Evan Luthra Alpha
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Welcome to Evan's ALPHA Group! 🚀

It's all about making money and having a good time.

Just a heads-up, it's all in good fun and learning. Nothing said here is a FA.

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📢Strategy Raises $466M Through Common ATM, Makes No Changes to Bitcoin Holdings.

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📢Vivek Ramaswamy's Strive buys 18 Bitcoin for $1.2 million.

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📢US issues $81,000,000,000 in refunds after Supreme Court ruled President Trump's tariffs illegal.

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📢Iran says "the Strait of Hormuz will not be reopened through war, malicious moves, or American aggression.

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📢Solana ranked first in 24-hour DEX volume with $4.15 billion, followed by BNB Chain and Robinhood Chain.

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📢UK will adopt a “no gain, no loss” tax treatment for eligible crypto lending and DeFi liquidity pool transactions from April 2027.🇬🇧

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🇺🇸U.S. inflation came in cooler than expected, with CPI YoY falling to 3.5% versus the 3.8% forecast and 4.2% previous read.

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📢US advances plans to build an Iraq-Syria oil pipeline to bypass the Strait of Hormuz.

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📢Only 67 of the top 1,000 crypto projects by market cap have a Wikipedia page, per Chainstory.

➡️Says the gap could affect how AI tools understand crypto, with Wikipedia among ChatGPT’s most-cited sources.

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📢South Korea is developing a new law for state-owned assets to effectively manage new asset classes, including cryptocurrencies.

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📢Japan officially passes law recognizing crypto as financial assets.

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📢US PPI falls to 5.5%, lower than expectations.

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📢JPMorgan, Goldman Sachs, BlackRock, Vanguard, and NYSE to participate in trial tokenizing US stocks and Treasuries.

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📢Former Fidelity fund manager George Noble warns that the scale of AI-related capital misallocation is reportedly 17X larger than during the dot-com era.

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📢U.S. Government Deposits $9.29M in FTX-Linked ETH to Coinbase Prime.

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📢White House officials to meet with US Senators to help advance Crypto Clarity Act.

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📢President Trump to meet with US Senators tomorrow to discuss Crypto Clarity Act.

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📢CME Group’s crypto futures and options reached $459.2B in Q2 notional volume.

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📢U.S. House Financial Services Committee will hold a field hearing on July 17 to discuss how the CLARITY Act could drive financial innovation.

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📢President Trump says he may try to wipe out Iran's IRGC.

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🇮🇷 Iran reportedly tells Yemen's Houthis to prepare to close the Bab el-Mandeb Strait if the US strikes Iranian power infrastructure.

12% of world trade passes through it.

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