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SEC: Liquid staking tokens are not securities. ✅ #ETHFI, #LDO, #EIGEN, #JTO actually got the green light. But when are green candles? Apparently with the launch of staking ETFs on #ETH and #SOL Blackrock recently applied for ETF staking for #ETH and the SEC immediately agreed with a press release on liquid staking.
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Silicon Valley takes the side of the military industry 🗣 The New York Times article discusses the shift in Silicon Valley, where companies like Google, Meta and OpenAI began to actively cooperate with the US military. Previously refusing to develop weapons, they are now working on new technologies: Meta creates virtual points for training, OpenAI — means against drones. This is due to the political climate and competition with China for leadership.
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Billionaire Michael Saylor Says This Bitcoin-Backed Investment Could Replace Your Retirement Plan Michael Saylor positions Bitcoin-backed securities as retirement alternative offering 9.5% yields versus 0.1-4% bank rates as MicroStrategy launches STRC preferred stock. Billionaire Strategy Executive Chairman Michael Saylor has positioned his company’s Bitcoin-backed securities as a compelling alternative to conventional bank savings for retirement planning, presenting yields of 9.5% versus traditional savings rates ranging from 0.1% to 4%. During MicroStrategy’s second-quarter earnings call on July 31, Saylor highlighted the firm’s newest preferred stock offering, STRC, as especially appealing to conservative investors seeking returns on their income.
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According to a Blackrock insider (and a former manager of one of his funds), today's governments continue to support the system on artificial life support. But at the same time, they are preparing a complete reboot of the banking, financial and currency systems, in order to eventually fully transition to the new digital world.
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Fed meeting rate remains at 4.5 as it was, bitcoin is also stable, not growing yet.
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