▪ This is the first fucking time ▪ Fucking ever ▪ The 10y Treasury has gone from under 4% to over 5.2% ▪ Within 150 trading days ▪ Ever

$1,000 is more likely than ever

Trump: If the Democrats win the midterm elections, we will face an economic recession.

Californians are crashing out over $7.00 a gallon gas

Transactions on public blockchains are transparent, but measuring economic activity is often not. Commonly used measures of cryptoasset and #DeFi activity can differ substantially depending on how blockchain data are treated. bit.ly/4dlo1Nt

WHITE HOUSE FLOATING IDEA OF ‘55 NATIONWIDE’ SPEED LIMIT

BREAKING: Saudi Crown Prince MBS called Trump twice on Thursday strongly urging him to launch US strikes on the Houthis as they closed in on the Bab el-Mandeb Strait and seized more than 3,000 sq. km, per two US officials. Trump refused. The request is a sharp reversal from July, when MBS told Trump Saudi Arabia could handle the Houthis on its own. US officials have told their Saudi counterparts that Trump will not give that support and that the directive is to keep American forces focused on Iran and the Strait of Hormuz and avoid opening another front. MBS made his bet in February, hosting the US air armada at Prince Sultan Air Base that opened the war, and took the Iranian retaliation on Saudi soil that followed, repeated missile and drone strikes on the base that killed a US soldier and destroyed an E-3 AWACS, and strikes on Saudi refineries. The Houthi advance on Bab el-Mandeb and Thursday's hit on the East-West pipeline are that war's downstream effect, and they are landing on Saudi Arabia alone. Behind the directive is also capacity, with the Pentagon's own commanders having filed formal objections to extending the Iran war, calling it unsustainable, and US officials saying Patriot and long-range missile stockpiles are catastrophically low, leaving nothing spare to defend Saudi oil infrastructure from the retaliation a Houthi campaign would bring. A Houthi front would draw on the same magazines already being emptied over Jordan and the Gulf.

Central Bank Digital Currency Experiments: Progress Report on the Pilot Program (June 2026) boj.or.jp/en/paym/digital/di…

ETH has formed a bull flag. Break above $2,550 and it'll SEND straight to $3K Got it?

Rumor mill saying the SEC is getting ready to make its biggest ruling on tokenization yet with an innovation exemption relief allowing tokenized securities to trade solely with a transfer agent. No broker dealer license and no exchange rules for US retail and foreign investors is what we’ve heard. Would be massive for onchain finance.

Fresh paint

BREAKING: OpenAI, Anthropic, Google, & more than 100 others sign letter warning that AI-enabled cyberattacks are about to become "far more widespread & sophisticated."

BREAKING: US Treasury Secretary Bessent announces the US is launching "the single greatest financial offensive ever marshalled against an adversary" against Iran, per FT. Bessent implies the US will directly target China and Gulf states, saying "any nation that serves as a financial artery of a withering regime should expect to share in its isolation" and that any country that keeps doing business with Iran will become a "global pariah." Iran already warned all Gulf countries not to join the US in the economic war and "any country that takes part in imposing economic restrictions on Iran will be regarded as an enemy." Gulf states will have an impossible choice to make.