📈Ithaca Protocol Market Update

► Robinhood steals the limelight with their Layer 2 / tokenized shares / perps announcements

► $ weakness, uneventful month-end

► Rates continue rallying, Trump not love letter to Powell calling for lower rates; market has started pricing it already

► Europe accepting 10% tariff with ‘ exceptions ’. This is at least great marketing in terms of negotiation tactics

► Payrolls on Thursday in a half session; only crypto open for few days and volatility feels low

► Tom Lee and ‘ Microstrategy of Ethereum ’ + on chain cash flow ( we are still at levels 15% lower than pre ME events ); screaming cheap