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JUST IN: 🇯🇵 Japanese yen rises to highest level since May.

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JUST IN: 4,000 Bitcoin worth $320 million withdrawn following Liquid Network hack.

The hacker is now communicating with network maintainers through on-chain Bitcoin transactions & intends to return the $BTC after the vulnerability is fixed.

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Weekly Recap:

• Senator Bernie Sanders introduces bill to ban AI that exceeds human intelligence permanently.

• Bank of America VP Erin Piacenti killed in Times Square stabbing.

• 'Rich Dad Poor Dad' Robert Kiyosaki reveals he is $1.2 billion in debt.

• President Trump calls on the Fed to cut interest rates.

• SEC Chair Paul Atkins expects the Crypto Clarity Act to pass this month.

• British celebrity Katie Price divorces husband after finding just $3 in his crypto wallet despite claiming he had $50 million.

• Netherlands moves $12.1 billion in gold from the US and Canada.

• Elon Musk says PlayStation and Xbox consoles will connect directly to Teslas.

• US secures majority control over 65 billion barrels of Venezuelan oil.

• John Ternus replaces Tim Cook as Apple CEO.

• US Mint puts the 2026 Trump $1 coin into circulation.

• NSA drops opposition to the Crypto Clarity Act.

• Trump says the stock market should rise "like a rocket ship."

• Canada loses 41,700 jobs amid its US trade war.

• Ripple signs multi-year sponsorship deal with the University of Florida.

• Prime Minister Carney says trade talks will resume when Americans "stop doing memes."

• Russia's new cryptocurrency law takes effect.

• SEC plans roundtable on 24-hour stock trading.

• G20 agrees to develop crypto and stablecoin regulations.

• Apple CEO John Ternus to receive $58 million pay package in 2027.

• Bessent says America must grow its way out of debt.

• Michael Saylor's 'Strategy' buys 4,603 Bitcoin for $369 million.

• Bessent says Hormuz will be bypassed and "worthless" within two years.

• Coinbase CEO says banks oppose crypto competition.

• OpenAI launches its most powerful model, GPT-6 Astra.

• SEC proposes rules supporting blockchain-based securities transactions.

• Coinbase files to offer perpetual stock trading in the US.

• Trump says AI will create millions of jobs and cure diseases.

• Trump proposes renaming Hormuz the "Trump Strait."

• Tom Lee's 'BitMine' buys 53,501 ETH for $131 million.

• President Trump threatens to stop trading with countries the US has a deficit with if interest rates are not lowered.

• World's largest sovereign wealth fund plans deep US Treasury cuts.

• Fed Chair Warsh says a global investment surge is underway.

• Nvidia acquires Hugging Face for $12.93 billion.

• Hyperliquid and Kraken's parent discuss entering the US market.

• Elon Musk says X recorded its highest-ever monthly downloads.

• Atkins calls the SEC's crypto proposal its most historic step yet.

• Treasury Secretary Bessent says oil prices are going to come down.

• US unemployment holds at 4.1%.

• $400 billion Standard Chartered launches institutional spot crypto trading in the UAE.

• Apple accuses OpenAI of destroying crucial evidence.

• Coinbase signs Canadian crypto infrastructure deal with Webull.

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This is still the best Bitcoin explanation of all time

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Media is too big
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🇺🇸 US dollar has lost 97% of its purchasing power since the Federal Reserve was created.

A $3 item in 1913 would cost $100 today.

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JUST IN: Elon Musk says he does not have a "big pile of cash."

"I have stock in SpaceX and Tesla."

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FUN FACT: 15 years ago today, Bitcoin was $8

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JUST IN: Elon Musk says you will be able to plug PlayStation or Xbox consoles directly into your Tesla.

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JUST IN: Michael Saylor's 'Strategy' Bitcoin investment is currently at a $4,930,000,000 unrealized gain.

$MSTR gains since the company began its BTC investment in 2020:

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JUST IN: 🇺🇸 President Trump says economic growth does not cause inflation, "stupidity" does.

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JUST IN: Stock and commodity trading on crypto platforms surges to $778,000,000,000 in August.

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JUST IN: 🇺🇸 Federal Reserve now projected to raise interest rates by 25 bps this month after August jobs report nearly triples expectations.

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JUST IN: Robinhood CEO Vlad Tenev says "we stand behind stock tokens."

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JUST IN: 🇨🇦 Canada loses 41,700 jobs in August as trade war with the US continues.

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JUST IN: 🇺🇸 President Trump threatens to stop trading with countries the US has a deficit with if interest rates are not lowered.

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JUST IN: 🇺🇸 White House Hassett says the case for the Federal Reserve to keep interest rates unchanged is "very strong."

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