INTEL: U.S. data centers are now expected to use more natural gas than most countries and consume about 20% of U.S. electricity by 2035, up from under 6%
Twitter
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INTEL: Treasury Secretary Bessent says passing the crypto Clarity Act is essential for the US to win the global technology race.
Twitter
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INTEL: Senate Democrats to meet tonight on crypto CLARITY Act counterproposal
Democrats weigh counteroffer despite GOP calling its proposal a “final offer”
Key Senate procedural vote expected in less than 24 hours
Twitter
Democrats weigh counteroffer despite GOP calling its proposal a “final offer”
Key Senate procedural vote expected in less than 24 hours
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INTEL: Sen. Kirsten Gillibrand (D-N.Y.) is privately urging other Democrats to vote in favor of advancing the Clarity Act tomorrow
Twitter
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INTEL: CLARITY Act vote is scheduled today at 17:15 UTC
Republicans need at least 7 Democratic votes to advance the bill Do you think it passes today?
Republicans need at least 7 Democratic votes to advance the bill Do you think it passes today?
Final Results
38%
Yes
62%
No
INTEL: Global bond selloff deepens as US 10-year yields rise above 5% for the first time since 2007
Japan, UK, France and Germany are also seeing yields at multi-decade highs
Twitter
Japan, UK, France and Germany are also seeing yields at multi-decade highs
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INTEL: Republicans rejected Democrats’ CLARITY Act counteroffer ahead of today’s 17:15 UTC vote
Twitter
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Solid Intel 🛰
INTEL: Republicans rejected Democrats’ CLARITY Act counteroffer ahead of today’s 17:15 UTC vote Twitter
INTEL: Lead Senate Republican Lummis rejects Democrats’ CLARITY Act counteroffer hours before today’s vote, leaving the bill unlikely to advance
Twitter
INTEL: Saudi Arabia suspended oil loadings at Yanbu after attacks shut its East-West Pipeline
Yanbu can handle up to 5M barrels a day as Brent pushes toward $110 | Per Reuters
Twitter
Yanbu can handle up to 5M barrels a day as Brent pushes toward $110 | Per Reuters
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INTEL: Wall Street now overwhelmingly expects the Fed to hike rates this week, with most major banks forecasting another increase before year-end
Twitter
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INTEL: Two Robinhood engineers were charged in a crypto insider trading scheme after allegedly trading Hyperliquid perpetuals ahead of token listings | Per DOJ
Twitter
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INTEL: Sen. Elizabeth Warren warns passing the CLARITY Act could put the US at risk of an economic crash
Twitter
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INTEL: Stand With Crypto says senators who voted against the CLARITY Act will be marked on its lawmaker scorecards ahead of November’s midterms
Twitter
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INTEL: Two crypto bills are in Congress today
One would eliminate capital gains tax on crypto transactions of $10 or less
The other would require federal Bitcoin holdings to stay in reserve for at least 20 years
Twitter
One would eliminate capital gains tax on crypto transactions of $10 or less
The other would require federal Bitcoin holdings to stay in reserve for at least 20 years
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