LM Funding America announced June 23 it is pivoting its 26 MW of Bitcoin mining infrastructure in Oklahoma and Mississippi toward AI and high-performance computing, ordering initial GPU hardware and marketing up to 10 MW for co-location customers.
The Senate passed the 21st Century ROAD to Housing Act 85-5 on June 22, burying a four-year Federal Reserve CBDC ban inside it. The House votes next. Then Trump's desk. The permissionless carve-out is real. The 2030 sunset is the problem.
Apple is threatening to terminate Craig Raw's developer account by June 30, which would end all new Sparrow Wallet installs on macOS. Meanwhile, central banks are accumulating gold at record pace and the EU's MiCA regulation is crushing crypto businesses.
The CLARITY Act is on the Senate calendar and Lummis is pushing for a floor vote before August recess. The hearings are the backdrop. The ethics provision is the variable that actually decides it.
Chainalysis data shows the economic weight of machine-to-machine payments has shifted decisively toward larger-value transfers on the x402 protocol. The demand for permissionless money rails is proven. The settlement currency is not Bitcoin.
U.S. spot Bitcoin ETFs logged 10 consecutive outflow sessions in May and 13 in June 2026, draining a combined ~$7.2B and flipping year-to-date flows negative for the first time since the products launched in January 2024.
Robert Mitchnick, BlackRock's Managing Director and Head of Digital Assets, told Yahoo Finance on June 22 that fear over U.S. borrowing levels and money-printing risk is now Bitcoin's most important fundamental driver, with the 2026 midterms as his cited re-ignition trigger.
President Trump signed an executive order on June 22, 2026 mandating federal agencies migrate to post-quantum cryptography by Dec. 31, 2030. Bitcoin developers have been building toward that same standard since February.
Sakana AI's Fugu Ultra claims frontier parity the same week the U.S. forced Anthropic offline. Bitcoin miners pivot to AI as hashrate drops. Howell says Warsh will let markets tighten.
Microsoft Threat Intelligence disclosed a clipboard-hijacking worm targeting Bitcoin, Tron, and Monero wallets across Windows machines. It spreads via USB, exfiltrates over Tor, and has been running since at least February 2026.
OFAC's Iran General License X goes beyond cargo clearance to authorize ongoing Iranian oil production through August 21. The sanctions lever Washington just eased is the same mechanism that enforces dollar hegemony globally.
Strategy's latest 8-K shows 520 BTC purchased for $35M while ~$300M of a $335M MSTR share sale was retained as cash, pushing the USD Reserve to $1.4B. The preferred stock credit structure is now actively competing with Bitcoin accumulation for capital.
Attorney Ian Cohen filed a rebuttal on June 19 opposing efforts to lift a court stay in a New York lawsuit targeting 39,069 Bitcoin addresses holding roughly 3.8 million BTC, including wallets linked to Satoshi Nakamoto. A hearing is set for July 14.
Kevin Warsh's debut FOMC meeting held rates steady but flipped the dot plot from projected cuts to projected hikes, killed forward guidance, and revised PCE inflation up to 3.6%. The cheap-money thesis is gone.
By Marty Bent
Austin, TX
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By Marty Bent
Austin, TX
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