Analysts say STRC creates a one-way Bitcoin bid because its selling pressure never directly hits BTC markets. Strategy’s preferred stock STRC is now a larger buyer of Bitcoin (BTC) in peak weeks than every US spot ETF combined. However, unlike ETF flows, it only moves in one direction, and that asymmetry, according to a…
Meta officially launched paid subscription plans for Instagram, Facebook, and WhatsApp on Wednesday, giving users the option to pay a few dollars a month for extra features across its flagship apps. The company made the announcement in an Instagram post, where head of product Naomi Gleit provided an outline of the new paid “Plus” plans….
Key Takeaways Trump promised lasting crypto legislation designed to survive future regulatory leadership changes. Federal market structure rules could reshape oversight for exchanges, tokens, and derivatives. Congress now faces pressure to convert pro- crypto messaging into binding U.S. legislation. Trump’s Crypto Push Widens Around Market Structure Law President Donald Trump intensified his administration’s push for…
HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia. Summary HTX says UK sanctions apply only to Huobi Global S.A. and do not affect its operating exchange. The Foreign Office accuses the affiliate of funnelling $1.5 billion to Russia through A7 and Garantex. Global…
The Illinois House of Representatives passed a bill on Wednesday requiring frontier AI labs like OpenAI, Anthropic, and Google DeepMind to have their safety practices audited by a third party. If signed into law, AI safety experts tell WIRED, it would be the nation’s leading check on the power of major AI companies. The bill,…
Globe Telecom has confirmed that it blocked access to the decentralized prediction market Polymarket following an endorsement from the Philippine Amusement and Gaming Corporation (PAGCOR). The blocking order comes amid the platform’s introduction of active betting contracts on local political events, including the upcoming impeachment trial of Vice President Sara Duterte, as well as active…
