Kaizen Research

Helping investors understand crypto markets through research, token analysis, trading frameworks, and market education for @Kaizen

[Kaizen Research @KaizenResearch]

my mom called me this morning to ask how my cryptos been doing... all of a sudden me no speaky engrish

[Kaizen Research @KaizenResearch]

Markets closed deep in the red as a blowout jobs report forced traders to reprice the Fed path.

May payrolls came in at +172K, more than double expectations, while unemployment held at 4.3%.

Fed funds futures now show markets pricing a 71% chance of a December rate hike, up sharply from yesterday.

The reaction was brutal:

$QQQ down 4.8%
$SPY down 2.6%
bitcoin:native down 4.1%
ethereum:native down 10.6%
$VIX up over 30%

Stocks and crypto are selling off together as volatility spikes.

The message is clear: A strong labor market gives the Fed less reason to cut and more room to stay hawkish.

[Kaizen Research @KaizenResearch]

Today's Top Movers

Gainers: $BTW $ZEST solana:A7n89LqW67HJKzJkdWZa2xojuK4N5GBKHz3dfjATCZPz siren-2:native $SHOW
Losers: $GAL $NOCK $CLO lab:native pawswap:native

[Kaizen Research @KaizenResearch]

Todays Top Movers

Gainers: pawswap:native ethereum:0x7977bf3e7e0c954d12cdca3e013adaf57e0b06e0 magma-finance:native solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy $GUA
Losers: $GAL $IBS $SOS solana:SLXdx4BUt2v9uJQNzWqSfzTJ9UKLUDsvxHFMEEdrfgq $PORTAL

[Kaizen Research @KaizenResearch]

BREAKING: Stripe, Visa, and Mastercard are reportedly close to launching a joint stablecoin platform.

Coinbase is now exploring a role.

The catch: Coinbase splits USDC revenue with Circle, and that deal renews in August.

Joining a rival platform puts that relationship at risk.

The market noticed: $CRCL dropped as much as 9% today.

[Kaizen Research @KaizenResearch]

Treasury Secretary Scott Bessent laid out the administration's crypto agenda.

He confirmed the US Strategic Bitcoin Reserve is advancing "with all deliberate speed," pushed the Senate to pass the CLARITY Act this summer, and backed durable tax rules he called key to innovation.

He also framed enforcement as a national security tool, tying asset seizures to illicit flows from Iran and the IRGC.

Reserve, regulation, enforcement: three fronts, one direction.

[Kaizen Research @KaizenResearch]

Todays Top Movers

Gainers: lab:native $PORTAL ethereum:0x0e63b9c287e32a05e6b9ab8ee8df88a2760225a9 $XDOL solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
Losers: $SKR ethereum:0xb0076de78dc50581770bba1d211ddc0ad4f2a241 ethereum:0x6944e1df6bf5972305f9ab25df47ef10de01bcc8 $SKYAI solana:eL5fUxj2J4CiQsmW85k5FG9DvuQjjUoBHoQBi2Kpump

[Kaizen Research @KaizenResearch]

Crypto sold off today. A few names traded against the tape.

ethereum:0x57e114b691db790c35207b2e685d4a43181e6061 : +7% after Coinbase Ventures bought it on the open market

ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 : +10% green on RWA strength

zcash:native : +11% holding the privacy narrative

[Kaizen Research @KaizenResearch]

BREAKING: $1.23B in crypto positions liquidated over the last 24 hours.

Longs: $1.08B
Shorts: $142.15M

Over-leveraged longs got flushed at an 8:1 ratio.

[Kaizen Research @KaizenResearch]

Strategy just sold 32 bitcoin:native for roughly $2.5M, its first Bitcoin sale since December 2022, to fund dividend payments on $STRC , its perpetual preferred stock yielding 11.5% annually.

The size is immaterial: 0.0038% of holdings. Strategy still holds 843,706 bitcoin:native worth roughly $61B.

Strategy now carries around $1.5B in fixed annual dividend obligations across five preferred series.

Those come due whether Bitcoin is up or down.

The model has shifted from pure accumulation to selling Bitcoin when the math requires it.

[Watcher.Guru @WatcherGuru]

BREAKING: Michael Saylor's 'Strategy' sold 32 Bitcoin worth $2.5 million.

[Kaizen Research @KaizenResearch]

BREAKING: Trump says he held a productive call with Israeli Prime Minister Benjamin Netanyahu and that no troops will be sent to Beirut.

Trump also says Hezbollah agreed through representatives to halt all shooting, with Israel and Hezbollah agreeing not to attack each other.

[Kaizen Research @KaizenResearch]

$PURR trades at just 1.24x mNAV to hyperliquid:native.

In past bull runs, proxies like $MSTR and $BMNR hit 1.5x–2.3x.

If hyperliquid:native rips to $100 and $PURR rerates to the high end, we could see $PURR hit ~$25.

[Kaizen Research @KaizenResearch]

Today's Top Movers

Gainers: ethereum:0x8408d45b61f5823298f19a09b53b7339c0280489 $GAL $ID $BOBA solana:CreiuhfwdWCN5mJbMJtA9bBpYQrQF2tCBuZwSPWfpump
Losers: constellation-labs:native $GENIUS ethereum:0xb1110919016846972056ab995054d65560d5f05e concordium:native verus-coin:native

[Kaizen Research @KaizenResearch]

The CFTC just greenlighted bitcoin perps on regulated US exchanges.

Any other asset class needs full Commission approval before listing, but at least there's a clear path now.

For years this market lived offshore because the US had no framework.

That changes today.

hyperliquid:native ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2

[CFTC @CFTC]

.@CFTC Issues Policy Statement Concerning the Listing of Perpetual Contracts: https://t.co/7fhwow4dz2

[Kaizen Research @KaizenResearch]

stellar:native is one of the few tokens green today.

Stellar is up after DTCC’s move to bring tokenized assets onto the Stellar network.

[Kaizen Research @KaizenResearch]

Crypto’s Top Movers Today

Gainers: $NXT rain:native build-on-bnb:native solana:CreiuhfwdWCN5mJbMJtA9bBpYQrQF2tCBuZwSPWfpump $BEAT
Losers: ethereum:0x8f8221afbb33998d8584a2b05749ba73c37a938a solana:5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2 utya:native $SKYAI ethereum:0xf280b16ef293d8e534e370794ef26bf312694126