Credit Card Debt Just Hit $1.28 Trillion. 55% Is for Groceries.

The Federal Reserve Bank of New York confirmed it this week: $1.28 trillion in outstanding credit card balances as of Q4 2025. A record. The number that matters more: 55% of those balances cover essential expenses. $1.28T Total CC Debt 55% For Essentials The NY Fed calls it a K-shaped economy. Delinquency rates are declining … Read more

Trump-Linked Bitcoin Miner Down 55% as Crypto Slides

American Bitcoin Corp (ABTC), the mining venture backed by Eric Trump and Donald Trump Jr., has lost more than half its value since the broader crypto selloff began last week. -55% ABTC from Peak -18% BTC from ATH ABTC merged with Hut 8 Mining earlier this year. The stock’s decline outpaces Bitcoin’s 18% drawdown from … Read more

US Raked in $30 Billion in Crypto Seizures Since 2022

A report from China’s National Computer Virus Emergency Response Center claims the United States has seized over $30 billion worth of cryptocurrency between 2022 and 2025 through law enforcement actions. $30B+ Seized Crypto Assets (2022-2025) Source: China NCVERC Report, Feb 2026 The report frames US enforcement actions as “technological hegemony” — a strategic tool for … Read more