Mando Minutes

Crypto drifts lower, onchain activity returns, BAGS hits $40m

Crypto

• BTC: 95.6k (-1%) | BTC.D: 59.7% (0%)

• ETH: 3310 (-1%) | BNB: 935 (-1%) | SOL: 143 (-1%) 

• Top Gainers: DASH, PUMP, SKY, ICP, M

• BTC ETFs: +$100m | ETH ETFs: +$164m

• Crypto drifts lower, crypto bill still being discussed

• Dems press SEC over crypto enforcement retreat

• Galaxy Digital closes $75m tokenized CLO

• State Street expands tokenization push

• Coinbase fears Securitize: Citron Research

• Interactive Brokers adds 24/7 USDC funding

• CME adds ADA, LINK, Stellar derivatives

• MetaMask adds native Tron support

• Anchorage intros offchain collateral for lending

• Polygon laid off 30% staff in pivot to payments

• Cake wallet adds Zcash support

• Russia wants banks to report client crypto flows

• S Korea approves tokenized securities framework

• Google Play removes S. Korea exchanges

Macro & General

• NASDAQ: 23.5k (0%), Gold: 4605 (0%)

• Futures higher after banks, tech lift indices

• US jobless claims lower than all estimates

• US adds 25% tariff on H200 chips sales

• Trump threatens insurrection act in Minnesota

• US strikes trade deal with Taiwan

• Silver continues hitting ATHs

• Machado gives Nobel Peace Prize to Trump

• German economy finally grows, on spending

• EU has membership-lite plan for Ukraine

• China, Canada ink energy pact

• Recursive Meta-Cognition best for LLMs

Left Curve Corner

• Hot coins: GAS, PsyopAnime, SOL

• Hot NFTs: Pudgy Penguins, Moonbirds

• PUMP up 10%, rolls out Callout feature

• GAS $40m, Bags App hits $100m volume

• Onchain activity at 9 month high

• KAITO dumps after X bans InfoFi apps

• Kaito sunsets Yaps, introduces Kaito Studio

• Noise may face issues on InfoFi ban

• Coinbase lists Sportfun’s FUN1

• Pudgy Penguins partner with Man City

YEET: Crypto’s Casino
Just passed $1.3B 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