Brady Dale

2 weeks ago | flipboard.com | Brady Dale

2 hours agoSupreme Court grants Trump request to fire independent agency members but says Federal Reserve is differentThe court indicated its decision doesn’t necessarily apply to the central bank and Chairman Jerome Powell — a frequent target of Trump’s criticism on economic matters.

2 weeks ago | axios.com | Brady Dale

Illustration: Aïda Amer/AxiosMARA, the bitcoin mining giant, is posting some of its bitcoin holdings to investment adviser Two Prime as a way to earn yield. Why it matters: Bitcoin treasuries on the balance sheet of public companies is becoming a whole thing, led by Michael Saylor's Strategy.

2 weeks ago | axios.com | Brady Dale

Illustration: Brendan Lynch/AxiosThe House of Representatives in Texas passed SB 21 yesterday, which would create a strategic bitcoin reserve for the state, mirroring the one created by President Trump's executive order. Why it matters: A third state could have a place to put bitcoin, following New Hampshire and Arizona. Yes, but: The House made an amendment to the bill, so it has to go to conference before it passes.

2 weeks ago | axios.com | Brady Dale

Screenshot: @Circle/XThe news that inspired our recent "Game of Thrones" coverage on stablecoins was the big new vision from Circle — the issuer of the world's second-largest stablecoin and the dominant player in the U.S. market. According to a social media post from the company, that network is up and has run some transactions. What we're watching: What on Earth is going on with the IPO or the potential acquisition?

2 weeks ago | axios.com | Brady Dale

Illustration: Annelise Capossela/AxiosBitcoin set a new all-time high Wednesday, breaking its record from around the time of the inauguration in January. Why it matters: This bull run is behaving differently from past crypto booms — most notably, the retreat from the recent high has not led to massive losses.