OFAC's Iran General License X goes beyond cargo clearance to authorize ongoing Iranian oil production through August 21. The sanctions lever Washington just eased is the same mechanism that enforces dollar hegemony globally.
Strategy's latest 8-K shows 520 BTC purchased for $35M while ~$300M of a $335M MSTR share sale was retained as cash, pushing the USD Reserve to $1.4B. The preferred stock credit structure is now actively competing with Bitcoin accumulation for capital.
Attorney Ian Cohen filed a rebuttal on June 19 opposing efforts to lift a court stay in a New York lawsuit targeting 39,069 Bitcoin addresses holding roughly 3.8 million BTC, including wallets linked to Satoshi Nakamoto. A hearing is set for July 14.
Kevin Warsh's debut FOMC meeting held rates steady but flipped the dot plot from projected cuts to projected hikes, killed forward guidance, and revised PCE inflation up to 3.6%. The cheap-money thesis is gone.
H.R. 3633 is on the Senate floor calendar and the House has promised to move fast. Everything now turns on whether Senate leadership can lock in seven Democratic votes before August recess closes the window.
Iran's military command announced a closure of the Strait of Hormuz on June 20, 2026, citing U.S. and Israeli violations of the Islamabad MoU signed two days earlier. But U.S. Central Command says ships are still transiting, leaving the shutdown contested.
Bloomberg's Eric Balchunas publicly called for Strategy to retire STRC after the preferred stock hit a record low of $82.53. The real story is what happens to the BTC accumulation engine while the ATM tap is shut off.
CME Group sued the CFTC on June 18, 2026, arguing the agency's approval of Bitcoin perpetual futures for KalshiEX and Coinbase violated Dodd-Frank. TD Cowen expects CME to seek a preliminary injunction that would shut down U.S. perps before they gain any trading history.
OFAC's Iran General License X goes beyond cargo clearance to authorize ongoing Iranian oil production through August 21. The sanctions lever Washington just eased is the same mechanism that enforces dollar hegemony globally.
Strategy's latest 8-K shows 520 BTC purchased for $35M while ~$300M of a $335M MSTR share sale was retained as cash, pushing the USD Reserve to $1.4B. The preferred stock credit structure is now actively competing with Bitcoin accumulation for capital.
Attorney Ian Cohen filed a rebuttal on June 19 opposing efforts to lift a court stay in a New York lawsuit targeting 39,069 Bitcoin addresses holding roughly 3.8 million BTC, including wallets linked to Satoshi Nakamoto. A hearing is set for July 14.
Kevin Warsh's debut FOMC meeting held rates steady but flipped the dot plot from projected cuts to projected hikes, killed forward guidance, and revised PCE inflation up to 3.6%. The cheap-money thesis is gone.
H.R. 3633 is on the Senate floor calendar and the House has promised to move fast. Everything now turns on whether Senate leadership can lock in seven Democratic votes before August recess closes the window.
Iran's military command announced a closure of the Strait of Hormuz on June 20, 2026, citing U.S. and Israeli violations of the Islamabad MoU signed two days earlier. But U.S. Central Command says ships are still transiting, leaving the shutdown contested.
Bloomberg's Eric Balchunas publicly called for Strategy to retire STRC after the preferred stock hit a record low of $82.53. The real story is what happens to the BTC accumulation engine while the ATM tap is shut off.
CME Group sued the CFTC on June 18, 2026, arguing the agency's approval of Bitcoin perpetual futures for KalshiEX and Coinbase violated Dodd-Frank. TD Cowen expects CME to seek a preliminary injunction that would shut down U.S. perps before they gain any trading history.
Deputy Defense Secretary Stephen Feinberg told lawmakers the Pentagon needs $80B covering Iran war costs and non-defense spending. With U.S. debt approaching $39T, every supplemental is a monetary event.
JPMorgan puts Bitcoin's all-in production cost at $78,000. BTC has traded ~19% below that for five straight months. Public miners sold a record 32,000 BTC in Q1 2026. The network's self-correction mechanism is working. Here's what survives it.
