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In hindsight, it was inevitable

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Even during a crash bros got his priorities in check.

What a legend.

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⚑️ JUST IN: Saylor says it’s a good time to add more DOTs.

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Making hundreds of millions or billions of dollars is more about the game you're playing than about how good you are at the game.

This is why you see some VCs get VERY wealthy even when they aren't S tier capital allocators.

Take a step back and ask yourself:

"Is the world I'm playing in, one in which I can make $5M even if I'm mediocre?"

For most people the answer is no.

But if you want the answer to be yes, you should play in a world where $5M is nothing but a blip in the scheme of things.


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πŸ—£ Trump Urges Netanyahu to Accept Iran Deal

Trump said Netanyahu should accept a deal with Iran following Iran’s missile strike on targets in Israel, marking the most serious ceasefire breach since April. Iran stated that a permanent ceasefire in Lebanon is a key condition for any deal with the US.

Trump warned that if talks fail, military strikes or a tighter blockade could follow, noting that economic pressure has proven more effective than military actions.

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⚑️ JUST IN: Strategy buys 1,550 Bitcoin at an average price of $65,332 from June 1 to June 7.

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Bybit launched the IPO Express platform for IPOs, starting with SpaceX.

It runs on xStocks by Payward Services.

Subscriptions are open from June 7 to June 11, with an indicative price of $135 per token and a minimum of $100 USDC, only for VIP and PRO users.

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⚑️ JUST IN: Sam Bankman-Fried formally applies for a Trump pardon, according to Bloomberg.

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πŸ“ˆ Bitcoin Cycle Bottom Likely Between $46K and $54K

Raphael Schultze-Kraft, co-founder of Glassnode, says the likely bottom of the current Bitcoin cycle is between $46,000 and $54,000, based on the most accurate CVDD indicator.

Other metrics like Balanced Price and Delta Price suggest a dip to $35,000–40,000.

Past cycle lows fell 77–85% from all-time highs.
Bitcoin is now about 50% below its October peak.

Schultze-Kraft says a deeper drop isn’t ruled out but maturity favors a bottom near the upper range.

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Imagine making $45 million but not take any profit at all.

He stated his net worth is $17,000 today.

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⚑️ JUST IN: Humanity Protocol reports a security incident involving compromised private keys of a Humanity Foundation member. They advise not to use the bridge or liquidity pools until further notice.

$H has dropped 80% following the announcement.

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SAHARA token of Sahara AI dropped 60%.

The team says the project is fine and launched an investigation.

It recently raised $43 million from investors including Binance and Pantera Capital.

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🫑 MetaMask Launches AI Agent Wallet

MetaMask has introduced Agent Wallet, a non-custodial crypto wallet that enables AI agents to autonomously execute trades on Ethereum and EVM networks. The wallet supports swaps, LP positions, perpetual futures, and event contracts.

Users set spending limits, agent autonomy levels, and approved protocols. The product is currently in early access for 200 traders and developers, with a public launch planned for this summer.

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🀝 ZachXBT Accuses Arthur Hayes of Market Manipulation

ZachXBT, a well-known on-chain detective, accused Arthur Hayes of repeatedly promoting tokens and then selling them after price increases, shifting the risk onto his followers.

He cited HYPE, NEAR, ZEC, and WLD as examples. The latest criticism followed Hayes selling all his WLD holdings despite his earlier bullish forecasts.

Hayes denied the accusations, stating he is simply taking profits as part of his trading strategy.

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Forwarded from Venture Capital
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😊 Strategy buys 1,550 Bitcoin after selling 32

Strategy disclosed a purchase of 1,550 BTC for $101 million at an average price of $65,332 per coin. The buy came shortly after the company sold 32 BTC for $2.5 million, a move that sparked concerns about liquidity and funding pressure.

The purchase was almost 48x larger than the sale. It also came at a price well below the $77,135 average sale price and below Strategy's reported cost basis. At the same time, the company rebuilt its cash reserve to $1 billion after it had fallen to around $900 million.

The important detail is how the purchase was funded. Strategy raised $181 million through newly issued shares and used that capital for Bitcoin purchases and reserve funding. The Bitcoin sale itself was not the source of the cash.

The model remains the same: issue equity, raise capital, buy more Bitcoin. The debate is shifting from whether Strategy will sell BTC to how much dilution each new purchase requires.

βœ”οΈ @venture
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⚑️ JUST IN: CZ says Bitcoin won’t be β€œdead” for too long.

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πŸ˜‚ Bounty Tattoo Fail Sparks New Token Buzz

At Pumpfun, a strange bounty promised 40 SOL to anyone who tattooed the token name BOUNTYWORK on their forehead and recorded it.

A guy from India went to a tattoo parlor, but the artist misspelled it as BOUTYWORK, technically failing the task. The community turned this mistake into a new meme token BOUTYWORK, directed fees to the guy, and he has already withdrawn nearly $30,000.

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100%

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