Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,003 posts
Turkey liquidated nearly 89% of its U.S. Treasury holdings in a single month, recorded $13.98B in net sales per official TIC data, locked in $9B in new Russian nuclear financing, a…
The Treasury auctioned $139 billion across two tenors on July 27, and the results could not have been more different: a near-perfect 2-year and a historically weak 5-year that deal…
New York AG Letitia James submitted testimony to the Senate Banking Committee warning the CLARITY Act would preempt state fraud enforcement ahead of a floor vote requiring 60 votes…
Stand With Crypto announced July 27 it will permanently record each senator's CLARITY Act vote on its public lawmaker scorecards, putting the results in front of 3 million advocate…
A US LUCAS kamikaze drone reportedly recovered by Iranian fishermen in the Strait of Hormuz may hand adversaries an intact look at the platform behind the Pentagon's 243-fold drone…
Seven Senate Democrats rejected the CLARITY Act's July 22 draft, and Senate Majority Leader Thune says it won't pass before the August recess. River data published July 7 shows 49.…
Strategy launched five new bitcoin-native metrics on July 24, replacing the mNAV framework with Net BTC Per Share and BTC Hurdle ARR, forcing institutional analysts to model the co…
Poolin Technology filed Chapter 11 in New Jersey on July 22, 2026, with up to $163M in debt against $1M, $10M in scheduled assets. A $52M stalking-horse bid for two West Texas mine…
Goldman Sachs CEO David Solomon endorsed the CLARITY Act in a Politico interview, widening a Wall Street fault line with JPMorgan's Jamie Dimon as Senate Republicans race a hard Au…
Kazakhstan's Government Resolution No. 638 mandates that qualifying miners transfer 10% of mined digital assets monthly to a state fund, which routes coins into a National Strategi…
Bulgaria's parliament voted 136-13 on July 22 to host 8 US KC-135 refueling tankers and 250 troops at Bezmer Air Base through October 1, defying an Iranian warning that Sofia would…
Shanghai-based Zhibao Technology signed a non-binding term sheet to accept ~3,500 BTC (~$220M) via PIPE financing, seating bitcoin on its balance sheet from day one while the buyer…
The SEC formally proposed letting public companies halve their disclosure cadence on May 5, 2026. More than 200,000 comments poured in, 99% opposed. The agency is expected to proce…
Israeli Finance Minister Bezalel Smotrich told a conference audience on July 22 that the US fighting Iran while Israel sits out is 'the best situation for us.' Eighteen American so…
War-risk insurance premiums for Strait of Hormuz tanker transits have surged roughly 1,900%, from ~0.25% to ~5% of hull value. A $100M tanker now faces a ~$5M insurance bill for a…
The Trump administration drafted a civil nuclear cooperation agreement allowing Saudi Arabia to enrich uranium domestically without IAEA Additional Protocol oversight, replacing st…
Russia's State Duma is scheduled to pass its first comprehensive crypto law on July 21. The bill legalizes crypto for cross-border trade settlements explicitly to route around West…
B HODL Plc's share buyback programme generated 24% more gross sats per share per pound than an equivalent open-market Bitcoin purchase, demonstrating in practice that retiring equi…
Strive filed an 8-K showing 21 BTC purchased at ~$63,221, roughly 33% below its blended cost basis of ~$94,761. Treasury stands at 19,921 BTC; cash rose to $157.4M. The preferred e…
US spot Bitcoin ETFs logged two consecutive weeks of inflows totaling $273M, but CryptoQuant data shows Binance and Bybit shed nearly $2.3B in stablecoin reserves over the same 30-…
The Commoner
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