Treasury Secretary Scott Bessent is pushing a huge refund wave into early next year, saying Americans will receive “very large refunds” because of the One Big Beautiful Bill Act and its retroactive rules. Scott said the law changed what people owe on this year’s income, and since nobody touched their withholding after July, the Treasury
The Republic of the Marshall Islands (RMI) has completed the world’s first on-chain disbursement of universal basic income (UBI) using a digitally native sovereign bond, USDM1, via the Stellar blockchain. Developed in partnership with the Stellar Development Foundation (SDF) and infrastructure provider Crossmint, the multimillion-dollar initiative is part of RMI’s national UBI program, known locally
Bitcoin (BTC) is poised for its fourth annual decline in history. Moreover, this time the decline is not coinciding with a major scandal or a sector-wide collapse, as in previous years. The world’s largest cryptocurrency experienced a sharp sell-off yesterday, losing as much as 5.2% during the day. Bitcoin is down approximately 7% year-to-date. While
Hold onto your digital wallets, Europe. The cryptocurrency landscape is witnessing a seismic shift, and the numbers are staggering. According to recent data, the total euro stablecoin supply has exploded by a massive 168% since the start of the year. This isn’t just incremental growth; it’s a clear signal that European investors and users are
Bitcoin treasury companies have been hit hard by Bitcoin’s disappointing price action throughout 2025. Publicly traded firms holding significant BTC reserves are suffering the most, with leaders like (Micro)Strategy pushing aggressive accumulation amid headwinds—yet most now trade below net asset value, creating a rare opportunity for risk-tolerant strategic investors. Figure 1: Tracking BTC holdings of
Tokenized Treasury funds pushed closer to the $9 billion mark this week, rising 0.94% over the past seven days as onchain demand for yield-bearing government debt continues to hold firm. Tokenized Treasury Market Inches Higher as Issuers Jockey for Share Data compiled from the tokenized Treasury sector, according to rwa.xyz stats, shows total value climbing
Key Takeaways Strive CEO Matt Cole purchased over 515,000 shares of ASST during a price dip. The insider buy led to a notable increase in Strive’s stock price. Shares of Strive Asset Management (ASST), the Bitcoin treasury company co-founded by Vivek Ramaswamy, jumped about 13% intraday on Tuesday after CEO Matt Cole disclosed a large
American Bitcoin Corp (ABTC) acquired another 54 bitcoin during Monday’s sharp selloff, bringing its total stack to 5,098 coins worth just less than $450 million based on BTC’s current price of $87,600. That places the company, co-founded by Eric Trump, who serves as its chief strategy officer, in the top 20 of publicly-traded bitcoin treasury
The Bitcoin ETFs have once again delivered bad news. Yesterday, in fact, upon the reopening of traditional markets after the weekend, there were more than 350 million dollars in net outflows from these ETFs in just one day. To see another daily outflow of such magnitude, one must go back to November 20, when it
Markets are now betting in a high likelihood of no reduction in January 2026. According to CME FedWatch, odds are to be over 75%. Traders easily changed expectations. This reversal was after a change in the Federal Reserve policy by December. Fed has already provided a reduction of 25 basis points. Authorities are giving out