A $300,000 investment in Hunter Biden’s $LAPTOP token at launch is now worth just $2,000.

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🇺🇸 U.S. Treasury Secretary Bessent urges the Senate to move forward with the Crypto Clarity Act.

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🇺🇸 Coinbase's CEO says U.S. crypto regulation will keep moving forward—even if the Clarity Act doesn't pass.

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First look at Apple’s foldable iPhone Duo has just surfaced.

This marks Apple’s debut foldable with an under-display camera, enabling true edge-to-edge display. It supports dual apps side by side and reintroduces Touch ID on the lock button.

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🇺🇸 US PPI climbs to 5.4%, surpassing forecasts.

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🇺🇸 Treasury Announces Major Bond Buyback

The U.S. Treasury is set to repurchase up to $6 billion in bonds maturing between 2037 and 2046.

The buyback limit has been significantly increased—tripled from $2 billion per operation. Starting September 9, the cap rises to at least $4 billion, with the September 10 operation reaching $6 billion, marking one of the largest recent moves in this sector.

This action is mildly bullish for financial markets. Additional Treasury demand may help lift bond prices and push yields lower, supporting looser financial conditions. In turn, this could make risk-free assets slightly less attractive compared to equities, BTC, and other risk-on investments.

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💻 Trader Loses $197,000 on LAPTOP Crash

One trader risked $200,000 on LAPTOP shortly after its launch—and nearly lost it all.

They pulled $250,000 from Binance and bought 919 LAPTOP tokens at an average price of around $218. When the market turned, the position plummeted to just ~$3,000—locking in an unrealized loss of $197,000, or about 99%.

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🇺🇸 The US 30-year bond yield climbs to 5.35% — its highest point since June 2007.

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🇸🇦 Saudi Arabia's oil production drops to its lowest level in 36 years.

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🇮🇱🇮🇷 Israeli Prime Minister Netanyahu claims Iran is once again pursuing nuclear weapons.

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🇮🇱🇮🇷 Prime Minister Netanyahu confirms Israel has taken out Iran's largest military facility outside its borders—located in Lebanon.

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🇾🇪 Houthi forces take control of the strategic port of Mocha, along with key islands off Yemen’s western coast.

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🥷 What Really Happened to the LAPTOP Token?

Hunter Biden on LAPTOP: “Team tokens are locked. No one on our side sold — or could have sold. I personally made zero profit.”

The token crashed 95–99% within hours of launching on Base, dropping from nearly $200 to a fraction of its value. Of 15,206 wallets, 12,151 — about 80% — ended up in the red.

Biden attributes the collapse to liquidity issues, not a rug pull. He points to overwhelming demand, sniper bots, and technical hiccups as key factors. Crucially, team allocations remain locked for six months, with a full two-year vesting schedule.

Moving forward, his foundation plans to inject 4 million tokens into liquidity pools and permanently burn an additional 10 million.

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⚙️ Trump Promises $5,000 Payouts

Trump has pledged $5,000 for every adult in the U.S. if Republicans maintain control of both the House and Senate following the midterm elections.

With approximately 240 million adults in the country, the total cost could reach around $1.2 trillion. Trump attributed the potential funding to the “huge economic success” of his policies. The announcement comes as his approval ratings show signs of decline.

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🇸🇦 Satellite images reveal significant smoke near Saudi Arabia's East-West oil pipeline.

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$700 billion wiped back into U.S. stocks at market open as Core CPI hits a 5-year low.

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🇾🇪 Houthis secure control over Yemen’s Red Sea coastline, escalating risks to a vital global shipping corridor.

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Coinbase anticipates regulatory clarity, whether or not the CLARITY Act moves forward.

Brian Armstrong emphasizes that new rules are inevitable—whether shaped by legislation or actions from the SEC and CFTC. A key procedural vote is scheduled for September 15.

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🇬🇧 The UK House of Lords has approved an amendment urging the government to establish a national cryptocurrency strategy.

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