🟥 Things I’m looking at today 🟥
Circle pumps, Trump waiting on Iran action, Fed to wait & see
Crypto
* BTC: 104.9k (0%), ETH: 2530 (0%), SOL: 146 (-1%)
* Top Gainers: OKB, SEI, UNI, KAIA, INJ
* BTC ETFs: +$388mn, ETH ETFs: +$19mn
* Crypto volatile as Israel-Iran strikes continue
* Circle stock pumps on GENIUS Act passing
* Crypto is future, and we’ll own it: Trump
* Trump urges House to pass GENIUS Act
* Ohio exempts BTC payments under $200 from taxes
* Stablecoin market cap exceeds $250bn
* CryptoCom, Deribit to accept BUIDL as collateral
* Coinbase to allow USDC to be used as collateral
* ‘Coinbase Payments’ launched, stock pops
* SOL Strategies to go public in the US
* Lion Group raises $600m for HYPE treasury
* Jump Trading plans reentry into crypto
* Brokerage FalconX in talks for IPO
* Crypto lenders now hold $60b in assets
* First spot XRP ETF launches in Canada
Macro & General
* NASDAQ: 19.5k (0%), Gold: 3385 (-1%)
* Fed leaves rates unchanged
* Fed expects lower growth, higher inflation
* Trump continues pressuring Powell to cut rates
* Trump approved Iran actions but still waiting
* I don’t want to get involved with Iran: Trump
* UK to follow US if it enters Israel-Iran war
* House tax bill set to raise deficit $2.8T
* BoJ shrinking balance sheet at record pace
* Foreign holdings of US debt still near record high
* SNB cuts rates to zero to stop Franc inflows
* Dollar on track for worst H1 in 40 years
* Apple will buy lot of Trump Gold Cards: Trump
* Platinum hits decade high
* SpaceX Starship 36 explodes during test
Left Curve Corner
* Hot coins: AURA, BID, FUN
* Hot NFTs: Gristle buddeez, Bad Buunz
* Myriad launches S2 with rev share, 0% sell fee
* Blockworks announce token transparency framework
* Ink Foundation to launch Ink token
* Fetch foundation to buy back $50m FET
@YEET: Crypto’s Casino
Just passed $175m in lifetime volume!
gm