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Weekly Alpha
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Binance case closed: SEC backs off

Fox Business reports the SEC has ended its legal fight with Binance following a mutual agreement. The case focused on alleged securities law violations.

Binance has yet to comment, but CZ posted a clown meme of former SEC chair Gary Gensler.
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SharpLink Gaming has filed to issue up to $1 billion in securities and announced plans to allocate the funds toward purchasing $ETH.
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You’ll find peace once you accept
you won’t catch every pump
and you won’t escape every dump.
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Bitcoin’s 60-day correlation to U.S. 10Y Treasury Futures has hit an ALL-TIME LOW
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The trenches.
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BTC always dumps after the Bitcoin Conference (5/5 track record)
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OTHERS/BTC just hit new cycle lows after its brief 6-day strength in May faded.
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Bitcoin Payments for Priority Access to Panama Canal?

At Bitcoin 2025, Panama City Mayor Mayer Mizrachi floated a bold proposal: allow cargo ships to skip the line at the Panama Canal β€” if they pay in Bitcoin.
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James Wynn has been fully liquidated
Current balance: $16.28
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BTC Balance on Exchanges Hits Multi-Year Low

Analysts report that only 2.4 million BTC remain on centralized exchanges β€” the lowest in years.
This signals rising investor confidence in long-term holding and self-custody.
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META SAYS NO TO BTC TREASURY

Over 99% of shareholders rejected a proposal to consider adding Bitcoin to Meta’s $72B treasury.
It was the least supported item on the agenda.

Is Big Tech really not buying the Bitcoin hype?
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Forwarded from Trade Watcher
Palantir: the altseason crypto never got

While crypto traders chase constantly wrecked alts, some argue the real casino has moved to traditional markets.

From the November 2022 bottom:

β€’ Palantir β†’ +1800%
β€’ Meta β†’ +735%
β€’ Nvidia β†’ +1050%
β€’ Ethereum β†’ +235%

Which begs the question:
If another recession-driven dip comes, what would you rather buy?

Nvidia at $30–50 aiming for $150–300…
Or ETH at $1,000 aiming for $2,500?
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James Wynn blew $100M on perps in a single week β€” and got liquidated.

Here’s what he could’ve bought instead:

β€’ Private jet β€” $20M
β€’ Luxury mansion β€” $20M
β€’ Actual castle β€” $20M
β€’ Hypercar collection β€” $10M
β€’ 2 Alien CryptoPunks β€” $10M
β€’ Still $20M left to gamble or flex
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