HeyJaredBitcoin Roundup
- Indexed articles, last 90 days
- 4
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- Sep 21, 2026
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- Aug 4, 2026
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🔑 Permission not required (opens the original)
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For a year, one of the biggest open questions hanging over bitcoin (and even moreso over altcoins) and its perceived value has been whether Congress would pass the CLARITY Act. On Tuesday afternoon, the Senate answered not now, and probably not this year. The cloture motion got 49 votes, 11 short of the 60 it needed, after 7 Democrats who had spent months at the negotiating table decided the bill’s ethics rules for public officials didn't go far enough. Senator Lummis, who had folded more than a
The invoice (opens the original)
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“If the 30-year must trade at 5.5% to clear, that isn't a crisis. It is an invoice.” So wrote Stanley Druckenmiller in the Wall Street Journal on Tuesday, dressing down his former protégé Scott Bessent over last week’s long-bond buybacks. “This wasn't liquidity management, it was price management.” (Side note: with Druckenmiller writing full articles in a respectable newspaper that were obviously written by AI, perhaps the shame of having AI do your writing for you is coming to an end.) Long-ter
The bears got margin called (opens the original)
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Treasury announced it will double its long-term debt buybacks to at least $4 billion per operation. This means the government is fixing the price of its own debt, which amounts to yield-curve control in everything but name. Secretary Bessent appeared on CNBC and insisted “we can grow our way out of the $40T debt” – while buying the debt back with printed money. Inflation, meanwhile, has sat at over 4% for five years. JUST IN: 🇺🇸 Treasury Secretary Bessent says "we can grow our way out of the $40
Don't be afraid, be aware. (opens the original)
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"Markets have a remarkable ability to bankrupt investors who are fundamentally right," The Market Ear wrote this week about Leopold Aschenbrenner. Aschenbrenner may still be right about AI. His fund, Situational Awareness, returned over 400% betting on that thesis. Then July's AI rout cut his portfolio 67% in a single month, and the leverage that powered the run (as much as 4x!) forced him to sell his entire public book to Ken Griffin's Citadel to raise capital after banks started pressuring the
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