The CLARITY Act markup is Thursday. The FOP, a former AG, banking lobbyists, and 100+ Senate amendments are all targeting Section 604, the provision protecting open-source developers from prosecution.
Section 604 of the CLARITY Act promises developer safe harbor from money transmitter laws. But subsection (d) preserves the exact criminal statute that put Samourai Wallet's Keonne Rodriguez in prison. Lauren Rodriguez spotted the loophole.
Balchunas data: individuals sold 750K BTC in 16 months while ETFs shed only 8% through a 50% drawdown. Goldman and BlackRock filing Bitcoin income ETFs. The brokerage fee war begins.
Three dead on a quarantined cruise ship. 40% fatality rate. Zero approved treatments. A Nobel Prize-winning drug with documented antiviral properties sits unused. Plus: US-Iran deal framework, Utah's self-sovereign ID law goes live, Gundlach torches private credit at Milken.
UK 30yr gilts hit 5.78%, highest since 1998, 80bps above Truss crisis. Global sovereign bonds reprice as central banks pivot from cuts to hikes. Energy shock from Hormuz forces inflation higher just as governments need to refinance trillions.
UAE exits OPEC as Trump's Project Freedom triggers direct combat at Hormuz. Brent hits $114. Meanwhile, bitcoin positioning is the lightest in months, private credit cracks at 78 cents on the dollar, and Coinbase cuts 700 jobs while blaming AI.
Oshi analyzed 40,000+ customers across 7 merchants and found Bitcoin loyalty members spend 3x more with 66% repeat rates. Every $1 in BTC rewards returns $10+. Plus BTC breaks $80K, Enclavia TEEs, and the Clarity Act.
Cashu creator Calle announces non-custodial ecash mints via hardware enclaves. Plus: Taiwan BTC reserve paper, Brent at $126, BOJ hawkish split, private credit exodus.
The CLARITY Act markup is Thursday. The FOP, a former AG, banking lobbyists, and 100+ Senate amendments are all targeting Section 604, the provision protecting open-source developers from prosecution.
Section 604 of the CLARITY Act promises developer safe harbor from money transmitter laws. But subsection (d) preserves the exact criminal statute that put Samourai Wallet's Keonne Rodriguez in prison. Lauren Rodriguez spotted the loophole.
Balchunas data: individuals sold 750K BTC in 16 months while ETFs shed only 8% through a 50% drawdown. Goldman and BlackRock filing Bitcoin income ETFs. The brokerage fee war begins.
Three dead on a quarantined cruise ship. 40% fatality rate. Zero approved treatments. A Nobel Prize-winning drug with documented antiviral properties sits unused. Plus: US-Iran deal framework, Utah's self-sovereign ID law goes live, Gundlach torches private credit at Milken.
UK 30yr gilts hit 5.78%, highest since 1998, 80bps above Truss crisis. Global sovereign bonds reprice as central banks pivot from cuts to hikes. Energy shock from Hormuz forces inflation higher just as governments need to refinance trillions.
UAE exits OPEC as Trump's Project Freedom triggers direct combat at Hormuz. Brent hits $114. Meanwhile, bitcoin positioning is the lightest in months, private credit cracks at 78 cents on the dollar, and Coinbase cuts 700 jobs while blaming AI.
Oshi analyzed 40,000+ customers across 7 merchants and found Bitcoin loyalty members spend 3x more with 66% repeat rates. Every $1 in BTC rewards returns $10+. Plus BTC breaks $80K, Enclavia TEEs, and the Clarity Act.
Cashu creator Calle announces non-custodial ecash mints via hardware enclaves. Plus: Taiwan BTC reserve paper, Brent at $126, BOJ hawkish split, private credit exodus.
Block hits 800K merchants accepting bitcoin. Aven launches BTC-backed credit up to $1M. Acting AG Blanche: no more regulating by prosecution. Plus the Musk v. Altman trial begins.
Bitcoin follows a power law with a 96% R-squared fit over seven years. Traditional markets grow exponentially at 7-10% per year. At some point, these two curves cross. Matthew Mezinskis calls this the essential singularity.
Tether froze $344M in USDT on Tron in coordination with OFAC. BlackRock adds $900M in BTC. BOJ studies US private credit contagion. UK courts approve nationwide facial recognition.
Bitcoin is up 22% since the Iran war started. Bears are paying 6% annualized to stay short. Funding rates have been negative for 46 straight days. This is the most hated rally in Bitcoin history.
Arbitrum's Security Council unilaterally froze $90M in stolen ETH overnight, proving DeFi is decentralized in name only. Plus: BlackRock gates a $26B fund, Bitcoin Core v31.0 ships, and Warsh faces the Senate.
A $292M bridge exploit at Kelp DAO cascaded into $13 billion in DeFi withdrawals, $196M in Aave bad debt, and frozen markets across a dozen protocols. Bitcoin's simplicity is the feature.
