📈Ithaca Protocol Market Update

► Hammack, Waller: Rate cuts coming (no surprise there, by hook or by crook, the administration will get its cuts, seems though irreversible damage taking place to get there)

► 21 Capital now complementing Bitcoin ETFs and Strategy

► Gold selloff, vol leaking, treasury curve uniformly lower signifying ‘Trump fought the bond market and the bond market won’; there is a non-falsifiable version of 8D chess here with administration trying to pry even Russia away from China’s orbit (almost lost cause, this can be a treatise)

► Fed announces withdrawal of guidance to banks regarding crypto assets and ‘dollar tokens’

► MOVE lowest since April 2nd. This again will have been a bad dream to be mentioned along other dramatic market episodes