Galaxy Digital in talks with the SEC to tokenize its own stock and other equities [this is not bearish either]

🚨US, EU resume tariff talks after weeks of deadlock. The discussions cover tariffs, digital trade, and investment. EU trade chief Sabine Weyand urged caution, noting some US tariffs, especially on steel and autos, are likely to stay. [Ignore these clowns and their fake deadlocks. Just BTFD]

🚨China's US Treasury securities holdings $765bln in March vs 784 bln in Feb

🚨Moody's ratings downgrades United States ratings to Aa1 from Aaa; changes outlook to stable

CTA (trend following funds) exposure to SPX is the lowest since November 2022. They're still not chasing the rally [we're very early]

Bitcoin spot ETFs experienced a total net inflow of $603.74 million last week

Ethereum spot ETFs experienced a total net inflow of $41.59 million last week

🚨The House Budget Committee voted 17-16 in rare weekend vote to pass Trump's tax cuts and budget bill, the Big Beautiful Bill [pamp it]

🚨Tether CEO Paolo Ardoino: Tether's US Treasury bond holdings have exceeded Germany, and the next target is to surpass South Korea.

Stocks futures lower as markets react to Moody's downgrade of the US credit outlook. [macro FUD as usual, BTFD.]

🚨US senators expect to vote again tonight on advancing legislation to create rules for stablecoins -sources [this will pass tonight because stablecoins buy US debt and that's exactly what the US needs right now with US30Y yields at 5%]

WH Sr. Adviser Hassett: I would not be surprised if there are more trade deals this week.
*Hassett: Moody's decision is backward looking
*Hassett: We'll keep a close eye on what the Chinese have agreed to
*Hassett: The economy will continue to take off

🚨Class action lawsuit has been filed against Michael Saylor's MicroStrategy alleging misappropriation of customers funds.
*Lawsuit claims: The company downplayed the risks of its oversized exposure to Bitcoin
*Lawsuit claims: Executives made exaggerated or incomplete statements that may have misled investors [Jim Chanos 4 days ago: We're shorting MSTR and buying Bitcoin. BTFD]

🚨Fed's Jefferson (Vice Chair): Vital central banks stand ready to provide liquidity.
Jefferson: CBs must try to minimize moral hazard
Jefferson: doesn't comment on outlook for rates, economy
Jefferson: Currency, bank reserves foundation of safe liquidity.

China issues statement on US adjusting chip export controls: US undermines consensus reached in Geneva talks, asks the US to correct wrongdoings. [ignore these clowns, just BTFD]

🚨🚨Trump may be able to fire Fed Chair Powell

Yardeni Research: It's been a remarkable recovery since April 8. Stock market sectors hit the hardest have rebounded the most. [everyone knew it was the bottom]

Swiss National Bank Chairman: There is currently no alternative to US Treasuries.

🚨The SEC has postponed its decision on VanEck's spot Solana ETF.

🚨The Senate is probably not going to finish its crypto bill on stablecoin this week - Semafor.

🚨🚨The GENIUS stablecoin bill passed the Senate procedural vote by 66 to 32. [send everything]