by Michael
Key TakeawaysChina cut U.S. debt holdings to $651.1B in April, rattling bond markets as net selling persists.Fed Chair Kevin Warsh kept rates steady, pushing back on Trump’s 1% plan.Global U.S. debt holdings hit $9.35T, next driving Japan’s $1.21T dominance as Canada... 
by Michael
Key TakeawaysResearchers estimate 3.1 million BTC permanently lost as of June 20, 2026.River’s 2025 report found 1.57 million BTC lost in self-custody, mostly before 2020.El Khatib and Legout confirmed only 3,197.61 BTC as provably burned through April 2024. The... 
by Michael
Key TakeawaysGold fell to $4,156 on June 19, its third straight weekly loss amid Fed rate hike bets.Goldman Sachs cut its 2026 gold target to $4,900 from $5,400 on June 13-20 data.Lawrence Lepard says bitcoin could reach $1 million as debt concerns build for years.... 
by Michael
Key TakeawaysElon Musk proposed direct Treasury payments instead of AI equity stakes on June 20, 2026.VT Senator Bernie Sanders’ bill seeks a 50% stock tax on major AI firms to fund a sovereign wealth fund.SpaceX’s IPO pushed Musk’s net worth past $1 trillion days... 
by Michael
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment... 
by Michael
Key TakeawaysNational Business Pension Fund targets 1% crypto allocation worth $1.36 million in FY2026.Fund cuts yen exposure from 80% to 70%, citing the dollar’s weakening reserve status.Japan’s FIEA bill, passed June 11, 2026, could pave the way for crypto... 
by Michael
Key TakeawaysKalshi held early IPO talks with banks, per The Information.Kalshi’s annualized revenue run rate topped $2 billion, tripling since November 2025.Coatue led Kalshi’s $1 billion round in May 2026, lifting its valuation to $22 billion. According to The... 
by Michael
Key TakeawaysAndre Cronje, Michael Kong, David Richardson left Sonic Labs board this week.Sonic’s S token fell 97% from its $1.03 peak, with total value locked (TVL) down to $20 million.Matt Visser becomes CEO, pledging incremental, transparent governance reform. The... 
by Michael
Key TakeawaysTrump warned Iran on June 21 to stop Hezbollah proxies in Lebanon or face harder U.S. strikes.Israeli strikes killed 18 in Lebanon on June 19, the deadliest blow to the MoU since June 17.U.S. and Iranian delegations meet in Switzerland this week for... 
by Michael
Key TakeawaysSaylor’s orange-dot chart renewed attention on Strategy’s multi-year bitcoin accumulation strategy.Strategy holds 846,842 BTC, alongside cash, debt, leverage, and dividend obligations.Market watchers are awaiting another purchase update following Saylor’s... 
by Michael
President Milei Exempts Registered Crypto Exchanges From Argentina’s ‘Cheque Tax’ President Javier Milei has issued an executive order declaring tax exemptions for virtual asset service providers (VASPs) registered in Argentina. The measure aims to increase the... 
by Michael
Key TakeawaysMicrosoft Defender flagged a new USB malware that exposes bitcoin transactions to theft.The script steals 12 or 24-word seed phrases, threatening tron and monero wallet security.Microsoft next urges users to block shortcuts to stop the malware from... Translate »
