Landmark crypto law passed.

JPMorgan expands research to private companies.

🎵WHEN YOU TRY YOUR BEST BUT YOU DON’T SUCCEEEEEEEEED🎵
- Coldplay signing to a couple trying to hide their affair

*Source: CoinGecko.com As of 7:37PM July 20, 2025

1) Stablecoins = the new economy: President Trump signed the GENIUS Act into law on July 18, officially regulating dollar‑pegged stablecoins by requiring full reserve backing and monthly disclosures. The move, backed by both parties, is aimed at boosting trust, helping crypto go mainstream, and strengthening the dollar’s dominance, though critics warn it may fuel a crypto bubble.

2) JPM on private companies: JPMorgan Chase is ramping up its coverage of major private companies, beginning with a report on OpenAI, in response to skyrocketing valuations and investor demand. Rather than traditional ratings or price targets, the new reports will provide structured insights and sector-impact analysis, reflecting the vital role private firms, with over 1,500 unicorns now valued at nearly $4 trillion, play in the global economy. Watch for the impact of this.

3) Late Show cancelled: CBS announced that it will cancel The Late Show with Stephen Colbert at the end of the 2025-26 TV season, retiring the iconic late-night franchise entirely and citing financial pressures and declining viewership as the main reasons. The network emphasized the decision was not related to Colbert’s performance or show content, despite speculation fueled by the show’s recent political commentary and timing amid corporate merger talks.

1) The CEO of Astronomer, Andy Byron, resigned this week after a viral "kiss cam" video from a Coldplay concert showed him getting cosy with the company's chief people officer, Kristin Cabot (not his wife). If you haven’t seen the video yet, I assume you’ve been in a coma.

2) An Australian woman was found guilty this week of murdering three relatives and attempting to murder a fourth by serving them Beef Wellington laced with deadly death cap mushrooms at a family lunch. Delicious way to die.

3) This week, King Charles III’s annual five-day swan census, known as Swan Upping, began on the River Thames to assess the health of the Queen's swans. I wonder what they'll put down for "religious belief".

…in 1798, the Battle of the Pyramids took place near Cairo, where Napoleon Bonaparte’s French forces decisively defeated the Mamluk army. This defeat led to the collapse of organized Egyptian resistance and enabled the French to capture Cairo.