May 14 Update: #Bitcoin# ETFs: 1D NetFlow: -8,158 $BTC(-$653.21M)🔴 7D NetFlow: -16,585 $BTC(-$1.33B)🔴 #Ethereum# ETFs: 1D NetFlow: -17,030 $ETH(-$38.5M)🔴 7D NetFlow: -125,375 $ETH(-$283.47M)🔴 #Solana# ETFs: 1D NetFlow: -474 $SOL(-$43K)🔴 7D NetFlow: +624,437 $SOL(+$56.82M)🟢

May 13 Update: #Bitcoin# ETFs: 1D NetFlow: -2,712 $BTC(-$216.33M)🔴 7D NetFlow: -8,165 $BTC(-$651.25M)🔴 #Ethereum# ETFs: 1D NetFlow:-66,320 $ETH(-$150.41M)🔴 7D NetFlow: -107,681 $ETH(-$244.22M)🔴 #Solana# ETFs: 1D NetFlow: +218,148 $SOL(+$24.62M)🟢 7D NetFlow: +865,506 $SOL(+$63.59M)🟢

May 12, near the former site of Juyuan Middle School in Dujiangyan, Sichuan. A large number of family members of the victims gathered to burn incense, light candles, and set off firecrackers to mourn their loved ones lost in the earthquake. During the massive earthquake on May 12, 2008, two teaching buildings at Juyuan Middle School were razed to the ground, resulting in the tragic deaths of 278 students and 6 teachers. In stark contrast, residential houses surrounding the school and other structures on campus did not fully collapse—some older buildings even remained standing. Following the disaster, several architectural experts conducted field investigations and pointed out clear quality issues in the collapsed school buildings, including insufficient reinforcement ratios, substandard cement grades, and structural connection defects. However, the authorities insisted on categorizing the tragedy strictly as a "natural disaster." Despite the victims' parents persisting in their pursuit of justice for years—demanding a thorough investigation and legal accountability for those responsible for the construction—their efforts remain without result to this day.

Maybe this is a contrarian take but I find Solana's near term roadmap to be FAR more interesting and compelling than MCP. - 150-200ms slots brings solana to closer to parity with hyperliquid / DZ now above 50% adoption helps reduce global latency - 2-slot leaders span / 50ms ticks also brings solana closer to hyperliquid, but also effectively reduces censorship resistance in the case of a malicious leader (just looks more like a delay) On Terminal Wars 2.0 / Perp Dex Wars — I believe the winners will win because of 1) product selection, 2) market makers/ depth, 3) composability/capital efficiency as a function of cross-margining, and 4) leverage. Do those things right, and traders will move. We're in inning 2-3. No ones lunch is safe. Super-liquidity is a feature of crypto.

May 12 Update: #Bitcoin# ETFs: 1D NetFlow: -7 $BTC(-$566K)🔴 7D NetFlow: +612 $BTC(+$49.41M)🟢 #Ethereum# ETFs: 1D NetFlow: -1,183 $ETH(-$2.7M)🔴 7D NetFlow: -2,742 $ETH(-$6.25M)🔴 #Solana# ETFs: 1D NetFlow: +259,129 $SOL(+$24.62M)🟢 7D NetFlow: +669,359 $SOL(+$63.59M)🟢

Maye Musk on Elon: He wants to leave the world in a better place than he found it “People often misunderstand Elon. He’s not motivated by money or fame—he’s motivated by the idea of improving humanity. Whether it’s making electric cars mainstream, reducing the risk of human extinction through space exploration, or ensuring the free flow of information on platforms like X, his goal has always been the same—to leave the world in a better place than he found it.”

May 8 Options Expiration Data 20,000 BTC options are expiring, with a put-call ratio of 0.73, a max pain point of $79,500, and a notional value of $1.6 billion. 182,000 ETH options are expiring, with a put-call ratio of 0.93, a max pain point of $2,350, and a notional value of $410 million. This week, Bitcoin rose steadily from $75,000 to $82,000 before pulling back last night. Despite the positive price action, market sentiment has remained relatively calm. Major-term options and short-term implied volatility (IV) remained unchanged from last week, while short-term IV saw a slight increase. Bitcoin’s primary short-term IV hovers around 35%, while ETH’s primary short-term IV is near 50%; both medium- and long-term IVs have also seen modest declines. Looking at key options data, Skew remains relatively stable with a very slight increase, and the market’s directional sentiment remains neutral. Only 5% of options expire this week, with extremely low options activity and futures trading volume at historic lows. Open interest stood at approximately 20% at the end of May and 30% at the end of June, while block trades have been relatively inactive—all of which are signals of a consolidation phase. In the second quarter of this year, Bitcoin performed well in terms of both price and market sentiment, but overall market enthusiasm remains subdued. Currently, the focus is primarily on Bitcoin trading, and it makes sense to position for some medium- to long-term options. Additionally, investing in some high-quality altcoins appears to offer good value for money.