Trump-Backed American Bitcoin Mining Firm Raises $220 Million

Figma, a design software giant, surprised many by holding a multi-million-dollar Bitcoin investment for over a year, with plans to buy more. The company's IPO filing revealed an initial $55 million investment in a Bitcoin ETF, which grew to $78.8 million in gains by December last year.

Hotels worldwide are increasingly using humanoid robots for check-ins and customer service, despite mixed traveler reactions. The hospitality robot market is booming, with an expected value exceeding $2 billion by 2030. The Henn-na Hotel in Japan is a pioneer in adopting robotic staff, although it faced technical challenges and guest complaints.

Dogecoin Cash Inc. has launched a subsidiary, Dogecoin Treasury Inc., to manage its Dogecoin (DOGE) treasury and support development initiatives. The company, previously Cannabis Sativia, Inc., rebranded in November to focus on cryptocurrency and blockchain projects, including a "Dogecoin Protocol."

MARA Holdings' Bitcoin mining production decreased by 25% in June due to weather conditions and industry challenges, resulting in 713 Bitcoins produced. The company plans to increase its network capacity by 40% by year's end to improve mining efficiency.

Federal Reserve chair Jerome Powell stated at a European Central Bank forum that he would have adjusted interest rates differently without President Trump's tariff policies. Despite Trump's demands for rate cuts, Powell has resisted, citing concerns about potential inflation and economic volatility.

Robinhood is developing an Ethereum layer-2 scaling network for trading digital assets like stocks, aiming to connect with other entities in the crypto space. Meanwhile, Kraken is focusing on tokenized stock trading on Solana, with plans to expand to other blockchains.

xStocks, a new feature on the Solana blockchain, allows traders to hold tokenized shares of companies like Nvidia, Tesla, and Meta. Each xStock token is backed 1:1 by the actual stock, providing users with ownership and flexibility.

Traders on the prediction market Myriad are closely monitoring whether Bitcoin will close above $108,000 by the end of the week. With Bitcoin hovering near the $108K mark, the odds on Myriad have shifted to a 69% chance of it not reaching the target.

The U.S. Senate narrowly passed President Donald Trump’s reconciliation bill without key tax amendments benefiting crypto users. Despite efforts by pro-crypto senators and industry leaders, the amendments were not included due to time constraints.

New York Attorney General Letitia James has raised concerns about the U.S. Senate's stablecoin bill, urging Congress to enhance innovation while protecting the banking system. She proposed regulating stablecoin issuers as banks and requiring them to be domiciled in the U.S.