JD Alois

Trump Media Authorizes $400 Million Share Buy Back

Trump Media (Nasdaq, NYSE, Texas: DJT), the namesake company of President Donald Trump and creator of Truth Social, says its Board of Directors has authorized up to $400 million of the company’s shares. Trump Media currently has a market cap of $4.96 billion. Shares of… Read More

P2P Lender Folk2Folk Reorts £17+ Million Paid to Investors for Tax Year

Folk2Folk is reporting that investors earned £17.32 million in interest payments for the tax year of 2024/2025. The company states that it is the largest peer-to-peer lender in the UK, based on total lending. The interest generated in the past year is the most since… Read More

Is Now the Time to Invest in Israel based Startups? OurCrowd Says It Is

War is raging in the Middle East as Israel and Iran battle from afar, and Gaza remains under the control of Hamas following the horrific invasion of its neighbor. Other conflicts in the region have taken a backseat to the growing global battle. Currently, the… Read More

Last Week, the SEC Pulled 14 Rules in Another Sign of Chairman Atkin’s Support of Markets, Innovation

On June 12th, the Securities and Exchange Commission (SEC) yanked 14 proposed rules that were pursued during the aggressive Gensler administration. While the former SEC Chairman during the Biden Administration sought to undermine innovation while pursuing a social agenda, the Atkins Commission is clearly realigning… Read More

ETH Staking at All Time High

Ethereum (ETH) staking is reaching all-time highs. The Proof of Stake network is seeing more interest by investors (or validators) as crypto markets grow under the beneficent Trump administration. Ethereum is the second most popular crypto after Bitcoin with a current market cap of over… Read More

Fintech: dLocal Approved for Payment Licenses in Philippines, UAE, Turkey

dLocal has been approved for essential payment licenses in several jurisdictions, including Turkey, the Philippines, and the UAE. In the UAE, the company has been granted a Payment Services License which enables dLocal to directly operate cross-border payins and payouts. In Turkey, dLocal has received… Read More

Shopify Integrates Coinbase Payments Adding Instant Transfers Using USDC

Coinbase (NASDAQ:COIN) is introducing Coinbase Payments using USDC for instantaneous payments via the stablecoin. USDC is issued by Circle (NASDAQ:CRCL), which recently completed a successful IPO, which saw its shares rocket dramatically higher. Coinbase announced that the payments service has already been integrated with Shopify, a leading e-commerce platform…. Read More

UK Considering Backtrack on Non Dom Taxes as Wealthy Flee, Tax Revenue Declines

The Laffer Curve is alive and well. The economic theory is based on the fact that if people are taxed too much, they will eventually vote with their feet, thereby reducing the tax revenue that policymakers anticipated when raising taxes. It has been widely reported… Read More

Bank of England Hold’s Rates Steady Due to Pesky Inflation

The Bank of England decided to hold rates steady today, mainly due to concerns about sticky inflation. The Monetary Policy Committee (MPC), by a six-to-three vote, decided to hold the bank rate at 4.25%. The three dissenters preferred to lower rates by 25 basis points. The… Read More

Open Banking: Salt Edge Selected by LHV Bank, Supported by Tuum Partnership

Open banking enabler Salt Edge and Tuum have been selected by LHV Bank to support their endeavors. Tuum partnered with Salt Edge in 2022 as part of an effort to expand services across Europe. Tuum is a cloud-based, banking-as-a-service platform that offers core banking while… Read More

Fed Holds Rates Steady, Markets Expect Cuts Later in Year

The Federal Reserve has decided to hold rates steady in a decision that came as no surprise. The Federal Open Market Committee (FOMC) voted unanimously to keep rates at 4.25% to 4.5%. The FOMC added that it will continue reducing its holdings of Treasury securities,… Read More

Small Business and Entrepreneurship Council Voices Support for Big Beautiful Bill. Advocates on Behalf of Access to Capital

The “Big, Beautiful Bill,” working its way through Congress, is a tax-and-spend legislation that has supporters and detractors on all sides. Regarding the tax portion, the legislation aims to ensure the previous Trump tax law remains in place, as much of it is scheduled to… Read More

The GENIUS Act Approved in the Senate as Federal Stablecoin Regulations Near

The GENIUS Act  (S. 1582) was approved by the Senate today, thus moving federal regulations for stablecoins closer to reality. While stablecoins are typically tied to other assets, such as fiat currency, gold, or perhaps an algorithm, this legislation explicitly addresses payment stablecoins or digital… Read More

Silicon Prairie Aims to Acquire a Bank, Looks to Raise Money in Securities Offering

Silicon Prairie, a multifaceted Fintech Company in the securities crowdfunding sector, is interested in acquiring a community bank. In a recent LinkedIn post, Silicon Prairie founder and CEO David Duccini stated that they are not a traditional Fintech story, but rather a Capital Technology firm… Read More

Investors Move Money into ETFs as Fund Strategies Expand, Providing Retail Investors with More Options

The rise of Exchange Traded Funds (ETFs) has been pretty spectacular. Proceeded by the advent of Mutual Funds, ETFs offer greater liquidity and a more creative portfolio of offerings than your parents’ Mutual Funds. While passive ETFs currently dominate, there has been a rise in… Read More

a16z Commits $70 Million to Largest Restaking Protocol on Ethereum – EigenLayer

a16z is investing $70 million in EigenLayer, the largest restaking protocol on Ethereum, with over $12 billion in total value locked (TVL). a16z previously committed $100 million in EigenLayer for its series B funding round. The $70 million was for EigenLayer tokens. a16z said the… Read More

Shares of Circle Continue to Rise As Senate is Poised to Vote on Stablecoin Legislation, the GENIUS Act

Circle shares (NASDAQ:CRCL) have been on a tear since their initial public offering (IPO) earlier this month. Circle shares were initially priced at $31/share, but obviously, the underwriters and the company left a lot of money on the table as Circle closed at over $151… Read More

Salt Edge to Work with RiseUp on Open Banking

Open banking firm Salt Edge will partner with RiseUP, a “financial insight provider.” According to a company statement, the collaboration will enable RiseUp to leverage financial data and enhance revenue. UK businesses will see Salt Edge’s services integrated into the RiseUp platform, which aims to… Read More

The GENIUS Act, Stablecoin Legislation, Expected to Head to a Floor Vote in Senate Tomorrow

The GENIUS Act (S. 1582), legislation that aims to provide regulatory clarity for stablecoins, is expected to head to a floor vote in the US Senate tomorrow. Last week, the bill was part of a cloture motion, which then limited debate, allowing it to move… Read More

Happy Money Gains $500 Million Purchase Agreement

Happy Money, a digital lender, has gained a $500 million purchase agreement led by Fortress Investment Group and Edge Focus. The agreement is for funds managed by the aforementioned firms to purchase up to $500 million in Happy Money loans. To date, Happy Money reports… Read More

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