General Motors Shares Plunge 6% Despite $20 Billion Buyback Announcement And Earnings Beat

JPMorgan Activates BTC & ETH As Institutional Collateral Via Sentora Research, JPMorgan has officially bridged the gap between "Digital Gold" and "Wholesale Credit."  The activation of direct BTC and ETH collateralization allows institutional giants to finally turn their dormant holdings into immediate USD liquidity without selling a single satoshi. Operating through the Kinexys (formerly Onyx) digital financing platform, the bank now allows institutional clients like hedge funds and corporate treasuries to pledge BTC and ETH for USD-denominated liquidity. Unlike previous years where only ETF-wrapped products were supported, this move enables borrowers to leverage their direct on-chain...

50 Iranian Tanker Logjam Unfolds As US Naval Blockade Starves Tehran Of Oil Revenue Bloomberg cites a new report from United Against Nuclear Iran that claims the US naval blockade of the Strait of Hormuz has created a parking lot of more than 50 Iranian tankers that dare not cross the critical waterway. The nonprofit think tank, which focuses on combating threats posed by Iran, said the number of laden tankers was broadly unchanged from two months earlier. The tankers were mostly carrying crude, along with some petroleum products and LNG. UANI...

(Note: Brian will be a featured speaker at RPI’s upcoming “War is Back on the Menu” Conference. Get your tickets here.) President Trump’s decision to join Israel in launching a regime-change war on Iran has so far cost the lives of at least 13 American service members. More than 200 have been wounded, dozens seriously enough to require evacuations […]