Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

June 11 — Axios is reporting that had President Trump accepted the terms his team negotiated last month, he likely would have locked in a preliminary agreement with Iran by the end of May. But after a May 29 White House Situation Room meeting, Trump decided to add two extra modification requests for Tehran: Iran must begin diluting its stockpile of enriched uranium within 60 days, and Tehran will waive all tolls on ships transiting the Strait of Hormuz. In exchange, Trump agreed to allow the uranium dilution to happen inside Iran, under the supervision of the International Atomic Energy Agency (IAEA). Sources and U.S. officials say Iranian Foreign Minister Abbas Araghchi told both mediators and the U.S. he needed four to five days to consult his government before responding — a timeline that stretched into nearly two weeks of waiting. During that period, Trump grew increasingly frustrated as media outlets carried mocking reports about the delayed delivery of his promised Iran deal. Mea

June 11 — Per Bitget market data, spot gold slipped below $4,100 per ounce this morning. It’s now trading at $4,058.62 per ounce, hitting a fresh low since last November. On the news front, Middle East tensions have flared anew: the U.S. military has carried out airstrikes against Iran for two consecutive nights. President Trump initially considered launching a "large-scale, short-duration" military operation, but later said he had "directly communicated" with Iranian officials, and that "Iran requested the airstrikes to stop." Trump stated the airstrikes will end soon, though he didn’t rule out further attacks on Iran. He also clarified that Israel was not involved in these recent strikes targeting Iran.

June 11 — U.S. President Donald Trump told Fox News in an interview that American fighter jets are carrying out missions over Iran. He claimed to have a “direct line” of communication with Iranian officials, whom he said requested the bombing operations to stop. Trump added that the current bombing campaign would “come to an end very soon,” though he did not rule out further strikes on Iran. He also issued a stark warning: if Iran refuses to sign an agreement, “we will obliterate them by nightfall.” However, Iran’s Tasnim News Agency rejected Trump’s claims, with a senior Iranian official dismissing his allegation of direct contact between the two sides as “pure fabrication.” Iran stated it has not engaged in any communication with Trump and emphasized that the country will respond militarily to any act of aggression. Trump also noted separately that Israel is not involved in the attacks against Iran.

June 11. According to Fox News, U.S. officials are denying any maritime conflict with the Iranian Revolutionary Guard Navy, contradicting recent claims from Iran. A military strike against Iran is still underway. Separately, President Trump noted that U.S. fighter jets are flying over Iran and have held direct talks with Iranian officials. Trump added that Iran has asked him to stop the bombing, and the bombing will halt soon.

June 11 – Axios reported, citing U.S. officials, that President Trump met with the National Security Council on Wednesday local time to discuss military options, one of which was expanding the scale of strikes in a short period to force Iran to adjust its negotiating stance. U.S. Central Command confirmed additional strikes on multiple targets in southern Iran launched Wednesday afternoon Eastern Time, hitting air defense systems, radar installations, and unmanned aerial vehicle (UAV) command-and-control facilities. Defense Secretary Esper stated that the U.S. would continue to apply military pressure to push for an agreement, saying: “If we need to negotiate with a bomb, we will negotiate with a bomb.” Iran, for its part, warned of a “harsh response” and announced it would close the Strait of Hormuz, barring all ships from transiting the waterway, noting that any attempt to do so would be considered a target. Iranian media reported that U.S. vessels near the Strait of Hormuz had

June 11: Per Bitget Market Data, U.S. stocks closed sharply lower on Wednesday. The Dow Jones Industrial Average tumbled 1.87%, the S&P 500 slipped 1.61%, and the Nasdaq Composite dropped 1.98%. Key individual names saw even steeper declines: Shares of Super Micro Computer (SMCI.O) plunged nearly 28%, while Tesla (TSLA.O) and NVIDIA (NVDA.O) each fell more than 3%. Cryptocurrency-linked stocks also posted losses: MicroStrategy (MSTR.O) declined 1.43%, Circle Internet Financial (CRCL.O) dropped 2.68%, Coinbase Global (COIN.O) dipped 0.98%, BMNR fell 3.64%, SBET slid 3.01%, and PURR plummeted 8.24%.