🚨 $11.4B Expiry → Boom or Crash?

Long → short → long = Blew up $99M overnight. Now deep in the red. Not Binance. Not Bybit. Something way more unhinged. You know right? This might be the most brutal liquidation of 2025, and it’s all public.

Here’s what we got for you today:

• ⭐ 7 Things You Shouldn’t Miss

• 📉 BTC Stuck in the Middle of Politics, Courts, an …

• 💎 InfoFi = Influence x Alpha x Onchain Power & 4 …

• 🤡 Meme Of The Day

⭐ 7 Things You Shouldn’t Miss

💥 Crypto whale James Wynn just got liquidated on Hyperliquid for $99.3M after $BTC.X ( ▲ 0.73% ) dropped from $109K to $104.7K. From +$87M profit to -$12M in the red. Wynn had gone viral for opening a $1B 40x BTC long in mid-May. But instead of taking profit, he kept flipping positions: long → short → long, just to stay alive.

🙌 SEC just gave the green light to crypto staking in the U.S.! Staking on Proof-of-Stake networks — even via third parties — is not a securities transaction, as long as the crypto doesn't offer passive income like dividends or profit-sharing. Now, you don’t need to register staking services like stocks anymore. Staking ETF is coming, Ethereum staking ETF!

👀 Did Trump just publicly shill $PEPE.X ( ▲ 2.66% ) ? He posted a bold photo of himself with a powerful message but $PEPE is right there, in the background. And just as this happened, the Ethereum ecosystem is seeing a strong recovery today. Coincidence? Or is this the ultimate signal?

🔹 Out of nowhere, SharpLink Gaming ($SBET.X ( ▼ 0.0% ) ) announced it’s becoming a full-on Ethereum treasury company. They raised $425M, sold shares at $6.15 and used ALL of it to buy $ETH.X ( ▼ 0.09% ) . Consensys, Pantera, and Galaxy backed the move. The stock exploded from $6.80 to $33.50 in a day, now hovering around $29 — a 400%+ jump. People are calling this Ethereum’s “MicroStrategy moment”.

🧊 Circle just froze $57M USDC on Solana linked to $LIBRA.X ( ▲ 0.73% ) , a memecoin that rugged earlier this year — linked to Argentina’s president. The freeze hit profits from LIBRA’s token dump, which crashed its market cap by 90%. Two sides are claiming credit: a US court and Argentina’s DOJ 🤷

💸 After nearly 3 years since its collapse, FTX officially begins payouts today to creditors owed over $50K. The other 27.5%? Still on hold, with no clear timeline. Over 630,000 claims submitted. Most repayments are in cash, not crypto — even though many creditors deposited crypto. Since the crash, $BTC.X ( ▲ 0.73% ) is up 4X, so… kinda disappointed.

📊 Over $11.4B in $BTC.X ( ▲ 0.73% ) & $ETH.X ( ▼ 0.09% ) options are expiring today and it could spark short-term volatility. BTC options: $9.79B. ETH options: $1.63B. Put-to-call ratio: BTC 0.89, ETH 0.81 → signals bullish sentiment. Even with a bullish setup, traders are still hedging downside risk. Demand for protective puts is rising.

📉 BTC Stuck in the Middle of Politics, Courts, and Banks

Bitcoin recently hit an all-time high of $112K on May 22, then cooled off to around $105K. But momentum was building again — until two major events collided:

• The Fed held interest rates steady and refused to commit to cuts.

• A federal court blocked Trump’s controversial trade tariffs, causing political chaos — and surprising optimism for Bitcoin.

1️⃣ Trump Met With Fed Chair Powell (May 29)

This was Trump’s first official meeting with Jerome Powell since returning to the White House. Trump wants the Fed to cut interest rates immediately to help boost the economy and beat inflation fears.

→ Powell politely declined. The Fed’s official statement confirmed:

• No rate policy was discussed.

• The Fed remains “independent” and data-driven.

But Trump wasn’t happy. "Not cutting rates is a mistake," he reportedly told Powell directly. He's also been posting on Truth Social, warning that Powell is moving too slowly and could "screw everything up."

2️⃣ Why This Matters for Bitcoin and Crypto

• Higher interest rates = harder borrowing = money stays in banks → bad for risk assets like $BTC.X ( ▲ 0.73% ) .

• Lower rates = money flows into stocks, crypto, and growth investments → good for BTC.

In the last 24 hours, nearly $700M in crypto positions were liquidated, with 90% coming from long positions.

→ BTC and ETH alone made up ~50% of that, while altcoins dropped ~10% on average. So when the Fed didn’t cut rates, it hurt short-term sentiment.

$BTC.X ( ▲ 0.73% ) has also dropped to around $105,000 today.

3️⃣ Before That: A Court Just Blocked Trump’s Tariffs

The U.S. Court of International Trade blocked his “reciprocal tariffs”, calling them an overreach of power. These tariffs (10%+ on imports) were signed in April and were blamed for pushing Bitcoin below $100K earlier this year.

The court ruled on May 29 that Trump’s actions violated legal limits.

According to analyst Kyledoops, the blocked tariffs could lead to refunds of up to $10 billion, including $3.5 billion for China alone.

According to Geoff Kendrick, global head of digital assets at Standard Chartered, the removal of tariff pressure could spark a new Bitcoin rally. He says BTC could reach:

• $120K by mid-2025

• $200K by year-end, driven by ETF growth and stablecoin demand

But, White House officials called it “judicial tyranny.” They asked the Supreme Court (by Friday) to pause the ruling, and said “Courts favoring global trade over American jobs”.

Finally, Federal appeals court temporarily reinstates Trump tariffs. So with all that chaos — rate drama, court back-and-forth, and $700M flushed — do you think BTC holds the $105K line?

💎 InfoFi = Influence x Alpha x Onchain Power & 4 Must-Know Projects

We’re entering a new phase in crypto where information itself becomes a financial asset. It’s called InfoFi — the fusion of information, attention, and influence into tradable value.

In crypto, narratives move markets. Crowd psychology often beats fundamentals.
→ InfoFi is about capturing that edge — turning social signals and on-chain behavior into alpha. Imagine trading not just coins, but the trends, hype, and insights behind them.

Here are 4 standout projects that are leading this movement — each from a different angle, but all betting big on the same future. If you know where the conversation is going, you can spot where the money might follow 👇

1️⃣ Kaito - AI-Powered Bloomberg for Crypto

Ever felt overwhelmed by the flood of crypto content on X, Reddit, or Telegram?
Kaito ($KAITO.X ( ▲ 4.7% ) ) is fixing that — by becoming what people are calling the Bloomberg Terminal for crypto.

Here’s how it works:

• Kaito scrapes through thousands of posts across social platforms, then uses AI to turn that chaos into clean, searchable summaries called Yaps. You get the insights without the noise.

• Not all accounts are equal. Kaito’s leaderboards track which wallets and influencers actually call smart moves — so you don’t waste time on hype.

• They target researchers, alpha traders, and project teams, with live products – including Terminal, Feed, Mindshare, Leaderboards.

Kaito doesn't just stop at tweets — it analyzes actual wallet behavior and trading activity to back things up with real blockchain signals.

Since it leans heavily on social content, there’s always a risk of shilling and misinformation. Plus, its token ($KAITO.X ( ▲ 4.7% ) ) has utility features like gating, staking, and influence voting, which can affect price dynamics if not handled well.

🤡 Meme Of The Day

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This newsletter is for informational purposes only and should not be considered investment advice. Traders should conduct thorough research, understand the risks, and carefully evaluate their decisions before investing in cryptocurrency.