US Senate to consider Trump’s pick for CFTC chair

Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the Senate Agriculture Committee. According to the calendar of the US Senate Committee on Agriculture, Nutrition, and Forestry, Quintenz will appear for a hearing on … Read more

Musk Warns Debt Interest Imperils U.S. Govt Spending

Elon Musk says interest payments now consume 25% of U.S. government revenue. U.S. national debt rises by $1 trillion every 180 days. Experts are proposing that Bitcoin could be a solution for U.S. economic woes. Elon Musk has warned about the mounting U.S. national debt, stating that interest payments consume 25% of all government revenue. … Read more

Democrats Blast Latest Trump-Backed Crypto Product During House Hearing

In brief A Trump-linked crypto wallet took center stage on Capitol Hill during a House Financial Services Committee hearing. The timing of the announcement mirrored the president’s support of a private dinner for $TRUMP holders last month. A former chair of the Commodity Futures Trading Commission said Trump’s crypto ventures cannot be ignored. Crypto products … Read more

The Key To Scaling Bitcoin

Bitcoin, and for that matter all blockchains, do not scale. It is a fundamental limitation of blockchain based systems that they are incapable of facilitating transactional use at a truly global scale without completely sacrificing the decentralization and verifiability that make them valuable in the first place.  This has been an existential issue that Bitcoiners … Read more

Amazing Jim Marshall Started 270 Straight Games, Setting Tone For Vikings

Jim Marshall, Carl Eller and Alan Page formed the nucleus of the dominant Purple People Eaters. … More (Photo by James Flores/Getty Images) NFL The Minnesota Vikings have improved on defense each of the past two years under the leadership of defensive coordinator Brian Flores. While the headlines around the team surround quarterback J.J. McCarthy … Read more

Semler Scientific Buys $20M More Bitcoin

Medical tech company Semler Scientific has deepened its Bitcoin strategy, revealing a new $20 million investment for 185 BTC between May 23 and June 3. The latest acquisition brings its total holdings to 4,449 Bitcoin (BTC), purchased at an average price of $107,974 per coin. According to a June 4 filing with the US Securities … Read more

JPMorgan to Accept Bitcoin ETFs as Collateral Globally

JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on … Read more

JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in evaluations

JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to consider digital asset holdings when evaluating a client’s net worth and liquid assets, placing crypto alongside traditional categories such as equities, vehicles, and fine art when assessing lending eligibility. The … Read more

MoonPay receives NY BitLicense approval

Cryptocurrency payments company MoonPay said it would be able to offer its service to users in all 50 US states after receiving licensing approval in New York. In a June 4 notice, MoonPay said the New York State Department of Financial Services (NYDFS) granted its US company a BitLicense and a money transmitter license. The … Read more