Mando Minutes

Things I’m looking at today…

Crypto

• Majors down 0.5-1% despite macro strength

• Hashdex praised for $BTC ETF application strategy

• Longest $BTC bear market in history at 490 days

• Open interest rises even as deriv volumes fall

• $BTC miners cut sales by 50% in 10 days

• Levered miners could sell $900m $BTC if bankruptcy spreads

• $ETH addresses in profit at 7 month low

• L2s now do 5x more transactions than $ETH

• Friend Tech volumes down 90% from high

• Bitboy seemingly removed from ‘Bitboy Crypto’

• Balancer exploited for $900k after warning

• Indian PM calls for global crypto framework

• Ronaldinho faces arrest over crypto scam

• $SHIB reopens Shibarium bridge

• Unlocks this week: $DYDX, $OP, $HBAR, $NEAR

Macro & General

• Asia stocks rally as China halves trading stamp duty

• Reports China is ordering firms to buy stocks

• Global money supply growing again, driven by China

• Evergrande shares down 87% after resuming trading

• 7 stocks account for 75% of NASDAQ performance

• Burry calculated down 42% on short trade

• BRICS summit ends with no new currency

• Dollar FX trades rises to record high of 46% dominance

• JP Morgan to invest $1bn a year in AI

NFTs & Low-Cap

• $BITCOIN devs “forced” to sell tokens, drops 15%

• $LINQ up 220% in a week, new ‘$OHM’ for staking (yikes?)

• $PEPE copycat coin up to $25m, follows $PEPE2.0

• $UNIBOT up 8% as on-chain narrative rebounds

• SOL Big Brain loses $1.5m in phishing attack

• BAYC assets dip 5% after Miami event

• Winds of Yawanawa floor up another 50%

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