IREN Rises 11% After Mining More Bitcoin Than MARA in July
Following Iren Limited’s impressive revenue of $86 million in July, the company’s shares surged by 11.4%, positioning it ahead of the leading contender, Mara Holdings, in Bitcoin mining output. On Wednesday, reports indicated that Iren mined 728 Bitcoin (BTC) in July, outpacing Mara’s 703 BTC despite having a lower hashrate of 50 exahashes per second, […]
Cango reports significant Bitcoin acquisition in July, enhancing its corporate treasury
Cango’s Crypto Production Takes Off After divesting its automotive financing divisions to concentrate on Bitcoin mining, CANGO (CANG) has notably ramped up its crypto output. The company seems to be benefiting from its recent acquisition of Bitmain mining rigs, which enhances its competitive edge in the industry. Data from Farside Investors reveals that Cango mined […]
Growth in the services sector slows in July
Economic Activity in Services Sector Declines Slightly Economic activity within the services sector saw a modest decline in July. Businesses appeared hesitant to make new purchases due to ongoing policy uncertainties. The Purchasing Manager Index, from the Supply Management Institute, decreased by 0.7% from June, landing at a level of 50.1% for July. According to […]
Disappointing July jobs data raises expectations for a Fed rate cut in September
Lisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, recently joined a discussion to evaluate how investors perceive the market after conflicting employment reports. The recent employment data has led the market to increasingly anticipate interest rate cuts by the Federal Reserve at their upcoming meeting in September. This change follows the Federal Open […]
Crypto ETFs Set New Records, Surpassing S&P 500 Funds in July Surge
The Spot Crypto Exchange-Traded Funds (ETFs) are currently experiencing a solid performance, with significant weekly inflows. After facing challenges earlier in the year due to a market downturn, these investment products have rebounded this quarter, particularly in the U.S. market. Simply put The Crypto ETF hit a 30-day high with $12.8 billion inflow in July. […]
Seven strange July tales, from a Blue Angels lawsuit to nude bowling and beyond
July Highlights: Big Events and Oddities Wow, what a month July turned out to be! It was packed with significant events—some great legislative efforts and some pretty wild reactions. One massive story was the cancellation of Stephen Colbert’s show, which sent shockwaves through the media. There was also chatter about President Trump and the funding […]
Trump Claims ‘Safest Border Ever’ with Record Low Arrests in July — No Admissions for Three Months
Border Patrol Claims Record Arrest Rates Border Patrol officials are touting a new high in immigrant arrests along the southwest border, asserting that it represents “the safest border in history.” In July, agents apprehended approximately 4,600 migrants who crossed illegally between ports of entry. Notably, this marks the third consecutive month with zero releases of […]
Trump claims that nearly 20,000 Russian soldiers were killed in July during the conflict with Ukraine.
Trump’s Frustration Over Russian Casualties in Ukraine War Washington – President Trump shared his discontent on Friday regarding the loss of “nearly 20,000” Russian soldiers during the ongoing invasion of Ukraine, which he described as a conflict that never seems to end. “I’ve been told that almost 20,000 Russian troops have died this month alone […]
Crypto thefts exceed $142 million in July, with CoinDCX facing the biggest losses
In July, at least $142 million was siphoned off in 17 different attacks within the crypto space. This marks a 27% increase in monthly losses compared to June, which had recorded $111 million in losses, as reported by blockchain security company Peckshield. Yet, this figure is still significantly lower—46% down, in fact—from the $266 million […]
Apprehensions at the southern border fall to record low of 4,399 in July 2025
Record Low Border Concerns in July The southern border saw an unusual calm recently, with U.S. Border Patrol Chief Michael Banks sharing on X that July recorded just 4,399 border concerns—a notable drop. For three consecutive months, there were no releases. This marks a new low, surpassing the previous low of 6,070 from June. Declining […]