US public debt has surpassed 100% of GDP for the first time since World War II, with government spending exceeding revenue and debt service nearing $1 trillion annually. Analysts expect the Federal Reserve to keep interest rates below inflation to support nominal growth, echoing post-WWII strategies. This environment, combined with Bitcoin's scarcity and strategic use by the US government, including confiscations from adversaries, positions Bitcoin as potentially undervalued and a key asset amid fiat currency depreciation. Bitcoin's market cap remains only about 5% of gold's, suggesting significant growth potential if it reaches parity.
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
Binance distributed a $0.50 dividend per share of Orchid Island Capital (ORC) in USDC stablecoins to eligible holders, reinforcing the link between traditional stock dividends and blockchain technology. This approach allows investors to receive divid...
Carnival has shifted from recovery to growth, achieving record revenue, net yields, EBITDA, and customer deposits. The company’s forward earnings per share (EPS) growth is supported by strong pricing, advanced bookings, monetizing own destinations, c...
Arthur Hayes purchased 3,298 ETH worth $6.39 million hours before Ethereum's price fell about 5%, from $1,960 to $1,872. Since mid-July, Hayes has accumulated 7,213 ETH at an average price of $1,923, currently holding an unrealized loss of roughly $3...
