Bitcoin Brief
The Banks Are Watching the Plumbing Break
Fourteen banks published 1,598 reports this week. Treasuries sold off during a war. Dubai RE cratered 32%. Bitcoin broke $73K. The safe haven playbook is broken.
Fourteen banks published 1,598 reports this week. Treasuries sold off during a war. Dubai RE cratered 32%. Bitcoin broke $73K. The safe haven playbook is broken.
Iran escalates to targeting Big Tech data centers. CPI looks calm while Treasury suppresses oil prices. The fertilizer supply chain is severed. Bitcoin's distributed design has never been more relevant.
The SDNY wants to retry Roman Storm after a hung jury. Treasury pushes Patriot Act framework for digital assets. Iran war breaks Asian supply chains. NRC approves first new nuclear reactor design in 52 years.
Refineries across six countries hit by strikes as Strait of Hormuz closes. WTI spikes 28% to $116. G7 considers 400M barrel SPR release that covers just 4-5 days of lost supply. Bitcoin holds $67K.
Blackstone raided its own balance sheet to cover record $3.8B in redemptions. Blue Owl froze withdrawals. PE stocks down 25-61%. Steve Eisman and forensic accountant Tom Gober say the insurance industry is the missing piece of the next financial crisis.
Declassified documents link U.S. bioweapons programs to the Lyme disease epidemic. 282,800 radioactive ticks released across Virginia. Plum Island just 13 miles from Lyme, CT. Plus Strike BLOC, Keonne Rodriguez from prison, and Robert Maxwell's destruction of science.
When frontier AI models choose their own money, 79.1% pick Bitcoin for long-term storage. Plus: CFTC fast-tracks perpetual futures, Kraken secures first-ever crypto Fed master account, and the Strait of Hormuz insurance freeze threatens 20% of global energy.
Qatar's LNG halt after Iranian drone strikes threatens 21% of global helium supply. China imports 95% of its helium, with 90% from Qatar. The US controls 51% of remaining reserves. A non-substitutable input to chip fabrication just became a geopolitical weapon.
