Crypto News
US House Announces July ‘Crypto Week’
On the same day the U.S. House of Representatives passed President Donald Trump’s flagship piece of legislation, the so-called “One Big Beautiful Bill,” Republican House leaders also declared the week of July 14, “Crypto Week,” according to a press release published by Arkansas House Republican French Hill. Crypto Week will feature a marathon review ofSource link
Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam
A recently launched crypto ETF in the U.S., which offers diversified exposure to digital assets along with options income, is gaining traction in a sign that investors are looking beyond traditional, single-spot-focused products.The Nicholas Crypto Income ETF (BLOX), an actively managed ETF designed for diversified exposure to the digital assets ecosystem while generating additional income via options strategies, went live on the NYSE on June 17. The ETF is the latest addition to the XFUNDS by Nicholas Wealth suite.Since then, the ETF has registered a net inflow of around $4.52 million, according to data source VettaFi. BLOX's website puts the total net assets at $4.9 million."The options income space is almost becoming its own asset class," David Nicholas, CEO of...
Riot Platform’s Power Strategy Boosts Credits Amid Production Decline
In June, Riot Platforms mined 450 bitcoin, a 12% decrease from May’s 514 BTC, with daily production averaging 15 BTC compared to 16.6 BTC in May. Riot Achieves Higher Average BTC Price in June Bitcoin mining firm Riot Platforms produced 450 bitcoin ( BTC) in the past month, a 12% drop from the 514 BTCSource link
Economist Peter Schiff Dismisses June Job Gains, Sparking Debate Over Labor Market Health
Economist Peter Schiff sharply criticized the latest U.S. Bureau of Labor Statistics (BLS) report, contending that 92% of the 147,000 jobs created in June were in “non-productive” government, health, or social services sectors. Non-Productive Jobs and the U.S. Debt Economist Peter Schiff has downplayed the latest data from the U.S. Bureau of Labor Statistics (BLS),Source link
Character.AI Unveils Real-Time AI Video Technology with TalkingMachines
Character.AI introduces TalkingMachines, a breakthrough in real-time AI video generation, utilizing advanced diffusion models for interactive, audio-driven character animation. (Read More)Source link