Author: admin
President Donald Trump said Tuesday that the two largest American banks previously rejected him as a customer, reviving claims that conservative clients were being unfairly denied accounts.Trump told CNBC’s “Squawk Box” in a wide-ranging interview that JPMorgan Chase informed him he had 20 days to move “hundreds of millions of dollars in cash” to another bank. He didn’t say when this happened.The president then said he approached Bank of America to “deposit a billion dollars-plus” and was told the bank couldn’t provide him an account, Trump said.”[Bank of America CEO Brian Moynihan] said, ‘We can’t do it,'” Trump said. “So…
Check on Youtube
Check on Youtube
In certain U.S. states, proposed and limited Medicaid work requirements are putting freelance and gig workers in a precarious position. These workers could risk losing access to health coverage. It’s not because they aren’t working, but because they struggle to prove they are. Some states have sought federal approval to implement rules that require Medicaid recipients to verify they work at least 80 hours per month to remain eligible for benefits. While the stated goal is to promote employment, these policies often ignore the nature of today’s decentralized and irregular workforce. For freelancers, gig workers and part-time employees, providing proof…
The US Commodity Futures Trading Commission has launched an initiative to enable the trading of “spot crypto asset contracts” on CFTC-registered futures exchanges.The invitation is part of the CFTC’s “crypto sprint” initiative to implement recommendations from President Donald Trump’s Working Group on Digital Asset Markets, which included 18 recommendations. “The CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto,” wrote the CFTC’s Acting Chair Caroline Pham in a statement on Monday.“There is a clear and simple solution the CFTC can implement now.”Source: Caroline PhamA spot crypto asset…
Check on Youtube
In brief DeFi Development Corp. bought another 110,000 SOL for around $18 million. The firm now holds more than 1.23 million SOL, all acquired since starting its treasury strategy in April. Shares jumped 10% on Monday, extending its year-to-date gains to more than 2,100%. Publicly traded real estate software firm DeFi Development Corp. bolstered its Solana treasury with more than 110,000 SOL valued around $18.4 million, the firm announced on Monday. The latest purchase brings its total Solana holdings to 1,293,562 or more than $215 million at today’s Solana prices. “We’re focused on growing SOL per share as quickly and efficiently as…
Check on Youtube
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc.Michael Nagle | Bloomberg | Getty ImagesFigma shares dropped 23% on Monday, cutting into the gains the design software company posted after hitting the market last week. The stock dropped $27.50…
By Omkar Godbole (All times ET unless indicated otherwise)In the world of rock climbing, athletes don’t simply grab a new ledge and reach out for the next one. First, they put their full weight on the new ledge to ensure it’s solid before aiming higher.Bitcoin has followed a similar pattern since Friday’s U.S. jobs data, which triggered concerns of a recession in the world’s largest economy. The cryptocurrency’s price came under pressure, dropping almost to $111,965, testing support at the then-record high set in May, over the weekend. It recovered to trade recently around $114,700.The decline resulted in roughly $670…
