YEET.com has been doing some cool stuff lately in the crypto casino space, so we’re giving it a shout-out for anyone who’s been meaning to check it out.
They’ve been putting out a bunch of fun, crypto-themed games with plenty more coming!
I mean, check out the roster, plenty to choose from, plus it’s as easy as registering here and having some good old dicy fun:
Crypto funds are exiting BTC at the fastest pace in a minute while chasing HYPE, our dreams of BTC bouncing are shattered (for now), and we just saw $678 million in longs liquidated in the last 24 hours. Well, GM.
On top of this, Iran just straight up ended all negotiations with the U.S., saying they will close down Hormuz permanently (we talked about this two months ago), and of course, oil is back to the pump mode. Meanwhile, stocks closed at yet another all-time high, and BTC remains the most butthurt asset, taking damage from every headline possible.
This meme says everything, to be honest. Yes, our bags are weak at the moment. Look at stonks, then look at BTC. It’s absolutely clear who’s the loser this year. To me, this is yet another instance of underscoring the fact that the 4-year cycle is still firmly in place.
BUT - looking for a bounce and, more importantly, a macro bottom from here makes the most sense to me, especially since we're starting to see Inverse Cramer post like this. Whether it’s around $60K (more likely) or here just slightly below $70K, I think long-term buyers can simply chill. stocks already
Meanwhile, we can have plenty of fun inside the altcoin space. We already memed about BTC dominance yesterday, and today, big accounts such as Bluntz are noticing the same. How long can this last? And will dominance continue to dump even if Bitcoin bounces? We shall monitor.
To be fair, alts are finally giving up some ground, including HYPE with a bearishly diverging double top RSI on the daily. I’d guess as long as BTC remains below $70K, we can expect a little, all-around breather.
Fear not, though, as the HyperEVM airdrop hopium posts roll back in. As of now, even if Jeff decided to drop just 1% to the EVM users, it would be a whopping $720 million distributed. If they decided to drop the full stack, which is over 41% for community rewards per tokenomics, they would distribute $30 billion to its users. Nuts. Imagine they just do that, unprecedented.
Speaking with the Hopium tongue, here’s a solid list of the latest alt runners I bumped into. All of these are massively pumped already, so take this more as a “hey, look, the pumps, they are out there”, than a “go buy this shit right now without even looking at the chart”. Not financial advice, any of this.
👇 And if you haven’t yet, hit subscribe below 👇
The important bits.
TrueNorth called the “SaaSpocalypse” as a buying point way back in February, read and follow here
Surf AI can help you decide who to trust or not on social media, watch here
SwapRoyale paid out over $40K to its users during May for free contests, learn more
Squid posts a full ecosystem dashboard basically covering the whole of crypto, see here
Nado announces the end of the $100,000 prize pool competition, more coming - learn here
Sport.fun announces partnership with Saeed TV, one of the most popular football content creators, watch here
Felix Protocol enables you to trade stocks such as IBM fully onchain, read here
Sophon announces their upcoming “Blockchain Hangover” pivot, listen here
Aerodrome announces new rewards distribution mechanisms, watch here
Cap announces their Token Auction mechanisms, read how to get CAP here
Even more important bits.
Kalshi's first example of a small business using it as a hedging tool is The Jeffrey, an NYC bar, full info here
Ethereum Going Back on Offense, read the article by Joseph Chalom here
Ink Chain by Kraken announces “InkWorks”, read here
Vitalik made a new post about DeFi, specifically index-tracking assets, read here
Charts and stats of the day.
Nev calls out the WLD run and frontruns Arthur Hayes, chart here
HYPE continues to cement itself as the leading alt on Derive, full stats here
Apyx now holds $300M worth of STRC, see here
How long can this HYPE rally last? See the comparisons here
NEST on HyperEVM reached all-time highs, see here
EdgeX token dumped 70% in one candle, explanation to be announced soon, read here
Chainlink Reserve added 132,003 LINK worth over $1.1M, read here
Bitwise ETF clients bought $41.8M in HYPE last week, stats here
Lastly, our daily Telegram bulletin is back! Join in right here and stay on top of everything, every day.
Phygitals
This one is for those (like me) who knew CARDS and the TCG meta are for sure the next big thing, yet somehow decided to stay on the sidelines, watching the charts pop off.
Fear not, you can still get positioned - Phygitals is cooking nonstop for around a year straight now, and it’s still tokenless.
The fun part? The platform is already doing more than half the numbers of Collector’s Crypt (CARDS), currently valued at $424 million FDV. Yep, that’s half a billion right there, which puts Phygitals at a minimum FDV of $200 million for the current market conditions (in my opinion):
How to get positioned? Of course, there’s no airdrop confirmed from the team or anyone else - yet, we can stack points whenever we choose, while getting some of the best odds to win high-value cards - see Colada’s post on this here.
If you want to join me on Phygitals, feel free to use this link and get extra karma for your pulls. Good luck!
Kohaku: All You Need To Know About Ethereum's Privacy Push.
Will Solana end up just like Ethereum, or worse? Interesting to watch:
The AI news & updates.
Anthropic officially signs S-1 draft to SEC for IPO, read here
Anthropic reportedly considering canceling its IPO after Jim Cramer says it's the one IPO he most wants to buy
Nvidia corners the AI agent stack, more info here
Bernie Sanders proposes American AI Sovereign Wealth Fund Act, read here
Meta AI Instagram exploit: hackers simply asked the chatbot for password resets, read here
MiniMax M3: open-weight challenger claims to top GPT-5.5, read here
Google AI search overhaul sends DuckDuckGo installs up 30%, read here
Florida AG files first state lawsuit against OpenAI and Sam Altman, read here
Huawei chairman thanks US for chip sanctions while China is building a sovereign semiconductor stack, read more
AI Articles of the day.
Jensen Huang laid out his GTC vision at Computex Taipei today, article by TrueNorth here
Three Must Read Crypto / AI Protocol Mechanisms, read here
China’s lab-grown diamonds are emerging as a surprising beneficiary of the AI boom, read here
The Agentic Economy is happening on Pump.fun, read here
IsAIProfitableYet.com (No, it isn’t)
Tria (Crypto card, spending) - Announces Season 3 and reward mechanisms
Genspark ($250M ARR in 12 months. Agentic AI search)
No offense to anyone, not even ETH holders. It’s just is what it is.
A little bit of redacted hopium, but here it is. Seeing a lot of sides arguing about how much Saylor sells or buys from here. Curious to see how it all works out, but at this point I’d certainly like to remember sensible dip buying price spots by Strategy. I just don’t.
If this was useful, forward it to one person sitting on the sidelines right now. That's how this thing grows. MUCH appreciated.
Hix0n 🫡
