GM degens ☕️
Here's what moved markets in the last 24h:
🌍 MACRO:
S&P 500 hit new ATH at 7,230 (+0.29%). April = best month since 2020 — S&P +10.4%, Nasdaq ripped +15.3%. 6 weeks green in a row.
Gold bleeding at $4,633, down 17% from Jan ATH of $5,594. March = biggest monthly dump since 2008. Iran war dollar demand crushing bullion.
Brent crude at $109.20 after touching $126.41 on Apr 30. Iran floated new ceasefire via Pakistan mediators. Hormuz still blocked. UAE says deal is far.
Senate killed Iran War Powers Resolution again (6th time). Trump admin claims ceasefire "pauses" the 60-day clock. Hegseth says Congress has zero authority.
April NFP drops May 8, 8:30 AM ET. March printed +228K. Consensus lower due to Iran-war uncertainty. First jobs data under war inflation regime — Fed repricing incoming.
April ISM Manufacturing held at 52.7 (4th month above 50). Manufacturing staying resilient through oil spike and war shock.
🪙 CRYPTO:
$1.4B in BTC shorts at risk if we break $80K. ETF + Strategy demand squeezing bears. BTC sitting at ~$78,400. Heavy call flow stacked at $80K-$82K strikes.
Ethereum Foundation dumped 10K ETH to BitMine at $2,292/ETH ($22.9M) on May 1. Third OTC sale of 2026. BitMine now holds 4.5M+ ETH ($10B+), largest corporate ETH treasury.
Coinbase launched Trade at Settlement for XRP futures (May 1). XRP joins BTC, ETH, gold, crude for institutional block execution at settlement price. CFTC filing confirmed.
CLARITY Act stablecoin yield dispute settled May 1. Tillis-Alsobrooks bill allows rewards for "bona fide activities." Senate Banking markup targeting May 11 week. Polymarket passage odds now 55%.
Paradigm researcher Dan Robinson dropped PACT model (May 2) to protect dormant Bitcoin (including Satoshi wallets) from future quantum attacks.
Coinbase Q1 2026 earnings May 7 after close. First report since Deribit acquisition and amid institutional crypto surge.
Stay sharp. Volatility incoming.
Here's what moved markets in the last 24h:
🌍 MACRO:
S&P 500 hit new ATH at 7,230 (+0.29%). April = best month since 2020 — S&P +10.4%, Nasdaq ripped +15.3%. 6 weeks green in a row.
Gold bleeding at $4,633, down 17% from Jan ATH of $5,594. March = biggest monthly dump since 2008. Iran war dollar demand crushing bullion.
Brent crude at $109.20 after touching $126.41 on Apr 30. Iran floated new ceasefire via Pakistan mediators. Hormuz still blocked. UAE says deal is far.
Senate killed Iran War Powers Resolution again (6th time). Trump admin claims ceasefire "pauses" the 60-day clock. Hegseth says Congress has zero authority.
April NFP drops May 8, 8:30 AM ET. March printed +228K. Consensus lower due to Iran-war uncertainty. First jobs data under war inflation regime — Fed repricing incoming.
April ISM Manufacturing held at 52.7 (4th month above 50). Manufacturing staying resilient through oil spike and war shock.
🪙 CRYPTO:
$1.4B in BTC shorts at risk if we break $80K. ETF + Strategy demand squeezing bears. BTC sitting at ~$78,400. Heavy call flow stacked at $80K-$82K strikes.
Ethereum Foundation dumped 10K ETH to BitMine at $2,292/ETH ($22.9M) on May 1. Third OTC sale of 2026. BitMine now holds 4.5M+ ETH ($10B+), largest corporate ETH treasury.
Coinbase launched Trade at Settlement for XRP futures (May 1). XRP joins BTC, ETH, gold, crude for institutional block execution at settlement price. CFTC filing confirmed.
CLARITY Act stablecoin yield dispute settled May 1. Tillis-Alsobrooks bill allows rewards for "bona fide activities." Senate Banking markup targeting May 11 week. Polymarket passage odds now 55%.
Paradigm researcher Dan Robinson dropped PACT model (May 2) to protect dormant Bitcoin (including Satoshi wallets) from future quantum attacks.
Coinbase Q1 2026 earnings May 7 after close. First report since Deribit acquisition and amid institutional crypto surge.
Stay sharp. Volatility incoming.