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

Warner Bros Outbids Netflix for Paramount. The Streaming Math.

Warner Bros. Discovery told Paramount Global today that its acquisition bid is superior to Netflix’s competing offer. Paramount now has a countdown window for Netflix to respond. Warner Bros Discovery Max + Discovery+ + Paramount+ Combined content library: ~45,000 titles Netflix Counter Already has 8,200+ titles Would add Paramount’s IP catalog The deal reshapes streaming. … Read more

Bitcoin Bounces to $69,500 After Biggest Weekly Drop Since June

Bitcoin surged nearly 8% on Wednesday, touching $69,500 after last week’s sharp selloff that saw the token drop below $62,000. Short covering drove the bulk of the move. +7.8% 24h Change -18% From ATH $69.5K Current Price The bounce follows $2.3 billion in on-chain realized losses over the past week, according to CryptoQuant. Ethereum, BNB, … Read more

Credit Card Statistics 2026: Debt, Rates, and Delinquency Data

Picture someone swiping a credit card at a grocery store in Des Moines. Not for a splurge. For eggs, milk, and bread. The total is $47. She will pay $10.48 in interest on that $47 if she carries it for a year. That is the American credit card economy in 2026. The Federal Reserve Bank … Read more