Jake Morrow

Crypto Investor and Blockchain Enthusiast. #BTC #ETH #SOL #SUI #NEAR #LINK #HBAR #MORPHO

[The Wolf Of All Streets @scottmelker]

CALIFORNIA ASSEMBLY PASSES NEAR-UNANIMOUS BILL LETTING BANKS CUSTODY BITCOIN AND OFFER DIGITAL ASSET SERVICES, POTENTIALLY GIVING MILLIONS ACCESS THROUGH BANKS IF SIGNED INTO LAW

[MartyParty @martypartymusic]

Update: Iran mediators to meet in Egypt on Sunday - thats the critical event.

[MartyParty @martypartymusic]

Iran says the Memorandum of Understanding with the U.S. was signed digitally, making Friday's Switzerland meeting no longer necessary.

[MartyParty @martypartymusic]

President Trump said the current financial system is outdated and will soon be replaced with a state-of-the-art cryptocurrency framework under the Genius and Clarity Bills.

[Jake Morrow @jakermcrypto]

@jconnorholliman Not saying it’s right because the feedback is important for growth, but it’s becoming more popular because of liability. The amount of candidates now who are prepared to blast Glassdoor when they disagree with feedback or who look for any tiny reason to sue has created a problem.

[MartyParty @martypartymusic]

Iran's Supreme Leader will speak shortly about the end of the war and the Memorandum of Understanding with the United States, according to state TV.

[Watcher.Guru @WatcherGuru]

BREAKING: 🇺🇸 Federal Reserve leaves interest rates unchanged, remains at 3.50% - 3.75%.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US has released the full text of its 14-point "Memorandum of Understanding" with Iran.

Key terms include:

1. The US, Iran, and their allies agree to immediately and permanently end military operations on all fronts, including in Lebanon

2. The US and Iran agree to respect each other's sovereignty and territorial integrity and not interfere in each other's internal affairs

3. The US and Iran commit to negotiating and reaching a final deal within 60 days, unless mutually extended

4. The US will begin removing its naval blockade immediately and fully end the blockade within 30 days

5. Iran will use its best efforts to ensure safe passage for commercial vessels through the Strait of Hormuz for 60 days with no charge

6. The US and regional partners will develop a mutually agreed plan of at least $300 billion for Iran's reconstruction and economic development

7. The US will work toward terminating all types of sanctions against Iran, including UN, IAEA, primary, and secondary sanctions

8. Iran reaffirms that it will not procure or develop nuclear weapons and agrees to address its enriched material stockpile under IAEA supervision

9. Until a final deal is reached, Iran will maintain the current status quo of its nuclear program, while the US will impose no new sanctions and deploy no additional forces

10. The US Treasury will issue waivers for Iranian crude oil, petroleum products, derivatives, and associated banking, insurance, and transportation services

11. The US will make frozen or restricted Iranian funds and assets fully available for use

12. The US and Iran will establish an executive mechanism to monitor implementation of the MOU and future compliance with the final deal

13. After signing the MOU and implementing key ceasefire, blockade, shipping, oil waiver, and asset-release provisions, the US and Iran will begin final deal negotiations

14. The final deal will be endorsed by a binding UN Security Council resolution

The memorandum will trigger a 60-day window to negotiate a final deal.

[Rep. Bill Huizenga @RepHuizenga]

Beyond dumb…
“The Digital Asset Privilege Tax Act”.
More like the “Digital Punishment Tax Act” aka the “Once again Illinois Proves it has No Interest in Business Act”…

[Coinbase 🛡️ @coinbase]

Legal stuff:

Earn 5% Bitcoin back on Coinbase One Card purchases through the Travel Portal, in lieu of standard Rewards Rate Tiers and not subject to Rewards Rate caps. Refunded bookings may incur a Rewards Adjustment Charge – see Rewards Terms

https://t.co/uKranotsCE for details.

Travel is fulfilled by an unaffiliated third party; First Electronic Bank, Cardless, and Coinbase are not responsible for unfulfilled arrangements, losses, canceled or delayed flights, or other travel-related issues

[Jake Morrow @jakermcrypto]

@cryptocom FOMC is 2 days. Rate decision and speech is t until tomorrow. Be better.

[MartyParty @martypartymusic]

Taiwan's Central Bank meets with the Bitcoin Policy Institute to discuss adopting "Bitcoin as a reserve asset" 🇹🇼

[Watcher.Guru @WatcherGuru]

JUST IN: $14 trillion BlackRock officially launches Bitcoin Premium Income ETF.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇦🇪 Dubai's DMCC signs strategic deal with $USDT issuer Tether to expand blockchain, digital assets, and tokenized finance.

[CoinMarketCap @CoinMarketCap]

LATEST: 🇺🇸 Y Combinator is pushing Congress to pass the CLARITY Act, saying stablecoins and crypto technology will eventually be used by all of its portfolio companies.

[Watcher.Guru @WatcherGuru]

JUST IN: Elon Musk's SpaceX $SPCX to acquire AI coding startup Cursor for $60,000,000,000.

[Ash Crypto @AshCrypto]

Investors are buying Altcoin spot ETFs

BTC spot ETFs: -$64 million

$ETH : +$22.5 million
$XRP : +$2.82 million
$SOL : +$2.81 million
$HYPE : +$17.19 million

[Lark Davis @LarkDavis]

BOJ hiked to 1%, the highest since 1995.

Sounds like not your problem. But the thing is, Japan is the 4th largest economy globally and its citizens have this nifty trick called the yen carry trade. In a nutshell they borrow cheap and reinvest in global assets like bonds, equities and crypto. The 1% might not sound like a lot, especially if your bag is up 10% on the year. True, but sometimes optics is what makes the jittery investor panic, most especially if you are on leverage and your position isn't really doing well.

That's when the unwind starts, yen rallies, margin calls hit, and everyone sells whatever's liquid first.

Hopefully, the war in Iran winding down takes some pressure off energy prices and stops the BOJ from hiking further, keeping things calm for risk assets.

[Jake Morrow @jakermcrypto]

@MartiniGuyYT Already hit 67,250 yesterday moron. Can’t even read a price chart.

[Jake Morrow @jakermcrypto]

@CoinMarketCap But securities laws based on oranges suffice for crypto. Got it 🤣