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Trump Media Sells More Bitcoin as Truth Social Plans Subscription Fees

Trump Media Sells More Bitcoin as Truth Social Plans Subscription Fees

  • Trump Media sold another 2,628 BTC worth roughly $165 million, Lookonchain says.
  • Filings show the remaining 4,260.73 BTC is pledged as collateral until 2028.
  • Truth API's list price tops the firm's entire $871,200 first quarter revenue.
The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans 

The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans 

  • Micropayments died since the 1990s on cognition, not technology.
  • x402 removes the human, not the friction, from the decision.
  • Average x402 payment is 32 cents, not a fraction of a cent.
BNB Chain Sues Ex-Employee Over A Tutorial Wallet That Became a Meme Coin

BNB Chain Sues Ex-Employee Over A Tutorial Wallet That Became a Meme Coin

  • A BNB Chain training video wallet was used to launch a meme token.
  • BNB Chain says a former employee kept the wallet's seed phrase.
  • The company is suing and says it never backed the token.
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America Broke a 28-Year Rule to Save the Yen and Bitcoin Felt It First

America Broke a 28-Year Rule to Save the Yen and Bitcoin Felt It First

  • Bitcoin fell near $63,000 as America bought yen after 28 years.
  • US stocks rose the same day, leaving crypto the lone loser.
  • Washington last bought yen in June 1998, spending just $833 million.
Wall Street Rushes to Raise Amazon Targets After 15% Post-Earnings Stock Surge

Wall Street Rushes to Raise Amazon Targets After 15% Post-Earnings Stock Surge

  • Amazon stock jumped 15.32% on Friday and closed at $271.58.
  • Benchmark now sees $400, the highest Amazon price target on Wall Street.
  • Amazon burned $7.6 billion of cash over the past year as spending climbed.
3 Earnings Misses Later, Wall Street Will Not Give Up on Coinbase Stock

3 Earnings Misses Later, Wall Street Will Not Give Up on Coinbase Stock

  • Analysts cut their Coinbase stock price forecasts but still tell clients to buy.
  • Coinbase lost $359.5 million and missed expectations for a third straight quarter.
  • Bernstein kept a $330 target. Barclays stayed bearish at $95.
Stablecoin Banking Competition Expands Beyond Settlement

Stablecoin Banking Competition Expands Beyond Settlement

  • Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
  • Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
  • Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
3 Fed Officials Just Explained Their Rate Hike Vote: Is Inflation Winning?

3 Fed Officials Just Explained Their Rate Hike Vote: Is Inflation Winning?

  • Three Fed officials explained on Friday why they voted for higher rates.
  • Lorie Logan says inflation is stuck near 2.5%, not the 2% target.
  • All three want the same thing, but for very different reasons.