$SPX printing its first record close since June on Hormuz deal hopes, risk on tide finally lifting BTC and ETH too, just remember Aug to Oct is historically the weakest stretch for stocks.
What happens when the biggest geopolitical risk on the board starts to fade?
The US and Iran are reportedly close to a deal to reopen the Strait of Hormuz, brokered through Oman. A planned military strike got paused.
US stocks closed at record highs on that optimism plus AI earnings, Palantir up almost 30%.
Meanwhile Fear and Greed sits at 27 while whales quietly accumulate $BTC, ETH and XRP.
Records up top, fear down here. That gap doesn't stay open forever.
Which side closes it.
The Coldcard drain traces back to a 2021 firmware bug that produced weakly generated keys, and attackers just reproduced them.
About 1,367 $BTC gone across waves, roughly 594 swept in 25 minutes on July 31 alone.
Not your keys cuts both ways. Bad entropy is still your problem.
If you set up an older Coldcard, check your exposure now.