MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

According to market data from BIT (Bit.com), U.S. stocks closed on Friday: the Dow Jones Industrial Average initially fell 0.19%, the S&P 500 rose 0.16%, and the Nasdaq gained 0.39%. Nvidia (NVDA.O) climbed 1.34%; Qualcomm (QCOM.O) dropped 5.82%, Dell (DELL.N) fell 3.3%, and SpaceX (SPCX.O) declined 1.36%. Cryptocurrency-related stocks rallied broadly: MicroStrategy (MSTR) jumped 16.39%; Coinbase (COIN) gained 11.66%, CRCL rose 7.86%; SBET climbed 13.20%; BMNR advanced 8.79%; Robinhood Markets (HOOD) rose 9.12%, and HYPE Treasury Company (PURR) gained 9.82%. Storage-related stocks also saw broad gains: SanDisk (SNDK.O) jumped 10.99%, SK Hynix (SKHY.O) rose 2.46%, and Micron Technology (MU.O) gained 3.92%.

According to HTX market data, ZEC briefly surged past $1,580 this morning, and has now pulled back to $1,558.96. It has gained over 7% in the past 24 hours, lifting its market capitalization to $26.593 billion. Its gains over the past 7 days, 30 days, and 1 year stand at 34.17%, 183.18%, and 3009% respectively.

According to NewsNation, US President Donald Trump stated that Iran is seeking to reach an agreement with the United States, while he is currently weighing whether to take further military action against Tehran. When asked about his earlier comments suggesting he was considering "destroying" Iran, Trump replied, "We’ll wait and see." Asked what actions he expects Iran to take before making a decision, Trump noted Tehran is pursuing a deal. "Right now, they want an agreement," he said. He added that he believes Iran is "losing on all fronts" both economically and militarily. "If this isn’t the right deal, I won’t even consider it. But right now, they want an agreement because they’re losing on all fronts."

The real-life inspiration for *The Big Short*, Michael Burry, disclosed his full long positions include stocks such as Lululemon, MercadoLibre, Molina Healthcare, and Temple & Webster. Lululemon accounts for 17.4% of his portfolio, while MercadoLibre makes up 12%. Burry also holds stakes in Zoetis, Adobe, PayPal, and JD.com. His short portfolio constitutes over 21% of his total holdings, primarily consisting of AI and semiconductor-related assets including Oracle, Palantir, Nebius, NVIDIA, SOXX, Micron, and CoreWeave. Additionally, he retains call options on NVIDIA expiring in December 2026, as well as put options on Palantir and QQQ for hedging purposes. Furthermore, Burry has liquidated his positions in Flutter, his short Tesla position, short Applied Materials, and some put options on NVIDIA and Palantir. The proceeds from his Flutter stake have been reallocated to Lululemon. Overall, his current portfolio leans on value stocks in the consumer and healthcare sectors for long positions, while reducing risk via short positions in AI infrastructure-related assets. He has stated he is willing to hold cash to await market developments this fall.

Alex Thorn, head of research at Galaxy, noted in a post that Bitcoin (BTC) is currently trading strongly, with its price above the 50-week moving average. Historically, a breakout above the 50-week moving average has served as a key level confirming the formation of a bear market bottom. If the weekly line closes above the 50-week moving average this Sunday, this trend will be further confirmed.

According to NewsNation, US President Trump said the United States is in negotiations with the Houthi movement, which also hopes to reach an agreement.