Mando Minutes

Volatile weekend, XRP leads rebound, Trump fires BLS chief

Crypto

• BTC: 114.2k (0%) | BTC.D: 62% (0%)

• ETH: 3558 (-1%) | XRP: 2.99 (+2%) | SOL: 162 (-4%) 

• Top Gainers: ENA, XLM, INJ, BONK, XRP

• BTC ETFs: -$812mn | ETH ETFs: -$152mn

• XRP, DOGE lead crypto rebound after drop

• BTC ETFs suffer 2nd largest single day outflow 

• Crypto ETFs bought ATH $12.8b in July

• China cracks down on mainland crypto again

• SEC to hold crypto roundtables across US

• Buy the dips in BTC, ETH: Eric Trump

• Metaplanet plans $3.7b equity raise to buy BTC

• Galaxy Digital OTC whale buys $300m ETH

• ETH ‘mega whales’ continue buying through dip

• CFTC launches ‘crypto sprint’ alongside SEC

• Binance opens BTC options writing to all users

• Expect BTC to test $100k, ETH to $3k: Hayes

• Coinbase stock down 19% last week

• UK FCA to allow retail access to crypto ETNs

• ENA leads altcoin gains as TVL tops $9bn

Macro & General

• NASDAQ: 20.7k (-2%), Gold: 3408 (0%)

• This week: PMIs, Fed speaker events

• Weak jobs data, biggest data revisions since 2020

• Trump says job numbers rigged, fires head of BLS

• Trump deploys 2 nuclear subs near Russia

• Trump to appoint replacement to Fed board member

• Chance of September rate cut now 90%, dollar falls

• Opec+ agrees to huge oil supply increase

• US has makings of a deal with China: Bessent

• Tariffs set to start August 7th

• US, Israel finalising new ultimatum to Hamas

• PBoC injects CNY 545b liquidity in markets

• Vietnam’s Dong hits all time low against USD

• India will buy Russian oil despite Trump threats

• SEC creates task force to tap AI

• OpenAI raises $8.3b at $300b valuation

• Apple planning ChatGPT style product

Left Curve Corner

• Hot coins: Bucky, Nub, BUNNYKAT, shitstock

• Hot NFTs: Pudgy Penguins, CloneX, Pixiland

• PumpFun revenue hits lowest since May 2024

• NUB $25m, leads SOL memes from 2024

• Trump Media plans utility token launch

• Gold BAYC sells for $2.35m

• No Bad Trippers rally 3x in a day, ~7x since mint

• Yeet hits $15m+ volume in a day

• Yeet kicks off Built for Big Moments campaign

• Justin Sun goes to space

YEET: Crypto’s Casino
Just passed $350m 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+. Certain regions are restricted. Please gamble responsibly.