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๐Ÿ‡ฎ๐Ÿ‡ท Iran Launches Retaliatory Operation

Iran has launched a military operation against the US in response to American strikes, Iranian media report. BTC briefly fell below $77,000.

Tehran said US military bases and US-linked facilities across the region would be targeted with missiles and drones, signaling further escalation.

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๐Ÿ’ธ $7.75B Shorts at Risk

Nearly $7.8 billion in short positions face potential liquidation.

If Bitcoin rises to around $87,270, about $5.18 billion in shorts could be liquidated.

For ETH, a rise to roughly $2,738 could put another $2.65 billion at risk, bringing the total to $7.75 billion.

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๐Ÿ”— OnChain: $USDT

Over the past month, USDT supply on Tron increased by $4B to $94.27B, surpassing the total supply on Ethereum.

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๐Ÿช™ Binance Adds Stock Options

Binance launched options on US stocks and ETFs. One account now supports crypto, stocks, perpetual futures and options.

Initially, only Call and Put purchases are available, so maximum loss is limited to the premium paid. Real-share settlement runs through Alpaca.

August TradFi perpetuals volume reached about $433 billion, including roughly $343 billion in stock-linked instruments.

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A $5M Nasdaq corporation was tokenized, and a meme tied to it is worth $46M as madness continues on Robinhood.

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๐Ÿ”— Robinhood Chain Hits $1.55B

On September 1, Robinhood Chain DEX volume reached $1.55 billion, while TVL exceeded $750 million.

Memecoins unexpectedly became a key driver. Tens of thousands are issued daily, and memecoin-stock pairs recorded $217 million in volume. Arkham says the chain now generates more fees than Solana, Base and Ethereum. Built for tokenized stocks, it is memecoins doing the pumping ๐Ÿ˜‚

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๐Ÿ‡บ๐Ÿ‡ธ US Market Eyes 24/7 Trading

On September 17, SEC will hold a roundtable on moving the US stock market to 24/7 trading. Discussions will cover liquidity, overnight oversight, clearing and technical infrastructure.

The regulator also proposed major updates to securities transfer and record-keeping rules, including possible blockchain use for issuing and transferring shares.

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A handy tracker for stock-linked meme tokens on Robinhood.

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๐Ÿค“ OpenAI Unveils GPT-6 Astra

OpenAI has unveiled GPT-6 Astra, its new flagship model focused on computer use. It can independently interact with interfaces, browsers, and terminals, complete multistep tasks, and write code.

OpenAI says Astra performs strongly in mathematics, programming, science, and professional work, and outperforms Fable 5.1 on many benchmarks. The company also highlighted progress in understanding user intent.

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๐Ÿ•ฏ Loracle Bets Against AI

Loracle has opened $75M in shorts from a $61M account, betting heavily against the Robinhood ecosystem and memory-chip makers. Positions include 22M Cashcat worth $6M, 9.13M PONS worth $5M, plus SNDK at $24M, NVDA at $19M, and Micron at $10M. Liquidation levels are $0.68 for Cashcat and $1.59 for PONS.

Previously, Loracle cited a scenario from Derivative Monke. A new Claude model, successor to Fable, will arrive in late September and disappoint, convincing markets that AI has hit a wall. Open-source models will catch up before reaching a similar limit by late October.

Anthropic will reportedly launch an IPO in late October at a $2T valuation, triggering an isolated AI industry crash as private investors create excess supply and retail investors recognize the growth story as marketing hype. A Fed rate hike around the same time would worsen the market cascade.

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Polymarket launches futures trading with up to 20x leverage on crypto, stocks, and commodities.

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๐Ÿ“ˆ Bitcoin-Gold Correlation Peaks

Bitcoin-gold correlation hit a six-year high. The 90-day BTC-gold relationship rose to 2020 levels, while correlation with stocks fell to a low. Bitwise research chief Andre Dragosh linked the move to August macro events.

After US Treasury bond purchases, Bitcoin rose 22.4%, gold gained 5%, and stocks fell. Investors are increasingly hedging currency-devaluation risks through both assets, with Bitcoin acting as an โ€œamplified version of gold.โ€

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we're back

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At some point, you have to stop thinking and start moving.

You want the money? Go make it.

You want the girl? Go talk to her.

You want the life? Go build it.

Nobody is coming to hand it to you.

Get out of your own way and take your shot.


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How do I tell my family that I gave up my law career for this

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Inside the worldโ€™s largest Bitcoin mine.

Riot Platformโ€™s Texas facility computes the SHA-256 math algorithm 10,500,000,000,000,000,000x every second in a global race to find the next block of the blockchain.

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