Joseph Rees

Elon Musk Says SpaceX Could Be Worth More Than Everything Else on Earth if Goals Are Met

Key Takeaways Elon Musk said SpaceX could exceed the rest of Earth’s total value if the company accomplishes its long-term goals. The claim followed criticism of a reported Anthropic, xAI, and SpaceX deal tied to AI compute access. SpaceX’s IPO,…

Bitcoin

BDO, Chinabank, EastWest Waive InstaPay and PESONet Transfer Fees

The pricing updates follow regulatory adjustments directed by the Bangko Sentral ng Pilipinas (BSP) regarding electronic payment pricing. Source link

North Carolina Sides With Federal Preemption, Taxing Prediction Markets 6% While Sportsbooks Pay 23%

Key Takeaways North Carolina’s signed budget taxes prediction markets at 6% of net trading fee revenue, effective January 1, 2027. The state declines to require prediction platforms to hold a state license, recognizing CFTC authority instead. Sports betting operators face…

Relay Protocol Warns of Robinhood Chain Honeypot Coins

Key Takeaways Relay Protocol says it is actively blocking scam tokens after reports of wallet drains on the new Robinhood Chain. The Robinhood Chain, live since July 1, 2026, is reportedly seeing high scam meme coin activity due to its…

British Airline Jet2 Shares Jump 9% After $536M Fuel Hedge Gain Offsets Middle East Travel Fears

Key Takeaways Jet2 recorded a $536 million balance sheet windfall on July 8 after locking in low-cost fuel derivatives. The Middle East conflict triggered a 67% decline in annual cash inflows as travelers delayed holiday bookings. CEO Steve Heapy announced…

Michael Saylor Declares Bitcoin Has ‘No Spam Problem’ as BIP-110 Debate Escalates

Key Takeaways Michael Saylor’s Jul. 9 X post drew 938 replies, exposing deep Bitcoin community divisions. Grok found 65% opposed Saylor’s stance, while 25% backed his free-market Bitcoin view and 10% showed neutrality. BIP-110’s August rollout could reshape Bitcoin as…

XRP Bearish Trend Deepens as Weak Liquidity and Falling Open Interest Signal Caution

Key Takeaways Two XRP analyses shared by Cryptoquant highlighted weakening futures participation and declining investor activity. Elevated on-chain valuation readings indicate network activity has not strengthened enough to support a broader recovery. Binance futures data indicates traders continue reducing exposure…

Hyundai Card Turns $20,000 Stablecoin Test Into Real-World Remittance as Europe Trial Draws Closer

Key Takeaways Hyundai Card slashed cross-border payment times to 7 minutes in a $20,000 corporate stablecoin test. Tether, Avalanche, and Axiym backed the pilot, marking a historic first for the South Korean card industry. A second pilot launches later this…

Harry Hwang Warns Compliant Solana Order Flow Lanes Could Concentrate Institutional Liquidity

Key Takeaways Moneygram recently became a Solana validator to master node operations before ledger integration. Apprehension grows over compliant order lanes as Solana risks centralizing liquidity into 1 approved route. Flowra’s PBP framework will next let institutional nodes block 100%…

Michael Saylor’s Strategy Sold 3,588 Bitcoin in Largest Sale Ever. Is it a Bearish Signal?

Key Takeaways Strategy sold 3,588 BTC (0.42%) for dividends, while retaining 843,775 BTC; treasury flows now matter. Michael Saylor’s firm used $216M to avoid dilution; future STRC dividend costs remain the key risk. Strategy’s bitcoin still equals about 179% of…