JUST IN: $200,000,000 in crypto long positions wiped out in the past 15 minutes.

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JUST IN: 🇺🇸 White House economist Hassett says the case for the Federal Reserve to keep interest rates unchanged is "very strong."

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JUST IN: 🇺🇸 President Trump threatens to halt trade with countries where the U.S. has a deficit, unless interest rates are lowered.

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JUST IN: 🇨🇦 Canada lost 41,700 jobs in August as ongoing trade tensions with the U.S. continue to weigh on the economy

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JUST IN: Robinhood CEO Vlad Tenev says, "we stand behind stock tokens."

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JUST IN: The Federal Reserve is now anticipated to increase interest rates by 25 basis points this month, after August's jobs report came in nearly three times stronger than expected.

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JUST IN: Trading of stocks and commodities on crypto platforms reached $778 billion in August.

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JUST IN: 🇺🇸 President Trump says economic growth isn't to blame for inflation—calls "stupidity" the real problem.

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JUST IN: 🇺🇸 When questioned about solana:6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN, President Trump replied:

"It’s not something I manage or promote — I don’t pay much attention to it, but I’ve heard it's doing well in sales."

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JUST IN: Michael Saylor's Bitcoin investment strategy has so far generated an unrealized gain of $4,930,000,000.

$MSTR gains since the company started investing in BTC back in 2020:

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JUST IN: Elon Musk announces you'll soon be able to link your PlayStation or Xbox console directly to your Tesla.

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FUN FACT: Exactly 15 years ago today, Bitcoin was worth $8

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JUST IN: Elon Musk clarifies he doesn’t have a "big pile of cash."

"I own stock in SpaceX and Tesla."

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🇺🇸 The US dollar has lost 97% of its purchasing power since the Federal Reserve was established.

An item that cost $3 in 1913 would cost roughly $100 today.

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Weekly Recap:

• Senator Bernie Sanders introduces a bill to permanently ban AI systems surpassing human intelligence.

• Bank of America VP Erin Piacenti dies in a stabbing attack in Times Square.

• Rich Dad Poor Dad author Robert Kiyosaki admits he owes $1.2 billion in debt.

• President Trump urges the Federal Reserve to cut interest rates immediately.

• SEC Chair Paul Atkins predicts the Crypto Clarity Act will pass this month.

• UK celebrity Katie Price files for divorce after discovering her husband’s crypto wallet holds just $3—despite claiming $50 million.

• The Netherlands repatriates $12.1 billion in gold from the US and Canada.

• Elon Musk announces PlayStation and Xbox consoles will soon integrate directly with Tesla vehicles.

• The US secures majority control over 65 billion barrels of Venezuelan oil reserves.

• John Ternus succeeds Tim Cook as Apple’s new CEO.

• The US Mint begins circulating the 2026 Trump $1 coin.

• The NSA withdraws its opposition to the Crypto Clarity Act.

• Trump claims the stock market should “rise like a rocket ship.”

• Canada loses 41,700 jobs amid escalating trade tensions with the US.

• Ripple finalizes a multi-year sponsorship deal with the University of Florida.

• UK Prime Minister Carney states trade talks will resume only when Americans “stop doing memes.”

• Russia’s new cryptocurrency law officially takes effect.

• The SEC plans a roundtable on enabling 24-hour stock trading.

• The G20 agrees to collaborate on developing global crypto and stablecoin regulations.

• Apple CEO John Ternus set to receive a $58 million compensation package in 2027.

• Treasury Secretary Bessent says America must grow its way out of debt.

• Michael Saylor’s investment firm Strategy acquires 4,603 Bitcoin for $369 million.

• Bessent predicts the Strait of Hormuz will become “worthless” within two years due to bypass routes.

• Coinbase CEO says traditional banks are resisting crypto due to competitive threats.

• OpenAI launches GPT-6 Astra, its most advanced model to date.

• The SEC proposes new rules to support blockchain-based securities transactions.

• Coinbase files to introduce perpetual stock trading in the US.

• Trump claims AI will generate millions of jobs and cure major diseases.

• Trump suggests renaming the Strait of Hormuz the “Trump Strait.”

• Tom Lee’s BitMine purchases 53,501 ETH for $131 million.

• President Trump threatens to halt trade with countries running surpluses against the US unless interest rates drop.

• The world’s largest sovereign wealth fund prepares to significantly reduce its US Treasury holdings.

• Fed Chair Warsh says a global investment surge is now underway.

• Nvidia acquires Hugging Face for $12.93 billion.

• Hyperliquid and Kraken’s parent company discuss entering the US market.

• Elon Musk reveals X achieved its highest monthly download count ever.

• Atkins calls the SEC’s crypto proposal “the most historic step we’ve taken.”

• Treasury Secretary Bessent says oil prices are set to decline.

• US unemployment rate remains steady at 4.1%.

• Standard Chartered launches institutional spot crypto trading in the UAE, backed by $400 billion in assets.

• Apple accuses OpenAI of destroying critical evidence in an ongoing legal dispute.

• Coinbase partners with Webull on a Canadian crypto infrastructure initiative.

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JUST IN: 4,000 Bitcoin, valued at $320 million, have been withdrawn following the Liquid Network hack.

The attacker is now communicating with network operators through on-chain Bitcoin transactions and intends to return the $BTC once the vulnerability is fixed.

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JUST IN: 🇯🇵 The Japanese yen surges to its strongest level since May.

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JUST IN: 🇵🇦 The Panama Canal Authority warns of possible further cuts to daily ship transits.

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JUST IN: 🇺🇸 U.S. consumers have spent an additional $100 billion on fuel since February 28th due to the ongoing conflict involving Iran.

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JUST IN: 🇺🇸 Hunter Biden is reportedly launching a cryptocurrency memecoin, named after his now-notorious laptop.

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JUST IN: Ethereum is planning to let users pay transaction fees with stablecoins instead of $ETH, starting in 2027.

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