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US Lawmakers Renew Strategic Bitcoin Reserve Push With ARMA Bill
US Lawmakers Renew Strategic Bitcoin Reserve Push With ARMA Bill
Authored by Brayden Lindrea via CoinTelegraph.com,
US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years.
The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held by the US Treasury Department, said the bill’s sponsor, Representative Nick Begich.
ARMA, sponsored by 16 members of Congress, builds on the...
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Jun 25, 2026 / Tyler Durden
India's Imports Of Russian Oil Set For New Record High
India's Imports Of Russian Oil Set For New Record High
India is set to import a record-high volume of Russian crude in June as the Hormuz crisis and the U.S. waivers on Russia’s barrels have pushed the world’s third-largest crude importer to gorge on Moscow’s oil again, OilPrice reported.
India has imported 2.6 million barrels per day (bpd) of Russian crude oil so far in June, according to preliminary vessel-tracking data from commodity analytics firm Kpler cited by Indian media.
So far this month, Russian crude has accounted for as much as 53.5% of...
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Sep 1, 2026 / Tyler Durden
What Happens When A Metal The West Can't Live Without Runs Short
What Happens When A Metal The West Can't Live Without Runs Short
At the end of last week, the Trump administration's halt to tungsten scrap exports took effect, as the U.S. and its allies confront a deepening supply crisis and race to find new supplies.
China's export restrictions are accelerating the West's campaign to secure ex-China supplies, reinforcing our U.S.-China decoupling theme and placing a major spotlight on the largest Western tungsten miner: Almonty Industries.
The miner operates in Portugal and is ramping up its prized Sangdong Mine in South Korea, which...
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Jun 26, 2026 / Tyler Durden
Futures Drop, Chips Resume Slide As OpenAI IPO Delay Dents Sentiment
Futures Drop, Chips Resume Slide As OpenAI IPO Delay Dents Sentiment
Futures point to a lower start for cash trading on the last day of the week, as tech stocks dragged global indexes lower following renewed selling in chipmakers, while a report that OpenAI could postpone plans to go public also weighed on sentiment. The volatility reflects a valuation test, profit‑taking and flow-driven positioning, according to Christian Stocker, equity strategist at UniCredit, who suggests it’s a “temporary correction within a still-intact long-term AI growth trend.” As of 8:00am ET, Nasdaq 100 futures...
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