I've never seen a Treasury Secretary throwing rocks at The Federal Reserve

Seems like an interesting bit of financial engineering that could wind up absorbing a significant amount of BTC.

Read that again. In ten years, the average age of the viewer went up by eight years. That means that there are almost no net new TV watchers. We are witnessing the slow-motion death of TV and traditional media.

Dumb statement of the week.

Perhaps the biggest winner in the 2024 US election was XRP. But why?

Over the last couple of weeks, $XRP has staged an impressive rally. I confess I've never understood the point of it.

➥ All You Need to Know About $YALA Bitcoin's future allure is undeniable, especially with RWA and institution giants stepping in. So, where should we position ourselves? @yalaorg could be the answer and key to unlocking Bitcoin's true potential and liquidity. Let's dive in 🧵 ... — What is Yala? Yala is a decentralized protocol that aims to unlock Bitcoin's liquidity and seamlessly integrate it with DeFi and real-world applications. The process is straightforward: users simply deposit $BTC to mint $YU, a stablecoin backed by overcollateralized Bitcoin, and use it across multi-chain DeFi protocols. To date, Yala already achieved significant milestones: ➠ $214M TVL with 1670 BTC staked ➠ 119M YU minted ➠ 30+ prominent Web3 protocols integrate Yala (Incl. RWA protocol), such as: ✧ @babylonlabs_io ✧ @BotanixLabs ✧ @Bitfi_Org ✧ @centrifuge ✧ @Cobo_Global ✧ @Cookie3_com ✧ @eulerfinance ✧ @Equilibriafi ✧ @FordefiHQ ✧ @KaminoFinance ✧ @MeteoraAG ✧ @nubit_org ✧ @cubistdev ✧ @pendle_fi ✧ @Penpiexyz_io ✧ @RaydiumProtocol ✧ @RateX_Dex ✧ @PythNetwork ✧ @NX_Finance ✧ @solayer_labs ✧ @plumenetwork ✧ @Stacks ✧ @switchboardxyz ✧ @Uniswap ✧ @Securitize ✧ @trmlabs Let's focus on the main menu, $YALA, which is set to launch soon. ... — $YALA - The Core Economic Engine of Yala YALA serves multiple purposes within Yala ecosystem: ➠ Governance Participate in decision-making by voting, proposing improvements, and locking tokens as $veYALA. ➠ Security Enhance protocol security by staking YALA in the Notary Bridge system through @LayerZero_Core decentralized verifier networks. ➠ Stability Pool Rewards Earn YALA by depositing YU into the stability pool, absorbing system debt during liquidations, and gaining liquidation collateral and fees. There will be maximum of 1,000,000,000 YALA with breakdwn of distribution as seen in the graphics (including airdrop for Berries user). The vesting period for each category follows a structured format to prioritize long-term alignment and support sustainable ecosystem growth. ... — Wrap-Up Yala positions itself as the protocol that unlocks Bitcoin's liquidity. Beyond that, it establishes a robust foundation for BTCFi by incorporating RWA assets. I believe Yala could accelerate the BTCFi ecosystem, creating a powerful flywheel impact. P.S.: The airdrop checker is now live. The snapshot was taken on July 8, 2025. For more details, see the link in the post below.

Interesting that over 35% of Democrats voted for this.

Pendle : the new institutional playbook in DeFi Thriving through different market cycles into its 4th year, @pendle_fi has been quietly evolving from a savvy yield-layer platform into a multi-pronged institutional powerhouse, here’s why you should be ultra bullish. For any DeFi protocol, graduating into institutional-grade infrastructure signals a deeper, more mature phase of growth. With a unique fixed yield primitive and a rapidly growing ecosystem, Pendle is poised to become the foundation for institutional access to DeFi yield. ⛩️Pendle V2: Better, Faster, Stronger As we step into a new growth phase, the revamped V2 with sleeker mechanisms is opening up for all the most popular protocols in DeFi, especially yield bearing stablecoins as the strongest asset, offering more sustainable and competitive yields. With over 100 active pools, Pendle is now the indispensable yield market for all. ⛩️Pendle PT dominance Pendle PTs are reshaping the role of collateral in DeFi. Today, over $2.67B worth of PTs are actively used as collateral—and that number’s growing fast. As of today, @aave alone holds over $2.1B in PTs, a staggering endorsement of the model. The protocol has raised supply caps multiple times to keep up with demand. These assets now represent a core yield-bearing layer for lending protocols, enabling capital efficiency while introducing fixed income concepts familiar to TradFi. With cross-chain PTs on the horizon, PT is set to unlock a new wave of adoption across broader lending markets. ⛩️Boros: the ultimate yield trading monster Unlocking funding rates as a robust new yield source, we are taking bold steps to unleash this new beast as its power will be unparalleled. The very first fully on-chain order book of @boros_fi with unprecedented capital efficiency will offer a wide variety of trading strategies. ⛩️The Ethena Squad :Institutional Synergy in Motion Pendle’s deep integration with @ethena_labs is more than a partnership—it’s a strategic alliance. With over 60% of Ethena’s TVL empowered by Pendle, this partnership is growing stronger by day. As a launch partner, Pendle’s unique yield-trading mechanisms will continue to play a crucial role in the growth of @convergeonchain , designed for institutional plays. This Ethereum-compatible chain blends permissionless DeFi with KYC-compliant tokenized RWAs, such as BlackRock’s BUIDL. With strong liquidity flowing into @etherealdex , @Terminal_fi is also gaining traction, attracting over $60 million in liquidity in the blink of an eye. In a nutshell, Pendle is doing what ETFs, swap desks, and structured product desks do in TradFi—but on-chain, composable, and 24/7. Pendle will keep proactively building the infrastructure to lead the way, as Institutional adoption becomes the next step for DeFi. Job's not done, more actions. Pendle

U.S. 🇺🇸 Bitcoin ETFs bought 23,610 Bitcoin this week. Only 3,150 were mined.