Mando Minutes

Crypto rally stalls, BTC Vegas today, Circle files for IPO

Crypto

• BTC: 109.6k (0%), ETH: 2635 (+2%), SOL: 176 (-1%)

• Top Gainers: QNT, TKX, VIRTUAL, INJ, AAVE

• BTC ETFs: $0mn, ETH ETFs: $0mn

• BTC rally stalls under $110k on profit taking

• BTC options OI hits new record

• Hyperliquid whale loses $67m in 5 days

• SOL co-founder sees KYC details doxxed

• Trump Media denies plan to buy $3bn of crypto

• Bitcoin Vegas begins today

• Strategy acquires $427m BTC

• Blockchain Group issues EUR63m bond to buy BTC

• Onchain proof-of-reserves a bad idea: Saylor

• Florida could end cap gains tax on crypto, stocks

• SUI to allocate $10m for security

• Circle files for IPO, denies sale talks

• SBF’s sentence to be reduced by 4+ years

• Tom Brady invests in Catena Labs

• Alpaca Finance to wind down

• Meteora now top fee generating dApp on SOL

• Bitlayer collabs with major mining pools on BitVM

• Thailand to integrate crypto payments for services

Macro & General

• NASDAQ: 18.7k (0%), Gold: 3300 (-2%)

• Short interest in S&P 500 stocks at 5yr high

• Money market funds AUM hits $7.2T, new ATH

• Delinquencies in US rising across the board

• 67% expect higher unemployment in US in 1 year

• Japan loses largest creditor status to Germany

• Japan to inject JPY90b relief package in economy

• Japan could tweak bond issuance plan

• BoJ still eyeing more rate hikes, JPY boost

• Trump wants Gaza war to end ASAP

• Israel rejects US-backed 60-day ceasefire plan

• Germany supports Ukraine strikes in deep Russia

• Tesla Europe sales plunge 49%

Left Curve Corner

• Hot coins: SOPH, INPRINT, AWAWA, UNKNOWN

• Hot NFTs: Bad Bunnz, KAITO Genesis, Captainz

• JUP surges amid expansion and BTC tailwinds

• YEET & LOUD both see large mindshare on Kaito

• Rekt Brands teases US event in June

• Bad Bunnz NFTs up 170% as MegaETH play

• HumaFinance launches at $630m, Kaito users benefit

• Binance launches ‘Live Trading’ streaming feature

YEET: Crypto’s Casino
Just passed $110m in lifetime volume!

The information does not constitute financial advice or recommendation and should not be considered as such. Full Disclaimer

*Yeet Disclaimer here. 18+, $1 minimum volume required, certain regions are restricted. Please gamble responsibly.