GM ☀️
Markets now price just a 30% chance of a deal by the end of August.
Interestingly, Trump is reportedly willing to discuss reopening the Strait of Hormuz even without a nuclear deal, while Iran is pushing for the withdrawal of US troops, the unfreezing of its assets, and reparations.
🤑 Spot BTC ETFs pulled in $854M last week — the strongest inflow since April.
That’s helping keep BTC above $65K, but traders are also pointing to a sharp drop in volatility. Historically, low volatility during a bearish market can be followed by another move to fresh lows.
💵 JPMorgan CEO Jamie Dimon sees the dollar potentially losing its status as the world's reserve currency over the next 25 years.
His take is simple: if the US no longer has the strongest economy and military, it won't remain the dominant reserve currency either.
🔪 And Michael Burry no longer sees Berkshire Hathaway as an attractive long-term investment.
His comments came after Buffett's company returned to buying stocks in Q2, with total purchases reaching $19.8B.
A lot going on beneath the surface right now 👀
Markets now price just a 30% chance of a deal by the end of August.
Interestingly, Trump is reportedly willing to discuss reopening the Strait of Hormuz even without a nuclear deal, while Iran is pushing for the withdrawal of US troops, the unfreezing of its assets, and reparations.
🤑 Spot BTC ETFs pulled in $854M last week — the strongest inflow since April.
That’s helping keep BTC above $65K, but traders are also pointing to a sharp drop in volatility. Historically, low volatility during a bearish market can be followed by another move to fresh lows.
💵 JPMorgan CEO Jamie Dimon sees the dollar potentially losing its status as the world's reserve currency over the next 25 years.
His take is simple: if the US no longer has the strongest economy and military, it won't remain the dominant reserve currency either.
🔪 And Michael Burry no longer sees Berkshire Hathaway as an attractive long-term investment.
His comments came after Buffett's company returned to buying stocks in Q2, with total purchases reaching $19.8B.
A lot going on beneath the surface right now 👀