The Market Updates

🇺🇸🇮🇷 The US Treasury sanctioned three Iranian currency exchange houses today. Entities that collectively move billions in foreign currency transactions.

The program has a name: "Economic Fury."

The ceasefire is technically in place. The naval blockade is running. The Strait is closed. The financial system is being squeezed. And Iran just sent a new peace proposal through Pakistan.

Washington is negotiating and strangling at the same time.

Tehran is doing the same thing. They just call it "diplomacy."

🇺🇸 Trump’s net worth just exploded to $6.5 BILLION, nearly TRIPLED since he took office again (from $2.3B)

$2.1B of that? Pure crypto gains.

Trump family also pocketed hundreds of millions from Trumpcoin & Melania memecoins.

Billionaire boss stacking while running the country, nothing to see here.

Source: GeoPWatch, Coingecko

BREAKING:

🇺🇸 The Trump administration tells Congress the war against Iran is officially over, per AP.

🇮🇷🇺🇸 BREAKING: Iran just made its biggest concession yet

They're agreeing to negotiate the Strait of Hormuz and sanctions simultaneously instead of demanding the blockade lift first.

Trump called the proposal unsatisfying. The nuclear program remains the wall neither side will touch.

Concessions that don't land aren't concessions. They're opening bids.

Source: WSJ

🩸CRASH:

Trump's World Liberty Financial just dumped to an all-time low.

$WLFI is now down 88.66% from its peak, wiping out $13,500,000,000 from its market value.

BREAKING:

Ethereum Foundation sold $23M in $ETH.

BREAKING: 🇺🇸 President Trump says he is “NOT SATISFIED” with Iran's latest proposal.

“Not sure we're going to get to a deal.”

The same signal that triggered the 2017 bull run is here.

ISM PMI came in at 52.7 today, crossing back above 51 for the 4th consecutive month.

The last two times this happened were January 2017 and September 2020. Both preceded multi month altcoin rallies of historic scale.

ISM is a US manufacturing data point that measures economic expansion. When ISM crosses 51, it signals that the broader economy is expanding, liquidity conditions are improving, and risk appetite is returning.

Historically that environment pushes money into higher beta assets and altcoins are the highest beta asset class on the planet.

Now the level to watch is 55. Every time ISM has sustained above 55, altcoins have gone parabolic.

We are not there yet.

But the last two times the chart looked exactly like this, altseason followed within months.

🩸CRASH:

Oil just dropped below $100/barrel and is now down -7% in the last 8 hours.

🚨 BREAKING 🚨

🇺🇸 US ISM Manufacturing PMI came in at 52.7%

Expectations: 53%

The US economy is still in expansion phase.

🚨 BREAKING:

🇮🇷🇺🇸🇵🇰 Iran has sent a counter-proposal to Washington through Pakistan.

- Iran's 2 core demands remain unchanged: the right to continue uranium enrichment and a full cessation of hostilities between Hezbollah and Israel
- No points of convergence have been found on either issue with the U.S. or Israel

Source: BarakRavid

IRAN JUST SENT A COUNTER PROPOSAL THROUGH PAKISTAN

We don’t have the details, but it seems their core demand of maintaining nuclear enrichment remains

Either they’re being tough negotiators, or they’re genuine with their demands

The latter is a serious problem

🇺🇸 INSANE PUMP IN THE US MARKET.

$7 TRILLION added to US stocks in April.

S&P 500 and Nasdaq posted their HIGHEST MONTHLY closes in 6 years, since 2020.

S&P 500 jumped 11.51%, and Nasdaq jumped 15.48% in April even during an active war.

Bitcoin and crypto catch up rally is due.

$ETH Update 📊

Price sitting at key weekly support (2,250–2,280 zone)
Multiple reactions from this level → demand clearly present
Currently reclaiming EMAs with momentum slowing on the downside
Bias:
Expecting a strong bounce from this support zone

Key conditions:
– Hold weekly support = continuation to upside
– LTF structure shift needed for confirmation

If held, potential for expansion higher from this base

🚨 BREAKING 🚨

A whale has opened a $60,200,000 $BTC short with 20x leverage.

Liquidation Price: $78,849

THIS IS INSANE.

Google $GOOGL is up 10% today, adding over $400 billion to its market cap.

This is almost 1.5x of $ETH entire market cap.

Either we are so early or trapped in the worst industry.

🔥This is absolutely INSANE.

🇺🇸 US stock market just hit a new all-time high after adding over $10 trillion in the past 30 days.

Meanwhile Bitcoin is still down 40% from its ATH of $126,000.

3 main reasons:

1) This is pure price suppression and manipulation so whales can load up cheap $BTC .

2) People are tired of getting rugged by insiders and don’t give a fuck anymore.

3) Except $BTC Bitcoin, no other major asset like $ETH has delivered good returns in the last 5 years while most stocks have pumped 5x-10x. So people don’t want to bet on risky assets when they can make solid returns on Mag 7 companies.

I still think once we get the crypto market structure bill and more clarity, Bitcoin will explode much higher with these new killer fundamentals.

🔥INSANE REVERSAL:

S&P 500 just hit a new ATH.

US stock market has now added over $650 billion in the past 4 hours.

🚨BREAKING:

Japan confirms it has intervened in the currency market with a yen-buying operation.

USD/YEN dropped -3.21%

🇦🇪 UAE IS BREAKING WITH THE GULF!

They are considering freezing their Arab League membership and possibly leaving the Organization of Islamic Cooperation.

2 days after leaving OPEC!

What do you expect after a member of these organizations bombed the hell out of them, while neighbors like Saudi showed little solidarity?

This indicates not only a rift in the region, but the UAE positioning itself as a global power, not just a regional one.

The Arab League move would reportedly be a freeze, not a full exit, but the signal is clear, and the region will not look the same following this war.