Macro Markets, Memory vs Crypto, & WTF Is Stonkbroker - Special Guests: OSF & SimpleFarmer

Crypto majors are slightly red; BTC -1% at $63.8k; ETH -2% at $1,880; SOL -1% at $73.50; HYPE +3% at $54.70. Top alt movers include UNI (+7%), PUMP (+5%) and ADA (+4%). Oil +1% at $85; Gold +1% at $4,115. Stock futures are green as tech stocks and memory go higher; DOW +0.5%, Nasdaq +1.2%. Strategy booked an $8.2 billion Q2 loss as Bitcoin fell below its $75,476 cost basis, far worse than the $2.15 billion Wall Street expected, though it added 11% to its stack and said its cash reserve covers two-plus years of dividends. Cathie Wood’s Ark Invest sold BitMine while adding to Coinbase and Circle, trimming about $4.4 million across BitMine, Robinhood, Block, and Bullish after their shares fell, while recently buying roughly $43.5 million of Coinbase and Circle. Treasury Secretary Scott Bessent urged the Senate to pass the CLARITY Act, accusing Democrats of stalling for political reasons and closing his appeal by quoting Satoshi Nakamoto: “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”. The Bitcoin quantum threat inched closer as IBM claimed a “trusted quantum advantage,” a milestone that renews urgency around hardening Bitcoin’s cryptography. Elon Musk’s xAI sued Minnesota to block the US’s first AI nudification law, challenging it on free-speech grounds. Ondo Finance is weighing an acquisition worth up to $500 million, as the real-world-asset tokenization firm looks to expand through M&A. Powered by https://myriad.markets/markets