Crypto & Fintech
Bitcoin Jumps 22% as Treasury Bond Move and Clarity Act Push Collide
Bitcoin closed Friday at $76,943.90, up 22 percent for the week, its best five-day run since March 2024. Strategy gained 29 percent. Coinbase gained 25 percent. Circle gained 22 percent. None of that came from a single piece of crypto-specific news. It came from a bond market announcement and a legislative push landing in the…
AmeriTrust Financial Technologies Expands Into Texas as SEC Proposes First-Ever Crypto Asset Offering Rules
A Toronto-based auto-lease fintech company just picked up two new licenses in one of the largest car markets in the country. The same week, the SEC proposed the first regulatory framework written specifically for crypto asset offerings in the agency’s history. One company expanding into Texas. One regulator finally writing down rules an entire industry…
Securitize Stock Falls 20% After First Earnings Report as Public Company
A tokenization company just posted its first earnings report as a public company, and Wall Street didn’t like the math. Shares fell more than 20% in a single after-hours session, erasing a solid gain from earlier the same day. The same week, U.S. regulators quietly cleared the path for one of the world’s largest asset…
Thune Files Cloture on Clarity Act, Sets September 15 Senate Vote
Senate Majority Leader John Thune filed cloture on the Clarity Act at 4:52 AM ET on Saturday, the tail end of an overnight session that ran past the chamber’s scheduled Friday departure for August recess. It is the first time in the bill’s history that it has an actual date on the Senate’s formal calendar.…
Neptune Digital Assets Sells Free Ionic Digital Shares for $234,000
A Vancouver crypto holding company just turned a free stock windfall into over two hundred thousand dollars without spending a cent to acquire it. In Toronto, a fintech company that posted its first-ever profitable quarter this spring just raised its own revenue forecast by up to $30 million, based on a single month of sales.…
Strategy’s $8.22B Loss and Coinbase’s Record Market Share
Strategy and Coinbase reported second-quarter earnings within hours of each other on July 30. Strategy’s loss ran into the billions, almost entirely a paper markdown on bitcoin it has no plans to sell. Coinbase’s loss was smaller and came with a record trading-volume market share attached. Both stocks fell anyway. Strategy Posts an $8.22 Billion…
FinWise Bancorp Q2 Profit Falls 22% After Tallied Technologies Buy
A bitcoin miner born out of one of crypto’s ugliest bankruptcies just staged the biggest direct listing Nasdaq has seen in five years. Two days later, a small Utah bank holding company reported its profit fell by more than a fifth, undercut in part by the very acquisition it made ten days earlier to bring…










