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Degens Deteriorating
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Bitcoin ETF fund flows were negative for the 5th week in a row, tying previous withdrawal streak records. However, the daily picture is more encouraging, since it appears the sales cycle has stopped and is reversing. This may signal upward pressure on Bitcoin price over the next several days, or maybe weeks.

bluroo ai

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JUST IN: Andrej Karpathy, a top AI scientist at Anthropic, is reportedly barred from accessing the company’s most advanced AI model because he is not a U.S. citizen

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Media is too big
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Australia β€” A violent trans person named β€œJosie Rachelle” Murray attacked people as he left a court in Adelaide following a firearms-related conviction. Murray has drawn media attention because his young grandchild went missing on his property

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JUST IN: US & Iran projected to reach a permanent peace deal by the end of the month.

52% chance.

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Market volatility is picking up:

The Nasdaq 100 index posted 5 consecutive trading days ending Thursday with a move of at least 1% in either direction, the longest streak since August 2024.

This also matches the streak recorded in April 2025 during market turmoil following Liberation Day.

The information technology sector also ranked among both the strongest and weakest-performing sectors in the S&P 500 across 4 of the 5 trading sessions ending Thursday.

As a result, the Nasdaq 100 Volatility Index, $VXN, jumped +11 points in 5 days, or +49%, to its highest level since April 2025.

Volatility remains elevated across the technology sector.

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Media is too big
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"White people are starting to be comfortable being called a racist"

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Chad can get away with writing anything in his bio. Any other man would be called a misogynist

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JUST IN: Trump says peace deal with Iran is scheduled to be signed tomorrow and the Strait of Hormuz will be "open to all."

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Two months ago on corememory, sama called out Anthropic's "fear based marketing" (wrt mythos/Fable) and their intent to gatekeep AI

This week alone,

Dario has gone on record repeatedly about wanting to slow AI progress

Anthropic silently degraded AI-research queries to Fable (they changed course on this, but they still thought it was a good idea)

And now that the government is taking them at their word, they're trying to drag GPT-5.5 and OpenAI down with them

Yes, the administration is being heavy-handed, but unfortunatley it's the logical end of telling everyone you built a "nuke" and that it's possible for people to use it against us

All I'll say is I think it's possible for an institution to both be filled with good people and misaligned. It's not mutually exclusive

Sam saw this in April.

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Peak American optimism.

Excellent dynamic display in the opening match.

But let’s not get ahead of ourselves.

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Black judges will let blacks assault your toddler and blame your kid for being racist

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