Mando Minutes

DePin sector leads crypto, Trump positive on BTC, top Ordinals projects hit ATH

Crypto

• BTC: 51.1k (-1%), ETH: 2940 (-2%), SOL: 103 (-3%)

• Top 100 gainers: SC, FLR, STRK, FIL

• BTC ETFs rebound with $251m inflow

• DePin sector continues to lead after Nvidia earnings

• Trump makes supportive comments about BTC

• Gold ETFs continue to see massive outflows vs BTC

• BTC to $63k by March: Matrixport

• STRK up 10% as emissions schedule amended

• Reddit has invested excess cash in BTC & ETH

• Robinhood sees record weekly trading volume

• RONIN -10% as Jiho has wallets compromised

• Ethena Labs cut sUSDe yield from 44% to 15%

• SOL daily revenue now 8% of ETH

• Eigen Layer sees $100m funding round from a16z

• I’m totally out of the market: Capo

• Gensler sued in Texas over crypto

Macro & General

• NASDAQ: 16.0k (+3%), Gold: 2032 (0%)

• NASDAQ has best day in over a year after Nvidia

• Nvidia now worth more than crypto market cap

• Pelosi makes $1.8m on Nvidia trade

• Fed officials caution against rate cuts

• Market expects ECB to only cut rates once this year

• Probability of recession only 15%: Goldman Sachs

• India stock market to $10T by 2030: Jefferies

• Reddit IPO set for next month

NFTs & Low-Cap

• Hot coins: BENDOG, SHEB, CHUCK, DRIPX, PEPE

• Hot NFTs: NodeMonkes, Sheboshis, Puppets

• PEPE up 20% after new Binance rewards program

• PORTAL has record $8.6bn staked in launchpool

• XAI up 40% this week, leads gaming coins

• Magic Eden teases airdrop for OG ETH wallets

• Persona does a 8x from mint, huge volume

• Top Ordinals projects rise, NodeMonkes up 50%

• Pizza Ninjas to be auctioned at Sotheby’s

• Farcaster introduces Frames with SOL integration

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