Kraken Introduces Bitcoin Vault to Offer Yield on BTC Holdings
Kraken launched a non-custodial Bitcoin vault yielding 2.5% annually, attracting $30 million in Bitcoin deposits from 4,000 wallets within its first 10 hours.
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Crypto & Fintech
Corporate Power
Patagonia Faces Criticism for Lawsuit Against Drag Activist Pattie Gonia
Outdoor brand Patagonia sued drag performer Pattie Gonia for trademark infringement, sparking debate over corporate power and climate activism.
Trade & Tariffs
Hillsborough Leaders Back Major Tampa Bay Rays Stadium Plan Amid Ongoing Deal Uncertainty
Hillsborough County officials support a multi-billion-dollar Tampa Bay Rays stadium and development plan, but final deal negotiations remain complex and uncertain.
Markets & Macro
Strive Boosts Bitcoin Holdings and Expands Digital Credit Securities Amid Market Growth
Strive increased its Bitcoin treasury by acquiring over 1,100 BTC while growing its SATA preferred shares and exploring new stock sale programs to fund future purchases.
AI & Tech Regulation
Pam Bondi Diagnosed with Thyroid Cancer Shortly After DOJ Departure
Former Attorney General Pam Bondi revealed her thyroid cancer diagnosis weeks after leaving the Justice Department and has since started treatment and recovery.
Crypto & Fintech
Crypto Market Sinks Amid $1 Billion in Liquidations Across Major Coins
The crypto market lost over $120 billion in value this week as $1 billion in Bitcoin, Ethereum, XRP, Solana, and altcoins faced liquidation triggered by geopolitical tensions and market pressures.
Trade & Tariffs
US Expands Sanctions on Iranian Agency Controlling Strait of Hormuz Shipping
The US government imposed new sanctions targeting Iran’s agency overseeing shipping tolls and transit through the Strait of Hormuz amid ongoing conflict and diplomatic efforts.
Crypto & Fintech
Bitcoin Falls Below $75K Amid Shift to Stocks and AI Sector Gains
Bitcoin’s price slide contrasts with record highs in AI-driven stock markets as regulatory delays and miners’ shifting focus dampen crypto momentum.
Corporate Power
Snowflake Shares Jump After Strong Q1 Earnings and $6 Billion AWS Cloud Deal
Snowflake’s stock soared after reporting better-than-expected earnings and announcing a multibillion-dollar, five-year commitment to Amazon Web Services’ cloud and AI infrastructure.
Trade & Tariffs
US Imposes Sanctions on Iranian Agency Controlling Strait of Hormuz Shipping
The US targets Iran’s newly formed agency regulating shipping through the Strait of Hormuz, adding economic pressure amid ongoing military actions and tense negotiations.