Rare moment where my professional and personal worlds collide: XRP is now the first crypto on the jersey of a major college athletics program, at my alma mater.
XRP Family, meet the Jayhawks. Rock Chalk!
JUST IN: 🇺🇸 President Trump says crypto is "very powerful."
"A lot of people are using Bitcoin … I don't think anybody understands really how powerful [it is]."
Stress in the US private credit market is intensifying:
Investors requested a record -$15.6 billion in redemptions from private credit funds in Q2 2026.
This marks the 3rd consecutive quarterly increase by a total of +$13 billion, or +500%.
Furthermore, just 38% of these requests were met, down from 53% in Q1 2026, leaving $9.7 billion in unmet redemptions, the largest backlog on record.
Blue Owl's flagship fund, Blue Owl Credit Income, was the most impacted at 19% of shares outstanding, with 14% unmet, the highest redemption rate among its large competitors.
This was followed by Apollo, at 16% requested with 11% unmet, and Ares, at 14% requested with 9% unmet.
Meanwhile, inflows into the private credit industry declined -75% since January to ~$500 million in May, the smallest monthly intake in at least 18 months.
The private credit crisis shows no signs of slowing.
Citadel Securities Asks to Join Susquehanna Insider-Trading Suit
“…Ken Griffin’s market-making firm late last week asked for court permission to join Susquehanna’s June 29 lawsuit, saying it lost about $28 million as the “victim of a brazen insider trader scheme.”…”
Jenny Johnson, CEO of Franklin Templeton on @TrumpAccounts: "If you invest $1,000 a year for 10 years at age 20, when you retire... you will have more money than a person who starts to invest at age 30 and invests the same amount per year for 30 years—that's the power of compounding—and so if you look at @TrumpAccounts, we're now starting at birth and being able to compound. I think it's incredibly powerful."