Telegram founder Pavel Durov gained court approval to leave France for up to 14 days to travel to Dubai, United Arab Emirates, where the company is headquartered. Durov will be allowed to leave France on July 10 after having a travel request denied by French officials in May, according to French news outlet Le Monde. … Read more
In brief Sol Strategies has filed with the SEC to list on Nasdaq under “STKE,” holding over 420,000 SOL and aiming to expand its institutional footprint in the Solana ecosystem. The Toronto-based firm is part of a growing trend of public crypto treasury plays, securing a $500M convertible note and filing a $1B shelf prospectus … Read more
Attention Upbit users and SEI holders! A crucial announcement from one of South Korea’s largest cryptocurrency exchanges requires your immediate attention if you deal with the SEI coin. What’s Happening with Upbit SEI Suspension? Upbit, a prominent Upbit crypto exchange in the global market, has officially informed its users about a temporary halt in services … Read more
The Swiss National Bank (SNB) cut its key interest rate to 0% on June 19, 2025, reinstating a zero interest rate policy (ZIRP) effective immediately. SNB Joins Zero-Rate Club After Sixth Consecutive Cut The Swiss National Bank (SNB) lowered its policy rate by 0.25 percentage points to 0%, effective June 20, 2025. This decision marks … Read more
President Donald Trump posted on Truth Social Tuesday evening regarding recent Senate legislation, stating the U.S. will “show the World how to WIN with Digital Assets like never before.” The post came following the Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act by a 68-30 vote. “The Senate just … Read more
Key takeaways: Spot ETH ETF net inflows totalled $861.3 million over the last two weeks. Total ETH staked and accumulated are at all-time highs. ETH price could rally toward the bull flag’s target of $4,100 if a key trendline breaks. Ether’s (ETH) price rose to a four-month high at $2,880 on June 11, before correcting … Read more
The Canadian Dollar (CAD) is modestly weaker on the session but losses may be moderating above 1.37 for now, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD/CAD gains may extend to 1.3775/1.3825 “The USD continues to trade above estimated fair value (1.3630). Communications from the BoC this week clearly highlight policymakers’ concerns … Read more
A version of this newsletter was originally published on lynalden.com. This newsletter issue analyzes three common misconceptions about the US federal debt and deficits. The ongoing nature of the deficits has several investment implications, but along the way it’s important to not get distracted by things that don’t add up. Fiscal Debt and Deficits 101 … Read more
The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF) announced it has acquired an additional 104.28 Bitcoin at an average price of £77,751 ($104,451) per Bitcoin, totaling £8.1 million. “Since 2023 The Smarter Web Company has adopted a policy of accepting payment in Bitcoin,” the company stated. “The Company believes that Bitcoin forms a core … Read more
Following a massive cyberattack on the country’s largest cryptocurrency exchange Nobitex, the Central Bank of Iran has restricted the operating hours of local crypto exchanges. According to the new regulation, exchanges will only be able to trade between 10:00 a.m. and 8:00 p.m. The restriction comes after an attack on the Tehran-based Nobitex exchange in … Read more