Hunter Biden’s Memecoin Implodes as RWA Tokens and Private AI Heat Up

Welcome back to Token Narratives.

I'm Graham Stone, joined again by Alex Richardson and David Sencil.

Some fresh fear and uncertainty is gripping macro sentiment as things in the Middle East may be entering a new phase.

So we have diesel prices soaring to new all-time highs in the U.S.

Some parts of California prices as high as like $10.

I assume that's per gallon.

Simultaneously,

crude oil prices have completely reversed their losses and are close to breaking the March 2026 high.

This, of course, all comes following the recent reports of strikes on multiple ships in Hormuz.

Then you have Houthi drone strikes on the east-west pipeline in Saudi Arabia.

I believe there's been rumblings of Houthis taking a certain critical port, which sets them up for controlling that other strait over there.

Then you've got various civil wars in the Middle East.

All of this tension appears to coincide with a correction in both the stock market, gold and Bitcoin, and another surge in yields.

So despite Treasury Secretary Scott Besant claiming to have control over the bond market, you've got 30-year yields now at over 5%, 5.36% right now above its 2007 high.

So we've got some pretty big moves.

What's your gut check, gentlemen?

Yeah.

So I wrote about this in the newsletter, I think for the past couple of weeks, but I was predicting more volatility either to the upside or to the downside.

And I specifically called out all, I think most of these things that you just spoke about.

So not surprised on my, my end, it does appear for maybe the short term, we're going to have some downside risk, especially if this stuff, this, this stuff, especially if the situation in the continues to escalate it also looks like the issues that have been kind of continuing in the oil markets but largely ignored by i guess most market participants is finally coming to the forefront again and i think is probably the biggest proximate cause for everything that we see happening from yields to cooling of risk assets i think it all comes back to oil and i don't see that being resolved i don't see that being resolved because you're dealing with the physical movement of of oil around the world and so uh you'll Probably see oil and specifically diesel remained high for the interim.

And then that will have all these kind of downstream effects, chilling effects for the rest of the, I don't know, entire macroeconomic system.

I'm still thinking that like the male astrology is looking pretty good for Bitcoin.

The technicals are fine.

Like BTC has never set new cycle lows after reclaiming the 20, 50 and 200 week EMAs for several consecutive weeks, which we have.

We're way above the 200 week moving average, which is about 65K.