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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
BREAKING: Pakistan's Prime Minister announces that the US and Iran have officially reached a peace deal and the official signing will take place on June 19th in Switzerland.

"Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon," he says.
Sorry boys been afk most weekend, with an exact date this time seems like we could pump into the 19th signing. Hate longing stuff on Sundays but I missed the original news but gonna long some here and SL under the h4 (news candle) at ~63,790
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GM! Good move overnight, there is FOMC this week so I’d rather secure profits than not, taking some more off and moved stops to B/E on this trade.
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SENIOR US OFFICIAL: TRUMP AND VANCE SIGNED MOU, AND SO DID THE IRANIAN PARLIAMENTARY SPEAKER
Plasma [$XPL] just launched their Plasma One, would recommend you guys all to check it out. The rewards are really good. I’ve also been using it this past week and it’s pretty nice ngl, works on Apple Pay and a bunch of benefits like base cashback, cashback on AI spend + flights etc, and they have 3 different tiers of it and the middle one is free for first year. UI + UX super clean too. Not even shilling this to make you guys use my ref code or anything lol but the app and product is genuinely nice.

https://x.com/Plasma/status/2067215787945779394?s=20
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FED LEAVES RATES UNCHANGED
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STRC still melting down yikes. Saylor been through this few times before, if it repegs again ever I think it’s safe to say it’s never gonna truly die. Just a very bad look rn
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GM!

Nothing exciting in the markets lately, the chop continues and for majors especially it’s been pretty lethargic so I haven’t felt the need to update, much less trade or look at charts as much. The LTFs are very choppy but if we zoom out on the weekly the best case imo is chopping more in this 60-70K range which coincides with ’21/22 ATHs and like 2024 summer PA basically before expanding upward again.

Curious to see what Saylor will do now and if he can fix STRC somehow, need it to repeg to $100. There’s 2 dividends on it monthly now so if they raise returns on it, it will catch a bid and therefore help BTC indirectly.

I will keep an eye out for any trade setups and opportunities but besides that enjoy your summer boys 🤝
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ETHLABS LAUNCHES AS NONPROFIT ETH R&D LAB BACKED BY BITMINE, SHARPLINK, JOE LUBIN TO DRIVE INSTITUTIONAL ADOPTION: GNW