Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation. - Elon Musk on X

The narrative of AI induced unemployment provides the perfect cover for running the economy hot this year. It's no surprise that Elon pushes it when you think that his company SpaceX is preparing for a massive $75B IPO

China says military bullying has brought deep disasters to the world.

Why do they keep bullying Taiwan?

PM Modi's economic advisor Sanjeev Sanyal slams Elon Musk’s "universal high income" idea, warns it would bankrupt governments and says AI will create new jobs.

Money ‌market pricing shows a nearly 69% probability of the Federal Reserve not cutting rates by the end of 2026

Nearly 3 months after his nomination, money markets are still mispricing Warsh's plans for 2026. Warsh's cuts will be the major green swan of 2026.

Pakistani source involved in mediating between the US and Iran said on Friday there was progress in backdoor diplomacy and that an upcoming meeting between the two sides could result in the signing of an agreement - Reuters

BTC pumping on this

80% of institutional investors plan to allocate between 2% and 5% of assets to cryptocurrency. Over 2/3 seek DeFi exposure via staking & lending.

Hong Kong's Flow Capital plans to tokenize its $150 million private credit fund on Ethereum to tap on blockchain liquidity. Holders will receive periodic distributions from the interest payments collected from the companies that borrowed money from the fund

Alibaba open-sources Qwen3.6-35B-A3B, a selective-compute model rivaling OpenAI and Anthropic with 10x less compute.

Btc reclaims 76k

China said the presence of a Japanese Self-Defense Forces vessel in the Taiwan Strait was provocative - Bloomberg

Public Bitcoin miners sold 32,000 BTC in Q1 2026, highest quarter on record

Loss of energy output in mideast will take about two years to recover - IEA

Traders are betting that Bank of England will deliver a 25 basis point hike by September as a result of the energy shock from the Iran war - Bloomberg Poll

US President Donald Trump is ready to make new concessions in negotiations with Iran to bring the issue to an end - Gulf official

MASSIVE: Institutions are loading up on call options at the fastest pace in recorded history. (you have been following THE FVCKING CROWD ALL THE TIME, bbut alts are still far from ATH levels, you still have time to really live "generational welth", it's your choice at the end)

Ethereum had its busiest quarter in history, processing 200 million transactions in Q1 2026

Singapore Gulf Bank has officially launched instant USD-to-USDC stablecoin conversion for businesses looking to settle payments directly in crypto. SGB is positioning itself as the primary "on-ramp" and "off-ramp" for the Stablecoin and Crypto economy in Asia and the Middle East.

South Korea launches new pilot replacing state cards with programmable deposit tokens issued by commercial banks holding the government fiat budget. The tokens will be issued on a permissioned private ledger.

1. The bank "locks" a certain amount of that fiat and issues an equivalent amount of Deposit Tokens on the blockchain.
2. When the government needs to pay for a service they send those tokens directly to the merchant’s digital wallet.
3. The merchant can then take those tokens back to the bank and "burn" them to receive regular KRW in their own bank account

The advantage of programmable money: If the government realizes a contractor did a bad job or shouldn't have been paid, they can technically "freeze" or "claw back" the token before it is redeemed.

Coinbase adds BNB, HYPE, PAXG, USDT for collateral perps trading