Bitcoin dominance indicates a possible altcoin season
βLook at the last two times, we shot above 60% Bitcoin dominance. And 60% Bitcoin dominance just means Bitcoin's market cap is 60% of all crypto out there. And so last time we pumped above 60%, a very quick correction. And the time before that, an even more quick correction. And if you look right here, we are starting to see a red candle on the daily.β
βFirst thing, we are bouncing at the exact support level that helped ADA bounce 90% and 200% before. And I'm talking about this level right about 24 cents. And you can see right there, right at 24 cents, we bounce hard in 22 and in 2023 and again potentially in 2026 Now, the first pump, like we were saying, 90%, but the second one actually pumped even harder.β
βDemocrats in congress are gonna force votes attempting to constrain the president on this war. The constitution, of course, gives congress the power to declare war, although it hasn't worked that way in practice in quite a while. Those votes are expected to fail as have all of their past go rounds at this.β
βMass shootings in 2023 have also continued in high numbers, with 528 occurring as of October 2 according to Gun Violence Archive. Additionally in 2023, as of November 8, the US experienced 25 weather and climate disasters which caused at least $1 billion in damage each. Elections were held on November 7, 2023 This was an off-year election where neither the president or vice president were on the ballot.β
Federal Reserve hiked interest rates to moderate inflation
β2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year. The Federal Reserve raises interest rates by 0.25% from 4.5% to 4.75% during its February meeting. This followed a period of intense focus on fiscal policy and banking stability after the failure of several regional banks.β
βThe dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis.β
Litecoin shows weakness after recent network attacks
βLitecoin had all types of issues. I don't know if that has something to do with the AI suite of tools with cybersecurity, anthropic tools for perhaps I don't know. We're we're not gonna get into it, but, basically, it's a a DDoS attack. Had to rewrite a few blocks. Pulled up the Litecoin chart. Litecoin just looks terrible. I I've saw this chart, and it just it does not look great. There's obviously, you zoom out on the weekly. That's not what you wanna see.β
βInmates pledged to give up drugs and to undergo frequent drug tests. In return, they're moved to special drug free wings where access to gardens, music lessons, and other perks are on offer. The Ministry of Justice says reoffending rates are down by forty four percent, and acts of violence and self harm down thirty percent inside those prisons participating.β
Artificial intelligence fueled major Hollywood labor strikes
βThe rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike, these were part of a larger phenomenon of labor strikes across the country.β
βJD Vance's trip to Pakistan for these U.S.-Iran peace negotiations shows a level of diplomatic initiative we haven't seen from a Vice President in quite some time. By engaging with regional partners in this way, the administration is attempting to de-escalate tensions that have plagued the Middle East for decades. It's a high-stakes move that could redefine our foreign policy footprint.β
Iran peace talks fail over Hormuz blockade threats
βPresident Trump is threatening to blockade the Strait Of Hormuz, one of the several key sticking points in failed peace talks with Iran. Negotiations in Islamabad broke down overnight with disputes over nuclear ambitions, sanctions, and control of the critical oil route.β
βThe dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis and the annual budget debate nearly devolving into a government shutdown.β
Elephants recover from captivity through social bonding
βThe refuge has been taking in elephants for two years now. It's designed as a retirement community of sorts for those that have been working in zoos and circuses or privately owned, says Buckley. They're recovering from the trauma that they experienced living in captivity. And for them to open up and trust you while you are there with them, helping them work through it, it's indescribable.β
Elephant Mundy successfully integrates into Georgia refuge habitat
βI'm kind of in shock. I wanted to feed Mundy and Tara close together. And so I fed Tara over here. She picked up her food and brought it right over to the fence line here so she could be eating with Mundy. So you tell me what that means. I think that is really good.β
ARRL launches mobile app for Dayton Hamvention event
βAs you know, Hamvention is the world's largest gathering of radio amateurs. It's held this year, May 16th through 18th in Zinnia, Ohio. There's a lot to do and see, so we want to help you use the ARRL Events App to make sure you don't miss a beat and you can plan out your visit ahead of time. Hundreds of our fellow hams have already installed the app this week and are using it. It includes Hamvention's full program.β
Brazil removes Morse code requirement for ham licenses
βBrazil's telecommunications regulator, ANATEL, has two big changes planned for the nation's hams. The Brazilian regulator will no longer require Morse code for amateur licenses under the changes that have been under consideration since 2020. The regulator will update content in its exams for its three license classes. This is one of several changes contained in a resolution released on April 28th by ANATEL. The resolution also grants hams the ability to operate on citizens' band 11 meter frequencies.β
βI'm kind of in shock. I wanted to feed Mundy and Tara close together. And so I fed Tara over here. She picked up her food and brought it right over to the fence line here so she could be eating with Mundy. So you tell me what that means. I think that is really good.β
Goran Ivanisevic provides elite guidance for Arthur Fils
βI feel like Goran Ivanovich is an ideal coach for this next stage of his career. The fact that, I mean, again, I always feel like I'm touching wood on his health because I can't believe this comeback. It's pretty unprecedented to come back and play like this, you know, consistently, but let's assume that that's in the past and that physically is okay. The next steps to be taken, he has the perfect guide in my view. Goran, by the way, believes that he was looking at a top 10 player in Hodar as well.β
Marta Kostyuk wins historic all-Ukrainian final in Rouen
βWon by the top seed, Marta Kostyuk, following an all-Ukrainian final. She beat the 19-year-old qualifier, who quite frankly, I had not heard of before this week, Veronika Podrez, 6'3, 6'4, and had some incredibly powerful words to say after the match during the trophy presentation. She said, This match today was not just a match. It was a historical moment for Ukrainian tennis. The first time two Ukrainians play in a final. I know how much work, sacrifice, tears, and sweat goes into this sport, and to be able to be on this stage.β
βIn the face of L1s seeing hacks left and right, this should be a positive catalyst moving forward. But having zero hacks isn't going to lead to immediate green pumps, but over the long term, it should be seen as a benefit for the larger crypto ecosystem. And we are seeing signs that we are about to see an alt season breakout.β
Strait of Hormuz blockade slows global trade traffic
βTrump said The US seized an Iranian flagship in the Gulf Of Oman. This is the first known use of force in the blockade, and this happened after Iran's Islamic Revolutionary Guard Corps attacked two commercial vessels. So now uncertainty hangs over The US Iran talks as the ceasefire deadline looms. We don't know if the ceasefire is gonna hold.β
Marketa Vondrousova faces investigation for refusing doping test
βMarketa Vondrousova, the former Wimbledon champion, has been charged with refusing a doping test after what she calls an acute stress reaction. This from reporting by Charlie Echolchet in The Athletic. An ITIA spokesperson has confirmed to The Athletic that Vondrousova could face a ban of up to four years and that she's under investigation for an event which took place in December of last year. Vondrousova is free to play while under investigation. On Friday afternoon, she, Vondrousova, that is, issued a statement on Instagram detailing how a random visit from a doping control official caused an acute stress reaction.β
β2023 also saw the roots of a global banking crisis arise out of four American regional banks, the two largest being Silicon Valley Bank and First Republic Bank. 2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year. The rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike.β
Karolina Muchova flips head-to-head records against top players
βYeah, she'd lost six times in a row to Goff. And she'd actually lost three times in a row to Svitolina. So to flip those head to heads around in consecutive matches, I agree with you, this does feel like a real step for Muchova. I talked on the pod on Thursday about some of those match up issues with Goff. Interestingly, we hadn't seen it on clay. And in my head, that would probably only help Koko Goff, but actually, I do think Muchova really played phenomenally well in this one and found a way to have a constant threat.β
βThe twenty day moving average looks like it wants to go above the one hundred day moving average. Is this bullish? Should we celebrate? Should we pop the champagne? Yes. If you look at the previous times, this will make you wanna pop the champagne. So the last time we saw this is April 2025. Right here. April 20 that's actually crazy. 04/25/2025. Right now, it is 04/27/2026. So we're talking about three hundred and sixty seven days ago was the last time we saw this. When it passed above, it would use it as support, use it as support, would lose it as support, but then the one hundred day was support.β
βSaturday night will mark his first major concert since the cancellation of his Justice tour in 2022. There are other big names in store too. Rock star Jack White was a last minute addition to the lineup. The English indie band, the XX, is reuniting this year for the first time since 2018.β
Greece bans social media for children under fifteen
βThe law is set to take effect on January 1 targeting platforms like Facebook, Instagram, and TikTok. The prime minister announced the plan directly to young people online saying it's meant to protect them from rising anxiety, stress, and sleep problems linked to screen time.β
Current market structure mirrors the 2021 bull cycle
βThe general structure that we're seeing, very similar to what we're seeing right here. We had an all time high back in 2017, then we would run up in the next bull run. We had a high in 2021, and then we would run up in the next bull run. After this, we would do a couple things. We would test, test, fall below, bounce. And so we're seeing the same structure.β
Congressman Eric Swalwell denies sexual assault allegations
βI do not suggest to you in any way that I'm perfect or that I'm a mistake. I've certainly made mistakes in judgment in my past, but those mistakes are between me and my wife. And to her, I apologize deeply for putting her in this position.β
Court allows White House ballroom construction temporarily
βA three judge panel for the US Court of Appeals for the District of Columbia Circuit ruled two to one to allow construction to proceed through next Friday, while the district court further reviews the case. The National Trust for Historic Preservation sued to stop construction last December. It argued the president lacked the statutory authority to undertake the project.β
β57 of 77 forest surface labs nationwide are on a list to shutter. Scientists at these labs study everything from pollinators to wildfires. The agency said this week the closures don't mean an end to research, It's just relocating small teams to other spaces.β
Regional banking crisis emerged from Silicon Valley Bank
β2023 also saw the roots of a global banking crisis arise out of four American regional banks, the two largest being Silicon Valley Bank and First Republic Bank. 2021's inflation surge moderated in 2023, while the Federal Reserve continued to raise its interest rates in the first half of the year.β
Diplomats work to stabilize Iran ceasefire agreement
βThe straight as they call it, and I think it's gonna go pretty quickly. And if it doesn't, we'll be able to finish it off one way or the other. It's going well. They've been talking for forty seven years with other presidents, and we're not doing much talking.β
βVictor, Christina, and Jeremy, we are we are bonded forever, and no one down here is ever gonna know what the four of us just went through. And it was the most special thing that will ever happen in my life.β
Flavio Cobolli overcomes emotional weight to reach final
βIn his semi-final performance, where he was absolutely unreal, it felt like a kind of exhibition performance. The winners, he was reeling off against Alexander Zverev in that straight sets victory. He burst into tears upon sitting down in his chair after that win and was sobbing for considerable length of time. We knew he was bearing a heavy weight. He had done an Instagram post the day before and he had also put some markings on the sleeve that he wears on his arm in memory of a young boy, a 13-year-old boy we're hearing from his tennis club in Romeβ
Ethereum rejects critical twenty-four hundred dollar resistance
βRight now, we're just in the parallel range. The three instances that we gotta flip here, 2,400, one hundred day, the parallel range here. Gosh darn it. We tried to close above it. We really did. We I mean, we did close it, but we opened here on Sunday. We closed the daily candle here, wicked all the way up here earlier, and then now we are falling back below. So we are being rejected off the 2,400 range and the one hundred day range. So update, we are rejecting off this range.β
βTomorrow or the day after that, we have Amazon, Meta, Microsoft. That is huge, folks. That's gonna be huge. The day after that, we have Apple, also gonna be major. And then Friday, more important than normal because it's gonna be Chevron and ExxonMobil. And so huge, huge earnings weeks. This is the biggest week, of each quarter is the week that we get the Apple, Microsoft, Amazon, Meta. You get the oil giants. You get a couple bellwethers for the economy. So it's gonna be a huge, huge day in the market.β
Marie Louise Etta breaks Bundesliga head coach barrier
βMarie Luizeta is no stranger to breaking barriers. She became the Bundesliga's first female assistant coach just over two years ago, and she was the first woman to lead a Bundesliga side from the touchline, deputizing for the then manager during a one nil win over Darmstadt.β
βThe recent family shooting in Louisiana is a heartbreaking reminder of the domestic violence crisis that often goes overlooked until it reaches this level of tragedy. We need to look at the underlying factors of why these incidents are happening and what can be done at the local level to intervene before things turn fatal. Itβs a somber topic that highlights the fragility of community safety today.β
Refuges help elephants recover from captivity trauma
βThey're recovering from the trauma that they experienced living in captivity. And for them to open up and trust you while you are there with them, helping them work through it, it's indescribable.β
Mass shootings reached record high numbers in 2023
βMass shootings in 2023 have also continued in high numbers, with 528 occurring as of October 2 according to Gun Violence Archive. Events included a mass shooting inside a house in Enoch, Utah, where eight members of a single family were killed, and another at a dance studio in Monterey Park, California, where eleven people were killed following a Lunar New Year celebration.β
βThe dominant political story of the year has been the 270-day-long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber. The battle between the rebellious Freedom Caucus and McCarthy has been at the heart of an averted debt ceiling crisis and the annual budget debate nearly devolving into a government shutdown, all culminating in the removal of McCarthy on October 3rd.β
βTheir nuclear program such as it is, the enrichment facilities that they've that they had before, they've been destroyed. But the simple question is, do we see a fundamental commitment of will for the Iranians not to develop a nuclear weapon, not just now, not just two years from now, but for the long term? We haven't seen that yet. We hope that we will.β
βBut I tell you, he's gonna be a French Open champion in the future, is Arthur Fils. Health permitting. It is health permitting. But I totally believe that the revs he's getting on that forehand with speed through the air. There's not really any other like that now, now that Nadal stopped. Get David on a French radio talk show, because I feel like Fils is really being talked about in France. There's like debate happening in France. Like, is he a potential threat to Sino and Alcares? Is he not?β
Artemis Two spacecraft completes historic moon mission
βNASA administrator Jared Isaacman, who went to space twice as a private astronaut, was on the ship with workers from the US Navy and NASA. And what do you guys think? We just brought some astronauts back from the moon. It was the first time that the US Navy and NASA had teamed up for a spacecraft recovery since the end of the Apollo lunar program in 1972.β
βYeah, and it got worse and worse as this match went on. You know, her first serve percentage just dropped in this match on, you know, by set. And you know, her first serve is not the most effective first serve anyway. So she kind of needs to be making a pretty high percentage to be able to get effect out of it. And then, as you said, the second serve is kind of sitting there and is very attackable right now. And I suppose the serve was an element that I wasn't expecting to have got better, to be honest.β
βThe friction between Donald Trump and Pope Leo marks a significant shift in how religious authority interacts with modern political leadership. It's not just a disagreement on policy; it's a fundamental clash over who sets the moral compass for the country. When you have a sitting president and the head of the Catholic Church at odds, the ripple effects through the voting base are massive.β
Tribal gas stations provide relief from price spikes
βThe US has dozens of tribally owned gas stations, by and large, exempt from paying state fuel taxes, savings they can pass on. The gas stations also provide revenue for reservations to reinvest in their communities, concentrated in Western states where the priciest gas in The US is found.β
βCardano stable coin market cap has tripled over the past year. You can see a huge jump after they implemented USDC's USDCX stable coin. And we've seen a lot of hacks on Ethereum and seen some issues with Solana DeFi as well. Cardano hack free. There's zero hacks when you look at Cardano's DeFi. And Cardano's always marketed itself as having robust security.β
Carlos Alcaraz wrist injury raises Roland Garros concerns
βCarlos Alcaraz is out of Madrid. Now, we knew this at the time that we recorded, I think, last Thursday, Matt, we're hearing rumblings coming out about this wrist injury being bad, being certainly more than just an excuse to pull out of an event. He didn't particularly want to play anyway, or that's too reductive. I'm sure we'd love to play, but perhaps didn't best suit a schedule tailored towards defending his role on Garros' title.β
Ben Shelton shows significant movement improvement on clay
βAnd I think if you go back three years and watch Shelton's first steps on these clay courts as he was playing that swing, and then watch him in the Munich final and whole week this week, you will very obviously and very quickly see how much he has improved. He was all over the place on the clay. He didn't know how to move on it at all. He's such a good athlete, but normally, he's a great athlete moving in one direction, sprinting fast, on clay, you're constantly having to stop and change direction and be strong so as to withstand the sliding.β
Artificial intelligence sparked major Hollywood labor strikes
βThe rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike. These were part of a larger phenomenon of labor strikes across the country, in which such large diverse groups, such as Teamsters and Auto Workers won new contracts.β
Cardano risks drop to twenty-four cents if support fails
βI said, keep an eye out on this level. This is a very, very important level. I expect Cardano to hold support here. But if it loses support, it really should bounce near this 24Β’. And look at that, folks. Oh, actually, it looks like we're trying to lose it. Uh-oh. Uh-oh. So Cardano might be revisiting 24Β’ if it cannot hold this range. But I would also say, look at the liquidation heat map. Let me pull that up. I meant to look at that for Bitcoin as well.β
Amazon kicks off Kuiper network with first satellite launch
βAmazon kicks off its satellite constellation with a launch of its first group of satellites for the Kuiper network. Changes are announced in the ARRL Atlantic Division. The CQ Amateur Radio Hall of Fame announces its latest inductees. Spacex is thinking about entering a spectrum battle with another satellite operator. We will have this month's report from the Volunteer Monitoring System, and one part of the Australian coast is facing a waste problem from a unique source.β
Internet Archive secures funding for amateur radio library
βARDC has awarded a second grant to the Internet Archives Digital Library of Amateur Radio and Communications. The grant will allow Dlarc to continue curating and preserving historical content related to Ham Radio for an additional two years. The library includes a plethora of content from club newsletters to software to old printed call books that date back to the early 1900s. Dlarc has a want list. If you own copies of any of the publications sought by Dlarc, please consider donating them for preservation.β
βAnd Rybakina just continues to be in incredible form, doesn't she? This is now the first time she's won multiple titles somewhere. She has removed the Medvedev curse over her little collection of titles. She won this back in 2024, and she didn't play it last year. So she's on a real streak, actually, in Stuttgart. And those conditions, indoors, obviously we saw what she can do on an indoor hard court back in the WTA finals last year against the best players in the world.β
βIdaho's new law implementing the death penalty for child sex offenders is a clear signal that the state is taking the most extreme measures possible to protect the vulnerable. While it's going to face immediate legal challenges, the legislative intent is to create the ultimate deterrent for these heinous crimes. Itβs a polarizing issue, but the priority here is strictly about child safety.β
Bitcoin is testing a critical historical resistance level
βBitcoin would stop at this point right here, this teal line, and Bitcoin would consolidate for a long time. We can measure this. Bitcoin would consolidate for two hundred and thirty seven days. It would be in a range. It would retest this line, retest this level of resistance, and then shoot right past it. What do you know? This level of resistance would come very, very close to support.β
Hormuz tensions will drive extreme Bitcoin price insanity
βBitcoin prices are about to go insane this week because after rallying to the top of this range, Bitcoin holders got some bad news. The two week ceasefires, which the market loved, might be coming to an abrupt end. And now we're starting to see traffic on the Strait Of Hermos slow down to a trickle. You could just see the log jams.β
Proactive intervention prevents Oklahoma school shooting
βThe fact that an intervention prevented a school shooting in Oklahoma shows that situational awareness and proactive security measures actually work. Itβs a win for law enforcement and school officials who acted quickly to stop what could have been another national tragedy. This is the blueprint for how we need to approach school safety and monitoring moving forward.β
Saylor spends a quarter billion on Bitcoin purchase
βMichael Saylor is about to do a mega purchase, folks. We don't know how large this is, but we do know that's a juicy orange circle. And so I I didn't have quite enough time. If I would have done a normal show, I probably would have probably would have looked at what this size was or this number of Bitcoin, because I'll say this orange circle, pretty similar to this orange circle as far as size goes. And if it'll if you look a little closely, this looks like the biggest purchase he's had since this area right here.β
Oil prices inversely correlate with Bitcoin during conflicts
βIf all of a sudden the ceasefire is back on and negotiations are happening, Bitcoin's gonna pump, stock market's gonna pump, oil's gonna crash. But if it looks like there is gonna be no talks at a table, there is gonna be no meetings, well, then expect the opposite. Oil's gonna spike, and we're gonna see Bitcoin in the stock market fall.β
βAltcoin market cap is now broken out of a seven month downtrend. Gordon Gekko saying it is now showtime. This guy has almost a million followers. 846,000 to be exact. Let's go ahead and dive into the charts. But what are we seeing in the Cardano charts?β
FCC proposes banning Chinese labs from electronics testing
βThe FCC plans to tighten its requirements for testing of electronic devices made in countries such as China before they can be sold to US consumers. The Commission will review an order this month that bans device testing conducted by labs that are, quote, owned or controlled directly by entities that pose national security risks. According to a statement by FCC Commissioner Brendan Carr, he identified China as one example of such a country. He said it was important that US-based laboratories begin to take on the responsibility to certify such equipment.β
βNow, the project I'm talking about shutting down is JPEG Store, and JPEG Store was by far the most successful NFT platform on Cardano. They really were the one-stop shop for Cardano NFTs. They were the open sea of ADA, and they just posted this after serving the Cardano ecosystem since 2021 and sharing an incredible journey with thousands along the way, we've reached a point where the JPEG Store and common platforms have to be sunset. They will only be online until the 23rd of May, and after that, the website will be shut down.β
βThe rise of artificial intelligence and large language models dominated not only the economy but has also been at the root of a Hollywood double strike conducted by Writers Guild of America and a SAG APTRA strike. These were part of a larger phenomenon of labor strikes across the country, in which such large diverse groups, such as Teamsters and Auto Workers won new contracts.β
βFans in LA went from ecstatic to heartbroken when they logged on to buy Olympics tickets and saw prices in the hundreds and thousands of dollars. Seats at the games start at $28, but go as high as 5,500, including a whopping 24% service fee on each ticket.β