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View More Newsfrom the no-real-principles-but-self-interest dept It is zero surprise that the Supreme Court officially overturned its 91-year-old precedent first created in Humphrey’s Executor. That case held that when Congress designates an agency as independent of the executive branch, the president cannot just fire its commissioners. The Humphrey’s Executor opinion stopped FDR from trying to fire an FTC Commissioner he didn’t like, and reinforced the important idea that Congress could design independent agencies, staffed by experts, that should be less prone to partisan political influence. The Roberts Supreme Court has been signalling it wanted to overturn Humphrey’s for years, and it finally…
The Bitcoin holding level of long-term investors has reached a record high of 14.7 million Bitcoin, which could suggest that the crypto market bottom will come early, according to Cory Klippsten, CEO of Swan Bitcoin. “We’re at an all-time high of BTC held in addresses of long-term holders,” Klippsten told Cointelegraph in an interview, which he said has “marked cycle lows historically.”Bitcoin (BTC) supply held by long-term holders reached 14.7 million BTC on Wednesday, an all-time high that “signals continued conviction” among seasoned investors, according to crypto analytics platform Glassnode. Klippsten said these figures suggest that Bitcoin may find its cycle bottom…
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On 6 June, a play that has been decried as too “toxic” and “problematic” for the age of #MeToo ended an acclaimed, sold-out run at London’s National Theatre. A filmed version of the production also began screening in cinemas across the United Kingdom, the United States, Australia, and other countries from 25 June. The play is Christopher Hampton’s Les Liaisons Dangereuses, the (now-updated) 1985 adaptation of Pierre-Ambroise Choderlos de Laclos’s eponymous 1782 novel.The book has also been denounced plenty of times since it first appeared—back then, it was described with words like “execrable” or “infamous.” Its authorship reportedly got Laclos,…
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Under the “yen carry trade” framework, a weak yen (USD/JPY rising) is supposed to be accompanied by rising BTC, just as it tends to…
Sovereign wealth funds have been accumulating spot Bitcoin, a sign that Bitcoin’s current price level is becoming attractive to institutional investors, according to MidChains…
The pickup began about 18 months ago, before MiCA’s first rules took effect, she said. Stablecoin regulations began applying about a year ago, and…
Crypto exchange users in Australia will soon face stricter rules on all transfers as the country’s travel rule is set to come into force…
Bitcoin (BTC) risked wiping out its Iran truce gains and returning toward the $60,000 psychological support as the Bank of Japan (BoJ) raised its…
In brief Cumulative HYPE ETF inflows hit nearly $172 million in roughly a month, with Bitwise’s BHYP leading at $106.6 million. Hyperliquid’s HIP-3 saw…
from the golden-age-of-corruption dept Last week Elon Musk successfully conned America and U.S. regulators into signing off on his preposterous SpaceX IPO, which immediately…
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The new fund offering comes as bitcoin struggles to break out of a bear market, trading around $67,000, down about 23% year to date.…
Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company says will improve…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
Sometime in the next two or three weeks, the U.S. Supreme Court will decide a case about the president’s authority to fire independent federal…