RECAP: 🧵 Binance Alpha pushed higher this week as Extreme Fear hit crypto, new airdrop mechanics launched, and speculation concentrated in a handful of fast-moving tokens.
ETFs were sold, leverage was flushed, but early-stage risk didn’t disappear; it rotated. $OM $TAO $BTC
🚨Breaking:🇺🇸 President Trump said regime change would be the best outcome for Iran, ratcheting up pressure on the Islamic Republic in talks over its nuclear program as he builds up the US military presence in the region.$NKN $DASH $BTC
🇺🇸 LATEST: US Treasury Secretary Scott Bessent said passing the CLARITY crypto market structure bill could lift investor sentiment, warning delays until after the 2026 midterms may hurt its chances.$SKL $DOGE $BTC
🚨REPORT: Microsoft is gearing up to ditch OpenAI and ChatGPT, and build its own frontier models. $EUL In a new interview with FT, Microsoft AI chief Mustafa Suleyman confirmed the move, stating: $DASH "We have to develop our own foundation models, which are at the absolute frontier, with gigawatt-scale compute and some of the very best AI training teams in the world." $COMP Read more below!
Sam Bankman’s FTX invested $500M in Anthropic and today that stake would be worth $30 BILLION, a 60x return.$EUL
Anthropic just raised $30B at a $380B valuation, one of the largest private software rounds ever. FTX entered at around a $2.5B valuation but was forced to sell during bankruptcy near an $18B valuation for just $1.5B. $DASH
That’s nearly $28 billion in missed upside from a single investment. For perspective, FTX’s bankruptcy hole was about $9 billion.$BTC
Meaning the Anthropic stake they sold early would today be worth multiple times that gap and almost as much as FTX’s own peak company valuation.
CPI is at 8 month low.$LTC Core CPI is almost at 5-year low.$OM Job market is cooked. Bankruptcies are rising.$ESP Credit card delinquencies are going up. Housing market is in trouble.
And still, Powell is acting like the economy is stronger than ever and only concern is the inflation.
Powell already made a horrible mistake by continuing QE for longer in 2021, which destroyed the markets in 2022.
He is doing something similar again by being hawkish for longer than needed.
Just now, US CPI and Core CPI data got released.$OM
CPI came in at 2.4% vs. 2.5% expected, while Core CPI came in at 2.5% vs. 2.5% expected. $RVN The US CPI is now at its lowest level since April 2025, right before when tariffs were imposed.
Core CPI is at its lowest level in almost 5 years, when the entire US economy was in lockdown.
This means, despite the Fed's claims of inflation heating up, it's trending lower.$ESP
Meanwhile, the other aspect of the US economy is breaking.
Seoul’s Gangnam Police reportedly lost 22 $BTC ($1.5M) seized in a 2021 case.$ESP
Funds were moved from a USB cold wallet even though the device was never stolen and the breach went unnoticed for years after the case was suspended.$AUCTION
🔥LATEST: 🇺🇸U.S. Senate Banking Committee says it is working with SEC Chair Paul Atkins on the crypto market structure bill aimed at positioning America as the global crypto capital. $BTC $ZEC $ESP