Here’s how much stocks could fall if the Democrats sweep Congress as expected, according to BofA
The rising probability of the Democratic Party taking control of both houses of Congress in the midterm elections poses a “meaningful” threat to risk appetite,…
Michael Burry says he’s sold out of his top holding — for now
Michael Burry, the contrarian exhedgefund manager chronicled in The Big Short, is selling his top holding at an 8.5year low. Source:MarketWatch
CFTC joins SEC in proposing crypto framework after failed CLARITY vote
CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a…
Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy
Our ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay.…
CFTC chair pushes tokenization as SEC opens door to onchain stocks
Michael Selig said tokenization could reshape financial markets as the CFTC and SEC continue advancing onchain initiatives despite the CLARITY Act setback.…
'The orange tie stays': Michael Saylor responds to venture capitalist's bitcoin obituary
"Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix," wrote Jason Calacanis. Source:CoinDesk
Calls for an AI slowdown meet vigorous pushback: Trump calls it a ‘sick conspiracy’
Michael Burry, Donald Trump and others are criticizing Anthropic’s CEO, who recently said AI companies need to adopt better safety measures. Source:MarketWatch
Saylor signals Strategy is ‘Back’ to Bitcoin buying
Michael Saylor’s “We’re Back” post hints Strategy may resume Bitcoin buying after a twomonth pause to strengthen its balance sheet. Source:Cointelegraph
Michael Saylor hints at first bitcoin purchase in two months as bitcoin nears $79,000
Bitcoin rebounds from Friday’s low as Strategy’s valuation expands and bitcoin dominance climbs above 60%. Source:CoinDesk
CFTC chair says agency will move forward on crypto regulation if CLARITY fails
Michael Selig said at a meeting of the Innovation Advisory Committee that he had directed CFTC staff to explore developer protections and other cryptorelated…
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. Source:CoinDesk
No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week
Led by Executive Chairman Michael Saylor, the company raised $333.7 million via the sale of common stock. Source:CoinDesk