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 trades, and require quarterly third-party audits. It builds on a 2025 executive order and aims to secure Bitcoin seized through forfeitures without new market purchases or taxpayer funds. The bill also creates a separate framework for other digital assets. The committee markup is an early step; the bill must still pass the full House, Senate, and be signed by the president to become law.
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 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...
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...
