Author: Charlotte

This article is from: Bankless Compiled by | Odaily Planet Daily; Translator | Azuma On July 7, Strategy disclosed that the company sold 3,588 BTC worth approximately $216 million between June 29 and July 5. The funds were used to pay dividends for STRC and to replenish the USD Reserve previously used for dividend payments. Despite completing this sale, Strategy stated that its full reserve-building capacity of $1.25 billion remains intact. Note from Odaily: In the “self-rescue plan” announced last week, Strategy indicated it had authorized the company to sell BTC to establish a USD Reserve of up to $1.25…

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The next time you try to buy tickets from StubHub, there is a chance they may not be coming from a fan who had to cancel their plans at the last minute. They could instead be coming from a professional scalper with close ties to StubHub itself. CBC News reported this week that U.S. Securities and Exchange Commission (SEC) filings show that StubHub’s founder and CEO, Eric Baker, also runs a large-scale ticket reseller that uses the platform. Additionally, the company also helps finance other professional resellers on the site. “This information has been fully disclosed in StubHub’s public SEC…

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Retail investors showed renewed interest in mid- and small-cap mutual funds in June, with both categories individually attracting higher inflows than flexi-cap funds for the first time since December 2023.According to Association of Mutual Funds in India (AMFI) data, mid-cap funds received net inflows of ₹6,090 crore during the month, followed by small-cap funds at ₹5,602 crore. Flexi-cap funds attracted ₹5,231 crore.While flexi-cap funds continued to receive healthy inflows, experts say improving sentiment towards the broader market, better earnings visibility and stronger recent performance prompted investors to increase allocations to mid- and small-cap funds.Why investors are betting on mid- and…

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The cryptocurrency market showed mostly positive dynamics over the past 24 hours, APA-Economics reports. Bitcoin (BTC), the market leader, gained 0.04% over the past 24 hours, reaching $64,118.92. Among the major altcoins, Ethereum (ETH) rose by 1.13% to $1,797.05, while BNB fell by 0.43% to $575.04. Among other major cryptocurrencies, XRP lost 0.24%, Solana (SOL) declined by 1.69%, and TRON (TRX) dropped by 0.69%. At the same time, Dogecoin (DOGE) gained 0.35%, while Hyperliquid (HYPE) fell by 2.32%. The total capitalization of the global cryptocurrency market increased by 0.28% over the past 24 hours, reaching $2.2 trillion. Source link

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ust 19 months into the presidency of Prabowo Subianto, a massive shift in Indonesia’s structural trajectory is underway. While previous governments focused their efforts on policy refinement and the continuous improvement of existing frameworks, the current administration aims directly at altering the country’s core economic ideology and direction.The ultimate objective is to assert state sovereignty under Article 33 of the 1945 Constitution, steering the nation toward “Ekonomi Pancasila” (Pancasila economy). This strategy involves reining in prominent oligarchs, pressuring them to repatriate wealth and breaking free from an overdependence on traditional foreign market forces. This represents a major course correction: a…

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The anonymous donor, who signed notes as “James, servant of the living God”, has become the subject of widespread interest after a number of churches uncovered donations of gold Britannia coins worth tens of thousands of pounds. Earlier this week it emerged that St Wilfrid’s Church in Melling, near Carnforth, had discovered nine gold coins hidden beneath its altar. The stunning interior of the Church Of St Wilfrid (Image: Barrie Price) The coins were later sold for almost £30,000, providing a financial boost for the church as it seeks to raise £750,000 for urgent repairs. Now, fresh details reported by…

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Stablecoins and the new face of dollarisationStablecoins have grown from a niche crypto instrument into a market worth more than US$300 billion, and almost all of it is denominated in US dollars. These privately issued tokens promise a stable value against a reference asset, most often the dollar, and they execute around the clock on public blockchains. Their numbers have surged over the past two years, and cross-border transaction volumes are now estimated in the hundreds of billions of dollars. For emerging and developing economies (EMDEs), the question is no longer whether stablecoins matter, but how – and for whom.The…

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