๐จIMPORTANT๐จ
SEC IS GETTING READY to open the door to tokenized stocks ๐
Following the announcement of the launch of the โinnovation exemptionโ.
Third parties will now be able to create tokens of stocks (Apple, Teslaโฆ) ON CHAIN.
Wall Street + Blockchain = next level ๐ธ๐
๐จNEW: CZ REMAINS UNSHAKEN ON HIS BULLISH OUTLOOK
โ2026 is not over.. this is just a winterโ
โBut will crypto die? absolutely not.. the SUPERCYCLE will comeโ
๐บ๐ธ White House official Patrick Witt just said he is "optimistic" that the CLARITY Act could be passed by July 4th.
"Every day we're making great progress." ๐
BREAKING:
U.S. inflation data drops today at 8:30 AM ET.
The most important print of the month.
> CPI below 3.5%. Rate cuts back on the table. Markets rally.
> CPI between 3.5% and 3.6%. Markets hold. No clear direction.
> CPI above 3.6%. Rate hike odds spike. Markets reprice lower.
One number. Today at 8:30 AM ET.
What just happened?
At 9:45 AM ET, the S&P 500 was trading nearly +1.5% higher and tech stocks were sharply higher.
At 10:40 AM ET, selling pressure began to intensify without any major headlines in one of the biggest reversals of the year.
Just 2 hours later, President Trump said Iran shot down a US helicopter "last night" and that the US must "respond to this attack."
This sent the S&P 500 to a new low of the day, down 240 points since 9:45 AM ET.
In just 3 hours, the S&P 500 has erased -$2.1 trillion in market cap.
Volatility is back.
HUGE WARNING: ๐จ $BTC dumped -27.74% after the last US CPI print came in hotter than expected.
The April CPI hit +3.8% YoY.
$BTC went from $82K to $60K in 3 weeks.
The next CPI prints tomorrow at 8:30 AM ET.
Consensus forecast: +4.2% YoY.
The highest reading since April 2023.
MASSIVE CRASH:
๐ฐ๐ท South Korea's KOSPI stock market halted after 8.4% crash, triggering circuit breaker.
Absolute bloodbath as Samsung and SK Hynix lead the decline.
SAYLOR SAYS THE UPCOMING MEGA-IPOs WILL TRIGGER A MASSIVE CAPITAL ROTATION
"In History there's never been $80 BILLION IPOs"
"Every single investment bank on Wall Street is out there marketing these Mega IPO deals"
BREAKING: The US House of Representatives has voted to restrict President Trumpโs ability to continue the Iran War without congressional approval.
The measure passed in a 215 to 208 vote, with four Republicans joining Democrats in support.
THE CLARITY ACT JUST CLEARED ITS BIGGEST HURDLE YET.
๐บ๐ธ As of June 1, the crypto market structure bill is officially on the Senate Legislative Calendar. Calendar No. 423.
That means it's now eligible for a full Senate floor vote.