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The Morning Note · 5 min read
Bitcoin entered the Fed's 25 basis point hike already correcting. Why that setup, not the announcement itself, has historically shaped what follows.
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The Morning Note · 4 min read
The Fed lifted rates 25 basis points to 3.75% to 4.00%. Stocks and gold sold off but Bitcoin closed green. Plus the Bank of Japan and the 10-year yield.
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The Morning Note · 4 min read
The Senate cloture vote on the CLARITY Act failed to reach 60. What the vote was, why the timing hurts, and why US crypto regulation keeps moving anyway.
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The Morning Note · 5 min read
Brent is back above US$100 as Gulf energy supply comes under attack. What the 1970s second oil shock says about gold, Bitcoin, and hard assets now.
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