Mando Minutes

ETH up 50% this week, Yuga Labs sells Punks, Internet Capital Markets return

Crypto

• BTC: 103k (0%), ETH: 2605 (+5%), SOL: 179 (+3%)

• Top Gainers: RAY, ENA, MKR, TKX, AAVE

• BTC ETFs: -$91mn, ETH ETFs: +$14mn

• BTC near $105k before pulling back

• ETH up 50% this week, continues to outperform

• SEC postpones review of Grayscale SOL, LTC ETFs

• I’m a big crypto fan, we are ahead of China: Trump

• China to fund ‘tech finance system’ to support AI

• Twenty One buys $459m BTC

• Abraxis buys $500m of ETH in 6 days

• DeFi Development Corp buys $24m SOL

• Solana writes report around tokenized equities

• VanEck offering short term US treasury investments

• Thailand to issue $150m of G-tokens

• Coinbase to launch encrypted messaging feature

• Robinhood to acquire WonderFi for $179m

• FalconX could lead inflows in crypto: StanChart

• EToro raises $310m through IPO

• USDC is now live on Sonic Labs

• SUI TVL tops $2bn

• Narco bosses linked to crypto charged in US

Macro & General

• NASDAQ: 18.7k (+2%), Gold: 3240 (-1%)

• US stocks now green on the year

• CPI comes in slightly lower than expected

• Stock market ‘Greed’ highest since Oct

• Put/Call ratio hits Dec 2020 lows

• US 30-year yield near 18-year highs

• Japan 30-year yield at 25 year high

• Foreign investors buy most Japan assets in 20 years

• Goldman lowers US recession odds to 35%

• Trump continues calling for rate cuts, derides Powell

• 50% fund managers say gold is overvalued

• Euro having strongest start in 22 years

• Trump to sign EO to remove sanctions on Syria

• Elon joins Trump on Saudi Arabia trip

• China hits out at US-UK trade deal

• China removes Boeing ban

Left Curve Corner

• Hot coins: LAUNCHCOIN, JELLYJELLY, PASTERNAK

• Hot NFTs: Punks, V1 Punks, Chubbicorns

• Internet Capital Markets meta dominates new coins

• Launchcoin $180m, continues to lead ICM meta

• Yuga sells CryptoPunks IP to Infinite Node for $20m

• Pudgy Penguins CEO says he would have paid $75m

• Top Ordinals having best week in months

• Refik Anadol raises $5m from Biome Lumina NFT

• Ethos airdrops Validator NFTs to top 256 contributors

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

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