Israel Reports Killing ‘Militants’ in Lebanon Despite Ceasefire as Troops Continues Demolitions

Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price. The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...

A resolution proposed by Democratic Senator Tammy Duckworth, instructing President Donald Trump to end the war against Iran, was rejected by the Senate.  On Wednesday, the upper chamber rejected the legislation on a 52-47 vote. Senator Rand Paul was the only Republican to vote for the resolution, and John Fetterman was the only Democrat to […]

Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.