Bitcoin fell about 3.5% to below $73,000 on May 28, driven by US airstrikes on Iran that triggered nearly $1 billion in crypto liquidations and heavy redemptions from Bitcoin ETFs like BlackRock's IBIT. This decline occurred even as former President Trump pushed for the Digital Asset Market Clarity Act, which aims to create clear federal rules distinguishing digital commodities like Bitcoin from securities. The bill has bipartisan support and is advancing in the Senate, but still needs full approval and presidential signing. Investors should watch for further geopolitical developments, ETF flow trends, and the Senate vote on the CLARITY Act, which could shape Bitcoin's regulatory future and market demand.
Peec AI, an AI search analytics platform, surpassed $10 million in annual recurring revenue just 16 months after launch, doubling revenue in the last five months. The company is expanding rapidly, opening its first US office in New York to meet growi...
The National Crime Prevention Council (NCPC) has called on lawmakers to reject the House's Kids Internet and Digital Safety Act (H.R. 7757), criticizing it as insufficient for protecting children online. NCPC argues the bill weakens state powers and ...
Fannie Mae has started marketing a sale of approximately 2,333 reperforming loans with an unpaid principal balance of about $565 million. These loans were previously delinquent but have since become current. Buyers must offer loss mitigation options,...
Shares of Unusual Machines Inc. (UMAC), where Donald Trump Jr. is a shareholder and board member, surged after reports that the Pentagon is discussing direct financial support and equity stakes in domestic drone manufacturers. The funding talks invol...
REalloys has signed a 15-year agreement to secure 15% of Phase 1 production from the Tanbreez heavy rare earth project in Greenland, one of the largest Western-aligned deposits. This deal strengthens US efforts to reduce dependence on Chinese rare ea...
