CFTC Chairman Selig meeting with Rep. Bryan Steil to discuss the Clarity Act. "The future of crypto should be built in America."

"The old money is doing absolutely nothing." @_Checkɱate 🔑⚡🌋☢️🛢️ says profit-taking is at post-FTX lows despite Bitcoin being 4x higher. New buyers locking in the second largest loss spike of the cycle. "I'm buying like a madman. My DCA has been humming since November."

Iran fired missiles at Israel. Israel struck back. Trump posted "must immediately stop shooting" in quotes on Truth Social. The Hormuz situation just got significantly more dangerous.

Trump tells FT that Netanyahu will have "no choice" but to accept a US deal with Iran because "I call the shots. I call all the shots. He doesn't call the shots." He says today's Iranian missile strikes will not impact negotiations and that "the deal is going on."

Trump claims a deal with Iran is close and could be signed early this week.

A 1973 Wikileaks cable shows primary dealers explicitly planned to use gold futures volatility to "diminish initial demand for physical holding and negate long-term hoarding by US citizens." Chris Martenson reads it in black and white.

"14 magic money computers. They just send money out of nothing." Chris Martenson says Elon found computers across Treasury, HHS, DoD, and State issuing payments from thin air. "It violates everything we know about money. Then they pushed him out."

Saylor: AI’s massive capital needs are creating short-term pressure on Bitcoin, but will strengthen its position long-term as scarce digital capital.

TFTC 754 w/ Chris Martenson: "If you flip a coin fifty times and it comes up heads every time, you gotta start thinking maybe it's not a fair coin." We discuss: ⚡ The intentional rug pull ⚡ Larry Fink's pension grab ⚡ Why sound money is the only way out

SpaceX signed a deal with Google to provide AI compute capacity at $920 million per month, according to an SEC filing. The agreement runs from October 2026 through June 2029 and includes approximately 110,000 NVIDIA GPUs. This is the second major compute deal SpaceX has announced recently. In late May, Anthropic agreed to pay $1.25 billion per month through 2029 to rent compute from SpaceX's Colossus 1 data center. Google's deal covers roughly half that capacity. Google called it a "short-term" bridge to meet "surging customer demand" for Gemini Enterprise. Despite being estimated as the world's largest single owner of AI compute, demand is outpacing what they can build. The deal lands one week before SpaceX stock is expected to begin trading on the Nasdaq at a roughly $1.75 trillion valuation.

Trump: "Stocks should go up, not down" after the jobs report.

Anthropic says Claude is accelerating the development of AI systems, and internal data shows the path toward recursive self-improvement is moving faster than expected. The numbers from inside Anthropic tell the story. Over 80% of the code merged into Anthropic's codebase is now written by Claude. Engineers are shipping 8x as much code per quarter as they were in 2024. In March 2024, Claude could complete software tasks that take humans about four minutes. A year later, an hour and a half. Today, 12-hour tasks. If the trend holds, tasks that take a skilled person days could come into range this year. By 2027, tasks that take weeks. Public benchmarks are saturating. SWE-bench, which tests real-world software engineering, went from low single digits to saturation in two years. CORE-Bench, which tests whether a model can reproduce published research, went from 20% to saturation in fifteen months. Anthropic says they are not at full recursive self-improvement yet, and it is not inevitable. But Claude can already match or outperform skilled humans at executing well-specified experiments. The remaining gap is judgment, choosing which problems to work on and which goals to pursue. That is the distance between where AI is now and an AI that builds its own successor.

Too many people think institutions, ETFs, and treasury companies will take care of Bitcoin. That completely misses the point. Bitcoin was built to separate money from states. To give individuals the power to preserve purchasing power using a monetary good that no central bank can print and no institution can seize without your keys. The goal: 100 million humble sat stackers. Not institutions buying for balance sheet diversification. Not ETFs tracking price. Individual people saving $50 to $500 per paycheck in bitcoin. Stacking consistently. Sweeping to cold storage. Taking control of their own purchasing power. Institutions can change their minds. Boards can diversify out. Regulations can force selling. Individual sat stackers with their own keys are different. They're sovereign. They can't be forced to sell. They understand what they hold and why they hold it. 100 million people like that changes the world. That's the goal. Man to man. Woman to woman. Friend to friend. Back to basics.

We're doing another @Bitkey giveaway! A built-in screen. No seed phrase. 2-of-3 multisig. Follow @Bitkey and us, RT to enter. ✅ Winner announced Tuesday 6/9 at 4PM EST.

Trump appoints Bill Pulte as acting Director of National Intelligence, replacing Tulsi Gabbard. Pulte is the heir to the PulteGroup homebuilding fortune.

Charles Schwab, the largest RIA custodian with over $12.6 trillion in assets, is preparing to launch direct spot crypto trading for financial advisors. Jalina Kerr, managing director at Schwab Advisor Services, said during a virtual media roundtable that the launch is "on track" for around mid-2027, with fees at 0.75% per trade and zero spread. Schwab is also sending early access invitations to Premier Bank clients for Bitcoin trading. The move follows Fidelity, E*Trade, and Interactive Brokers, all of which have either launched or announced direct crypto trading capabilities. Schwab was one of the last major holdouts.

Steak 'n Shake announces that starting today, every hamburger will be made with 100% grass-fed, grass-finished beef from pasture-raised cattle. MAHA Action says they hope other fast-food chains follow suit.

Trump announces de-escalation in Israel-Hezbollah conflict: "I had a very productive call with Prime Minister Bibi Netanyahu... there will be no Troops going to Beirut... Likewise... I had a very good call with Hezbollah, and they agreed that all shooting will stop — That Israel will not attack them, and they will not attack Israel."

Strategy sold 32 BTC for $2.5 million at $77,135 average. The second sale in the company's history. The first was 704 BTC in December 2022 for tax purposes during the bear market.

River shows criminals prefer stablecoins over bitcoin.