🐶📰 Weekend Update

Today’s newsletter is brought to you by Choose Rich Live!

Our very own Nick O’Neill is has launched a new stream covering crypto, finance, AI, tech, and the stories shaping the internet economy.

If you already follow Nick, you know what to expect: sharp takes, market chaos, founder brain, and the occasional banger you’ll see clipped on the timeline five minutes later.

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BTC $74,655 (-3.4%) | ETH $2,028 (-4.4%) | SOL $82 (-5.5%)

Headlines

• Nvidia beat earnings, increased quarterly dividends 25x, and authorized a $80B stock buyback

• SpaceX officially filed for IPO under ticker SPCX — Disclosed $1.4B in BTC holdings

• Earlier this week the SEC announced the Innovation Exemption could allow third party tokenized stocks to trade on DeFi platforms — These plans were then delayed due to pushback

• US is preparing for another round of strikes on Iran

Finance

• Fed minutes showed a majority of members think a rate hike could be needed

• SpaceX launches on Hyperliquid at $210 and trades over $42M in first 12 hours

• Global bond rates surged — Odds of US inflation crossing 4% hit 97% on Polymarket

• Trump admin invested in a bucket of quantum computing companies

Crypto

• HYPE hit a new ATH over $62 — HYPE ETFs recorded $67M worth of weekly inflows

• American Fortress proposed quantum solution for Bitcoin

• SEC closed Zcash foundation probe with “no action”

• Hyperliquid discusses onchain derivatives with US policy members

AI

• Anthropic to pay SpaceX $1.25B per month until 2029 — Expects June quarter to be first quarter of operating profit

• Andrej Karpathy, previously a founding member of OpenAI, joins Anthropic

• xAI unlocks use of Grok in OpenClaw

• Microsoft AI CEO predicted all white collar jobs will be fully automated in 18 months