👀 End of an era at MyCryptoFunding?

Hi everyone, another week is in the books and the markets are open so let’s get into it.

Last week MyCryptoFunding posted ‘The end of an era’ on their socials and deleted all other posts.

Their discord has been locked and traders have been waiting for payouts for a while so it doesn’t look good.

They did however post an MT5 maintenance message earlier this morning, so trading operations do seem to still be running there.

📢 Firm Announcements

• Alpha Futures launched its Premium Plan with no consistency rules, no daily loss limit, 90% profit split, and 5 day payouts.

• Funded Trader Markets increased crypto withdrawal limits again, now scaling from $1K → $2K → $5K → $10K, with further increases planned. Clear push toward higher payout flexibility.

• FundedNext rolled out multiple updates across its Stellar models, including clarified rules for 1 Step and 2 Step challenges, updated trading conditions, and broader trading hours adjustments.

• FundedNext Futures increased contract limits post challenge, giving traders more room to scale once funded.

• Tradeify launched its new Funded podcast, plus ongoing Tradeify TV session updates.

• FXIFY introduced a new Two Phase Pro model with static drawdown, shorter payout cycle, and relaxed trading conditions including news and weekend holding.

• InstantFunding launched crypto account types, expanding product coverage beyond traditional markets.

• Phidias Prop Firm is launching Phidias 2.0, adding major platforms including Tradovate, NinjaTrader, and TradingView, alongside improved payout structures.

• Follow all firm updates on X → x.com/promojunction

• Set alerts for your favourite firms → promojunction.io.

Here are the firms who paid out the most over the last 7 days 🏆️.

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🕜 Red Folder News

Here are this week’s red folder news events. Bank Holiday in the UK today and generally a quiet start to the week on the calendar. Non-Farm payrolls on Friday is the biggest event of the week.

📈 Markets

Shooting star

SPX printed a large shooting star candle on Friday suggesting sellers are starting to show up at these levels. However equity futures are green again this morning.

Poor breadth

Hard to reconcile the market at ATHs with how weak breadth actually is. This remains an AI driven rally concentrated in only a few names.

AI Mega Caps - Free Cash Flow

Amazing chart from Crescat showing free cash flow estimates for the Mega Cap tech stocks over the next 4 quarters. Basically they forecast all free cash flow to be gone a year from now. Yikes.

May Seasonality

Sell in May and go away as the old adage says? Well May is not a great month for stock market returns, neither is June, so a couple of months of sideways chop would not be surprising, especially after a 15% rally.

OK let’s see how this week plays out, have a good one!

Kieran

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