The number of homebuyers in the US just hit an all-time low while sellers surge to nearly 2 million. The gap between sellers and buyers, 630,000, is the largest ever recorded.

Container shipping rates are spiking again. The spot rate for a 40-foot container from Shanghai to LA hit $6,482 last week, the highest since 2024 and nearly 3x since the Iran War began in February. 10 consecutive weekly increases. The Port of LA still processed 530K+ loaded inbound containers in June (+13% YoY, a record for June) as importers rush goods in ahead of tariff expiration on July 24th. War disruptions + tariff front-running = supply chain stress building fast.

"The critical infrastructure, the rails that the Fed runs, should be available to those that can comply with our rules and regulations. This is a public good." Fed Chair Warsh on skinny master accounts.

.(ODELLXYZ) with a classic: met a guy at a wedding, talked Bitcoin for 3.5 hours, became instant best friends. Then realized he was a B-casher. "The 1% divide is the largest divide in the world."

Blockchain Association Board Chair tells FOX: Significant negotiations with Democrats and growing bipartisan support for the Clarity Act. "Once we get this passed, we are going to see an unleashing of economic activity around the crypto space."

"There's a farmer in Texas that's reporting since the data center was up and operational, he hasn't had a live birth in two years." Erin Brockovich says AI data centers are impacting livestock, wildlife, and the environment.

"You start pissing off the moms, you better look out." Erin Brockovich on what happens when communities organize against data centers in their backyards.

"I didn't vote for Meta or Google to own the water." Erin Brockovich claims AI data centers are draining America's water supply while communities are kept in the dark.

"Their whole strategy is to get people to not buy Bitcoin, but to buy their stock instead." @Parker Lewis breaks down the broken incentive structure behind Bitcoin treasury companies.

US Congress is set to discuss the proposed Bitcoin Strategic Reserve today during a New York field hearing on the CLARITY Act.

.@Parker Lewis contrasts Saylor hyping Strike preferreds as "the most interesting thing in Bitcoin" while Square was rolling out payments to 4 million merchants. "He's in there... where is that guy?"

Parker Lewis on why treasury companies are the new altcoin lesson, you're paying a premium to get less Bitcoin.

Rep. Bryan Steil on the Clarity Act: "I'm optimistic that we get this across the line next week in the United States Senate."

Newly declassified FBI docs allege China produced & exported fake US driver's licenses in 2020 to enable tens of thousands of fraudulent mail-in ballots for Joe Biden.

Rep. Timmons: "The CLARITY Act is incredibly important in maintaining the U.S. economy as the center of the global economy." "We're on the 1 yard line, we just gotta score the touchdown."

The SEC just approved a 4x increase in IBIT options position limits from 250,000 to 1 million contracts. While most people are focused on price, the plumbing underneath bitcoin is quietly being built out for serious capital. The old 250K contract cap was forcing big players to split trades across exchanges just to build a proper position. Market makers couldn't hold enough inventory to keep spreads tight. Hedging was artificially constrained. All of this kept the market less efficient than it needed to be. Now NYSE Arca matches Nasdaq, PHLX, and BOX with a uniform 1 million contract limit across every major options exchange. One rulebook for the biggest spot bitcoin ETF in America. This matters because it means Wall Street's own infrastructure is being rebuilt around bitcoin whether they like it or not. The same institutions that dismissed it for a decade now need deeper options markets to manage their exposure. They're not buying bitcoin because they believe in it. They're buying it because their clients are demanding it and they need the tools to handle the risk. The timing tells the story. IBIT saw billions in outflows last quarter as capital chased AI and the SpaceX IPO. The SEC isn't pulling back they're expanding the rails. They're not building for today's price. They're building for what's coming. Bitcoin doesn't need Wall Street's permission. But it's getting Wall Street's infrastructure anyway.

The $2 trillion private credit market is showing real cracks for the first time. In Q2, investors requested $15.6 billion in redemptions from private credit funds. That blew past the standard 5% quarterly cap at 10 of the 16 largest BDCs. Average redemption requests hit 10.3% of shares. Blue Owl's OTIC saw requests on 38.1%. Most investors only got partially paid out. New inflows dropped 56%. Fitch expects the pressure to continue for quarters. The root cause: ~20% of private credit loans went to software companies. AI disruption fears are hammering those valuations and investors want out. BDCs average 26% software exposure vs. 14% for the broader leveraged loan market and 5% for high yield. The most exposed vehicles are getting hit the hardest. Because these are illiquid loans, not stocks you can sell on an exchange, funds can't easily meet redemptions. This is forcing a secondary market into existence. Tradable, a platform that tokenizes loan ownership, has seen transactions double. Jefferies is quoting Thoma Bravo's Anaplan loans at 91.5-96.5 cents on the dollar. Coupa loans are near par. Not a panic, but a structural shift. Meanwhile, actual lending has collapsed. US direct lending volumes fell 55% quarter-over-quarter in Q2 to $33.6 billion, lowest since mid-2023. Lenders are sitting on dry powder and refusing to deploy it. The irony: fundraising is booming. Private credit funds raised $16.25 billion in Q2, highest in two years. Capital is flowing in at the top while trying to escape at the bottom. Regulators are circling. The FSB warns of deteriorating credit quality and opaque valuation practices. Chatham House says regulators need to get ahead of this before it becomes systemic. The DOL is pushing to open 401k accounts to alternatives like private credit, which could pour retail money into a market already under stress. This is private credit's first real stress test. The asset class grew from nothing to $2 trillion without ever facing a real credit cycle. Now it is.

Steve Keen fires back at O'Leary: "China's been far more effective at dragging people out of poverty AND is whipping America's industrial ass." O'Leary: "It's still the only country on Earth where people will risk their lives drowning under barbed wire in a river to get into."

O'Leary on AI warfare: "They will be tenderized constantly. Every data center built going forward in the US is going to have to give up at least 20% of its capacity to the US government."