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  • Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned
    by Oluwapelumi Adejumo on June 7, 2026 at 7:20 pm

    Ethereum’s slide to its lowest level in more than a year is testing the Wall Street trade that brought the token deeper into institutional portfolios. Data from CryptoSlate shows that the second-largest cryptocurrency fell to as low as $1,506 during the last 24 hours, its weakest level since April 2025, extending a broad crypto selloff The post Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned appeared first […]

  • DeFi’s old hack vectors are fading – But the new risk can hit six chains at once
    by Andjela Radmilac on June 7, 2026 at 5:10 pm

    Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 through 2025 puts a pretty large number behind that claim. Industry-wide DeFi losses peaked at $2.62 billion in 2022 and fell roughly 80% to $534 million by 2024. Bridge hacks that once produced billion-dollar The post DeFi’s old hack vectors are fading – But the new risk can hit six chains at once appeared first on […]

  • Crypto rails made prediction markets global, gambling laws may make them local again
    by Gino Matos on June 7, 2026 at 3:20 pm

    South Korean police opened the country’s first illegal gambling probe into domestic Polymarket users on Jun. 5, targeting residents who placed bets on the Jun. 3 local election outcomes. The Gangwon Provincial Police Agency is leading the investigation at the request of the National Police Agency, tracing cryptocurrency transaction records to identify users nationwide. Those The post Crypto rails made prediction markets global, gambling laws […]

  • AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid
    by Andjela Radmilac on June 7, 2026 at 2:05 pm

    AI has hit an electricity problem. Running it takes staggering amounts of power; demand in the US is climbing faster than the grid can keep up, and that’s handing enormous leverage to the companies that generate and deliver it. On June 2, the Electric Reliability Council of Texas voted to overhaul how it admits large The post AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid appeared first on CryptoSlate.

  • CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says
    by Oluwapelumi Adejumo on June 7, 2026 at 1:10 pm

    The CLARITY Act, the crypto industry’s biggest bill in Congress, is losing momentum just weeks after clearing a key Senate committee, raising the risk that Washington’s first major digital asset rulebook slips deeper into an election year. Galaxy Digital lowered its estimate that the CLARITY Act will become law in 2026 to 60% from 75%, The post CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says appeared first on […]

  • A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs
    by Andjela Radmilac on June 7, 2026 at 11:16 am

    Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as a run of firm labor data pushed the odds of a Federal Reserve hike by year-end toward 85% and dragged the 10-year Treasury yield up near 4.5%. Understandably, it dominates the screens, given how much of The post A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs appeared first on CryptoSlate.

  • Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push
    by Oluwapelumi Adejumo on June 6, 2026 at 7:10 pm

    Hyperliquid’s rapid growth has drawn a warning from Britain’s financial regulator, adding a consumer-protection concern to a platform increasingly watched by Wall Street and traditional market operators. The Financial Conduct Authority (FCA) placed Hyperliquid and the Hyper Foundation on its warning list, saying the firm may be providing or promoting financial services in the UK The post Hyperliquid’s UK warning reveals the regulatory […]

  • AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem
    by Andjela Radmilac on June 6, 2026 at 5:05 pm

    For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road. However, the Fed has access to the same numbers and seems to be more inclined to treat The post AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem appeared first on CryptoSlate.

  • May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop
    by Andjela Radmilac on June 6, 2026 at 3:39 pm

    The US economy added 172,000 jobs in May, more than double the 80,000 that Wall Street economists had expected, and the unemployment rate held at 4.3%. The Bureau of Labor Statistics (BLS) also revised March and April higher by a combined 93,000 positions, which left the spring looking much stronger than anyone believed a month The post May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop appeared […]

  • Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets
    by Oluwapelumi Adejumo on June 6, 2026 at 8:00 am

    Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes. According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for The post Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style […]

  • Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants
    by Tyler Durden on June 7, 2026 at 10:40 pm

    Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants By Robert Walton of UtilityDive The Trump administration approved 76 coal-related permits in more than a year of efforts to revive the flagging fuel and execute an agenda of “energy dominance.” His latest attempt includes tapping Defense Production Act funding to expand the industry. “Last year we prevented 17 GW of coal-powered electricity from […]

  • Iran Fires Missiles At Israel In First Since April, After IDF Airstrike On Beirut; Trump Urges Israel To Hold Back
    by Tyler Durden on June 7, 2026 at 10:15 pm

    Iran Fires Missiles At Israel In First Since April, After IDF Airstrike On Beirut; Trump Urges Israel To Hold Back Summary HUGE ESCALATION: Iran fires missiles on Israel, after IDF unleashed deadly airstrike on Beirut earlier Sunday. Despite Trump saying on Sunday that he would tell Israeli Prime Minister Benjamin Netanyahu not to strike ​back, an Israeli official warned that “There will be a forceful response.” Sunday is […]

  • A Lot More Than Just Rates Moving Markets
    by Tyler Durden on June 7, 2026 at 9:30 pm

    A Lot More Than Just Rates Moving Markets By Peter Tchir of Academy Securities The plan this weekend was to write about the AI Revolution. It would have dovetailed well with recent pieces Buggy Whips and Horses and Being Forced to Understand UBI. We discussed this, Iran, and much more on Bloomberg TV (1:43:30 mark), where I did bring out the red rocket ship tie, in honor of the SpaceX IPO. But it is difficult to stick to the plan […]

  • Angry Pentagon Sources Leak Report Of Israel’s ‘Unhinged’ Spying On US Officials
    by Tyler Durden on June 7, 2026 at 8:55 pm

    Angry Pentagon Sources Leak Report Of Israel’s ‘Unhinged’ Spying On US Officials It’s no secret that Israeli spying and surveillance is pervasive, and it is often even directed at its most powerful ally and backer, the United States. But the phenomenon has escalated of late, outraging Washington intelligence officials. Behind the scenes of this alliance which mainstream media and pundits typically project as essentially […]

  • Former Musk Adviser Sriram Krishnan Leaving White House AI Role
    by Tyler Durden on June 7, 2026 at 8:20 pm

    Former Musk Adviser Sriram Krishnan Leaving White House AI Role Authored by Tom Gantert via The Epoch Times, Senior White House policy adviser on artificial intelligence Sriram Krishnan, a former Twitter executive who advised Elon Musk during his acquisition of the social media platform, announced Saturday he will leave his role at the end of June. U.S. President Donald Trump hands a pen to Senior White House Policy Advisor on […]

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  • New York Legislature Passes Data Center Moratorium
    by Tyler Durden on June 7, 2026 at 7:10 pm

    New York Legislature Passes Data Center Moratorium Authored by Nicholas Zifcak via The Epoch Times, The New York state Legislature passed a one-year data center permit moratorium June 4 in the final days of the legislative session. If Gov. Kathy Hochul signs it into law, New York would be the first to enact a statewide moratorium. A data center in Tennessee. Courtesy of CleanSpark The legislation requires a pause on permitting […]

  • Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild
    by Tyler Durden on June 7, 2026 at 6:35 pm

    Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild Treasury Secretary Scott Bessent is reportedly pursuing a pathway to repurpose Iranian assets to compensate Amerca’s Gulf allies which have suffered significant damage due to Iran’s attacks in the wake of Trump’s Operation Epic Fury. Over eighty oil, gas, and vital infrastructure facilities across the Gulf have been hit – with most of the attacks having […]

  • Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
    by Tyler Durden on June 7, 2026 at 5:25 pm

    Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy Authored by Charles Hugh Smith via Of Two Minds, This will get massive pushback because it’s true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy – it can’t be both. This reality gets pushback because the conversion of housing from shelter into just another asset bubbling higher in a bubble-dependent economy has […]

  • ‘I Could’ve Kept It That Way’: Trump Admits The Inflation Is His Choice – For A War That ‘Isn’t A War’
    by ZeroPointNow on June 7, 2026 at 4:15 pm

    ‘I Could’ve Kept It That Way’: Trump Admits The Inflation Is His Choice – For A War That ‘Isn’t A War’ In a wide-ranging interview in which he touted record stock prices and rebranded weapons-grade uranium as “nuclear dust” (and then stormed out), President Donald Trump said the quiet part out loud: the prices Americans are paying at the pump are not an accident. This was all his decision. “I could’ve kept it that way,” Trump […]

  • Americans’ Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
    by Tyler Durden on June 7, 2026 at 3:40 pm

    Americans’ Average Monthly Mortgage Payment Tops $2000 For The First Time Ever Authored by Michael Snyder via The Economic Collapse blog, U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, and […]

  • US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts ‘Ceasefire Violations’
    by Tyler Durden on June 7, 2026 at 3:04 pm

    US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts ‘Ceasefire Violations’ Summary Iran’s foreign ministry says US overnight action, especially bombing coastal radar facilities, is a violation of ceasfire. New nighttime salvo of missiles on Kuwait, Bahrain: Six ballistic missiles fired at Bahrain and Kuwait were intercepted, CENTCOM said. Overnight flare-up started with Iranian attack drones in […]

  • UK Cop Fired For Questioning Islam In ‘Safe Space’
    by Tyler Durden on June 7, 2026 at 2:30 pm

    UK Cop Fired For Questioning Islam In ‘Safe Space’ Authored by Steve Watson via Modernity, A Christian police community support officer lost his career after asking a Muslim colleague about jihad and Hamas atrocities during a diversity session that promised open discussion. At the same time, training drilled “white privilege” into police ranks. Luke Salmons, a 46-year-old Christian father of two and respected PCSO with North […]

  • Short-Term Bitcoin Holders Are Realizing Their Largest Losses On Record; Most Oversold Since 2018 Collapse
    by Tyler Durden on June 7, 2026 at 1:55 pm

    Short-Term Bitcoin Holders Are Realizing Their Largest Losses On Record; Most Oversold Since 2018 Collapse After this week’s bloodbath… Bitcoin is now flashing its most oversold signal since 2018, raising the odds of a relief rebound toward $70,000 in the coming weeks. The extremely oversold reading followed a roughly 30% decline in BTC over the past month, as geopolitical risks, higher oil prices, fading hopes for a 2026 […]

  • Germany’s First F-35 Stealth Fighter Moves Closer To Service With Key Engine Installation
    by Tyler Durden on June 7, 2026 at 12:45 pm

    Germany’s First F-35 Stealth Fighter Moves Closer To Service With Key Engine Installation Authored by Sujita Sinha via Interesting Engineering, Germany’s first F-35A fighter jet is now closer to delivery after its engine was installed during final assembly, according to Lockheed Martin. This milestone shows steady progress on one of Germany’s biggest defense modernization efforts since the Cold War. Germany’s first F-35 reaches a […]

  • Europe 2.0, Beyond Brussels: The End Of The European Union As We Know It
    by Tyler Durden on June 7, 2026 at 12:10 pm

    Europe 2.0, Beyond Brussels: The End Of The European Union As We Know It Authored by Frank-Christian Hansel via American Greatness, Europe has reached the end of an era. Not the end of its history, but the end of its false form. For decades, the European Union served as the great substitute project of a continent that no longer dared to think politically. It promised peace without power, order without a people, unity without […]

  • Most Teens Aren’t Going To Social Media For Politics
    by Tyler Durden on June 7, 2026 at 11:35 am

    Most Teens Aren’t Going To Social Media For Politics Teens turn to social media for multiple purposes: to catch up with friends, for entertainment and to connect with others over similar interests. However, as Statista’s Anna Fleck reports a possible misconception, however, is that many are going to platforms such as Instagram, Snapchat and TikTok for politics. According to a recent survey of 1,458 teenagers in the United […]

  • A Serious Country Does Not Swap Its Greatest Leader On Banknotes For Little Animals
    by Tyler Durden on June 7, 2026 at 11:00 am

    A Serious Country Does Not Swap Its Greatest Leader On Banknotes For Little Animals Authored by Steve Watson via Modernity, The Bank of England has now admitted the quiet part out loud. Historical figures including Winston Churchill were removed from future banknotes after researchers told officials they were “elitist and divisive.” The move replaces British legends with wildlife in a calculated step to sideline national heroes […]

  • An Emerging Market Crisis In Oil-Poor Asia?
    by Tyler Durden on June 7, 2026 at 3:20 am

    An Emerging Market Crisis In Oil-Poor Asia? Authored by Satyajit Das via NewIndiaExpress, Reliable availability of cheap energy is, as the Iran war highlights, essential to modern economies and societies, at least for the foreseeable future. Shocks divide the world into the oil haves and oil have-nots. Alongside higher energy prices, shortages of petrochemical derived chemicals will affect agriculture, mining, plastics, textiles, […]

  • Watch: More Evidence Iran Is Rapidly Restoring Its Missile Tunnels
    by Tyler Durden on June 7, 2026 at 2:45 am

    Watch: More Evidence Iran Is Rapidly Restoring Its Missile Tunnels President Trump has newly estimated that Iran has 21%-22% of its missiles remaining. Trump said in an interview with NBC: “They have some missiles and drones, percentage-wise maybe 21%-22% of the missiles. That’s a lot, but it’s not what it was before the war.” He and top White House officials had previously mused that the Iranians are working hard to reconstitute […]

  • A New Shortcut To Quantum Entanglement
    by Tyler Durden on June 7, 2026 at 2:10 am

    A New Shortcut To Quantum Entanglement Authored by University of Chicago via ScienceDaily, Many of the most promising quantum technologies, including advanced sensors and future quantum computers, depend on a phenomenon known as entanglement, where particles become deeply connected and influence one another in ways that cannot be explained by classical physics. Creating the complex entangled states needed for these technologies has […]

  • UN Food Agency Warns Millions Pushed Into Hunger By Prolonged Iran War
    by Tyler Durden on June 7, 2026 at 1:35 am

    UN Food Agency Warns Millions Pushed Into Hunger By Prolonged Iran War The United Nations food agency is sounding a catastrophic alarm on the macroeconomic fallout of the ongoing conflict in Iran and the Persian Gulf region. According to the World Food Programme (WFP), millions of people are actively being plunged into acute hunger due to the war – realizing a grim trajectory the agency previously warned would occur if the Middle […]

  • Protesters Target NV Energy At Utility Conference As Anger Over Soaring Electricity Prices Boils Over
    by Tyler Durden on June 7, 2026 at 1:00 am

    Protesters Target NV Energy At Utility Conference As Anger Over Soaring Electricity Prices Boils Over By Herman Trabish of UtilityDive Protesters shouting affordability complaints and chanting slogans interrupted a speech by NV Energy President and CEO Brandon Barkhuff on Wednesday. Barkhuff was speaking to some 1,000 utility executives and electricity industry stakeholders during the Edison Electric Institute 2026 conference at […]

  • Lebanese Army Officers Among 9 Killed In Israeli Airstrike On South Lebanon
    by Tyler Durden on June 7, 2026 at 12:25 am

    Lebanese Army Officers Among 9 Killed In Israeli Airstrike On South Lebanon In a rare, major development related to the Israel-Hezbollah war, fresh Saturday Israeli airstrikes on Southern Lebanon on Saturday took out a group of Lebanese Army forces. What’s more is that several officers were reported killed: “Israeli airstrikes on southern Lebanon Saturday killed nine people including three members of the Lebanese military, the […]

  • Obama-Appointed Judge Orders Trump Admin To Restart Processing Asylum Claims
    by Tyler Durden on June 6, 2026 at 11:50 pm

    Obama-Appointed Judge Orders Trump Admin To Restart Processing Asylum Claims Authored by Zachary Stieber via The Epoch Times, The Trump administration must restart processing claims of asylum, a federal judge ruled on June 5. Officials must also resume adjudicating requests for immigration benefits such as work permits from nationals of 39 countries from which President Donald Trump has restricted travel, Obama-appointed U.S. […]

  • Facebook Marketplace Enters The AI Thirst-Trap Era
    by Tyler Durden on June 6, 2026 at 11:15 pm

    Facebook Marketplace Enters The AI Thirst-Trap Era Searching Facebook Marketplace in the AI era has revealed a strange new phenomenon: sellers are running product photos through chatbots or image generators to insert scantily clad women into listings. This marketing ploy seemingly bets that thirst-trap imagery will boost clicks and improve the chances of selling whatever item is listed on the online marketplace. “This dude on FB […]

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