#Bitcoin Crypto YouTuber (200K+ SUBS) | TG: cryptoroveryt | Cryptocurrency investments are high risk, volatile, and can be dangerous. All tweets are NFA.
THE WORLD'S MOST DANGEROUS TRADE IS GETTING EVEN MORE CROWDED.
Leveraged funds are now more short the Japanese yen than at any point since 2017.
They're borrowing cheap yen to buy U.S. assets, especially tech stocks, making the carry trade more crowded than it has been in years.
And what happens if the yen strengthens due to intervention?
We've already seen that before.
In August 2024, when yen rallied 14% against USD, investors were forced to buy back yen.
This led to a $6 trillion+ wipeout from the global markets, and the panic selling reached its highest level since the covid crash.
Today, the trade is more crowded than before, so the unwind could be worse.
π¨ TODAY IS THE LAST CHANCE TO FILE FOR A CLARITY ACT VOTE BEFORE AUGUST RECESS.
Under normal Senate rules, cloture must be filed about two days before a vote.
If no filing happens today, a regular Friday vote is effectively off the table.
The only remaining path would be unanimous Senate consent to speed up the process, or extending votes into the weekend, which is rather unlikely.
Time is running OUT.
BREAKING: πΊπΈ Sen. Cynthia Lummis says she believes the Senate will vote on the CLARITY Act before the August recess.
βI donβt think weβll be leaving on Friday. I think weβll go into the weekend.β
In my opinion, all senators that delay should resign from office!
π¨ ONLY 48 HOURS LEFT FOR THE CRYPTO'S MOST IMPORTANT BILL.
Today's Senate calendar doesn't include the Clarity Act.
This means there are only 2 days left to put the bill on the voting floor before the August recess.
A failure to pass before recess means Clarity will most likely not become law in 2026.
π¨ THE STOCK MARKET MADE A NEW ATH
Kalshi traders forecast a 73% chance the S&P500 will trade at 8,000 or above this year.
What is your prediction?
BREAKING: πΊπΈ BlackRock, Visa, Mastercard, DTCC, and 7 other financial giants named founding validators for Circleβs Arc blockchain.
If the CLARITY Act passes, expect many more announcements like this.
π¨ SOMEONE IS ABOUT TO LOSE EVERYTHING ?
A trader just placed a massive $102.6 million bet against Bitcoin, opening a 1,600 BTC short position with 40Γ leverage.
Their liquidation price is only 1.1% away.
One sudden move could wipe out the entire position in seconds.