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GM! Alts took a beating overnight finally weren’t propped up and people hiding in the strong coins didn’t last too long. Hard to ignore STRC pumping here at NYO so also BTC bouncing a bit with that. I don’t think the low is in but maybe just locally.

Arthur Hayes also publically sold his entire $HYPE position and he was big holder/bullish on the way up so it dumped it a bit.

The BTC ETF outflows still going.. like 16+ straight days out outflows now. Another -400m yesterday alongside another big day of crypto liqs.
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I missed the insane ZEC news today bc I was afk 😭

I’m sure some of you saw but a huge exploit came out about basically ZEC being infinitely minted and undetectable for the last 4 years. Hope some of you caught that.

https://x.com/zooko/status/2062644925590900980?s=46
2026 BTC lows taken out
Placing some BTC bids from $56,000-$52,000
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Hoping we have a liq cascade into the bids and if we just slow grind and bleed down I’m gonna remove them, will update here if/when I do
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GM!

Rough market across the board, the general consensus I’m seeing and thinking here is to wait to see Saylor’s weekly announcement Monday morning. If they announce that they sold a lot (more than 32BTC or whatever like last time) that’ll be a good buy the dip opportunity. Besides that, it’s probably going to be a boring weekend. Have a good weekend boys.
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BREAKING: Israel says Iran has launched a wave of ballistic missiles toward Israel moments ago.

This marks the first Iranian attack on Israel since the ceasefire agreement began on April 8th.
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*STRATEGY BUYS 1,550 BITCOIN FOR AVG. PURCHASE PRICE $65,332 JUNE 1 TO JUNE 7: BBG
GM! Crazy that he bought more lol

Looks like he basically sold $200M~ worth of MSTR shares, and then used $100M~ to buy back BTC and $100M~ to top up their USD reserve
*FTX CO-FOUNDER BANKMAN-FRIED FORMALLY APPLIES FOR TRUMP PARDON

*BANKMAN-FRIED SUBMITS APPLICATION FOR PARDON ON DOJ WEBSITE
STRATEGY ANNOUNCES APPROVAL OF STRC SEMI-MONTHLY DIVIDENDS: BBG
GM!

Be careful if you’re connected to any random/shitty DeFi stuff

Would recommend revoking on MM or whatever wallet you use
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Nasty NY session so far. Stocks dragging down crypto too & even though selling slowed down a bit for BTC on the ETF doesn’t matter bc ofc were correlated to the downside and not upside with equities, lovely
*TRUMP: IRANIANS SHOT DOWN US APACHE HELICOPTER OVER STRAIT OF HORMUZ

*TRUMP: TWO PILOTS INVOLVED ARE SAFE AND UNINJURED

*TRUMP: UNITED STATES MUST RESPOND TO ATTACK
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$WLD also been one of the coins I’ve been watching recently due to the OpenAI IPO stuff. There are headlines coming out often - today there was one about Sam Altman saying within a year (long time) so $WLD dumped a bit on this.

However, the SpaceX IPO date was ~3 weeks after filing their S-1 to the IPO date & OpenAI filed their S-1 Monday.. so I’m thinking if there’s a headline about OpenAI IPO’ing in any near future timeframe like within a month or two, I will long $WLD on that.
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PENTAGON LOCKED DOWN, HAZMAT TEAMS RESPONDING -CNN
Crypto & Equities bouncing on Trump canceling planned strikes.
*SPACEX SHARES INDICATED TO OPEN AT $171 IN NASDAQ DEBUT VS IPO PRICE OF $135 PER SHARE
*PAKISTAN PM SHARIF: WE CAN CONFIRM THAT A FINAL, AGREED UPON TEXT OF THE PEACE DEAL HAS BEEN REACHED AND PAKISTAN IS NOW WORKING CLOSELY WITH BOTH SIDES TO FINALIZE THE NEXT STEPS