INSANE WIPEOUT IN SOUTH KOREA 🚨
₩460 trillion just got wiped out of Korean stocks in last 2 hours.
KOSPI crashed -8% and triggered a circuit breaker halting program selling.
SK Hynix fell 10.60%, Samsung fell 7.37%, all after the US launched a new wave of attacks on Iran.
⚠️ HUMANITY PROTOCOL HIT BY $32M NORTH KOREAN HACK
Quantstamp says a fake Bithumb email led to malware, key theft, and $H tokens were dumped for more than $21M $ETH.
This is the kind of protocol-risk headline that can hit alt liquidity fast -- worth checking the full report before the crowd reprices it.
Americans can't find jobs.
The number of Americans not in the labor force who currently want a job rose +76,000 in May, to 6.2 million, the 3rd-highest since July 2021.
These are people who are not officially part of the labor force, meaning they are not actively looking for work, but say they want a job.
This marks the 4th consecutive monthly increase, totaling +349,000.
Since March 2023, this figure has surged by +1.2 million people and is now above 2008 Financial Crisis levels.
As a % of total employment, this metric is up to 3.8%, the 2nd-highest since October 2021.
By comparison, the 2001 recession and the 2008 peaks were 3.6% and 4.3%.
Labor market conditions are deteriorating beneath the surface.
🚨TRUMP-BACKED WORLD LIBERTY PUTS $250K INTO UFC
World Liberty Financial will contribute $250,000 in USD1 stablecoins to the UFC Freedom 250 fight-night bonus pool.
The event will be held on the White House South Lawn on President Trump’s 80th birthday, with $USD1 branding inside the Octagon.
🚨 THE NEXT 72 HOURS COULD BREAK THE GLOBAL MARKETS.
And this is not due to one but a total of 4 big events.
Starting with the US-Iran peace deal first.
So far, the US-Iran peace deal has been getting delayed, but now it's close to an actual agreement.
But what happens after the US-Iran peace deal is signed?
Inflation won't just disappear.
Oil supply shock won't go away.
Markets will start to focus on actual things, and that's when things will get worse.
The same happened during 1980s energy supply shock, and the same could repeat again.
The next is SpaceX.
It launched this Friday, but the next week will be the real test.
If $SPCX shows any weakness, it'll be a sign that the market can't absorb such a high-valuation IPO.
This'll not only impact upcoming IPOs but could also trigger a sell-off across the tech and AI sectors.
After this, we have the BOJ rate decision on 16th June.
A rate hike is confirmed, but here's something else.
A BOJ rate hike will strengthen the yen, which could trigger the carry trade unwind.
Remember the August 2024 crash?
Markets could repeat something similar again.
And finally, the Fed interest rate decision.
For now, the Fed is expected to pause, but the rate hike odds for Q4 2026 are going up.
And it'll be interesting to see what Kevin Warsh thinks of it.
Will he preach for more easing like Trump expects, or will he make decisions based on actual data?
If he goes for the latter, this will bring the entire market down.
So keep my notifications on, as I'll be updating all these in real-time.
The upcoming week is not like the others, so be prepared for massive volatility.
🚨 CRYPTO RETAIL HAS COMPLETELY DISAPPEARED.
Crypto spot trading volume just crashed to its lowest level since 2023, down 67% from the 2025 peak.
Crypto retail traders are now chasing stocks, gold and commodities instead.
THIS GUY TURNED $620 INTO $4.2 MILLION
This address 0x158 has held 2,000 ETH for over 10 YEARS since buying it for $0.31 in the Ethereum presale. He just moved it 5 minutes ago.
As of today, that ETH is up 6,800x - what a trade.
🇯🇵JAPAN’S NIKKEI HITS RECORD HIGH
The Nikkei 225 crossed 65,000 for the first time ever, touching 65,408.87.
Around ¥30.5T was added to Japan’s stock market as Iran deal optimism fueled risk-on sentiment.
Its 8.95% 3-day rally is the strongest in over 6 years.
The market is experiencing a historic run:
The S&P 500 has posted 8 consecutive weekly gains, the longest streak since 2023.
This is also the 2nd-longest winning streak in 23 years.
Over this period, the index has rallied +17% and surpassed 7,500 for the first time in history.
Historically, there have only been 6 other periods when the index advanced for 8+ consecutive weeks with gains exceeding +12%.
In those instances, the S&P 500 returned an average of +4% over the following 12 weeks and +17% over the following 12 months.
If the streak extends to 10 weeks, it would be the longest since 1985, when the index went on to gain for 12 consecutive weeks.
The bulls are firmly in control.
🚨U.S. TREASURIES SAW A $138B SELL-OFF IN MARCH
Foreign holders sold a combined $138.4 BILLION in U.S. Treasuries in March 2026, per Q1 data.
Japan led with $47.7B and China at $41 BILLION.
Other major sellers were Luxembourg, Taiwan, Saudi Arabia, India, Canada, and the UAE.
🩸 GLOBAL BLOODBATH
Indian market: DUMP
Turkish market: DUMP
Chilean market: DUMP
Brazilian market: DUMP
Indonesian market: DUMP
This is one of the WORST months for many countries for years.
BREAKING: Anthropic is set to close its latest funding round, which may top $30 billion, at a valuation above $900 billion, per Bloomberg.
Details include:
1. This would make Anthropic more valuable than OpenAI and the most valuable private company in the world
2. Sequoia, Dragoneer, Altimeter, and Greenoaks Capital are expected to co-lead the financing round, at $2 billion each
3. Anthropic has told investors that its annualized run rate revenue will surpass $50 billion by the end of next month
4. The funding round is expected to close by as soon as next week
We truly are in unprecedented times right now.
🇺🇸 One SEC decision wiped out $42 billion from crypto.
The SEC just delayed its plan to allow crypto versions of US stocks on regulated exchanges, and the crypto market started dumping on the news.
Bitcoin is down -2.14%, wiping out $33.8 billion from its market cap.
Ethereum is down -3.40%, wiping out $8.5 billion.
$320 million in longs were liquidated in just 60 minutes.
This decision is huge because if the SEC allowed this, it would have opened the door for trillions in traditional equity exposure to flow into crypto.
🚨 UPDATE: The SEC is delaying its tokenized stock exemption proposal over concerns around compliance and blockchain-based shares not tied to the underlying companies.
BREAKING: US Consumer Sentiment officially falls to its lowest level on record in data going back to 1952, down another -10% last month.
Consumers now see inflation rising to 4.8% over the next 12 months.
This puts the Consumer Sentiment index down -21% since February 2026, before the Iran War.
Not even the 1980s saw Consumer Sentiment this low.
🚨 BREAKING
🇺🇸 KEVIN WARSH OFFICIALLY TAKES OFFICE AS FED CHAIR TODAY
HISTORICALLY, U.S. STOCKS HAVE STRUGGLED AFTER FED LEADERSHIP CHANGES
ON AVERAGE, THE S&P 500 HAS FALLEN 12% IN THE FIRST 3 MONTHS UNDER A NEW FED CHAIR
WILL THIS TIME BE DIFFERENT? 👀