PayPal shares surged nearly 12% after news that Stripe and Advent International offered to buy the service for over $53 billion.

According to Reuters, the buyers proposed $60.5 per share, about 28% above the previous closing price, while PayPal has not responded yet.

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Treasury Secretary Scott Bessent announced the release of a new $1 gold coin featuring Trump to "honor the enduring legacy of freedom" and immortalize this symbol of American patriotism.

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⚡️ JUST IN: US average 30-year fixed mortgage rate rises to 6.55%

The average interest rate on a US 30-year fixed mortgage has climbed to 6.55%, marking the highest level since August 2025. This increase comes amid ongoing tensions from the Iran War, pushing rates to new one-year highs.

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Crypto flash

Meanwhile, a new time traveler has been unlocked.

A post on X dated this year predicted Argentina would beat Spain 3-2 in the 2026 World Cup final.

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Ladies and gentlemen, we have reached the finale.

You will soon be able to pay the sitting President for the privilege of front-running everyone else.

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US corporate insiders are selling US stocks at the second-highest pace in 20+ years, with $77.6 billion sold in H1 this year, a 20% increase, per BBG and EPFR.

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📈 Wealth Concentration Hits Record High

The richest Americans now control a record ~12% of US national income, marking the highest level ever recorded for the top 0.00001%.

This share has more than quadrupled since the 2008 Financial Crisis, while it never exceeded 1% from the 1950s to the 1990s. The rise is driven by record gains in the equity market and increasing real estate prices.

Only asset owners have benefited from this surge in wealth concentration.

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Crypto flash

⚡️ JUST IN: Trump Administration is sending dozens more refueling planes to Israel ahead of a potential massive offensive in Iran.

Trump is reportedly considering a massive offensive that could include bombing Iranian infrastructure such as power plants and nuclear sites. The escalation might be ordered in the coming days.

Following the news, Brent oil prices surged toward $88 per barrel.

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⚡️ JUST IN: Trump threatens to increase tariffs on Canada over "willful negligence" causing forest fires polluting air across the US.

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“Staying in your room will not make you rich”

The room:

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US national debt has risen to $39.5 trillion.

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⚡️ JUST IN: Iran has formally announced it is suspending the implementation of all commitments under the MOU with the U.S..

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In trading they call this the presidential strategy

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US reports 2 service members killed and several wounded in Iranian attack on Jordan air base.

The strike targeted an air base used by US warplanes for operations against Iran, according to officials.

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⚡️ JUST IN: US strikes Iran's Darkhovin nuclear power plant.

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Prepare for Monday in the stock market.

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⚡️ JUST IN: Trump says we hit Iran very hard tonight.

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This is the most damaging advice you can give a young person.

They read it, decide they have time, and do nothing for a decade.

That decade of nothing costs more than the next three combined.

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👮‍♀️ Tate Brothers Detained in Miami on UK Extradition Request

Tate brothers, popular bloggers, were detained in Miami on charges of rape and prostitution after a Britain extradition request.

Tate criticizes the British government and denies knowing about the 15-year-old crime, saying authorities haven’t disclosed details of the accusation.

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⚡️ JUST IN: Houthis declare maritime embargo against Saudi Arabia.

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