Bull Case
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Disclaimer: This is not financial advice. Content here is for informational purposes only, always DYOR before making decisions.
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🚨🚨Swiss Economy Minister Parmelin: It is possible that the US and China agree to a mutual suspension of customs duties (tariffs) for the duration of the talks.
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🚨Coinbase announces 24/7 trading for futures in the US -announcement [ready for #1 spot on the App Store]
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🚨Japan's Metaplanet issues $21.25M zero-interest bonds to fund BTC purchase.
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🚨Stripe introduces stablecoin financial accounts in 101 countries: deposit funds via wire and convert automatically into stables USDC or USDB -source
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Stablecoin financial accounts means that all fiat deposits go into buying US Treasury bonds that back USDC and USDB. This is the stablecoin driven hyperdollarization we've been talking about, in action. @bullcase
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US rent inflation expectations sharply higher
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🚨NY Fed Consumer Survey: Year-ahead expectations for households' financial situations "deteriorated sharply" in April with the share reporting they expected conditions to be worse a year from now the highest since Oct '22. [They fell for the tariff FUD]
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China sends Xi’s security czar [the fentanyl guy] to trade talks with US - WSJ
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🚨WSJ: China's Foreign Minister Wang Yi will accompany Chinese Vice Premier He Lifeng to Switzerland [to announce the tariff pause with Bessent]
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Trump's family stablecoin $USD1 is taking over BNB Chain, reaching over $2B in market cap and becoming the second-largest stablecoin after USDT
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SP500 today shows a nice 97% correlation with 90's bull. [Up only for a while]
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BofA: Cryptocurrency inflows surging, the highest in 3 months
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Bybit announces it has surpassed 70 million registered users.
🚨US Treasury Secretary Bessent urges Congress to raise the debt limit by mid July -letter to Congress.
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Coinbase considered but rejected Michael Saylor's Bitcoin heavy all-in strategy, citing startup risk. Coinbase holds $1.3B in crypto, mostly Bitcoin, after adding $153M in Q1. CFO Alesia Haas said Coinbase won't compete with customers but plans to grow holdings. Other firms continue to adopt Saylor's approach.
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🚨Chinese goods going to all kinds of places to circumvent US tariffs. [the trade war is fake]
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BTC.D, let altseason continue
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🚨White House announces trade deal with China. No immediate confirmation from the Chinese side.
*US Trade Representative Greer: It's important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought
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🚨Trump: Next truth will be one of the most important ever.
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🚨China officials hold press conference in Geneva.
China's Vice Premier He Lifeng: On China-U.S. trade talks, both sides had in-depth exchange.
*He Lifeng: Trade talks were constructive, made substantive progress.
*He Lifeng: Both sides reached important consensus.
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