๐บ๐ธ treasury secretary scott bessent says the expansion of the u.s. treasuryโs bond buybacks was designed to calm the โfrenzyโ in the bond market โ not to replicate the fedโs quantitative easing.
the distinction matters: this is about market liquidity and stability, not a new round of monetary stimulus.
markets, however, are still watching closely as treasury yields remain elevated.
this is a real structural shift, not a headline blip. if data centers keep winning the power allocation fight, expect more miners to pivot into hosting ai compute themselves instead of fighting for grid access
@StockSavvyShay "we don't control what happens to our stock once it's public" said the ceo of a company that built an entire business around what happens to stocks once they're public
@KobeissiLetter "position yourself accordingly" is doing a lot of quiet main character energy at the end there"position yourself accordingly" is doing a lot of quiet main character energy at the end there...
@DeItaone bessent's framing that this is about liquidity, not valuation, is important context but the market read it as an intervention signal anyway and still sold off.
fr only 30% of people can correctly answer three basic questions about compound interest, inflation and risk, per the actual national financial literacy survey researchers use. most of wall street's content industry exists specifically because of that gap
the pairing here matters, treasury and omb working together usually means this touches both revenue and spending sides, not just budget trimming. worth watching what actually gets proposed versus what gets watered down before it's public
U.S. ๐บ๐ธ Treasury Secretary Scott Bessent says he and OMB Director Russ Vought are preparing a fiscal consolidation plan to reduce the federal deficit. Bessent has separately confirmed that work on the package is underway
@Cointelegraph every crypto company racing for a bank charter right now is quietly admitting the "decentralized alternative to banks" pitch was never the actual endgame, being the bank was
@animeupdates friday leading at $1.22m then dropping steadily each day is a normal opening-weekend curve, the real test is whether it holds through a second weekend once the day-one hardcore fans have already gone
@coinbureau jack dorsey's block filing with the occ for "builders bank" to custody bitcoin and stablecoins under federal supervision. crypto going straight for a national bank charter now, not around it
no trading today means whatever moved friday is still the story until tomorrow's open. worth using the gap to actually read into last week's moves instead of reacting to a new headline every hour
"ai-powered enforcement" paired with cross-platform deals with youtube, meta and google means this isn't just takedown notices anymore, it's automated detection at scale. anime piracy is about to get a lot harder to get away with...
Crunchyroll increases anti-piracy efforts as it looks to hire a "Vice President of Content Protection & Anti-Piracy"
The role will lead its global strategy, oversee AI-powered enforcement to track pirated content, and work with platforms like YouTube, Meta, and Google to combat anime infringement
coinbase and kucoin posting the strongest gains here lines up with the broader crypto rally this month, volume tends to follow price and this is that playing out in real time
๐ฅ JUST IN: Spot CEX trading volume rose 15% in August to $811 billion, rebounding from Julyโs two-year low as Coinbase and KuCoin posted the strongest gains.
@CoinMarketCap crypto spent years promising 24/7 settlement and citi just casually did it on a random weekend without a single tweet thread about disruption
tried google's antigravity this week, the new coding agent that replaced gemini cli. multi-agent stuff, up to eight agents running at once basically. genuinely good. also mildly upsetting how the tool i learned six months ago is already "the old one" now