🟥 Things I’m looking at today 🟥
Trump spooks markets, JP Morgan stablecoin coming, Tron to IPO
Crypto
* BTC: 106k (-2%), ETH: 2550 (-3%), SOL: 151 (-3%)
* Top Gainers: BCH, XMR, TRX, AB, XRP
* BTC ETFs: +$409mn, ETH ETFs: +$21mn
* Crypto falls after Trump’s comments on Tehran
* Strategy buys $1.08b BTC
* JP Morgan files trademark for stablecoin
* Tron to IPO after US pauses probe in its founder
* Eric Trump could take a role at Tron
* Trump’s Truth Social files for dual BTC, ETH ETF
* Coinshares files S-1 for spot SOL ETF
* BTC Maximalism era coming to an end: Garzik
* SOL tech better than ETH tech: Cantor Fitzgerald
* France could integrate BTC mining into energy infra
Macro & General
* NASDAQ: 19.7k (+1%), Gold: 3404 (0%)
* Futures slip after Trump calls for Tehran evacuation
* Trump still indicates room for Iran-Israel deal
* Odds of US-Iran nuclear deal surges to 50%
* Trump leaves G7 early, criticises Macron
* Oil markets still price in short-lived conflict
* OpenAI & Microsoft execs at war: WSJ
* Foreign inflows to US assets are re-accelerating
* BoJ holds rates, plans slower pull-back from bonds
* US, UK finalise sign new trade deal
* US, Canada agree on lower tariffs
* Trump Org launches US made Trump Mobile
* US pushes Vietnam to decouple from China tech
* Soybean Oil prices parabolic
* Air India crash leads to $475m insurance claim
Left Curve Corner
* Hot coins: TIBBIR, ZEX
* Hot NFTs: XCOPY Editions, Creepz
* Major memes fall 5-15%, SPX down 15%
* PumpFun account suspended on X
* PumpFun token indicated at $6bn pre-market
* HYPE falls as borrowing rates & OI push higher
* TIBBIR pumps to $130m, new ATH
@YEET: Crypto’s Casino
Just passed $170m in lifetime volume!
gm