🟥 Things I'm looking at today 🟥 Powered by @yeet Subscribe: Crypto lower, Clarity vote today, AI stocks slump Crypto * BTC: 77,090 (-1%) | BTC.D: 58.8% (0%) * ETH: 2,477 (-2%) | BNB: 717 (-1%) | SOL: 101 (-1%) * Fear & Greed: 68 | 24h Liq: $358m * BTC ETFs: +$160M | ETH ETFs: +$121M * Top Gainers: AKE, CAP, LOBSTER, AI, LAPTOP * Crypto lower, ahead of Clarity vote today * Dems reject Clarity draft, send counter * Clarity 2026 odds fall to 16% on Polymarket * 114-page crypto tax package skips mining, staking * 18 state AGs urge Senate to reject Clarity Act * Largest US public union AFSCME opposes Clarity * Gillibrand privately pushes Dems to back Clarity * Bank groups demand strict stablecoin yield limits * Crypto has 'not priced in' Clarity: Bernstein * BTC post-quantum roadmap forms around BIP-360 * Strategy buys $139M STRC, Strive adds $37M BTC * ETH ETFs used as CME futures collateral: Bitfinex * Ethereum L1, Base split on AA standards * Robinhood plans voting, redemptions for stock tokens * Pixelmon to discontinue all game development * Revolut gave hackers data on 680 customers * US SBR bill orders study, not BTC buys * CoinEx to shut down * Etherscan launches Robinhood Chain explorer * WLFI proposes rewards for token lockers * BabyDoge acquires LimeWire for creator push * Kraken adds DeFi yield to tokenised stocks, ETFs * Balancer wind-down proposed as revenue stalls * MetaMask adds new scam protections to wallet * Kalshi launches gold, silver perps in US * DOJ seeks $61M Iran oil cash laundered via Binance * UK BTC DAT Satsuma to delist from LSE * FCA, BoE to publish UK tokenisation roadmap * Poland lost $230M on Venezuela oil deal in USDT * UAE to put Avalanche in UAE PASS digital ID * Stock, crypto interest jumps 96% in South Korea * Argentina to share crypto user data under CARF * Ondo expands to Australian markets Macro * NASDAQ: $26,190 (-0.6%) | Gold: $4,290 (-0.3%) * AI sell-off drives US stocks lower * Odds of Fed hike hit 94% * US 10yr yield hits highest since 2007 * US weighs 'phased' deal with Iran * Oil tops $108 as ME routes threatened * US gas prices up 52% YTD * IEA cuts 2026 oil demand forecast by 940K bpd * Fed to buy $15.6B bills for MBS reinvestment * SC rejects Trump bid to restrict mail ballots * 51% odds of Dems winning Senate, per Kalshi * EPA scraps limits on power plant emissions * DOJ uncovers $245M Covid relief programs fraud * US admits for first time it has weapons in space * Supertanker struck by mines in Hormuz: Iran * US could stay in Iran and keep oil: Trump * Houthis launch more attacks on Saudi * UNSC calls emergency meeting on Bab al-Mandab * Ukraine drones hit Russia's Syzran refinery * NATO jets shoot down drone over Lithuania * Russian frigate fires flares at Danish helicopter * Kim Jong Un vows stronger alliance with Russia * US sanctions Russia's VTB for helping Iran * Newsom won't run in 2028 if Harris runs * Kennedy Center could go broke, shut this week * Paramount threatens California exit * House votes to permanently scrap the penny AI & Tech * AI stocks fall on slowdown calls * CrowdStrike, Palo Alto rally as AI fears lift cyber * Trump rings Jensen on stage, brands AI fears 'hoax' * 'Not going to let' an AI slowdown happen: Jensen * AI doomer predictions are 'made up’: Jensen * China rejects AI slowdown calls * Clinton urges US to 'enlist the Chinese' on AI * Schumer demands classified Senate briefing on AI * Microsoft agrees AI is getting dangerous * Microsoft unveils 'Humanist AI' code of conduct * AI boom needs $110B of new power plants: Moodys * OpenAI contractors read users' ChatGPT chats * OpenAI buys Glass Imaging for $300M * OpenAI enterprise revenue +32% m/m in July * OpenAI cut Luna price 80%, usage rose 10x * OpenAI agents' top priority is automating research * Trump met Altman privately at GOP convention * DeepMind researcher quits, says AI 'could kill us all' * Anthropic launches Claude for Financial Advisors * Anthropic won't delay 2026 IPO: Axios * We’re 'highly profitable' excl. big costs: Anthropic * Rumble surges on reported $13.7B Anthropic deal * Anthropic co-founder calls for AI 'kill switch' * Palantir, Nvidia restrict Anthropic, OpenAI models * Google Cloud claims 2.7x price-performance edge * Oracle announces new layoffs to offset AI capex * Apple accepts 30-40% Samsung memory price hikes * Apple releases iOS 27 with Siri AI overhaul * iOS 27 lets users hide location from chosen people * AI brain implant lets paralysed woman speak again * X, SpaceXAI drop antitrust lawsuit against Apple * Amazon, Netflix, YouTube form streaming alliance @YEET: Crypto's Casino Just passed $3.4B in lifetime volume! gm

The market is sending two completely different signals at the same time right now. ➛ $BTC is stuck at $77K. Same range it's been in for weeks. ➛ $HYPE just hit a new ATH at $64.13. Up 46% in 7 days. ➛ $SOL up 15% this week. This kind of divergence doesn't happen randomly. There's a read here. ➛ What's actually going on. $BTC is a macro trade right now. We've talked about this before the DXY correlation is at a 4-year extreme. As long as the Fed stays hawkish and the dollar holds, $BTC doesn't move. It's not weak. It's just being held hostage by the same macro pressure that's been sitting on it since February. Meanwhile $HYPE and $SOL are moving on protocol fundamentals, not macro. $HYPE hit ATH because of real inflows 21Shares ETF, Grayscale's $25M, pre-IPO perps for SpaceX and OpenAI bringing a completely new user base onto the platform. These aren't narratives. These are product milestones driving actual revenue. $SOL is moving because Alpenglow is real, Western Union launched USDPT on Solana, and institutional rails are being built on top of it right now. ➛ Here's my actual read on the divergence. When alts outperform $BTC this aggressively in a risk-off macro environment, it usually means one of two things. Either the broader market is about to catch up and $BTC breaks out too. Or the alts are running ahead of themselves and they retrace hard the moment $BTC gets any macro pressure. The difference between those two scenarios comes down to whether the flows are real or rotational. ‣ If institutions are genuinely buying $HYPE spot through ETFs while staying underweight $BTC that's a structural shift. New money entering through a new product. ‣ If it's crypto-native capital rotating out of $BTC into alts chasing momentum that's a top signal, not a breakout signal. Right now it looks like both are happening simultaneously. The ETF flows into $HYPE are new money. The $SOL and broader altcoin moves feel more rotational. And $BTC dominance is still at 58-60%, which means the rotation hasn't gone far enough to call this a real altseason. ➛ What I'm actually watching. If $BTC breaks above $83K with volume, the divergence resolves bullishly everything follows. If $BTC stays range-bound and alts keep pushing, you're looking at a classic distribution setup where early holders exit into retail momentum. The SBR announcement coming "in the next few weeks" is the wildcard. 328K $BTC officially off the market, no-sell policy codified, potentially first open-market purchase signal for Q4. That's a $BTC-specific catalyst that has nothing to do with macro. If that drops while $BTC is still at $77K, you get the breakout. If it drops after alts have already run 50-100% more, you get a very crowded trade. I'm watching $BTC dominance more than price right now. That's the real tell.