Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,003 posts
Argentina contracted its money supply and broke an entrenched inflation spiral in two years. Germany, once the Bundesbank's pride, is watching its CPI drift back above 2.8% with th…
The U.S. Treasury doubled its per-operation buyback cap on long-dated Treasuries from $2B to at least $4B on August 19, two weeks after publishing a schedule that showed the old li…
Zhibao Technology (Nasdaq: ZBAO) closed a $154.7 million PIPE on August 17, 2026, adding 2,380 BTC to its corporate treasury. The entire purchase price was paid in bitcoin by a syn…
A Ninth Circuit panel ruled on August 10 that Section 230 shields platforms from liability but not from being sued, forcing every operator hosting user speech through costly discov…
Abu Dhabi suspended all trade and financial transactions with Iran on Aug. 19 after detecting two ballistic missiles over Gulf waters. The 30-year Treasury yield touched 5.32%, sem…
Metaplanet is investing 2,100 BTC and $2.5M cash into Super League Enterprise, which will be renamed Superplanet (ticker: SUPA) and become Metaplanet's U.S. Bitcoin treasury platfo…
Trump posted a map of the Strait of Hormuz labeled 'New US Territory' on August 18, the same day an outbound tanker was struck by a projectile and the US confirmed no Iran talks ar…
Bank of America's Q2 2026 13F shows the second-largest U.S. bank cut its Strategy stake by approximately 70% while raising IBIT holdings 77%. The rotation is a direct data point on…
Jane Street's Q2 2026 Form 13F discloses $990M in spot Bitcoin ETF holdings, with $828M concentrated in BlackRock's IBIT. The position reflects the ETF wrapper's structural plumbin…
Bitcoin held above $64,000 and treasury stocks surged Monday while equities sold off, as Trump threatened to bomb Oman and the 60-day U.S.-Iran negotiating window closed without a…
Glassnode's 'Trigger Happy' Week 32 report confirms bitcoin is trading near half its October 2025 peak while AI-driven equities absorb the exact debasement-fear capital bitcoin sho…
Bitcoin futures open interest sits near $48B against $25B in daily futures volume and $12.55B in spot. Glassnode's Week 32 report warns the mismatch is mechanical: when liquidation…
JPMorgan Chase launched a program allowing institutional clients to pledge Bitcoin as loan collateral. The bank that called Bitcoin a fraud is now using it as a credit instrument.…
Harvard Management Company's Q2 2026 13F shows zero IBIT shares sold or added for the first time since the endowment's peak $443M position in Q3 2025. The trimming cycle is done.
Edelman Financial Engines, the $326B RIA serving 1.3 million retail clients, disclosed a $34M spot Bitcoin ETF position in its Q2 2026 13F, split between IBIT and GBTC, and now lar…
Three oil tankers hijacked in the Gulf of Aden and off Puntland between April and July 2026, the biggest Somali piracy surge in years, driven directly by Hormuz rerouting flooding…
Russian PM Mikhail Mishustin signed Decree No. 936 banning all Bitcoin mining and pool participation in Moscow, Moscow Oblast, and parts of Kursk Oblast from August 15, 2026 throug…
Tudor Investment's Q2 2026 13F shows the firm added 109,446 IBIT shares while slashing call-equivalent exposure by roughly 85%, a rotation from tactical optionality toward committe…
Norway's NBIM holds a record 11,549 BTC equivalent via Strategy and other equity stakes. Abu Dhabi's Mubadala has added to its BlackRock IBIT position every quarter since Q4 2024.…
Mubadala Investment Company and ADIC's Al Warda Investments held a combined ~$882M in BlackRock's IBIT at Q1 2026 quarter-end prices, per SEC 13F filings. Mubadala has added shares…
The Commoner
Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
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