Massive sell-off in Asian Markets this morning (and Korea market was closed)
Over $970 billion has been wiped out from Asian stock markets today. 🇯🇵 Japan: $350B erased (51 trillion yen) 🇨🇳 China: $360B erased (¥2.6 trillion yuan) 🇭🇰 Hong Kong: $110B erased (HK$860 billion) 🇹🇼 Taiwan: $140B erased (NT$4.1 trillion) 🇦🇺 Australia: $10B erased (A$15 billion) Nearly $1 trillion has been wiped out across Asia in a single trading session. Source: Crypto Rover
China is forcing AI prices lower
DeepSeek V4 Flash costs $0.09 per million input tokens. GPT-5.5 and Claude Opus 4.8 cost around $5. That's ~55× cheaper. Source: Lukas Ekwueme
Global electricity consumption by data centers
Source: zerohedge
In case you missed it
Apple $AAPL surpasses Nvidia $NVDA as the World's Most Valuable Company ($4.92 Trillion vs. $4.86 Trillion in early hours trading) Source: Barchart
SPACEX HAS JUST CALLED OFF IT’S MAJOR TEST MISSION OF STARSHIP ROCKET AT THE LAST MOMENT
$SPCX Source: Gurgavin on X
The EIA just published a warning today that reported Cushing inventory may overstate how many barrels are actually usable as stocks approach tank bottom levels.
This is the exact mechanism from the storage schematic covered in the below post. The suction line near the bottom of a tank means the last portion of reported inventory was never really accessible. If Cushing tightens further, the headline barrel count will look higher than what the market can actually draw on. Watch operationally accessible barrels. Source: Jack Prandelli on X
Lyn Alden's 'ORANGE JUICE' Raises $40 million to launch a permanent capital holding company backed by a BTC treasury
"It’s a company that acquires, improves, and permanently holds cash-flowing businesses, backed by a bitcoin treasury" - Lyn Alden Source: Bitcoin Magazine
Trump's own teleprompter operator got caught betting on his speeches before he gave them, per ABC news.
Gabriel Perez, who has run Trump's teleprompter since 2016, made over $100,000 betting on Kalshi's "Mentions" market, where users bet on specific words or phrases said during a speech. CFTC investigators found he placed bets on more than a dozen speeches over three months, including the State of the Union, a Davos address, and a Medal of Honor ceremony. Kalshi flagged the activity itself and referred it to regulators. Perez is now in settlement talks with the CFTC, and he still holds his job today. Source: Bull Theory
