BTC Storms $86K, Dollar Dives to 3-Year Low, Canada’s boasts a SOL ETF and Kraken eyes stocks. In 90 days time, where tariffs leave the world?

TLDR

BTC hits $86K, ETH holds, SOL ETF lands in Canada—MicroStrategy buys $286M BTC, ZachXBT exposes OM crash culprits. NASDAQ gains, S&P death cross looms, dollar’s at 3-year low—FARTCOIN, KERNEL lead degens as lasting trade war fears spark recession talk.

Main Crypto News

Crypto’s riding high today—Bitcoin’s surged 2% to $85,800, kissing $86K, with its market dominance spiking to 64%—the king’s flexing on alts. Ethereum’s flat at $1,640, holding steady, while Solana’s up 1% to $133, boosted by news Canada’s launching the world’s first SOL ETFs this week—a big win for maple syrup degens. BTC ETFs pulled in a modest $2M, but ETH ETFs bled $6M—investors are choosy.

MicroStrategy’s at it again, scooping $286M more BTC—Saylor’s stack just won’t quit. The SEC’s dragging its feet on ETH ETF staking, delaying a decision, while a whale quietly bagged $26M in ETH—someone’s betting big. ZachXBT’s dropped a bomb, naming key players in the OM crash—onchain sleuths never sleep. IP took a wild ride, flash-crashing 20% before rebounding—heart palpitations for holders. Binance, KuCoin, and MEXC hit snags from AWS outages—cloud’s not always sunny. Visa’s joined Paxos and Robinhood’s stablecoin crew, Kraken’s eyeing stocks and ETFs, but Anchorage is under Homeland Security’s microscope—trust’s on trial. Circle’s EURC supply hit an all-time high, and Argentina’s greenlit a tokenization sandbox—South America’s catching up. Crypto’s got momentum—ride it or get rolled.

Macro Trad-Fi

The macro scene’s a tug-of-war—NASDAQ’s up 1% to 16,800, juiced by tariff reprieve buzz, but the S&P 500’s flashing a death cross—bearish clouds gathering. Gold’s climbed 1% to $3,245, a safe haven as the dollar tanks to a three-year low—greenback’s getting humbled. Fed’s Waller warns tariffs could push inflation to 5%, with U.S. financial conditions the tightest since 2020—Trump’s mulling a pause on auto tariffs, but Nvidia’s erased its “exemption” gains.

Ray Dallio’s analysis of change in world order and monetary order are coming into light more and more no matter how much people don’t want to revisit similar times in history of great disturbance.

Market bearishness is at 2008 levels, corporate bankruptcies hit a 15-year high, and Goldman Sachs predicts zero growth for 2025—Hassett’s still chirping “100% no recession,” though. Coachella’s ticket buyers? 60% on credit—party now, pay later. Bessent’s hunting Powell’s replacement, China’s pointing fingers at U.S. cyberattacks, Japan’s 30-year yield hit a 2004 peak, and the BoJ’s holding off rate hikes—IMF’s screaming global recession if trade wars escalate. Trump’s vowing to “solve” Iran, froze $2.2B in Harvard funding, and Nvidia’s building AI supercomputers stateside—OpenAI’s new 1M-token GPT 4.1 coding model just dropped. World’s spinning—grab a rail.

In The Trenches:

Degen land’s where the fun’s at—FARTCOIN’s leading the top 100 at $930M, with KERNEL, DARK, MEMECOIN, and MLG burning up. XCOPY Editions and Quills Adventure NFTs are hot—Punks whale Wilcox pleading guilty to tax fraud’s a side drama. KERNEL’s hit $330M as a BNB restaking protocol—smart money’s moving. SOL tokens are live on OpenSea, with SOL NFTs coming soon—Jupiter’s Pro launch is stoking the fire. BIG rebounded to $6M after a brutal dip, and YEET’s clocked $20M in volume since launch—degen bags are swelling. The left curve’s a wild ride—stack or get smoked.