Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,003 posts
Texas manufacturers posted their strongest production reading since July 2021 in September while the company outlook index collapsed 55% in a single month. The Dallas Fed data expo…
President Tokayev's July 2026 decree creates a legal path for oil producers to sell waste gas directly to Bitcoin miners at below-market prices, bypassing Kazakhstan's national gri…
The DOE handed $900M each to Centrus, General Matter, and Orano to rebuild US uranium enrichment capacity before the 2028 Russian import waiver deadline. One recipient is promising…
In her penultimate week as SEC commissioner, Hester Peirce delivered the most credible institutional endorsement yet of data-minimization as a regulatory principle, and the SEC's o…
The House Financial Services Committee voted 28-21 on September 16 to advance ARMA (H.R. 8957), the first Strategic Bitcoin Reserve bill to clear a full House committee. The bill l…
SEC Commissioner Hester Peirce announced her October 2 resignation on September 25, dropping the agency to two commissioners with no nominated successor and no dissenting voice rem…
Brazil's central bank issued Resolutions 588 and 589 on September 24, requiring licensed exchanges to report all self-custody wallet transfers at or above $10,000 to the country's…
The Federal Reserve proposed two rules on September 24 to implement the GENIUS Act, requiring 1:1 reserves, 2-day redemption windows, and forced liquidation for undercapitalized st…
Strive CEO Matt Cole told Bloomberg Crypto on September 23 that the Bitcoin treasury model never broke, BTC reaches $500K by 2030 on a 50% CAGR, and the dollar, not Bitcoin, absorb…
Saudi Aramco CEO Amin Nasser confirmed in Tokyo on September 24 that Aramco is conducting engineering and feasibility work on a fourth and fifth crude export route, a capital-alloc…
Federal ethics disclosures show President Trump's managed accounts bought Strategy Inc. shares at 2026 lows in late July, while Strategy itself had paused Bitcoin purchases. MSTR h…
SEC Commissioner Mark Uyeda confirmed on the record that the agency dismissed at least a dozen Gensler-era crypto enforcement cases because litigating a '180-degree' policy reversa…
The US Treasury's $70 billion 5-year note auction on September 23, 2026 priced at 5.033%, producing the second-largest tail on record and the weakest bid-to-cover since December 20…
CoinRoutes co-founder Dave Weisberger argues the Basel 1,250% risk weight, forcing banks to hold capital dollar-for-dollar against Bitcoin, is the structural gate that institutiona…
BitGo CEO Mike Belshe argues the K-shaped economy is arithmetic, not accident: a 1968-era settlement system that limits asset-backed borrowing to the wealthy, supercharged by dolla…
Four decade-old Bitcoin wallets moved 1,971 BTC (~$161M) between Sept. 6 and Sept. 22, per Galaxy Research. Three carry Noah Doe lawsuit tags, linking the moves to a New York aband…
Chicago Fed President Austan Goolsbee warned in London on September 21 that geopolitically-driven supply shocks have rendered the Fed's standard playbook obsolete, and that bringin…
Russia's digital ruble went live September 1, 2026, with mandatory acceptance across major banks and retailers. Bitcoin payments remain illegal for ordinary citizens while the Krem…
The AAA national diesel average hit $6.51/gallon on September 21, 2026, a new all-time record roughly 75% above pre-Iran-war levels, as Russia weighs extending its export ban and U…
Strategy's SEC 8-K confirms 845,050 BTC held as of August 30, 2026, more than 4% of Bitcoin's 21 million hard cap, funded by $602.8M in equity proceeds. MSTR surged roughly 16% in…
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Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
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