News Summary

• WTI crude oil is higher by 1.4% today to $84.77, rebounding from a mid-week dip to $76.
• Bond yields continue to run higher, the 10-year Treasury yield up another seven basis points today to 4.73%.
• Bitcoin has turned 3% lower as the ramifications of the Coldcard exploit became clear over the past 12 hours, but whether or not that’s due to this event is unclear.
• “What FTX and Mt Gox did to promote self custody was just unwound by Coinkite and Coldcard,” wrote Taylor Distler.