MJ

NEWS: Today, Trump signed an executive order committing the United States to return to the Moon by 2028, build a lunar outpost by 2030 and prepare for the journey to Mars. Everything in the Executive Order: • Return Americans to the Moon by 2028 • Begin building a permanent lunar outpost by 2030 • Make U.S. space superiority a core national priority • Expand commercial launch, lower costs, increase cadence • Develop next-gen space-based missile defense by 2028 • Detect and counter threats in LEO and cislunar space • Rapidly modernize national security space architecture • Deepen allied cooperation in space security • Grow the U.S. commercial space economy • Target $50B+ in new space investment by 2028 • Support a commercial successor to the ISS by 2030 • Enable space nuclear power for lunar and orbital missions • Improve space weather forecasting • Lead on space traffic management & debris mitigation

You’ll succeed in this game when you master the art of losing strategically. You must lose, many times. It's the only path to true success. Lose strategically and you will win the game.

Since the crash, BTC showing some weakness against Nasdaq - seems to be decoupling today

@luckychartape Super informative order flow perspective, thank you

A video explaining my thoughts on $doge, and how I used order flow on the low timeframes to execute this long trade. I also cover $btc #bitcoin

Health Secretary Says Government Plans To Launch New Medical Journals zerohedge.com/political/heal…

Israeli Foreign Minister Says Arms Embargoes Will Lead To 'Second Holocaust' & End Of Israel zerohedge.com/geopolitical/i…

@keira_con Think this is from 2018

Fun times ahead for Ireland and All EU countries under the finger of the EU, Spend just under 2 minutes to watch this, it will put the hairs standing on you neck. When you consider news agencies and TV stations like RT were blocked in the EU this is just another level of control. No wonder EU want Ireland to enact the new hate Speech laws. As it is the NUJ did a deal with the UN that their members would not negativity report on migrants even if they committed crimes. Now The EU wants an extension of hate speech to include The criminalisation of migration speech, criticism of migration WILL become a criminal offense, Also Media outlets that give room to the "criticism of migration" can and will be shut down. The complex for migration is legalisation of mass migration

Watch Starship's ninth flight test → spacex.com/launches/missi… twitter.com/i/broadcasts/1…

JUST IN: 🇺🇸 Fed Chair Jerome Powell says #Bitcoin "is a competitor to Gold, not the U.S. Dollar"

Powell’s keynote: #Bitcoin is just like gold, except it's digital. It’s a competitor of Gold and it’s a speculative asset. His tone towards $BTC starts to shift entirely.

🇺🇸 Powell: “Bitcoin is just like gold, except it's digital. Bitcoin is used as a speculative asset; it's a competitor with gold, not the US dollar.” 👀

Jerome Powell says "Bitcoin is a competitor with Gold, not the US Dollar" - CNBC Bitcoin is quickly being recognized as gold 2.0, even by traditional finance and the government. This is what winning looks like 👏

@cutinyun185422 Do you mind sharing what tool this is? Thanks

The delusions behind a bitcoin strategic reserve. That's the title of the latest bitcoin opinion piece in the FT. Let’s break down their claims and see if they hold up. Spoiler: they don’t. 🧵

“$1.0M #Bitcoin is crazy.” You know what’s crazy? Your grandparents used to pay 15 cents for a hamburger and now you’re $36 trillion dollars in debt.

Here's how a gamma squeeze could take us straight through $100k BTC - ELI5 A call is simply a contract in which the buyer can lock in a purchase of 100 shares, at a given price The vast majority of the time when you buy a call, the person selling you the option ("writing" the contract) is a market maker This means that the seller ("market maker") must sell you the underlying stock at the strike price you agreed on, should the underlying hit that strike and you choose to exercise. They need to be prepared for that. Example: IBIT is at $54 and you buy an IBIT call with a $100 strike price which expires the end of December This if pretty far "out of the money". The likelihood of it happening is pretty low, since it implies a ~90%+ move in IBIT in just a month Each contract has three main 'greeks' which determine its value: delta, gamma and theta: --Delta = how much your contract gains in value, for every $1 move in the underlying --Gamma = sensitivity of delta, how much the delta will change given a $1 move in the underlying --Theta = how much your option loses in value with each passing day Now, imagine you are a market maker like Citadel. Market makers generally do not make money on directional moves and like to remain directionally neutral ("delta neutral") What this means in practice, is that when you buy that contract, Citadel must go and buy the underlying stock (again, to prepare for the eventuality that they might need to sell you 100 shares at $100) If you're Citadel, you don't want to be in a contract with someone to sell them 100 shares of IBIT at $100 and see IBIT ripping up to $200, because you need to provide those 100 shares at $100. Sure, you could go and rush to buy the shares at $200, but you'd be forced to sell them at an immediate 50% loss. Delta indicates how many shares of the underlying stock must be bought for each contract (generally). For example, that $100 call would likely have a lower delta, given its unlikelihood. The delta on that far out of the money call might be as low as 0.30 (meaning only 30 shares of the underlying- everything with options is multiplied by 100 because each contract represents 100 shares). The more "In The Money" (ITM) a contract is, the higher the delta because the more certain the strike price will be met The more the stock moves up (in the case of calls), the more the delta increases (this sensitivity is gamma) Sticking with the above example, when Citadel writes that initial contract, the delta is 0.30 meaning they go out and buy 30 shares to hedge, initially. Now say that the next day, IBIT/BTC rips higher by 20%. Now, IBIT is $60 and that $100 call looks a little more likely. The delta on that call might have increased to 0.40. This means that Citadel needs to go and buy an extra 10 shares to remain hedged Now that added buying pressure from Citadel obviously puts upward pressure on the underlying stock (and therefore, BTC too). This means that the stock moves even higher, causing all those call options' delta to increase even further, driving even more buying from Citadel, pushing the stock even higher... etc. Hopefully you see how this is a virtuous cycle. A feedback loop. This was the main dynamic behind AMC and GME squeezes in 2021. Shorts covering their positions was part of it, but remember, an options gives extreme leverage. Each contract represents 100 shares so the notional exposure is quite high, given the relatively low cost of the option. The AMC and GME degens could buy far OTM calls for as little as $10 per contract. Using the same example, that $100 call expiring in December, offers $10,000 in notional exposure (100sh x $100 strike), but because of the low likelihood of it happening when the contract was written, may be as cheap as $100. So what's the deal with IBIT? Why do I see this as a possibility worth mentioning? Normally, the ratio of puts to calls is about equal (or relatively close to it). Remember, the dynamic for calls also works for puts, in reverse. The same exact downward pressure can happens if everyone is piling into puts. So hopefully, you can see how the ratio of puts to calls is extremely important. So far, the skew on IBIT is extremely high, the highest I have seen since GME and AMC days. The put to call ratio for IBIT is 0.29 (0.3 puts for each call) There have been over 3.3x as many calls as puts IBIT traded over $1.8 billion in notional exposure on day 1, alone $IBIT $BTC $BTCUSD #Bitcoin

Love to see $PONK flying this lovely morning 😁 Many will still not believe that this is going to 100M MC Hope @MustStopMurad is paying attention, because: 1. First 85% correction stress test complete ✅ 2. Community grew by multiples on the test 👥 3. $PONK ambassadors growing as people take notice 🤩 Send it! 🚀

Please let Mike Tyson identify as a woman and bring some equity to the Olympics