CryptoTweets

Check "Highlights" for summary of key daily news

JUST IN: 🇺🇸 President Trump says "I made the USA 45 billion dollars in 8 months."

EVERY CEASEFIRE IS NOW BROKEN 🇮🇷 🇺🇸 Iran blocked US warships from entering the Strait of Hormuz. A separate report says two missiles hit a US warship near Jask island. 🇮🇷 🇦🇪 Iran launched a drone attack on the Fujairah petroleum industrial site causing a major fire. 🇮🇱 🇱🇧 Israel launched strikes on southern Lebanon today despite the active ceasefire. The conflict is on the verge of re-escalation.

JUST IN: DTCC to begin limited tokenized securities trading in July. DTCC processes over $2 quadrillion in securities transactions annually.

JUST IN: 🇺🇸🇮🇷 US Treasury Secretary Bessent says the US is opening the Strait of Hormuz.

JUST IN: 🇺🇸 Trump family's crypto firm World Liberty Financial files defamation lawsuit against TRON Founder Justin Sun.

JUST IN: 🇺🇸 Senator Tim Scott says Congress is making "real progress" on crypto market structure legislation.

JUST IN: Tom Lee’s Bitmine $BMNR buys $237 million worth of Ethereum.

JUST IN: Western Union's stablecoin $USDP is now live on Solana.

JUST IN: Brent crude oil spikes near $120 after reports of Iranian attack on a US warship.

JUST IN: $80,000 Bitcoin

JUST IN: GameStop $GME offers to buy eBay $EBAY for $56,000,000,000.

@jeff_herebnb35 ty bro! :)

@CryptoTweets Keep grinding good stuff

⚡️DAILY RECAP⚡️ • Berkshire Hathaway now holds $397,000,000,000 in cash, the highest amount in its history. • 🇺🇸 Pentagon signs deals with Google, Microsoft, AWS, Nvidia, OpenAI, Reflection, and SpaceX to deploy AI in classified military systems. • 🇺🇸 US starts refunding $175,000,000,000 in tariff revenue. • 🇦🇪 UAE oil giant ADNOC to invest $55,000,000,000 in new projects by 2028. • Elon Musk says his goal is to reach a $10 trillion net worth.

@cryptogoos x.com/elonmusk/statu…

THIS IS INSANE: Elon Musk just said his goal is to reach a $10 TRILLION NET WORTH. "$10T or bust"

JUST IN: Elon Musk says his goal is to reach a $10 trillion net worth. "$10T or bust"

JUST IN: 🇦🇪 UAE oil giant ADNOC to invest $55,000,000,000 in new projects by 2028.

BAD NEWS FOR RISK-ASSETS 🇺🇸 The US government’s main account (called the Treasury General Account or TGA) is nearing $1 trillion. This is the highest amount in almost 5 years. In the past month alone, it increased by ~$300 billion. Here’s why this matters👇 When the government adds money to this account, it pulls cash out of the financial system. That means less money available for banks, lending, and investing. Why that can be bad: 1. Less liquidity Banks have less cash available, which can create stress in short-term funding markets (like SOFR). 2. Higher interest rates To build up this cash, the government often issues more short-term debt (T-bills), which can push bond yields higher. 3. Pressure on markets Higher rates and lower liquidity tend to hurt riskier assets, especially crypto. What this could mean: When liquidity drops, crypto is often hit first. This doesn’t guarantee a drop, but overall, conditions may be tilted to the downside for now. What do you think?

NEW: 🇺🇸 Pentagon signs deals with Google, Microsoft, AWS, Nvidia, OpenAI, Reflection, and SpaceX to deploy AI in classified military systems.