BREAKING: Iran's IRGC officially confirms that the Strait of Hormuz is now closed to all vessels.
The IRGC warns that Vessels who approach the Strait of Hormuz will face a "security risk."
SUMMARY OF FED CHAIR WARSH'S STATEMENT:
1. Shorter Fed policy statement is intended to "give you the facts"
2. Forward guidance in Fed statement "not well-suited" to current policy state
3. Establishes new "independent task forces" in 5 key areas
4. Task forces will propose next steps including changes to the Summary of Economic Projections
5. The Fed will be maintaining its 2% inflation objective
6. Fed policy appears to be restrictive for housing, but not financial markets
A new era of Fed policy is ahead of us.
Two charts that can keep you on the right side of the crypto market.
Everyone is asking:
Is Bitcoin going to $30K or is the bottom closer to $60K?
Based on our models, the probability is now much higher that the cycle bottom is forming closer to $60K, not $30K.
The second chart is even more important.
For the first time in almost 4 years, Bitcoin’s Supply in Profit and Supply in Loss have crossed.
Historically, this type of shift happens during the most important phases of the cycle.
Also, because the bottom model’s red line is monotonically increasing, the longer Bitcoin waits, the higher the probable bottom becomes.
This means a summer bottom is statistically more likely than a deep Q4 capitulation.
We have entered the most crucial period of the crypto market.
TL:DR bitcoin:native is cheap now
Two charts that can keep you on the right side of the crypto market.
Everyone is asking:
Is Bitcoin going to $30K or is the bottom closer to $60K?
Based on our models, the probability is now much higher that the cycle bottom is forming closer to $60K, not $30K.
The second chart is even more important.
For the first time in almost 4 years, Bitcoin’s Supply in Profit and Supply in Loss have crossed.
Historically, this type of shift happens during the most important phases of the cycle.
Also, because the bottom model’s red line is monotonically increasing, the longer Bitcoin waits, the higher the probable bottom becomes.
This means a summer bottom is statistically more likely than a deep Q4 capitulation.
We have entered the most crucial period of the crypto market.
TL:DR bitcoin:native is cheap now
EXPECTED TERMS OF US-IRAN PEACE DEAL:
1. Extends ceasefire between US and Iran for 60 days
2. Begins 60-day negotiation period for technical discussions around Iran's nuclear program
3. Removes US Naval blockade and reopens Strait of Hormuz
4. US will commit to discuss sanctions relief with Iran
5. US will commit to discuss the release of frozen Iranian funds
6. Peace deal includes permanent end to fighting on all fronts, including Lebanon
7. Final agreement to be signed on June 19th in Switzerland
We expect to receive more detail on terms shortly.
Spend a couple of million to build an Iron Man suit, and rename Jarvis to Grok. Make a live test flight. All you need to make Grok and SpaceX the undisputed champions in the eyes of the people is here. I will take it a step further and come with the suite at the next Tesla product unveiling
The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees.
The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance.
Access to all other Claude models is not affected.
We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible.
Read our full statement: https://t.co/bwn0sximKZ
Two charts that can keep you on the right side of the crypto market.
Everyone is asking:
Is Bitcoin going to $30K or is the bottom closer to $60K?
Based on our models, the probability is now much higher that the cycle bottom is forming closer to $60K, not $30K.
The second chart is even more important.
For the first time in almost 4 years, Bitcoin’s Supply in Profit and Supply in Loss have crossed.
Historically, this type of shift happens during the most important phases of the cycle.
Also, because the bottom model’s red line is monotonically increasing, the longer Bitcoin waits, the higher the probable bottom becomes.
This means a summer bottom is statistically more likely than a deep Q4 capitulation.
We have entered the most crucial period of the crypto market.
TL:DR bitcoin:native is cheap now
BREAKING: President Trump says the US will be "hitting Iran very hard tonight" and announces that the US will be "taking Kharg Island" in the "not too distant future."
President Trump also says the US will "assume total control" of Iran's oil and gas markets, "much like we have with Venezuela."
🇪🇺 ECB BECOMES THE FIRST MAJOR G7 CENTRAL BANK TO RAISE INTEREST RATES
Deposit facility hiked to 2.25%, refinancing rate to 2.40%, and marginal lending to 2.65%.
The Iran war has pushed euro area inflation above 3%, forcing the ECB to reverse nearly two years of rate cuts.
🚨JUST IN: Reuters investigations found Trump family made at least $2.3B in profit while buyers lost a similar amount across 4 crypto projects.
- World Liberty Financial
Trump gains +$1.1B, investor losses -$674M
- $TRUMP meme coin
Trump gains +$616M, investor losses -$711M
- ALT5 Sigma
Trump gains +$538M, investor losses -$675M
-American Bitcoin
Trump gains +$19M , investor losses -$216M
Two charts that can keep you on the right side of the crypto market.
Everyone is asking:
Is Bitcoin going to $30K or is the bottom closer to $60K?
Based on our models, the probability is now much higher that the cycle bottom is forming closer to $60K, not $30K.
The second chart is even more important.
For the first time in almost 4 years, Bitcoin’s Supply in Profit and Supply in Loss have crossed.
Historically, this type of shift happens during the most important phases of the cycle.
Also, because the bottom model’s red line is monotonically increasing, the longer Bitcoin waits, the higher the probable bottom becomes.
This means a summer bottom is statistically more likely than a deep Q4 capitulation.
We have entered the most crucial period of the crypto market.
TL:DR bitcoin:native is cheap now