by Michael
Key TakeawaysArthur Hayes published his “Yen-quake” essay on Substack on August 10.Japan and the GPIF pension fund hold a combined $1.373 trillion in U.S. Treasuries as leverage.The Fed’s FIMA repo facility caps each counterparty at $60 billion, a limit Hayes expects... 
by Michael
Key TakeawaysBlackrock’s Robbie Mitchnick confirmed the $1 million threshold on Bloomberg TV.IBIT drew $479 million in three days as bitcoin ETFs extended a weekly inflow streak past $750 million.The lower bar lets smaller institutions redeem IBIT shares for bitcoin,... 
by Michael
Key TakeawaysFCA talks could bring tokenized gold into U.K. collateral markets as London handles 70% of global trading.HSBC’s $2.2B tokenized gold volume shows blockchain products could reshape bullion settlement.The FCA may issue rules within months as London faces... 
by Michael
Key TakeawaysOn July 27, 2026, an Ohio Lottery player spent $100 on two Millionaire Blowout tickets to win dual prizes.Modern paper lotteries like Ohio’s run 26.75% tax automation and risk engines akin to Big Tech fintech.The winner will allocate $384,562 toward... 
by Michael
Then came the massive capital overhang. Venture funds raised billions during the last cycle, leaving crypto treasuries flush with idle cash. As the market matured, founders ran into a brutal wall, specifically an oversupply of tech primitives and a severe shortage of... Translate »
