🟥 Things I’m looking at today 🟥
US bombs Iran, crypto dumps then rebounds, Circle rally continues
Crypto
* BTC: 101.6k (-4%), ETH: 2260 (-12%), SOL: 134 (-9%)
* Top Gainers: IP, S, KAIA, SPX, FARTCOIN
* BTC ETFs: +$6mn, ETH ETFs: -$11mn
* Crypto dumps after US bombs Fordow plant in Iran
* BTC dropped to $98k before rebound
* HYPE, FARTCOIN outperform despite crypto dump
* $1bn of liquidations in 24 hours
* Circle stock continues to pump, hits $260
* Bloomberg predicts most crypto ETFs to be approved
* Texas BTC reserve signed into law
* Metaplanet buys $111m BTC
* Cardone buys 1k BTC, to buy 3k more in 2025
* BTC to $21m in 21 years: Saylor
* SOL, Aptos chosen for Wyoming stablecoin project
* Coinbase secures MiCA license in Europe
* Reddit considers using WLD tech
* Jupiter pauses DAO votes on breakdown in trust
* OKX considers US IPO
* Norway to consider crypto mining ban
Macro & General
* NASDAQ: 19.5k (0%), Gold: 3375 (-1%)
* This week: Powell speaks, Inflation and Q1 GDP data
* Oil & stocks stable after US bombs Ira
* Damage to Iran nuclear facilities monumental: Trump
* Regime change could Make Iran Great Again: Trump
* Iran parliament votes to close Strait of Hormuz
* US wants China to stop Strait of Hormuz closure
* Countries ready to supply Iran with nukes: Medvedev
* September Fed rate cut odds surge to 71%
* Trump ramps up attacks on Powell
* US now paying $3.3bn interest per day
* US consumer expect 7.3% inflation in a year
* Gold on track for ATH $80b inflow in 2025
* US Home sale and list price gap largest ever
* Tesla Robotaxi launches today at flat $4.2 fee
Left Curve Corner
* Hot coins: USDUC, FARTCOIN, SPX
* Hot NFTs: Openpen
* Plasma token sale 40 days before mainnet launch
* NFT projects make $10m from Telegram stickers
* CryptoPunks down 30% in 10 days
* Two REKT drinks sell outs in a row at LA 7-Elevens
* SOL memecoins display strength in weak markets
* EPIK pivots to ‘degen roots and flywheels’
@YEET: Crypto’s Casino
Just passed $185m in lifetime volume!
gm
