Mando Minutes

BTC bounces at $60k again, stocks drop for 4th day, Yuga Labs sells gaming assets

Crypto

• BTC: 62.5k (-1%), ETH: 3040 (-1%), SOL: 136 (+1%)

• Top 100 gainers: BGB, LTC, INJ, BCH

• Crypto still weak, halving in under two days

• ETFs see fourth straight day of outflows

• $2bn BTC bought by accumulation wallets

• Oversold indicators flash at $60k support

• Stablecoin TVL continues rise, diverges from BTC

• Expect BTC to drop after halving: JP Morgan

• Binance gets license in Dubai, seeks to enter India

• Binance converts $1bn emergency fund to USDC

• Binance launches Megadrop launchpad

• Recent token launches & airdrops continue to tank

• Kraken releases multi-chain wallet

• E&Y to use smart contracts

• TikTok parent partners with SUI for storage

• WLD announces an L2 chain

• Gensler trolls with potential resignation thread

Macro & General

• NASDAQ: 15.7k (-1%), Gold: 2395 (0%)

• Stocks fall for 4th straight day, futures bounce

• China also pledges to support yuan, joins others

• Fed can hold rates steady: Fed’s Mester

• Oil hits 3-week low as ME worries abate

• US deficits serious risk to global economy: IMF

• Telegram operates with only 30 employees

• Kennedy family set to endorse Biden over RFK

• Climate change ‘may cost $39T’ a year in 2049

• Qatar reconsiders mediator role for Hamas

• Russia to heavily hire contract soldiers

NFTs, Memes & Low-Cap

• Hot coins: FOMO, PONKE, BOME

• Hot NFTs: Prometheans, BAYC, MAYC

• PONKE leads another weak day for SOL memes

• EPIK to list on Bitget, MEW on Bybit

• Gaming tokens drop heavily since BTC fall

• Yuga Labs sells HV-MTL & LotM to Faraway

• BAYC & MAYC rally as burden on team reduced

• Sotheby’s Ordinals auction fetches $730k

• Magic Eden looks set to outpace Blur market share

• Guy explaining in nightclub meme to be sold as NFT

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The information does not constitute financial advice or recommendation and should not be cons