Business

US Senators Introduce Bipartisan Resolution Opposing Sam Bankman-Fried Pardon Request

U.S. Senators Rubén Gallego and Cynthia Lummis have introduced a bipartisan resolution opposing a presidential pardon for convicted FTX founder Sam Bankman-Fried.

Bitcoin Options Squeeze: Fed Policy Shift Traps $8.6B in Expiring Contracts

Federal Reserve policy shifts and an 11% June price drop have left $8.6 billion in Bitcoin options out-of-the-money, forcing heavy hedging ahead of the June 26 expiry.

Carvana Disrupts New Car Market With Stellantis Dealership Buyouts

Carvana is expanding into the $655 billion new-car market by acquiring Stellantis dealerships and shifting them to an online, no-haggle sales model.

FICO Data Shows Credit Limit Approvals Surging in 2026 as Consumer Debt Rises

Federal Reserve data shows rejection rates for credit limit increases fell to 26% in early 2026, offering consumers a mechanical pathway to boost their FICO scores by lowering utilization ratios.

Alphabet Nets $100 Billion Profit Following SpaceX’s Record $2 Trillion IPO

Alphabet recorded an estimated $100 billion profit following SpaceX's historic IPO, as the aerospace company's valuation surpassed $2 trillion on the Nasdaq.

Bitcoin Investors Acquire 259,000 BTC in 10 Days Following Global Market Volatility

Investors purchased a net 259,298 Bitcoin in a 10-day period following global market volatility. On-chain data shows perfect accumulation scores across all wallet cohorts.

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