Not sure the market priced this in. Big.
Polymarket@Polymarket
JUST IN: NBA player Kyle Kuzma declares "quantum compute" is the next technological frontier after artificial intelligence.
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Tim Hite
2.1K posts
Tim Hite
@TimHite
Director - PolicyPartner. Fmr. Senior Counsel on Capitol Hill covering digital assets/fintech/AI. Views are my own.
Washington, DC Katılım Temmuz 2017
1.4K Takip Edilen900 Takipçiler
Tim Hite retweetledi
Tim Hite retweetledi
I was in the stands at the 2008 Richmond race. The anger towards Kyle Busch for taking out Dale Jr was unlike anything I have ever seen.
If another a driver had done that same thing to Kyle today under the same circumstances, I think fans wouldve been just as angry.
Busch was so easy to dislike in his prime, but grew on everyone as he got older. That 'villian-to-hero' arc is something only legends can accomplish. RIP.
youtu.be/byxgquY9aIo?si…
YouTube
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Tim Hite retweetledi
Absolutely cannot comprehend this news. We just need to think of his family during this time. We love you KB.
NASCAR@NASCAR
We are saddened and heartbroken to share the news of the passing of Kyle Busch, a two-time Cup champion and one of our sport's greatest and fiercest drivers. He was 41 years old. We extend our deepest condolences to the Busch family, Richard Childress Racing and the entire motorsports community.
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Tim Hite retweetledi
Stated differently: Up 25% YoY.
Jason Mikula@mikulaja
Only 10% of Americans reported using crypto for any reason in 2025 -- down 2pp vs. the YOLO days of 2021, per Federal Reserve report:
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Tim Hite retweetledi
As you watch Aaron Rai in the PGA Championship, you might notice he uses iron covers for his clubs and wears two gloves — two habits often viewed as golf faux pas. But both are actually inspiring.
Rai grew up in a working-class family in England, where his father sacrificed heavily to support his golf career. When Aaron got an expensive set of irons as a kid, his dad would clean every groove with a pin and baby oil after practice because the clubs meant that much to them. The iron covers became a reminder to appreciate what you have.
And the two gloves? Rai started wearing them as a kid during cold-weather golf in England and eventually became so comfortable with the feel that he never stopped.
Not gimmicks. Just gratitude… and comfort.
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@TimHite @SenRubenGallego @Sen_Alsobrooks @SenThomTillis @SenLummis you’re right they are currently scheduled to be off week of july 27
we think house could push that recess though, hence the “or”
week of july 20 is currently last scheduled house session week before aug recess
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watching thursday’s senate banking markup of clarity, i have to admit i felt proud to be an american
watching @SenRubenGallego and @Sen_Alsobrooks bravely cross the aisle, @SenThomTillis crouch by alsobrooks negotiating, and @SenLummis offering 5 compromise amendments to a legislative package she’s worked on for 4 years, was really a sight to behold
many in crypto policy circles by wednesday night were resigned to a pure partisan markup thursday, which some thought would diminish (perhaps severely) the odds of clarity final passage on the floor
instead bipartisan CLARITY lives to fight another day, and there are more fights ahead. i detail the timelines and likelihoods in the report below
Alex Thorn@intangiblecoins
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Tim Hite retweetledi
Financial services Republicans discussed some of the GOP hardliner issues with the new CBDC language in the House housing text during their meeting this morning, but the feeling is it has been fixed as much as possible and can't be taken out, per three people
Freedom Caucus Chair Andy Harris just told @kelseybrugger he’s thinks the housing bill passes on suspension next week and it seems like a done deal
But other hardliners are still upset
Speaker Mike Johnson just said he will put the bill on the floor next week
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Everyone has that one friend:
-Down for whatever/whenever.
-Wears whatever.
-Just wanders off to get street food
unusual_whales@unusual_whales
Nvidia CEO Jensen Huang was spotted eating Beijing’s famous fried bean sauce noodles.
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NEW: 50 empty Waymos invade Atlanta neighborhoods and circle their cul-de-sacs for hours early in the mornings.
Residents say they are getting waymo traffic than usual and have tried combating the cars with a neon green sign, which only made the problem worse.
The Waymos didn't know what to do and clogged the entire street.
"We have small animals and pets, got kids getting on the bus in the morning, and it just doesn’t feel safe to have that traffic," one resident said.
The residents say Waymo has not given them a response yet.
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This guy is now going to be on every panel at every conference
CoinDesk@CoinDesk
NEW: Drake raps "I'm a BTC crypto big timer” on his new album Iceman.
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In 1818, President Monroe tasked General Andrew Jackson with securing the Florida panhandle border against Seminole raids.
Jackson did that. Then he took it upon himself to go to Pensacola - then the capital - and effectively took over the territory.
This news shocked Congress and the Monroe administration, so they made him give it back.
The U.S. then acquired the territory diplomatically the next year.
Ramin Nasibov@RaminNasibov
What historical fact sounds fake but is true?
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Tim Hite retweetledi
A pre-markup reading list
Banks are at odds with their longtime GOP allies — & themselves — over the bill w @AidenReiter: politico.com/news/2026/05/1…
Voters don't care w @declanharty: politico.com/news/2026/05/1…
Why cops are mad: subscriber.politicopro.com/article/2026/0…
Ethics subscriber.politicopro.com/article/2026/0…
Jasper Goodman@Jasper_Goodman
NEW: Crypto’s moment of truth in the Senate One of the biggest financial policy fights Congress has seen in years is set to come to a head this morning in the Senate Banking Committee politico.com/newsletters/mo…
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@tphillips Which rules, specifically? If most banking rules were developed to address the risks associated with a fractional reserve banking system, that would be odd to apply the same here?
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Here's my modest proposal for addressing the yield issue once it gets to the Senate floor: Let stablecoin issuers pay yield directly while complying with the same rules as banks.
openbanker.beehiiv.com/p/outsideboxst…
Sander Lutz@sander_lutz
Banking policy leaders now signaling that if they lose on stablecoin yield at Thursday's Clarity markup, they will ramp up their fight for changes on the Senate floor. "Thursday is Thursday, and there are 24 members who will opine, and we still have 76 members left to go before this thing is finished," one banking leader told me today. Alsobrooks + Tillis seem poised to stay put with their new yield compromise, however, even though banks don't like it. After banking trades released proposed changes to the deal Friday, an Alsobrooks spox told me the senator stands by her + Tillis' earlier statement that they "respectfully agree to disagree" w/ banks on yield. "It can't be a compromise if both sides don't agree to it," a frustrated banking trade leader also told me today. The trade leader also threw some shade at crypto for how they've navigated the process. "We don't debate this on X," they said. "We're very professional. X is really not, you know, the proper place to negotiate this."
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I know crypto twitter is jumping on this and I get it.
Fwiw- I talked to two Senate R offices yesterday that weren't on the Banking Committee, just to gauge their perspective.
They havent heard from anyone in crypto in quite a while.
Sander Lutz@sander_lutz
Banking policy leaders now signaling that if they lose on stablecoin yield at Thursday's Clarity markup, they will ramp up their fight for changes on the Senate floor. "Thursday is Thursday, and there are 24 members who will opine, and we still have 76 members left to go before this thing is finished," one banking leader told me today. Alsobrooks + Tillis seem poised to stay put with their new yield compromise, however, even though banks don't like it. After banking trades released proposed changes to the deal Friday, an Alsobrooks spox told me the senator stands by her + Tillis' earlier statement that they "respectfully agree to disagree" w/ banks on yield. "It can't be a compromise if both sides don't agree to it," a frustrated banking trade leader also told me today. The trade leader also threw some shade at crypto for how they've navigated the process. "We don't debate this on X," they said. "We're very professional. X is really not, you know, the proper place to negotiate this."
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