I love the smell of crypto drama in the morning. Today's serving: is Kalshi faking its crypto volume? A former quant trader known as Beni claims exactly that. His thread went viral on September 20 and opened with "Kalshi fakes their crypto volume...
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Trump’s “Annihilate Iran” Threat: Crypto Knee-Jerks, Then Settles
President Trump told Axios on Thursday that he is close to a "big decision" on whether to "annihilate" the Iranian regime. One day later, US embassies across nine Middle East countries issued security alerts for Americans. Crypto Twitter spent the...
NEAR Confidential Perps Launch: My Shopping List Pick Doubles to $3
NEAR confidential perps went live this week, and the token exploded 22% to reclaim the $3 level. The new product lets traders open perpetual futures positions without publicly linking trades to their accounts. Hyperliquid provides the perp markets...
SEC Tokenized Stocks Are Here: Meme Coins Rally as Wall Street Moves Onchain
The last few days, all eyes around here have been on the Arc Chain launch. Obviously, we were in the trenches: trading, adding liquidity to pools, testing new protocols and trying to spot the next runner before everyone else did. But while Arc...
Arc Launch Day: Recap of Circle’s Chain Going Live
The doors are open. Arc, the Layer 1 built by Circle, launched its public mainnet today, September 16, and the first day delivered exactly the mix we predicted: institutional press releases upstairs, a full degen casino downstairs. This recap...
Fed Rate Hike 2026: The First Hike in Three Years Lands on Crypto
The waiting is over. Today the Federal Reserve raised interest rates by 25 basis points, lifting the target range to 3.75%–4.00%. This is the first Fed rate hike since 2023, and the vote was unanimous. Two weeks ago I wrote in my Bitcoin and the...
Hyperliquid Has a Lazarus Problem: North Korea Sold $30M in Bitcoin on the DEX
I closed my HYPE short yesterday. More on that below, because the timing connects to today's story. While I was flat and scrolling, I went back through the Arkham thread that's been sitting in my drafts folder for two weeks. It deserves a full...
Clarity Act Fails in the Senate: 49 Votes, a $74.9K Wick, and a Missed Long
The Clarity Act is dead, at least for 2026. On Tuesday afternoon, the Senate held its long-awaited cloture vote on the crypto market structure bill. The bill needed 60 votes to advance. It got 49. We covered the setup in our Clarity Act Senate vote...
Arc Mainnet Launch: Everything You Need to Be Ready for Wednesday
The wait ends this Wednesday. Arc, the stablecoin Layer-1 built by Circle, goes live on September 16. We've been counting down since our what is Arc chain breakdown back in July, and now the real thing finally arrives. A fresh chain means fresh...
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