โ ๏ธ๐ HISTORIC WARNING ๐โ ๏ธ
๐ฅ๐ฏ Combined spot futures demand for #Bitcoin has crashed to -650K BTC โ a level seen only 3 times in history. ๐ฏ๐ฅ
๐๐ฅ Those 3 previous times marked the final leg of major
๐๐ผ MAJOR BANK MOVE ๐ผ๐
๐ฆ๐ฅ JPMorgan, Citi, Bank of America, and Wells Fargo are launching a tokenized deposits network by 2027. ๐ฅ๐ฆ
๐บ๐ธ๐ Americaโs biggest banks are uniting to adapt to the new financial system. ๐๐บ๐ธ
๐จ๐ฅ BREAKING ๐จ๐ฅ
๐ข๐ Iran claims it has completely closed the Bab al-Mandeb Strait. 12% of global oil passes through this critical route. ๐ข๐
๐ฅ๐จ This follows a major escalation in the bombings. ๐ฅ๐จ
๐จMAJOR HAWKISH SHIFT ๐จ
๐ฅMost aggressive hawkish turn in Fed expectations since post-pandemic stimulus. ๐ฅ
๐ 82% chance of rate hike by December, base case of two hikes in early 2027, and 17% odds of three by April 2027. Just months ago markets expected up to 4 cuts in 2026๐
๐จ๐ฎ๐ท Iran has launched ballistic missiles and attack drones targeting U.S. bases in Kuwait.
๐ก๏ธ๐จ Bahrain residents were told to seek shelter as sirens sounded early Saturday.
๐ฐ๐ผ๐ก๏ธ Kuwaitโs army is responding to hostile missile threats with multiple air raid sirens active.
๐จ๐ MASSIVE BLOODBATH ๐๐จ
๐ฅ๐ธ Over $2.5 Trillion wiped out in 24 hours across markets. ๐ธ๐ฅ
๐๐ป S&P 500 -1.65% ($1.14T loss โ biggest since Jan). Gold -3.38%, Silver -6.9%, Bitcoin -6.31% ($80B gone) and dropped below $60K for first time since Oct 2024. ๐ป๐
๐๐ฅ MARKET SHIFT ๐ฅ๐
๐น๐๏ธ Traders are now pricing in a Fed rate hike by January, compared to March previously, following the hot jobs report. ๐๏ธ๐น
๐จ๐ฐ BREAKING BUYING ๐ฐ๐จ
๐บ๐ธ๐ BlackRock ETF has purchased $47.3 Million worth of Bitcoin. ๐๐บ๐ธ
๐๐ฅ After 13 consecutive days of selling, the fund has returned to buying mode. ๐ฅ๐
๐จ ZEC CRASHES ๐จ
๐๐ฅ Biggest privacy coin $ZEC plunged over -50% in 24h, wiping out $5 Billion market cap. ๐ฅ๐
๐ต๏ธโ ๏ธ Critical flaw in Orchard privacy pool (since 2022) exposed via AI. Patched June 2, but privacy makes it impossible to know if fake ZEC was minted before.โ ๏ธ๐ต๏ธ
๐จ๐ BREAKING WIPEOUT ๐๐จ
๐ฅ๐ธ Over ยฅ12 Trillion ($82 Billion) has been wiped out from the Japanese stock market after the Nikkei hit a record high just yesterday. ๐ธ๐ฅ
๐๐ป The index is now down 1.2% today. ๐๐ป
๐จ๐ SMART MONEY EXITING ๐๐จ
๐ฐ๐บ๐ธ BlackRock has sold another $342.34 Million worth of $BTC. ๐ฐ๐บ๐ธ
๐ฅ๐ Relentless selling pressure continues on Bitcoin. ๐๐ฅ
๐จ HISTORIC LOSS ๐จ
๐๐ฑ MicroStrategy ($MSTR) just hit its biggest unrealized loss ever: -$10.8 billion. After 6 years buying Bitcoin, theyโre down -17% while S&P 500 is up 116%. ๐ฑ๐
๐ฅ๐ $MSTR stock is down -77% from ATH. Calling this a bear market is an understatement.๐ฅ๐
๐๐ต DOLLAR ON ALERT ๐ต๐
๐๐ The US Dollar may rise if incoming Fed Chair Kevin Warsh signals rate hike openness at the June 16-17 meeting. ๐๐
๐ฆ ๐ฐ Fed seen as more hawkish than peers (except ECB). Keeping 2026 hikes possible could boost USD demand amid strong data. ๐ฐ๐ฆ
๐MAJOR MOVE๐
๐ฅ๐ Mastercard is expanding its payment and settlement options by integrating $USDC, $RLUSD, and $PYUSD on #Ethereum, #Solana, #Base, #Arbitrum, and #XRPL networks. ๐๐ฅ
๐ผ๐ When the giants who built the traditional financial system start adopting crypto.๐๐ผ