David

[David @David_73694]

The / in The X.

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

BIG update - As the largest holder of POL and someone who dedicated his life to development and success of @0xPolygon from the very beginning, I have decided to take full control of Polygon Foundation and will be its CEO going forward. Polygon Foundation owns and oversees multiple entities including one of the major contributors, Polygon Labs, which will continue to be led by Marc Boiron @0xMarcB as its CEO, who in my mind is the best executive/leader in the entire crypto industry.

I’ve always stayed away from moving into the CEO role because I’ve been focused on building PF as an institutionally governed foundation. But right now, Polygon needs clear direction and focused execution and that means stepping up.

With a healthy treasury and several hundred million in cash, we’re in a great position to keep building for the long term, without any distractions or pressure to raise.

Today, I’m announcing a series of much-needed changes designed to deliver greater value to POL stakers and bring increased clarity to the broader market.

1. We will depreciate Polygon zkEVM next year. Polygon’s razor focus is going to be Polygon PoS and @Agglayer, nothing else. Polygon PoS will focus on Stablecoin payments and RWAs, while Agglayer will focus on building a trustless Internet of Blockchains.

2. The first milestone of the Polygon POS's Gigagas roadmap is now live in testnet. This first upgrade pushes network capacity beyond 1,000 transactions per second early July and it's only the beginning. We already have the plan to move to zero reorgs and <1 second finality with >5000 TPS achieved in a devnet enviornment. This will put Polygon PoS amongst the most performant blockchains by Sept-Oct timeframe. And beyond that, we have a clear path to scale to 100k+ TPS over next few years. These upgrades massively increase the economic viability of Polygon protocol and thereby the value for POL stakers.

3. Agglayer v0.3 has been in the making and I am announcing week of June 30th as the rollout date. This version of Agglayer is feature complete except fast interop which we anticipate to be completed by end of Q3. We are back to massive shipping mode.

4. The Agglayer Breakout program will continue to spin off projects resulting in increased focus for Polygon PoS and Agglayer and massive airdrops to POL stakers. We are in the business of building blockchain networks and ZK is an important tool to bring that internet level scalability to blockchains. We have contributed a lot to ZK and will continue to do so in a more neutral way by spinning out more of ZK research efforts. Next up is Polygon ZisK led by Jordi Baylina @jbaylina. More to come.

5. Now that the SEC has dropped its investigations and lawsuits related to MATIC as a security, which should have never existed given the nature of MATIC (and now POL), we are excited to see several large market makers coming back to the table in recent days to make markets in POL that strengthens the liquidity of POL on exchanges globally.

6. The Foundation will also engage in educational campaigns to ensure everyone is aware of the upgrade of MATIC to POL.

7. Bringing the Polygon brand front and center into what was previously the neutral Agglayer brand. It’s time to align the ecosystem more clearly and boldly under the Polygon identity.

Also, going forward, major announcements from Polygon often will come from my twitter account, so follow me to be up to date and turn on your notifications.

So why am I doing this?

During 2021-22, we made a real effort to institutionalise the project by onboarding some amazing people as co-founders and board members and laying the foundation for scaling Polygon from the 10-100 stage of a venture.

But little did I know, Ethereum itself was going to go into an existential crisis that would pull Polygon and the entire Ethereum ecosystem right back to the 1-to-10 stage … or by some measures, even 0-to-1.

And the 0-to-1 stage is a different beast. It needs speed, courage to make bold bets, and the ability to handle failure. Also, the crypto industry has changed from being research centric to user centric and Polygon needs to change accordingly. Institutional setups and board structures are great for stability, but they tend to produce average-case decisions — not the sharp, aggressive moves needed to deliver exponential outcomes.

Polygon is now back as a zero to one startup setup. With the support of an incredible team at Polygon Labs, and strong leadership including Marc @0xMarcB, Mudit Gupta @Mudit__Gupta (CTO), Ryan (COO) @web3RyanN and many others we are going to BRING IT.

Let’s play!

[Santiago Capital @SantiagoAuFund]

Whatever you think of me and my opinion on Stablecoins, you might want to listen to Stanley.
Both the current Fed Chairman and current U.S. Treasury Secretary used to work for him…

[Etherealize @Etherealize_io]

ETH investor Stanley Druckenmiller: “Our whole payment system will be stablecoins in 10-15 years”

BitMine (BMNR), the ETH treasury company chaired by Tom Lee, holds almost $10 billion of ETH. Legendary investor Stanley Druckenmiller is listed among key backers like Founders Fund, ARK's Cathie Wood, and Bill Miller. This aligns with his recent bullish comments on stablecoins and blockchain payments:

“Blockchain and the use of stablecoins — if you want to throw crypto and tokens into that — are incredibly useful in terms of productivity. I assume our whole payment system will be stablecoins in 10-15 years. Efficient. Quicker. Cheaper.”

[The Macro Pulse @TheMacroPulse]

A hot PPI is only bearish for metals if it forces a hike. If the Fed looks through it as a temporary, war-driven spike and holds, it flips: high inflation plus no hikes means deeply negative real rates, gold's best backdrop, with a falling dollar on top.

[The Macro Pulse @TheMacroPulse]

Warsh is Trump's pick. Expect him to call war-driven inflation temporary, blame the Iran war, and delay hikes into the midterms. That is the Arthur Burns playbook, and the 1970s under Burns were gold's biggest bull. A Fed behind the curve = negative real rates = bullish metals.

[J. Fong @jfhksar88]

@CosmoCrixter What matters is negative real rates. How the Fed gets there (cutting nominal rates, tolerating higher inflation and staying put, etc.) is secondary.

[David @David_73694]

1929

[Alessio @AlessioTMAD]

from a subscriber, nice way to wake up

[Alessio @AlessioTMAD]

try now with free sample dashboard at https://t.co/ooDmPXnKNP

[Alessio @AlessioTMAD]

Rotation in full force $IWM $MAGS

[Richard Bernstein Advisors @RBAdvisors]

The version of the #PPI that has the highest correlation to corporate #profits accelerated suggesting an ongoing broadening of #equities.

[Alessio @AlessioTMAD]

Hedge funds in shambles

[Kate from Kharkiv @BohuslavskaKate]

Usyk and Trump in the Oval Office.

"I need your Tomahawks, Donald" 😏

[Shay Boloor @StockSavvyShay]

Michael Burry added to $PYPL, saying the market has been “attending PayPal’s wake for years” while the company buys back stock “hand over fist.”

He also added to $ADBE calling Adobe a “clear deep-value opportunity” with gross margins near all-time highs.

[Michael | Hypermarkets @itsmichaelluu]

$SPCX shares are priced at $135 for its $2 trillion IPO.

Its return is 100x-200x by 2035.

These 20 companies will benefit the most:

1. $BKSY ~$34
AI-ready Earth observation satellites feed SpaceX orbital intelligence layer.

2. $SPIR ~$20
Space data analytics monetizing SpaceX's growing orbital constellation.

3. $ACHR ~$5
Air mobility networks integrate with Starlink's low-latency infrastructure.

5. $SATL ~$7
High-resolution imaging complements SpaceX orbital AI compute constellation data.

6. $VIAV ~$50
Optical networking components critical for Starlink ground station upgrades.

7. $OUST ~$40
Sensor fusion tech supports SpaceX booster catch reusability automation.

8. $GILT ~$15
Satellite ground infrastructure scales alongside Starlink enterprise deployments.

9. $POET ~$11
Optical interposer chips slash data center power costs inside COLOSSUS AI cluster.

10. $ARQQ ~$12
Quantum encryption securing Starshield government classified orbital networks.

11. $TWST ~$74
Synthetic biology tools accelerate SpaceX long-term Mars life support research.

12. $LUNR ~$30
NASA lunar lander tech directly supports SpaceX Moon base buildout.

13. $AEVA ~$24
LiDAR sensors enable autonomous Starship landing and booster catch precision.

14. $KTOS ~$60
Defense tech partner powering Starshield national security satellite contracts.

15. $IONQ ~$58
Quantum compute layer powering next-gen orbital AI satellites.

16. $RDDT ~$178
Real-time social data feeds Grok's truth-seeking AI via X integration.

17. $RKLB ~$115
Small payload launch fills exact gaps Falcon can't efficiently serve.

18. $ASTS ~$97
Direct-to-phone satellite broadband. Starlink's closest competitor and partner.

19. $MTSI ~$375
RF semiconductors power Starlink phased-array antenna signal processing.

20. $BWXT ~$200
Nuclear propulsion R&D aligns with SpaceX Mars mission power requirements.

I'm definetly a buyer of $SPCX IPO and want to get it super cheap.

♻️ RESHARE this post and write 1 comment, I'll DM you the PRICE I want to buy $SPCX at this month.

[Robin Brooks @robin_j_brooks]

When all this is over, we'll have to do some hard thinking what gold has become. Yesterday it sold off on the US bombing Iran. Today it's up on hopes of a peace deal. I don't need to hold gold to get that kind of price action. I can just hold S&amp;P 500...
https://t.co/QFGBrFMbKS

[Eric Balchunas @EricBalchunas]

A NEW KING: Vanguard has officially overtaken BlackRock in US ETF Assets w/ $4.39T vs $4.36T ending a 23-year reign since Blk knocked off State Street in 2003, who was king for 10yrs bf that (we need an ETF museum lol). That said, BlackRock is still bigger in global ETF aum AND global total aum, but Vanguard is definitive King of America in both ETFs and MFs and VOO in the single ETF category, and it's hard to see anyone challenging them for a long time as they take in approx 50% more flows than anyone else. Great scoop from @kgreifeld today (full piece link in reply)

[Ryan Mauro @ryanmauro]

I’m sure it’s purely coincidental that top Russian influence agent Alexander Dugin has been pushing MTG to run for President as part of a “Conservative Revolution” with QAnon-like themes.

I wrote in 2024 that the Seditionist Movement was uniting into a single bloc with just enough popular support to be able to credibly claim it can determine the outcome of close elections.

That’s how you hijack America’s political system & disable its civil society from functioning in a healthy way. It’s a plan to defeat the West that might actually work.

[Shay Boloor @StockSavvyShay]

Elon Musk rang the Nasdaq opening bell today as SpaceX officially began trading under $SPCX.

[David @David_73694]

100

[Mike McGlone @mikemcglone11]

Approaching a 100-Year Pump-Then-Dump Risk Signal

The seemingly inconceivable notion that the US stock market could end 2026 in the red may represent the ultimate pump-then-dump risk for all markets. My graphic highlights that the S&P 500 Total Return Index has posted only two down years since Bitcoin launched in 2009 and shows same-chart syndrome between the Bitcoin-to-gold ratio and US stock-market cap-to-GDP. At 2.5x on June 10, modest reversion from this roughly 100-year extreme could be profound. The crocodile-jaws pattern of the collapsing Bitcoin-to-gold ratio alongside surging equities appears unsustainable.

A best-case scenario may be a recovery in the crypto, following the record-setting stock market. Alternatively, Bitcoin may succumb to unchecked crypto competition. It's the risk of modest normalization in stocks that mean-reverting Bitcoin may be signaling.

Full report on the Bloomberg here: https://t.co/6z1RX2gWAg {BI COMD}
#gold #Bitcoin #stockmarket @Bloomberg