🚨 HUGE: 🇺🇸 Senator Cynthia Lummis says the CLARITY Act has gone through more than 100 compromises and is urging the Senate to finally pass the legislation. $US $DIA $PTB
⚡️BREAKING: The US Navy has prevented Pakistan from Receiving LNG by diverting a Qatari Tanker for Transitting the Strait of Hormuz with Iran's Permission
Pakistan faces a severe Liquefied Natural Gas (LNG) Shortage. $1000RATS $KOMA $BEAT
🚨 BREAKING: The US Treasury has told banks it may intervene in the yen market today, and to "stand ready for future action."
The message went through the New York Fed.
This would be the first US intervention in the yen since 2011.
It comes one day after Japan spent an estimated $53 billion in a single day, its largest currency operation ever, pulling the yen off four-decade lows.
The yen is now heading for its biggest weekly gain since February.
Yesterday the US ran rate checks. Today it is telling banks to get ready.
Markets sold off immediately after the Reuters report.
A stronger yen means the carry trade unwinds, and hundreds of billions borrowed in cheap yen sit behind US stocks and crypto. $MUBARAK $AMZN $1000RATS
Circle has received a limited-purpose trust charter from the New York Department of Financial Services for Circle New York Trust, transitioning from BitLicense to fiduciary trust framework. This elevates USDC regulatory standing to same oversight level as traditional New York trust companies, accelerating Arc enterprise blockchain deployment.$CRCL
US and Israel are considering a land blockade of Iran to increase economic pressure after months of war failed to bring Tehran back to negotiations.
The proposal would encourage neighboring countries including Iraq, Pakistan, Türkiye, Turkmenistan, Afghanistan, Armenia and Azerbaijan to restrict border crossings and limit Iran's imports and exports$M $TAG $DRAM
🇨🇳🇺🇸 China stopped buying oil, and that did more to hold prices down than anything the US Navy managed
Chinese crude imports have fallen more than 40 percent from last year, and the economy kept humming anyway.
Beijing burned more domestic coal, pulled from its own reserves, and let its huge fleet of electric cars pick up the slack.
Goldman analysts noticed traffic congestion stayed normal even as gasoline use dropped, which shows where all those trips went.
Pulling the world's largest buyer off the market at the same moment a fifth of global supply got trapped behind Hormuz explains most of why the predicted price explosion never arrived.
That should sit badly in Washington.
America fought partly to prove it still guarantees the sea lanes, and what actually held the global economy together was Chinese industrial policy built for Chinese reasons.
It is also temporary. July purchases are already climbing back. $CL $BZ
⚡ Schumer Crypto Bill 💵📝 Senator Chuck Schumer introduced the Anti-Corruption Bureau Creation Act citing Donald Trump's disclosed $1.4 billion in cryptocurrency gains and his family's foreign-tied crypto fund stakes, targeting potential conflicts of interest. $KOMA $GIGGLE $SNXX
⚡ CZ publicly endorsed TrustWallet as the "true open wallet," highlighting its multi-chain and multi-ecosystem support — reinforcing Binance's broader vision of open, interoperable Web3 infrastructure. Ecosystem Alignment ♻️ The statement aligns with growing on-chain activity on BNB Chain and positions TrustWallet as a key gateway for users navigating the expanding multi-chain landscape. $FHE $KOMA $TWT
$BTC Strategy Reports $8.2B Q2 Loss 📉‼️ Bitcoin treasury company Strategy reported an $8.2 billion Q2 loss primarily from unrealized Bitcoin losses, holding 843,775 BTC while announcing continued BTC sales to replenish USD reserves.
🚀📈 Crypto markets are moving higher due to a combination of macroeconomic resilience and sector rotation: the Federal Reserve holding interest rates steady, lower leverage compared to traditional tech sectors, and supportive regulatory tailwinds.$KORU $MMT $SNXX