Bhutan Sold $22.4M in Bitcoin Amid Portfolio Decline of Over 70%
Bhutan moved $22.4 million in Bitcoin out of sovereign wallets this week, including a direct transaction to institutional market maker QCP Capital. The Himalayan nation’s crypto portfolio has droppe...
Google Cloud Finally Takes Off
Sundar Pichai, take a bow. Google parent Alphabet delivered some red-hot fourth-quarter numbers on Wednesday, a sign that—like its fellow digital ad giant, Meta Platforms—it is enjoying the fruits...
Target’s New CEO Says Technology Is a Top Priority
Target’s new CEO, Michael Fiddelke, said Wednesday (Feb. 4) during a company town hall event that he aims to improve the retailer’s merchandise, in-store experiences and technology, Bloomberg rep...
A White House Tweet Exposed the Real Risk in the CLARITY Act
The CLARITY Act debate has largely revolved around the tug-of-war between banks and crypto firms over stablecoin yield. While that conflict dominates coverage of what is framed as a market-structure b...
Bessent Proposes Unlimited Insurance for Business Checking Accounts
The House Financial Services Committee convened Wednesday (Feb. 4) for a marathon session on financial sector stability lasting roughly five hours, characterized by sharp ideological divides and proce...
