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🎯 €456,702 in the second payout.

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πŸ‡§πŸ‡·JUST IN: Brazil will report every crypto transfer of $10,000 or more to or from a self-custody wallet, starting October 1.

Key points:

Regulated crypto firms must report these transfers to Coaf, Brazil's financial intelligence unit.

It applies to both withdrawals to self-custody wallets and deposits from them.

It's a reporting rule, not a ban or a cap on transfers.

From January 2027, firms must also hold transfers above $10,000 to self-custody wallets for up to 24 hours.
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Bitcoin poised for its second-best third quarter ever

Bitcoin is on the verge of its second-best third quarter ever. The news comes from:

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🚨 JUST IN: Oil flowing out of the Strait of Hormuz has doubled in less than a month to about 13 MILLION barrels a day.

That's back to July's brief peak, as the US military now guides tankers through the strait in broad daylight, per Fortune.

It comes as Trump rejected Iran's 7-day ceasefire offer to reopen the strait, saying Iran is "losing so badly" and the deal "would not be acceptable."

US officials believe time is now on their side, with Fortune reporting the naval blockade is "crushing Iran's economy."

WTI crude fell about 8% this week to $92.41, while Brent fell more than 2% on Friday.

But flows are still well below the roughly 20 MILLION barrels a day before the war, and each barrel now costs an extra $30 to $40 to get out, analysts estimate.
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You can't make this up.

3 of history's biggest stock market bubbles all ended the same way.

Today, the 10 biggest AI stocks make up 41% of the US stock market, per Bank of America.

That's the same level where the dot-com bubble peaked in 2000.

And BofA says each of those past bubbles was ended by a surge in bond yields:

- Nifty Fifty, 1973: US yields jumped 2 percentage points

- Japan, 1989: Japanese yields jumped 2.3 points

- Dot-com, 2000: US yields jumped 2.6 points

In all three, the end came once yields had risen by 2 points or more.

Meanwhile, US 10-year yields are already up 1.27 points since February.

"Quickest way to end US boom is surge in bond yields," BofA writes.
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After almost 40 years: Italy paves the way for new nuclear power plants

The Italian Senate has given the green light for a return to nuclear energy. Following the 1987 referendum, the country shut down its reactors and has since imported large quantities of nuclear power from France. The government has now been tasked with developing the regulations for the construction and operation of new plants within a year.

The first electricity production from new reactors, primarily Small Modular Reactors, is considered possible as early as 2033 or 2034. The contrast with Germany is stark: While the last nuclear power plants in Germany were shut down in 2023, Italy is ending its costly import dependency and once again relying on its own nuclear power.
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πŸ’₯BERLIN SPD STATE EXECUTIVE VOTES UNANIMOUSLY!πŸ’₯

On Saturday, the Berlin SPD state executive voted unanimously in favor of exploratory talks with The Left (Die Linke) and the Greens. This means all three parties have now agreed to discussions regarding a potential red-green-red government coalition.

Just days earlier, SPD state leader Steffen Krach had outlined significant hurdles for cooperation with The Left, noting that recent debates had not exactly served to "build trust."

The SPD and the Greens had been particularly concerned about how The Left deals with antisemitism and the controversial contacts maintained by individual party members. Nevertheless, the state executive gave the green light for the talks on Saturday. State leaders Steffen Krach and Bettina KΓΆnig, along with Derya Γ‡ağlar, are among those set to conduct the exploratory talks for the SPD.
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Absolutely MASSIVE for AI stocks. πŸ”₯

AMD has surpassed the $1 trillion mark for the first time, surging 10% to over $615.

NVDA, INTC, and ARM also rallied.

This move helped boost the Philadelphia Semiconductor Index by about 4.3%, signaling a broad rotation back into AI-driven chip stocks.

And this isn't just another Nvidia-led spike.

AI trading is spreading across the entire semiconductor sector.
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Capital B Buys 13 Bitcoins, Holdings Increase to 3,538 BTC

Paris-based Bitcoin treasury firm Capital B has purchased 13 Bitcoins for €0.97 million, at an average price of €74,364. This increases its total holdings to 3,538 BTC. The purchase was financed through a capital increase with asset manager TOBAM at €5.68 per share.

Since the beginning of the year, the company has achieved a "BTC yield" of 2.20 percent. This metric measures the Bitcoin holdings per diluted share, not a return in the traditional sense.

For context: The average purchase price is €87,805, significantly above the current price. The holdings are therefore down by approximately €50.8 million. Globally, Capital B ranks 25th among publicly traded Bitcoin holders.
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