The U.S. Strategic Bitcoin Reserve Act, officially the BITCOIN Act of 2025, proposes the government purchase 200,000 Bitcoins annually for five years, totaling 1 million BTC, with a minimum 20-year holding period. However, reports of a committee vote scheduled for Wednesday remain unverified, with no official agenda or notice confirming such a vote. The bill aims to establish a public Bitcoin reserve with quarterly transparency reports and differs from the existing executive order on Bitcoin reserves. Investors should watch for official Senate Banking Committee announcements to confirm legislative progress.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
The US House Financial Services Committee will review the American Reserve Modernization Act (H.R. 8957) on September 16, 2026. The bill would legally lock all government-held Bitcoin in a Strategic Bitcoin Reserve for 20 years, prohibiting sales or ...
Stellar (XLM) surged 8.2% in 24 hours with a 221% spike in trading volume and a 14.4% rise in Open Interest, signaling strong bullish momentum. Despite a brief dip in funding rates indicating some short positions at $0.184, buyers defended the $0.173...
