🟥 Things I’m looking at today 🟥
Crypto soars, Israel-Iran ceasefire, Texas set to buy BTC
Crypto
* BTC: 105.2k (+4%), ETH: 2405 (+7%), SOL: 144 (+8%)
* Top Gainers: SEI, SPX, S, VIRTUAL, JUP, INJ
* BTC ETFs: +$351mn, ETH ETFs: +$101mn
* Alts lead crypto rally on Israel-Iran ceasefire
* Fed officially ends reputational risk oversight
* Texas to buy $10m BTC for reserve
* US to consider crypto for federal housing mortgages
* Metaplanet to inject $5bn in US sub to buy BTC
* Pompalino raises $750m for BTC treasury company
* Fiserv launches FIUSD stablecoin on Solana
* HYPE now 77% of perp dex volume
* Circle flips USDC in market cap
* USDT supply on TRON surpasses $80b
* DFDV tokenizes its stock, collabs with Kraken
* GTE raises $15m Serie A funding for exchange
* TIA founder claims $100m in treasury
Macro & General
* NASDAQ: 19.6k (+1%), Gold: 3338 (-2%)
* Futures higher on Israel-Iran ceasefire, oil plunges
* Iran gave advanced notice of attack on US bases
* Odds of Khamanei out in Iran spiking
* Trump warns Iran & Israel over ceasefire violation
* US stocks set for 3rd largest inflows ever in 2025
* Short interest in US stocks highest since 2020
* Tesla pumps 10% on robotaxi launch
* US economic indicators still signalling recession
* Fed’s Bowman open to rate cuts in July
* Odds of rate cut by Sep FOMC hit 80%
* China’s US treasury holdings at lowest since 2009
Left Curve Corner
* Hot coins: USELESS, HOSICO, DOG, WIF, BONK, SPX
* Hot NFTs: Creepz, Moriusa
* SPX, BONK, WIF lead bounce in major memes
* USELESS $140m, hits ATH in SOL memes
* Memecoin was down 30% from peak to $48bn
* New firm being launched to build BNB reserves
* Unicoin to launch altcoin treasury, buying Diamond Lake
@YEET: Crypto’s Casino
Just passed $185m in lifetime volume!
gm