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View More NewsBitcoin (BTC) has fallen roughly 50% since Michael Saylor’s Strategy launched Stretch (STRC), its flagship Bitcoin-funding vehicle, in late July 2025.BTC/USD monthly chart. Source: TradingViewKey takeaways:STRC is acting like a classic Ponzi scheme, argue Peter Schiff and other critics.Other analysts disagree, noting that STRC’s drop below the $100 par is due to a leverage wipeout. Critics say STRC looks like a “classic centralized Ponzi”STRC was designed to trade near its $100 par value, enabling Strategy to raise capital to buy more Bitcoin. The instrument is now trading at a deep discount, suggesting that the BTC buying channel is under pressure.On…
The decision, in yesterday’s Rabiebna v. Higher Ed. Aids Bd., was written by Justice Annette Kingsland Ziegler, and joined by Justices Rebecca Grassl Bradley, Brian Hagedorn, and Janet Protasiewicz. The program provided state funds to students who were black; American Indian; Hispanic, meaning “a person of any race whose ancestors originated in Mexico, Puerto Rico, Cuba, Central America or South America or whose culture or origin is Spanish”; or (to oversimplify slightly) of Laotian, Vietnamese, or Cambodian extraction. The opinions are long, but the majority basically applied Students for Fair Admissions, Inc. v. President & Fellows of Harvard Coll. (2023).…
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What does it mean for a civilisation to turn against itself? In this episode, Quillette’s Zoe Sankey speaks with philosopher and author Benedict Beckeld — whose 2019 Quillette essay on oikophobia remains one of our site’s most popular pieces — about the recurring historical phenomenon he has spent his career documenting: the tendency of successful Western societies to denigrate their own culture, institutions, and inheritance.Oikophobia — Our Western Self-Hatred | Benedict Beckeld | QuilletteThe simplest way of defining oikophobia is as the opposite extreme of xenophobia.Drawing on his book Oikophobia: Our Western Self-Hatred, published by Cornell University Press, Beckeld traces…
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From In the Matter of Gun Permit Appeal of A.A.R., decided yesterday by the N.J. intermediate appellate court (Judges Katie Gummer, James Paganelli, and…
For years, Bitcoin miners were little more than leveraged bets on BTC prices. That’s changing fast. As mining margins tighten and demand for AI…
In brief Strive CEO Matt Cole called Thursday’s preferred equity performance the “most difficult day ever” for digital credit products. Strive’s SATA and Strategy’s…
As part of President Donald Trump’s plan to deport every single undocumented immigrant—and perhaps tens of millions of citizens and legal residents—the Department of…
Bitcoin’s BTC$65,841.55 drop below $60,000 earlier this month spurred investors to pile into the largest cryptocurrency, with almost 260,000 BTC bought over 10 days…
A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the…
From Judge April Perry (N.D. Ill.) today in Doe v. Thomas. Some context: Plaintiff’s motion for a protective order [51] is denied, as Plaintiff…
When the game ended 0-0, both paid out. The wallet redeemed about $4.7 million on the Spain market and $8.5 million on the spread,…
How Bitcoin perps are entering regulated US marketsFor years, Bitcoin perpetual futures have ranked among the most important products in crypto trading. They account…
In brief South Korean police referred 23 suspects and detained two key figures over laundering crypto proceeds from a Cambodia-based phishing group. The crew…
An excellent resource from Prof. Ed Lee (Santa Clara). The focus is on tort lawsuits brought against AI companies or otherwise based on defendants’…
Locus Founder settles payments in USDC, a dollar-pegged stablecoin, directly into a non-custodial wallet controlled by the agent, without a bank account or days…