US President Donald Trump confirmed that his administration has discussed accumulating more Bitcoin or other cryptocurrencies but has not made any purchase decisions or set a timetable. The existing Strategic Bitcoin Reserve holds assets mainly from federal forfeiture cases, and any new acquisitions must be budget neutral without additional taxpayer costs. Trump indicated he would consider recommendations from SEC Chair Paul Atkins and other advisers. Expanding cryptocurrency holdings beyond Bitcoin requires further executive or legislative action, so current policy remains focused on forfeited assets and potential budget neutral strategies under review.
The iShares US Thematic Rotation Active ETF (THRO) is maintained as a Buy due to its favorable factor mix and encouraging performance, especially after recent portfolio changes that enhanced its growth-at-a-reasonable-price (GARP) traits. THRO's IT-h...
Unilever stands out by generating 60% of its revenue from emerging markets, twice that of its peers, with strong growth rates in Latin America and India. The company’s focus on personal care, beauty, and home care after divesting food and ice cream s...
Bitcoin started the week near $77,000 after a 23% gain, driven by strong demand and regulatory optimism. Key upcoming events include U.S. inflation data (PCE index) and Q2 GDP figures, Nvidia's fiscal Q2 earnings report, and Federal Reserve Chair Kev...
Bitcoin usage in El Zonte, El Salvador, has sharply declined with most transactions now made by card. Merchants describe Bitcoin as "dead," reflecting a shift away from the cryptocurrency despite its legal tender status since 2021. This trend follows...
Tertiary Minerals reported promising final preliminary drill results from its Phase 4 program at Mushima North, Zambia, confirming the scale of its Discovery Zone. Key highlights include broad copper intersections up to 68 meters grading around 0.3% ...
