Mando Minutes

Year-end crypto selling, tech stocks best year since 2020, JP Morgan changes crypto tune

Crypto

• BTC: 42k (-2%), ETH: 2295 (-3%), SOL: 103 (-6%)

• Miners sell $129m BTC ahead of year-end

• Mining stocks in turn down 20-30%

• Large BTC bids placed around $40-41k

• JP Morgan to play key role in BlackRock ETF

• Main ETFs all move to cash-create model

• SOL beats ETH for Google searches

• Bitcoin-Nasdaq correlation flips negative

• Nic Carter makes 2024 predictions

• SBF won’t be prosecuted for campaign financing

• Government didn’t sell planned BTC in 2023

• Bitcoin derivatives & L2s lead top 100 alts

• Bankless criticises TIA vs EigenLayer

Macro & General

• NASDAQ: 15.0k (-1%), Gold: 2070 (0%)

• US stocks fall but still end 9th winning week

• Tech stocks have best year since 2020

• Banks saw $1.1T deposit outflows in 2023

• Nov/Dec strength implies ‘20% gain in 2024’

• Elon: Starship is path to interplanetary life

• Googles settles lawsuit for spying on incognito users

• L’Oreal heiress becomes first woman with $100bn

NFTs & Low-Cap

• Tax-loss harvesting accelerates in projects

• Top memecoins fall, WIF & BONK reverse gains

• USEDCAR becomes most active memecoin

• ORDI touches ATH in BRC20s before retreating

Wanna advertise? [email protected] 

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