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Crypto drops, gold tops $4500, JP Morgan to start trading crypto

Crypto

• BTC: 87.4k (-3%) | BTC.D: 59.6% (-0.1%)

• ETH: 2960 (-3%) | BNB: 850 (-2%) | SOL: 124 (-2%) 

• Top Gainers: RAIN, XAUT, PAXG, BCH, NEXO

• BTC ETFs: -$142m | ETH ETFs: +$85m

• BTC rejected at $91k, set for worst Q4 in 7 years

• JP Morgan considers offering crypto trading

• Strategy adds $748m cash to dividend reserve

• Strategy can withstand crypto winter: TD Cowen

• BitMine buys $88m ETH, ETHZilla sells $74.5m ETH

• Coinbase to buy The Clearing Company

• Thiel-backed Erebor raising $350m at $4b+ value

• Mercury applies for National Bank Charter

• Malware targets crypto wallets via Game Mods

Macro & General

• NASDAQ: 23.4k (+1%), Gold: 4514 (+1%)

• Gold and silver continue to soar

• Futures stable, S&P 500 nears ATH

• VIX hits 3 month lows

• Department of War signs deal with xAI

• Nvidia plans to send H200 to China by Feb

• China could start rate cuts as soon as Q1

• German 30yr yield hits highest since 2011

• AI boom pushes US corp bond sales near ATH

• ByteDance plans $23b AI spend

Left Curve Corner

• Hot coins: 4

• Hot NFTs:

• Solstice ICO goes live

• Kalshi now live on BNB

• PumpFun lawsuit now claims harassment

• Aster launches next phase of ASTER buyback

YEET: Crypto’s Casino
Just passed $1.1B 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