Author: potus

The race to create publicly traded bitcoin treasuries is accelerating — and so is the capital pouring in.ProCap Financial, the latest entrant, has raised more than $750 million and is going public through a special purpose acquisition company, or SPAC, with Columbus Circle Capital Corp. I, according to an announcement Monday.Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt, with equity making up the rest. The new firm aims to hold up to $1 billion in bitcoin on its balance sheet and generate revenue through…

Fabricio Bloisi, chief executive officer of Prosus NV, during an interview in London, UK, on Monday, Oct. 21, 2024. Bloisi took the reins of South Africa’s Naspers Ltd. and its investment arm Prosus NV in July with a plan to double the value of the 110-year-old group within the next four years. Jose Sarmento Matos | Bloomberg | Getty ImagesIndia will produce a $100 billion tech company in the coming years, the CEO of Prosus told CNBC on Monday, as the firm bets on the country for its next big investment win.Prosus, which is majority owned by South African company…

WASHINGTON (AP) — The Supreme Court agreed on Monday to hear the appeal of a former Louisiana prison inmate whose dreadlocks were cut off by prison guards in violation of his religious beliefs.The justices will review an appellate ruling that held that the former inmate, Damon Landor, could not sue prison officials for money damages under a federal law aimed at protecting prisoners’ religious rights.Landor, an adherent of the Rastafari religion, even carried a copy of a ruling by the appeals court in another inmate’s case holding that cutting religious prisoners’ dreadlocks violates the Religious Land Use and Institutionalized Persons…

President Donald Trump on Sunday called into question the future of Iran’s ruling theocracy after a surprise attack on three of the country’s nuclear sites, contradicting his administration’s earlier calls to resume negotiations and avoid an escalation in fighting.“It’s not politically correct to use the term, ‘Regime Change,’ but if the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn’t there be a Regime change???” Trump posted on social media. “MIGA!!!”▶ Follow more live updates on the war between Israel and Iran Other news we’re following:NATO summit begins Tuesday: Trump and his NATO counterparts will meet to…

Americans’ support for green energy tax credits and renewable energies like wind and solar power has decreased in recent years, according to a new poll, driven by a softening in support from Democrats and independents.The poll from The Associated Press-NORC Center for Public Affairs Research finds that U.S. adults’ support for tax credits for electric vehicles and solar panels has weakened, as well as their enthusiasm for offshore wind farm expansion. While Democrats remain the strongest supporters of these initiatives, the poll reveals signs of growing cynicism within their ranks.The poll results coincide with sweeping changes President Donald Trump’s Republican…

The U.S. military’s strike on three sites in Iran raised urgent questions about what remains of Tehran’s nuclear program and how its weakened military might respond.The decision to directly involve the U.S. comes after more than a week of strikes by Israel on Iran that have moved to systematically eradicate the country’s air defenses and offensive missile capabilities, while damaging its nuclear enrichment facilities.President Donald Trump, who has warned of additional strikes if Tehran retaliates against U.S. forces, has mused about the possibility of “regime change ″ in Iran, despite administration officials earlier indicating they wanted to restart talks with…

WASHINGTON (AP) — The massive tax and spending cuts package that President Donald Trump wants on his desk by July 4 would loosen regulations on gun silencers and certain types of rifles and shotguns, advancing a longtime priority of the gun industry as Republican leaders in the House and Senate try to win enough votes to pass the bill. The guns provision was first requested in the House by Georgia Rep. Andrew Clyde, a Republican gun store owner who had initially opposed the larger tax package. The House bill would remove silencers — called “suppressors” by the gun industry —…

Bitcoin fell to its lowest level since May over the weekend, as rising tensions in the Middle East and renewed inflation fears triggered a sharp selloff across digital assets.Bitcoin dropped below the $99,000 mark on Sunday — its lowest point in more than a month — and ether was more than 10% lower at one point, as the digital asset market became the first to react to escalating geopolitical risk. Solana, XRP, and dogecoin also posted sharp losses, dragging the entire crypto complex deep into the red.Digital assets began to gain back ground late Sunday, with bitcoin trading just shy…

COLUMBUS, Ohio (AP) — A landmark U.S. Supreme Court ruling 10 years ago this month, on June 26, 2015, legalized same-sex marriage across the U.S.The Obergefell v. Hodges decision followed years of national wrangling over the issue, during which some states moved to protect domestic partnerships or civil unions for same-sex partners and others declared marriage could exist only between one man and one woman.In plaintiff James Obergefell’s home state of Ohio, voters had overwhelmingly approved such an amendment in 2004 — effectively mirroring the federal Defense of Marriage Act, which denied federal recognition of same-sex couples. That laid the…

new video loaded: Trump and Netanyahu Praise U.S. Strikes on Iranian Nuclear SitestranscriptBacktranscriptTrump and Netanyahu Praise U.S. Strikes on Iranian Nuclear SitesPresident Trump said the aim of attacking the three facilities was to destroy Iran’s nuclear capability. Iran said the sites had been hit but did not immediately describe the damage.“Thank you very much. A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime: Fordo, Natanz and Isfahan. Our objective was the destruction of Iran’s nuclear enrichment capacity and a stop to the nuclear threat posed by the…