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  • Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys
    by Gino Matos on June 12, 2025 at 12:00 am

    Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of The post Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys […]

  • GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions
    by Assad Jafri on June 11, 2025 at 10:30 pm

    GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the The post GameStop’s plan to raise another $1.75B fuels speculation of […]

  • Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act
    by Gino Matos on June 11, 2025 at 9:33 pm

    Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank The post Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS […]

  • Bitcoin dips as Trump finalizes tariff deals with China
    by Gino Matos on June 11, 2025 at 8:44 pm

    Bitcoin (BTC) and the wider market experienced a minor pullback after President Donald Trump announced the finalization of a new tariff arrangement with China, pending a formal sign-off by him and President Xi Jinping. Trump announced on Truth Social that the accord grants the US “55% tariffs” on Chinese goods, versus 10% levied on US The post Bitcoin dips as Trump finalizes tariff deals with China appeared first on CryptoSlate.

  • Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage
    by Gino Matos on June 11, 2025 at 8:10 pm

    The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending the filibuster option and moving the bill toward a final floor vote that will require a simple majority. Majority Leader John Thune, who controls the chamber’s schedule, started the 30-hour post-cloture clock The post Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage […]

  • World Chain and Circle join forces to strengthen identity-driven finance with native USDC
    by Assad Jafri on June 11, 2025 at 7:00 pm

    World Chain has integrated native USD Coin (USDC) and Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2), marking a significant partnership between the biometric identity blockchain and one of the largest regulated stablecoin issuers in the world. The upgrade replaces bridged USDC with native issuance on World Chain, while retaining the same smart contract address, allowing The post World Chain and Circle join forces to strengthen […]

  • Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition
    by Oluwapelumi Adejumo on June 11, 2025 at 6:15 pm

    Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial The post Interactive Strength to launch AI-driven crypto treasury with […]

  • Bitcoin hashrate up 40% this year as miners keep scaling
    by Andjela Radmilac on June 11, 2025 at 5:45 pm

    Bitcoin’s network difficulty remains pinned at a record 127 T following its most recent adjustment on May 31, yet the underlying hashrate continues to push higher. As of June 10, the average seven-day hashrate is roughly 901 EH/s, with several daily prints brushing against 920 EH/s. This suggests a persistent mismatch between the protocol’s two-week The post Bitcoin hashrate up 40% this year as miners keep scaling appeared first on […]

  • Ethereum open interest hits all-time high as price rises to 4-month high
    by Oluwapelumi Adejumo on June 11, 2025 at 5:00 pm

    Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February. The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move. On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, The post Ethereum open interest hits all-time high as price rises to 4-month high appeared […]

  • Polygon’s governance revamp to focus on stablecoin payments and AggLayer
    by Oluwapelumi Adejumo on June 11, 2025 at 4:00 pm

    Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full The post Polygon’s governance revamp to focus on stablecoin payments and AggLayer appeared first on […]

  • A Message To Georgians: America Will Not Protect You
    by Tyler Durden on June 12, 2025 at 7:30 am

    A Message To Georgians: America Will Not Protect You By Libertarian Institute Director Scott Horton A speech to the Tbilisi Summer Forum on June 6, 2025 [emphasis ZH]… No offense, but Georgia’s interests are just none of my affair. It’s such a long way from here. I know my government has been messing around there since the 1990s, picking winners and losers, making big promises and causing lots of trouble. Keeping […]

  • Russia Won’t End Ukraine War Until NATO Pulls Forces Out Of Eastern Flank
    by Tyler Durden on June 12, 2025 at 6:45 am

    Russia Won’t End Ukraine War Until NATO Pulls Forces Out Of Eastern Flank A top Kremlin official was quoted in Newsweek this week warning that Russia won’t end the Ukraine war until NATO pulls its troops out of the Baltic and ‘eastern flank’ states. Russia’s Deputy Foreign Minister Sergei Ryabkov demanded that NATO must withdraw its troops from the Baltic region. Russia has long seen the Baltics as very near, and its sphere of […]

  • Hungary Sues European Commission Over €1 Million-A-Day Migrant Fine
    by Tyler Durden on June 12, 2025 at 6:00 am

    Hungary Sues European Commission Over €1 Million-A-Day Migrant Fine Authored by Thomas Brooke via Remix News, The Hungarian government has launched a legal challenge against the European Commission’s decision to impose a daily €1 million fine over the country’s refusal to accept illegal migrants. György Bakondi, the chief security advisor to Prime Minister Viktor Orbán, announced on Wednesday that Budapest will file a […]

  • Escobar: How To Fact-Check Techno-Feudalism
    by Tyler Durden on June 12, 2025 at 3:05 am

    Escobar: How To Fact-Check Techno-Feudalism Authored by Pepe Escobar, The Global Digital Forum last week in delightful Nizhny Novgorod represented a landmark in the quest for a more equitable media landscape across the whole Global South. Pride of place was taken by a new ambitious association, the Global Fact-Checking Network (GFCN). The last session of the forum was focused essentially on how to fight all the toxic […]

  • Oklo Shares Surge 29% After DOD Contract To Power Air Force Base
    by Tyler Durden on June 12, 2025 at 2:40 am

    Oklo Shares Surge 29% After DOD Contract To Power Air Force Base Oklo is starting to develop a real knack for catching short sellers offsides… In what is one of what we believe will be many similar announcements, Oklo shares surged 29% on Wednesday after the company was named the intended awardee for a Department of Defense project to deliver clean energy to Eielson Air Force Base in Alaska. The Defense Logistics Agency Energy […]

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  • How Much Higher Can Platinum Go: “It Feels Like Someone Is Loading Up On A Flat Price Position”
    by Tyler Durden on June 12, 2025 at 2:09 am

    How Much Higher Can Platinum Go: “It Feels Like Someone Is Loading Up On A Flat Price Position” Yesterday, in “What’s Behind The Recent Surge In Platinum, And Will It Continue”, we not only explained in detail what is going on both at the technical and fundamental level, but also answered in the affiramtive and why – yes, it the surge will continue. One day later the surge has indeed continued, and having decisively broken $1200 […]

  • Rubber Futures Plunge In Response To BYD Price Cuts
    by Tyler Durden on June 12, 2025 at 1:50 am

    Rubber Futures Plunge In Response To BYD Price Cuts Prices of natural rubber have fallen in response to Chinese electric vehicle manufacturer BYD’s significant price cuts fueling fears of a price war that could hurt tire prices, according to Nikkei. “Price cuts by BYD, the largest manufacturer, ‘have spread concerns that a full-scale price war may begin,’” said Marketedge CEO Tsutomu Kosuge. Tires consume roughly 70% of […]

  • A Timeline Of The Immigration Crisis
    by Tyler Durden on June 12, 2025 at 1:25 am

    A Timeline Of The Immigration Crisis Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), With so much else going on, not enough writers have been able to focus on the complexities of immigration issues enough to comment competently on them, much less with a historical perspective. A general view of the wall that separates the U.S. with Mexico in the San Isydro-Tijuana area on March 8, 2006. Hector Mata/AFP via Getty […]

  • “Another Reason To Leave”: Top Maryland Power Official Warns Of Regular Rolling Blackouts
    by Tyler Durden on June 12, 2025 at 1:00 am

    “Another Reason To Leave”: Top Maryland Power Official Warns Of Regular Rolling Blackouts Democratic lawmakers in Annapolis—more focused on Marxist reparations schemes to fleece taxpayers, taxing the hell out of Marylanders, having margaritas with migrants, diverting public funds to illegal aliens, pushing radical woke agendas, attempting to install condom machines in elementary schools, and focusing on de-growth policies to […]

  • LA More Than An Insurrection, “It’s A Bolshevik-Style Revolution” Driven By Foreign Money
    by Tyler Durden on June 12, 2025 at 12:35 am

    LA More Than An Insurrection, “It’s A Bolshevik-Style Revolution” Driven By Foreign Money Via Greg Hunter’s USAWatchdog.com, Renowned attorney Larry Klayman predicted on USAWatchdog months ago that there would be full-blown, legal civil war happening in the court system.   With 272 cases and counting filed against the Trump Administration, that prediction has proven spot-on.   Klayman also predicted months ago that […]

  • China Resumes U.S. Propane Imports, Easing Fears Of Plastic Plant Shutdowns
    by Tyler Durden on June 12, 2025 at 12:10 am

    China Resumes U.S. Propane Imports, Easing Fears Of Plastic Plant Shutdowns In April, we warned that the U.S.-China trade war was pushing the global economy toward a breaking point, particularly in one critical area: the plastics supply chain. Chinese Plastics Factories Face Mass Closure As U.S. Ethane Supply Evaporates U.S. Propane Tanker Diverts Chinese Port Call In Latest Warning Sign For China’s Plastic Factories Fast […]

  • Democrats Ambush Hegseth Over Trump’s LA Troop Deployment… Instantly Regret It
    by Tyler Durden on June 11, 2025 at 11:45 pm

    Democrats Ambush Hegseth Over Trump’s LA Troop Deployment… Instantly Regret It Via The Vigilant Fox and Overton, What started as a routine budget hearing in D.C. turned tense the moment Defense Secretary Pete Hegseth arrived. He had just authorized troop deployments to riot-hit Los Angeles, and Democrats were ready to pounce. The hearing was billed as a routine discussion on defense appropriations. But the moment Defense […]

  • Huawei CEO Accuses U.S. Over Overstating Its Chipmaking Capabilities
    by Tyler Durden on June 11, 2025 at 11:20 pm

    Huawei CEO Accuses U.S. Over Overstating Its Chipmaking Capabilities In an interview with China’s state-run People’s Daily, Huawei’s founder, Ren Zhengfei, downplayed his company’s chip technology and accused the US of overstating its capabilities as trade talks between Washington and Beijing continue, according to FT. Ren said Huawei’s Ascend chip, China’s main alternative to Nvidia, “still lags behind the US by one […]

  • Foreign Nationals Charged With Intent To Distribute $5.5 Million In Methamphetamine
    by Tyler Durden on June 11, 2025 at 10:55 pm

    Foreign Nationals Charged With Intent To Distribute $5.5 Million In Methamphetamine Authored by Kimberly Hayek via The Epoch Times (emphasis ours), Federal authorities in Southern California filed a complaint charging three foreign nationals with conspiring to distribute nearly four tons of methamphetamine, the U.S. Attorney’s Office said in a June 5 statement. Suspected methamphetamine allegedly discovered in San Diego County, […]

  • California Public Schools Are Losing Kids While Special Interests Profit
    by Tyler Durden on June 11, 2025 at 10:30 pm

    California Public Schools Are Losing Kids While Special Interests Profit New numbers from the California Department of Education show a continued drop in public school enrollment in the 2024–2025 school year. Despite fewer students, TK-12 education spending continues to increase, begging the question of whether taxpayers are getting value for money. The 5.8 million students counted for the just-concluded school year represents a […]

  • House Passes Bill To Remove Noncitizen Voting In District Of Columbia
    by Tyler Durden on June 11, 2025 at 10:05 pm

    House Passes Bill To Remove Noncitizen Voting In District Of Columbia Authored by Jackson Richman via The Epoch Times, The House of Representatives passed two bills on June 10 to repeal District of Columbia laws on policing and noncitizen voting. The first would prohibit noncitizens from voting in local District of Columbia elections. It passed with 266 members voting in favor of it, 148 voting against, and one member voting […]

  • Zelensky’s Refusal To Compromise Will Lead To More Territorial Losses: Russian Negotiator
    by Tyler Durden on June 11, 2025 at 9:40 pm

    Zelensky’s Refusal To Compromise Will Lead To More Territorial Losses: Russian Negotiator While this should come as no surprise to observers of the Russia-Ukraine war, the Kremlin has put Kiev on notice that its continued unwillingness to compromise at the negotiating table will only lead to more and permanent territorial losses. This was the latest warning conveyed by Russian Presidential Aide Vladimir Medinsky, who has been […]

  • Tribalism, Neo-Feudalism And The Vise Of Technology In The Age Of Hyper-Acceleration
    by Tyler Durden on June 11, 2025 at 9:15 pm

    Tribalism, Neo-Feudalism And The Vise Of Technology In The Age Of Hyper-Acceleration Authored by Mark E. Jeftovic via bombthrower.com, “In the future there will be only one occupation: managing one’s wealth. …and most people are going to be unemployed.”— Mark E. Jeftovic, ‘The Great Bifurcation’ It’s been a minute since I last wrote anything here, owing to a combination of a slightly heavier than usual travel […]

  • Inflation Highest In Democrat States, Lowest In Republican Deep South
    by Tyler Durden on June 11, 2025 at 9:15 pm

    Inflation Highest In Democrat States, Lowest In Republican Deep South For much of 2025 we have been mocking the University of Michigan survey, and especially its short and long-term inflation expectation question, for the simple reason that the divergence between republican and democrat respondents is no longer merely grotesque but is a caricature of Goebbelsian propaganda, meant to spark fear that runaway inflation is coming and […]

  • Musk Spoke With Trump Before Public ‘Regret’ Post On X: Report
    by Tyler Durden on June 11, 2025 at 8:55 pm

    Musk Spoke With Trump Before Public ‘Regret’ Post On X: Report Update (1400ET): Following the Wall Street Journal’s report on Musk-Trump tensions easing. The New York Times further explains that Musk called President Trump late Monday night to apologize for last week’s X posts, following private discussions with Vice President JD Vance and White House Chief of Staff Susie Wiles about brokering a truce on Friday.  The outreach […]

  • ‘All US Bases Within Our Reach’: Iran Responds To Threats From Washington
    by Tyler Durden on June 11, 2025 at 8:50 pm

    ‘All US Bases Within Our Reach’: Iran Responds To Threats From Washington Via The Cradle Iran’s Defense Minister Aziz Nasirzadeh said Wednesday that Tehran will strike US military bases in the region if nuclear talks fail and Washington decides to launch an attack on the Islamic Republic.  “Some officials on the other side threaten conflict if negotiations don’t come to fruition. If a conflict is imposed on us… all US bases […]

  • US On High Alert In Anticipation Of Potential Israeli Strike On Iran, WaPo Reports
    by Tyler Durden on June 11, 2025 at 8:40 pm

    US On High Alert In Anticipation Of Potential Israeli Strike On Iran, WaPo Reports Is something brewing amid US-Iran tensions, given the stalled nuclear negotiations and ratcheting accusations, demands, and counter-demands?  The State Department has ordered all embassies within striking distance of Iranian assets – including missions in the Middle East but also Eastern Europe and Northern Africa – to convene emergency action […]

  • Your New Life Of Driverless Cars
    by Tyler Durden on June 11, 2025 at 8:25 pm

    Your New Life Of Driverless Cars Authored by Jeffrey Tucker via The Epoch Times, If you live in Northern California, you know this already. In a few years, driverless cars will be everywhere. You will likely use them if you travel to the city. If you live in a town of any substantial size, you or someone you know will likely use them. The numbers on the increase where they are currently permitted are simply amazing. In less than […]

  • US Collected A Record $22BN In Tariffs In May… Which Was Just 3% Of Total Government Spending
    by Tyler Durden on June 11, 2025 at 7:47 pm

    US Collected A Record $22BN In Tariffs In May… Which Was Just 3% Of Total Government Spending First the good news. One month after April recorded the second biggest budget surplus on record (at $258BN), a total which was boosted by generous customs duties collected as a result of Trump’s aggressive tariff and trade war escalation, in May the amount of tariff receipts was off the charts, soaring to a record $22.2 billion… … […]

  • Abbott Deploys National Guard To San Antonio Ahead Of Wednesday Night ICE Protest
    by Tyler Durden on June 11, 2025 at 7:20 pm

    Abbott Deploys National Guard To San Antonio Ahead Of Wednesday Night ICE Protest Setting himself in stark contrast to California Gov. Gavin Newsom, Texas Gov. Greg Abbott has ordered a contingent of National Guard soldiers to San Antonio ahead of protests against the apprehensions of illegal aliens planned for Wednesday night and Saturday.   “Peaceful protests are part of the fabric of our nation, but Texas will not tolerate the […]

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