek around a single square block in Queens, New York. This year marked the 29th annual Sri Chinmoy Self-Transcendence 3,100 Mile Race, which took place between August 30 and October 20. Participants, […]
Democrats block Republicans’ attempt to reopen the government for the ninth time.
Senate Republicans’ Ninth Attempt to Reopen Government Fails Senate Republicans have once again failed to reopen the government, marking their ninth unsuccessful attempt. Senate Democrats, it seems, are leaning towards delaying any movement until next week. Senate Majority Leader Chuck Schumer and his Democratic colleagues blocked another House-approved continuing resolution aimed at extending expired Obamacare […]
Dorsey and Lummis Advocate for Bitcoin Tax Relief as Block Grows BTC Payments
Simply put Jack Dorsey, the founder of Block, recently tweeted about the need for a minimal tax exemption on regular Bitcoin transactions, prompting a response from Senator Cynthia Lummis, who stated, “We’re working on it.” Lummis has encouraged supporters of the tax exemption to reach out to their representatives. This exemption was part of broader […]
Speaker Johnson feels there is ‘no room for negotiation’ after Democrats repeatedly block funding bill.
House Speaker Rejects Democratic Demands House Speaker Mike Johnson (R-La.) has emphasized that House Republicans are not bothered by Democrats’ ongoing push for medical concessions. “Don’t ask Republicans what to do or how to negotiate. There’s nothing to negotiate. I sent them exactly what they had previously voted for,” Johnson told reporters during a press […]
Democrats block Republican funding proposal, putting government on the edge of a shutdown
On Tuesday, Senate Democrats nearly reached a consensus to oppose a bill aimed at extending government funding until November 21, as the threat of a government shutdown looms in Washington, potentially lasting several days or even weeks. Concerns among Democrats are growing regarding the implications of a shutdown, especially after President Trump hinted at taking […]
House Republicans block Democratic funding plan as government shutdown approaches
House Democrats Push for Short-Term Funding to Avoid Shutdown On Tuesday, House Democrats made their final attempt to pass a government funding proposal as the deadline to prevent a government shutdown loomed. They are advocating for a temporary extension at the current funding levels, often referred to as a continuing resolution (CR), which is crucial […]
GAO states that Trump’s actions to block FEMA funding are unlawful
The Trump administration has reportedly violated legal statutes by withholding three specific grants managed by the Federal Emergency Management Agency (FEMA), according to a finding by the Government Accountability Office (GAO) released on Monday. The GAO’s report stated that FEMA’s actions contravene the Water Storage Control Act (ICA), which delineates the protocols that allow a […]