AI Summary
The SMB crypto news show covered Trump's Iran sanctions, space expansion, AI backlash, and Bitcoin's surge past $70k, with markets turning greedy.
- Trump declared an economic "D-Day" against Iran, threatening severe consequences for any country or entity aiding it, following the collapse of a 60-day diplomatic window.
- Treasury Secretary Scott Bessent warned of unprecedented measures targeting oil smuggling, financial transfers, ship registries, and front companies; Brent crude jumped to around $94 a barrel.
- China buys more than 80% of Iran's oil exports, raising doubts about whether Washington can squeeze Iran's revenue without disrupting global energy markets.
- Trump ordered a major expansion of commercial space activity, targeting 1,000 launches and reentries annually by 2030, up from 178 last year, and directed NASA to expand commercial transport to the Moon and Mars.
- Trump defended the rapid expansion of AI data centers, citing jobs and tax revenue, but admitted the industry needs "PR help" amid backlash over electricity costs, water usage, and environmental impact.
- Bitcoin surged above $70k for the first time since June, helped by $3 billion in short liquidations and renewed optimism after Trump's meetings with crypto executives; institutional holders accumulated ~$2.75B in Bitcoin over 60 days.
- Trump urged Congress to advance the Digital Asset Market Clarity Act, signaling a more supportive US crypto regulatory environment.
- Total crypto market cap spiked 10% to ~$3 trillion, with the fear/greed index jumping from 40 to 60 (greed).
Watch both geopolitical oil risks and crypto regulatory progress this week—they could drive the next big market moves.
Transcript
Let's go let's go let's go let's go we got five more minutes lesion down manager drop an extra
That's for the two things I got box shots that's for the brimstick
Hitching in one of these mentioned you can get in a card in me arm
Kevin the time that king for the Dio a D's head is a go-to ladder
Just it for the G.O spray a start is link for the final
Four full concept got four and thing in my accent
He's out much to come to land dress to the roof and I put a funeral left and seven
I'm getting a hundred is up to start they know discussion
All of us let him burn but you don't know these ashes
In the
Confidence see that boy I'm a gun like met you when he don't trust them
Came from Holland, but it's a rushing getting a card. Oh go up cruising
Newton deal with the newton you just bet it deal with the axis bar
Had the old you thought the season broke but Nick would have called him out in nice go window
So a tune us go let's go let's go let's go
We got one more for you miss is for you can't
Do you know something common sending up is a Friday wake up
Oh ladies and gentlemen wake up
I'm putting on
49 what is it 49 48 48 minutes now 14 hours 58 minutes
That's what it is 28 seconds. Yo dm I see around the corner next week's under a fly
I'll be there on the Monday not this Sunday next next Sunday and then the following Monday yo exciting times countdown
Continues grateful for another day grateful to be here 9 a.m. EST every single day with your boy with the SMB
alongside your co-host anthem and drove CSN crypto spaces dot net is where you'll find us do journal dogs every single day on X and this Friday
It seemed like one man has dominated the whole news
President Donald Trump has declared an economic D-Day against Iran threatening
service economic
consequences
for any country
Sorry severe economic consequences for any country or entity that helps to ran the move follows the collapse of the 60-Day diplomatic window focused on Iran's nuclear program and the straight up her moves
Treasury Secretary Scott Besson has warned of unprecedented measures targeting oil
smuggling
financial transfers
exchange houses
ship
registries and
Front companies
Iran has called the campaign economic terrorism while brain crude oil clums to around $94 a barrel
Washington
However, faces a major challenge it seems China buys more than 80% of Iran's exported oil
While to ran has spent years building shadow fleets and alternative trading networks designed to bypass sanctions
So the real question is obviously simple whether the US can impose more sanctions
And it's whether Washington can actually squeeze Iran's revenue without creating even greater disruption across global energy markets
Let's see what else we've got here
I see President Donald Trump has also ordered a major expansion of US commercial space activity
targeting a thousand launches and re entries annually by 2030
That's a massive increase from the
178 launches and re entries recorded last year and federal agencies will
Identify additional launch and reentry sites including locations on federal land while reducing government activities
That competes directly with commercial space companies the memo also directs NASA to
Expand commercial transportation to the moon and robotic missions to Mars
Boom crazy stuff space x conducted around 170 launches in 2025
showing just how central
Commercial operators have already become in America's space strategy
Interesting
Trump is also continuing to defend the rapid expansion of AI data sensors
arguing that they bring jobs and tax revenue despite
growing public backlash even Trump acknowledges that the industry needs a little public relations help as
Communities raise concerns about electricity electricity costs to water usage and environmental impact
Uh to do to do anything else here now pretty much just a bunch of backlash on that
What else we got?
Bitcoin yo yesterday speech yesterday Trump obviously
with the the crypto administration
Executives whatever you're calling them big coin obviously has surged above 70k for the first time since June
Helped by the US treasure treasure yields roughly three billion dollars in short liquidations and renewed optimism following Trump's meetings
with the crypto executives
Institutional demand is also strengthening large holders have reportedly accumulated around 2.75 billion dollars in Bitcoin
Over the past 60 days while US spot Bitcoin ETFs continue to record strong in flows nice
Trump has also urged Congress to advance the digital asset market clarity act adding the
Ex-expectation that the United States could move
Towards a more supportive crypto regulatory environment
Very nice. Let's take a look at prices today
Take a look at the volume
Holy shit
Wow fear ingredient indexing greed yesterday we were just budging out of neutral in 40 today. We're in 60 greed
um
That's a that's a one fifth ever seen one holy smokes total crypto market cap. That's up 10% on the
2.4
$3 trillion
Braggart goosebumps right now only shit the hair on my neck is standing up Bitcoin
72,138
dollar hairs
Ethereum
2290
Dollaires we've got bmb at 644
Doll hairs
XRP at $1.24
Doll hairs salana at 86 and 82
Sense
Doll hair sense
Tron at 33 cents hyper liquid 72 and 20 cents dogecoin almost at 8 cents
It wants it so bad
So bad
Yo, we got seven and eight dogecoin at seven and eight nice nice nice nice nice nice nice nice nice nice nice
Yo guys my portfolio is looking green
Everything's looking great and I love the DCA strap
Because it's it's not shortly after you see the pump that you start seeing profits too, you know, so it's like
Holy guacamole
Love this shit good morning everybody what a way to wake up pepe up 20% of the day
Fuck nice. What else we got you anthem?
There's like minaras down
1.6% also which is a good sign
Contrarian let's go back the other way XRP fans well
I think bark was right about yesterday looks like this volume game
The volume is hard to fake
especially this before labor day
It's a big deal
This is very good confidence here for sure even if stuff chops and stuff for another month or two. Let's take a look at the Fed
60
Looks like
Bottom just confidence. Yeah. Yeah. Yeah, it looks like we just see sod back the other way
Looks like now today
It's hot as we have a 1.5 less percent chance of a rate hike of a quarter percent next month
So
That's dovish. So now we're sea-sawing back after about a week of hawk sea saw now we're dove sea saw
This is what it sounds like when the hawks cry. All right. Very good
Very good
I know bad jokes. Sorry I
Get a mulligan maybe
Nah, you're good bro. You're good. No, it's just good to see a bunch of green in the charts off the
off the summer right and especially knowing that we've been all accumulating at the bottom. I hope I'm
Yeah, this is this would be the time to start porting
I would actually start to tailing if I like I know I think I mentioned a two-month DCA motion
I would be like a one month and maybe like you know half the amount of trunches now with the way this is going
So this look this is this is red right. I mean tap is out 37.6 percent on the week again
I wouldn't be surprised if we had a little bit we had some chop chop here
Over the next month it just looks this is pretty hardcore volume