Hard to describe the feeling. At last, friends, I present to you the hardcover edition of Bitcoin Age. This is my opus to ₿itcoin. amazon.com/dp/1736110578/

Global macro is multidimensional. I find it challenging and fun because you never can really know how things are going to play out. The US dollar S&P strength of 2026 is one of those dimensions that you must throw out your priors and assess at face value. Sec of Vol Bessent!

The dollar was supposed to weaken this year, which would be a big tailwind for Bitcoin and risk assets. Nik walks through why it hasn't, and why everything in play is pushing it the other way. Nik's latest with @_Checkmatey_ from @_checkonchain, full video on Substack.

GM GM It's a GM culture, say it back! Count your blessings!

What a fascinating interview with @JohnTinsman As a portfolio manager of a tech equity ETF, he explains why he's invested in companies experiencing off-the-charts earnings growth due to the AI revolution. We also chat SpaceX. The United States is accelerating!

🚨 NEW VIDEO 🚨 The AI Stocks Growing 1000% (and Still Cheap) with John Tinsman @JohnTinsman on why the AI buildout is a genuine revolution, the SpaceX deal that cost a few billion to build and brings in $45 billion, and why these data center assets are going up in value.

bitcoiners when it's down 50%: meh bitcoiners when it bounces 5%:

A lot of you have asked for a full walkthrough of TBL Pulse. The recordings are now live: how we use liquidity to read bitcoin, how the signal works, and how to navigate each section. Free for everyone, no account needed: research.thebitcoinlayer.com…

this is my quant

Bitcoin's weekly RSI has slid into the low 30s, and a bullish divergence is forming on the weekly chart: price keeps grinding to lower lows while momentum carves higher lows. The same setup has shown up at every major bear market bottom in bitcoin's history, three of them confirmed so far. @JohanMBergman digs into it in TBL's latest letter, and what stands out this time is that the divergence is turning up in more than one of the datasets we track.

The AI data center boom is exposing what bitcoin miners have argued for years: flexible load matters on an increasingly stressed grid. From @DSBatten

I Listened to @timevalueofbtc and @DSBatten on The Bitcoin Layer yesterday and my brain was rewired. Batten argues Bitcoin may solve an energy problem before society ever accepts that it solved a monetary problem. That puts it on a completely different adoption path than anyone is pricing in. Power grid math backs him up. Duke’s Nicholas Institute modeled the 22 largest US balancing authorities, 95 percent of national load, and found the existing grid can absorb 76 GW of new demand with zero new power plants if that load powers down just 0.25 percent of the year. About only 22 hours. At 1 percent it absorbs 126 GW. The catch is AI cannot use that emergency buffer and headroom . Training and inference aka your ai models and services need firm 24/7 power, and Texas alone saw 438 GW of large load requests in early 2026, five times what the whole state draws. Bitcoin miners are the one industrial load that drops to zero in seconds, and they curtailed 888 GWh voluntarily in 2023. This is the GPU story running again. Graphics cards were built for gamers and ended up training frontier models. ASICs were built to mine blocks and their second act might be stabilizing the grid that AI is breaking. The whole network draws about 11 GW. ( Red Dash line) Tiny next to the queue. Flexibility is the scarce asset, not megawatts, and right now one industry sells it. Thoughts? bitcoin:native

guys did you see gold today

Did you know that European grid operators are secretly mining bitcoin so they can proclaim to have "flexible" energy demand? @DSBatten explains bitcoin's new role in electricity and why it might matter more than its monetary uniqueness.

HAVE AN AMAZING DAY

Brent crude below $90

First new Bitcoin podcast for some time All new stuff in here - why some miners are paying -2c/kWh for power - why "Bitcoin Will Fix Energy Before Money" - why the mainstream is now a hair-breadth away from seeing the first (of many) society-transforming uses of Bitcoin

"When we talk about stablecoins, what we're really talking about is giving the world access to Bitcoin as first-layer money." Nik Bhatia (@timevalueofbtc) explains how dollar denominated stablecoins directly benefit Bitcoin. 🇺🇸

🚨 NEW VIDEO 🚨 AI Is Breaking the Power Grid, and Bitcoin Is the Fix @DSBatten on how AI data centers are pushing power grids to the brink, and why bitcoin mining may be the only thing that lets grids handle renewables and AI load at once.

The time value of money denominated in US dollars has been about 4.33% for a few years. This has proven to be a fair benchmark level for the US economy to expand credit and increase productivity. Earnings growth is also explosive.