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MicroStrategy Stocks Plunged 10% After a Downgrade to “Underporformance”

Jefferies analyst Brent Thill downgraded the software analytics provider to “underperform” from “hold” as the ongoing crypto shambles failed to demonstrate strong signals for a market reversal. The downgrade that…

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Cryptocurrencies Are Essential For Ukraine’s Military Operations, High-Ranking Official Says

On July 26, Alex Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, reasserted his support for cryptocurrencies on his Twitter account, saying they were “essential” for the country’s war against Russia.…

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Stablecoin Bill Delayed to September After Treasury Raises Concerns

The House Financial Services Committee has pushed back its long-awaited stablecoin bill to September following objections from Treasury Secretary Janet Yellen. This will delay congressional discussions on the subject until…

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