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🚨 REKT: Over $1.12 billion liquidated in the past 24 hours, with longs taking the majority of the hit at $949M.

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🚨 JUST IN: Peter Schiff says, β€œThe market cap of Tether will soon surpass the market cap of Ethereum. It will eventually surpass the market cap of Bitcoin too.”

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πŸ”₯ BIG: Stripe, Visa, Mastercard, and Coinbase are forming a consortium to launch a new stablecoin to rival Circle and Tether, per The Information.

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🚨 JUST IN: Elon Musk says, β€œWe are gradually widening the availability of X Money.”

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⚑️ NOW: Arthur Hayes dumps his entire $HYPE and $NEAR positions, citing rising energy prices, upcoming AI mega IPOs, and expecting market highs to peak before September.

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⚑️ JUST IN: Coinbase is launching pre-IPO perpetual futures, starting with SpaceX.

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🚨 INSIGHT: The recent ~$4 billion in Bitcoin ETF outflows reflects capital rotating into AI investments, not weakening Bitcoin fundamentals.

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πŸ”₯ BIG: Apple is preparing to launch a new Siri in September, reportedly with support from Google and Nvidia.

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