Mando Minutes

ETH leads majors, SOL ETFs delayed, Bybit allows stock trading

Crypto

• BTC: 105k (+2%), ETH: 2535 (+6%), SOL: 168 (+4%)

• Top Gainers: AAVE, CRV, VIRTUAL, MKR, TAO

• BTC ETFs: +$668mn, ETH ETFs: +$14mn

• BTC pulls back from 106k, ETH leads majors

• BTC becomes 6th most valuable asset in the world

• BTC ETF inflows surge as basis trade nears 9%

• SEC delays SOL ETFs, cites various issues

• AAVE leads altcoins as TVL breaks $30bn

• Bybit allows users to trade top stocks with USDT

• GENIUS Act moves to full vote in senate

• Strategy buys $765m more BTC

• Lawsuit alleging deception filed against Strategy

• DigiAsia to raise $100m to buy BTC

• JPM will not hold BTC in custody: Dimon

• Cramer recommends BTC as a hedge for US debt

• DoJ investigating Coinbase on data theft

• Circle shopping itself to Coinbase and Ripple pre-IPO

• SOL made up 50%+ of all L1 revenue in past week

• Alpenglow to bring 100x latency improvement to SOL

• Dorsey wants BTC to be valued in Satoshis

• Revolut to invest >EUR1b in France 

• Binance seeks to dismiss $1.7bn FTX lawsuit

Macro & General

• NASDAQ: 19.2k (0%), Gold: 3236 (0%)

• Futures fall after 6-day win streak

• Gold ETF got largest weekly outflow since 2013

• US small caps set for largest annual outflow ever

• S&P 500 profit guidance momentum at 15 year low

• Retail continues to be largest buyer of stocks

• Atalanta Fed president predicts 1 rate cut in 2025

• US 2025 recession chances fall to 36%

• Risky debt issuance down 90% in the US

• Klarna losses widen on debt defaults

• More trade deals could come this week: Hassett

• Japan 30yr yield hits ATH

• Our situation worse than Greece: Japan PM

• BoJ considers reducing bond buying pace

• Japan sticking to ‘no tariffs’ demand with US

• China rebukes US adjusting chip export controls

• Russia, Ukraine to start negotiations: Trump

• India expects multi-phase trade deal with US

• EU to launch EUR 150b loans-for-arms scheme

Left Curve Corner

• Hot coins: REKT, LAUNCHCOIN, HOUSE, GONC

• Hot NFTs: Pengztracted, Abstra Universe

• LAUNCH $280m, ICM meta remains strong

• HOUSE $40m, leads rally in SOL memecoins

• Meteora v2 to support Believe & Time dot fun

• PumpFun begins to lose market share in launches

• Kaito aiming to become ‘BNB of capital formation’

• Huma Finance joins Kaito rewards

• Off The Grid KOLs claim payments are missing

• Many NFTs are not securities: Pierce

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

*Yeet Disclaimer here. 18+, $1 minimum volume required, certain regions are restricted. Please gamble responsibly.