GM. This is the Never Die Newsletter, where I share whatever crypto news and content I feel like, every week, short and sweet, right to your beautiful little inbox.

This week we have:

In this video, I break down how I’m building my altcoin portfolio while prices are still depressed. I explain the different strategies I use for small caps, mid caps, and large caps, share the profit-taking rule that’s made me the most money over the years, and cover a few new ideas I’m watching from other top investors.

What started as another round of sabre rattling in the Middle East has turned into a full blown military conflict that's now reshaping global markets as we speak. The US is locked in an active war with Iran, and the repercussions are spreading through oil, equities, and crypto. Here's the breakdown of what happened;

How We Got Here: The conflict didn't happen overnight. It's been building for months- Iran's nuclear advances, the back and forth strikes on proxies in Syria and Iraq. But the tipping point came when the US launched direct military strikes on Iranian targets, and instead of backing down, Iran fired back. Now we're at 13 consecutive nights of US airstrikes on Iranian positions and American casualties being reported.

The Cease Fire That Wasn't: Iraq's PM personally carried a US cease fire proposal to Tehran. Iran rejected it. It means Iran believes they can outlast the US politically, or they're betting on the war weakening Trump domestically. Either way, the diplomatic off-ramp is closed for now, and the fighting continues with no end in sight.

Oil at $100: Brent crude has officially topped $100 a barrel and is holding there. This is the big one. Every time oil punches through triple digits, it ripples through the entire global economy; higher petrol prices, higher shipping costs, higher food prices.

Financial Markets: Equities are getting hit hard. The war is crushing risk appetite, and it's happening at the same time as Trump's global tariff regime ie 10% on over 80 nations, including new tariffs on Canada. So you've got a two front shock: a supply-side war driving energy costs up, and a trade war crushing global demand. The Fed is stuck they can't cut rates with oil driving inflation up, but they can't hike with a war and a trade war slowing the economy.

Are We Closer to a Resolution?: No. Not even close. Iran rejecting the cease fire means they're willing to absorb the punishment. The US keeps expanding strikes. There's no UN resolution, no Saudi mediation….. The only thing that changes the trajectory is either (a) Iran comes to the table after enough economic pain, (b) the US gets tired of the cost and de-escalates unilaterally. None of those are imminent. This war is going to be the defining macro story of Q3 2026.

The US/Iran war is the biggest force in markets right now, bigger than Fed policy, bigger than earnings season, bigger than crypto narratives. Oil above $100 is rewiring inflation expectations, tariffs are compounding the damage, and there's no diplomatic resolution in sight. The war started weeks ago, but the market is still pricing it in piece by piece. Until we get a cease fire, every rally is should be taken just as that just another rally.