Arthur Hayes argues that the signal for Bitcoin is not a political slogan from Washington but the level of the US 10-year Treasury yield. In his latest piece, Hayes says both former Treasury Secretary Janet Yellen and current Treasury Secretary Scott Bessent end up choosing liquidity-creating measures when the 10-year yield nears 5%, even if their public messaging differs. He revisits late 2023, when Yellen increased Treasury bill issuance and helped pull money out of the Federal Reserve’s reverse repo facility, and contrasts that with Bessent’s current toolkit, including a larger long-end buyback program and support for broader use of the FIMA facility. Hayes argues that these steps are all aimed at keeping long-term borrowing costs from rising too far. His broader claim is straightforward: when the Treasury and the Fed lean toward yield suppression, dollar liquidity expands, and that tends to lift risk assets, including Bitcoin. Hayes points to the drop in reverse repo balances from about $2.5 trillion to $100 billion by the time Bessent took office on Jan. 20, 2025, and says that liquidity shift helped support both the Nasdaq 100 and Bitcoin. He adds that if Bessent escalates support as market stress builds, Bitcoin could respond in the same direction again.

Morgan Stanley has raised its estimate for the AI scale-up networking opportunity in 2030 to about $70 billion, more than four times last year’s forecast. The bank’s latest note does not argue that co-packaged optics, or CPO, is about to break out. Its point is almost the opposite: as AI clusters move from single-rack systems to multi-rack deployments, the overall back-end networking market grows sharply, but short-distance links still favor copper for now on cost, latency, and power. In Morgan Stanley’s timeline, CPO penetration in scale-up networks stays near zero in 2026 and 2027, starts to appear in 2028, and only reaches a meaningful 20% to 30% by 2029 to 2030. That sequencing shapes the list of likely winners. Companies helping copper run faster and farther, including Astera Labs, Broadcom and Semtech, are positioned to benefit earlier. Keysight Technologies stands out because broader architectural fragmentation across NVLink, UALink, SUE, PCIe and cloud-specific interconnects drives more testing demand regardless of which link technology wins. By contrast, Corning, Lumentum and Coherent offer more upside if large GPU domains arrive on schedule and optical content expands materially. Morgan Stanley’s view is that the market is getting bigger, but the path to large-scale optical adoption still depends on platform timing, manufacturing maturity and customer willingness to absorb complexity in packaging, maintenance and supply chains.

JD Vance's net approval has dropped 21 points to -18, the lowest for any VP in modern polling. Despite this, he leads Polymarket with 18.9% and Kalshi with 21% in the 2028 presidential race, though Gavin Newsom is closing the gap.

Rep. Alexandria Ocasio-Cortez called for Trump's removal over unauthorized Iran strikes, alleging self-enrichment through crypto and prediction markets. Trump announced a two-week ceasefire, sending oil prices down, but the political battle intensifies.

After Trump announced a two-week ceasefire with Iran, Rep. Alexandria Ocasio-Cortez called for his removal and accused the administration of profiting from wartime chaos through crypto and prediction markets. The ceasefire eased oil prices, but political and market integrity questions remain.

After Trump announced a two-week ceasefire with Iran, Rep. Alexandria Ocasio-Cortez called for his removal, accusing him of waging unauthorized war and enabling corruption tied to crypto and prediction markets.

After Trump announced a two-week ceasefire with Iran, Rep. Alexandria Ocasio-Cortez called for his removal and renewed allegations involving unauthorized war powers, crypto-linked profiteering, and suspicious prediction market activity.

TAOCat by Virtuals (TAOCAT), Bittensor's first self-improving AI agent token, has a circulating and max supply of 1 billion, with an all-time high of $0.08. Developed by the Masa team, it combines Bittensor and Virtuals protocols, sparking renewed interest in AI+crypto narratives.