1) Iran requires vessels transiting the Strait of Hormuz to pay fees in cryptocurrency or renminbi. 2) The U.S. Department of Labor proposed a rule allowing up to $10 trillion in 401(k) retirement plans to be invested in cryptocurrencies and alternative assets. 3) Charles Schwab, with a market capitalization of $1.2 trillion, will “soon” offer Bitcoin and Ethereum trading for its users. 4) Michael Saylor stated that Bitcoin’s four-year cycle has “ended.” 5) President Trump will announce a $1.5 trillion defense budget, the largest annual increase in U.S. military spending since World War II. 6) Elon Musk said Tesla is making a “massive” investment in Japan. 7) Federal Reserve Chair Jerome Powell warned that the growth rate of U.S. government debt is “far exceeding” economic growth, a situation that is unsustainable. 8) Coinbase received conditional approval for its national trust charter from the U.S. Office of the Comptroller of the Currency. 9) Elon Musk’s SpaceX secretly filed for an IPO. 10) President Trump said he created “the strongest economy in history,” with no inflation and stock markets at “the highest levels ever.”