Square just auto-enabled Lightning for 4 million merchants. Tether funded Ark Labs. Lightning hit $1.17B monthly volume. A 4nm mining chip taped out. The Fed held rates on $39T in debt. The builders aren't waiting.
The Strait of Hormuz has been closed for 19 days, fracturing oil into a two-tier market. Dubai crude hit $152 while WTI sits at $94. An Indian tanker paid in yuan for safe passage. The petrodollar is cracking in real time.
Medi-Cal spending doubled to $222 billion. Nick Shirley went door to door in LA and San Diego visiting facilities billing millions. Most were empty. Plus: yields climbing, private credit imploding, and El Salvador positioning as the new Dubai.
AI deepfakes have made it impossible to prove anything is real. Meanwhile, a $96 3D-printed missile system proves the cost of power is collapsing to zero. The age of the sovereign individual is here.
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.