Five major banking trade groups issued a joint statement opposing the compromise barely hours after its release. Circle Internet Group’s stock jumped nearly 20% on Monday after two US senators announced a bipartisan compromise on one of the most contentious issues holding up federal crypto legislation. The deal, months in the making, drew loud…
Whenever The Bear introduces a new female character, I pray she doesn’t become a love interest for one of the male leads. Not because I hate romance, but because I specifically hate the way The Bear does romance. SEE ALSO: ‘The Bear’ just dropped a surprise episode. Here’s how to watch it now. The clearest…
Key Takeaways: Strategy posted a $12.54 billion net loss in Q1 2026 driven by $14.46 billion unrealized bitcoin losses. Revenue increased 11.9% year over year to $124.3 million in the quarter, but earnings were dominated by digital asset volatility. Financing through STRC and equity sales continues fueling bitcoin expansion despite rising balance sheet risk. Strategy’s…
Anthropic venture with Blackstone and Goldman Sachs will deliver enterprise AI tools to private equity-backed companies. Summary Anthropic is finalising a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman and Friedman to serve private-equity-backed companies. The platform will deliver AI tools across finance, operations, customer service, and enterprise software to PE portfolio companies….
Ethereum and Solana saw notable exits, while Bitcoin and smaller assets helped stabilize flows during a volatile week for crypto funds. Digital asset funds posted $117.8 million in inflows, continuing a five-week streak, though this was the smallest weekly gain in that period. The overall number indicated a late recovery. Earlier in the week,…
Abortion provider Carafem’s phones were ringing nonstop over the weekend after a US federal appeals court reinstated a nationwide requirement that the drug mifepristone, one of two pills used for a medication abortion, must be obtained in person. The decision, handed down on Friday, left patients unsure if they could gain access to their treatment…
## Market Snapshot The “Iran closes its airspace by May 8” market is currently priced at 15.5% YES, down from 20% 24 hours ago. The “Iran closes its airspace by May 31” market stands at 40.5% YES, a decrease from 46% a day earlier. The “Fall of the Iranian regime by May 31” market is…
When iOS 27 is released later this year, iPhone users will reportedly have a lot of choice when it comes to which AI models they want to use on-device. A new report from Bloomberg says that Apple plans to give users their pick of a number of third-party large language models that will be capable…
Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally triggered $202 million in short liquidations, pushing the crypto market cap to $2.77 trillion. While the Strait of Hormuz remains a concern, President Trump’s ceasefire is expected to stabilize oil. Geopolitical Influence After breaching $81,000…
The BlackRock Bitcoin IBIT ETF captured $136.6M in net inflows during a week when the broader Bitcoin ETF market lost capital for three consecutive sessions. The week ended with $162.8M in total net inflows for spot Bitcoin ETFs, a recovery that was almost entirely driven by a single Friday surge of roughly $630M that erased…
