finance
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Uber Technologies Inc. has announced a multi-year partnership with autonomous vehicle startup May Mobility to deploy thousands of self-driving vehicles on its ride-hailing platform across U.S. cities, beginning with Arlington, Texas, by late 2025. The collaboration aims to scale autonomous vehicle (AV) transportation in the United States, an estimated $1 trillion market. Under the agreement,…
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According to Reuters, Bitmain, Canaan and MicroBT—together controlling over 90 % of the global Bitcoin mining hardware market—have begun relocating parts of their production to the U.S. in order to avoid escalating tariffs introduced by the Trump administration. Per Reuters, Bitmain initiated U.S. assembly of its mining rigs in December 2024, shortly after Trump regained office.…
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According to Binance News and Cointime, California pension funds disclosed on May 16, 2025, a purchase of $276 million in MicroStrategy (MSTR) shares—a strategic move that provides Bitcoin exposure via equity holdings. Per Cryptopolitan and TheCryptoBasic, investments from at least two major California systems—CalSTRS and CalPERS—total 694,119 shares, representing a combined $276 million stake. Cryptopolitan notes public pension…
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Heritage Distilling Holding Co. (NASDAQ: CASK), a publicly traded whiskey producer valued at approximately $200 million, has announced it will begin accepting Bitcoin for product purchases and will hold the proceeds in its corporate treasury. Per the official announcement, Heritage is partnering with crypto-payment platforms to integrate Bitcoin directly into its consumer payment systems, marking…
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Per a U.S. SEC 13F filing, Abu Dhabi’s sovereign wealth fund Mubadala disclosed ownership of approximately 8.73 million shares in BlackRock’s iShares Bitcoin Trust (IBIT), valued at $408.5 million as of March 31, 2025. That figure represents a 6% increase from end‑2024 levels when Mubadala held 8.2 million shares valued around $436 million—a strategic upsizing into Bitcoin exposure via a regulated ETF…
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North Carolina lawmakers have introduced multiple bills aiming to integrate cryptocurrencies, such as Bitcoin, into the state’s financial strategy. One notable proposal, the Bitcoin Reserve and Investment Act (Senate Bill 327), seeks to authorize the state treasurer to allocate up to 10% of public funds into Bitcoin. This initiative positions North Carolina among several states…
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A recent report from Realtor.com reveals that the annual income required to afford a median-priced home in the United States has surged to approximately $114,000. This marks a 70.1% increase from $67,000 in 2019, driven by rising home prices and elevated mortgage rates . The median national listing price in April 2025 stood at $431,250,…
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The United States and China are among the largest holders of Bitcoin globally, with their reserves primarily accumulated through asset forfeitures. As of December 13, 2024, the U.S. government holds approximately 207,189 BTC, valued at around $17.4 billion. Similarly, China possesses about 194,000 BTC, worth approximately $16.2 billion. These substantial holdings underscore the strategic importance…
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President Donald Trump’s stance on cryptocurrency has undergone a significant transformation. Once a vocal critic, labeling Bitcoin as “a scam” in 2021, he has since become one of its most prominent advocates. In his second term, Trump has declared his intention to make the United States the “crypto capital of the world” and the “undisputed…
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Florida has introduced a legislative proposal aimed at eliminating capital gains taxes on Bitcoin transactions. If enacted, this would position Florida as one of the most crypto-friendly states in the U.S. The proposed bill seeks to exempt capital gains taxes on Bitcoin, XRP, and traditional stock investments for state residents. Supporters argue that this move…

