Mando Minutes

Things I’m looking at today…

Crypto outperforms stocks, Mark Cuban loses $870k, Friend Tech points drop

Crypto

• Majors up 0.5%, outperform vs stocks

• Wise Origin files $ETH ETF, 60m shorts liquidated

• Friend Tech prices -30-40% after point drop

• Stablecoin TVL increases, first time in 18months

• $300m August outflows from institutional funds

• Mark Cuban drained for $870k

• $ETH Holesky testnet failed to launch

• Justin Sun mints $815m $TUSD ‘from own money’

• Binance vs SEC docs unsealed 22nd September

• Japan start-ups can raise capital via crypto

• Miner pays back $500k fee to Paxos

• $IOTA increases token supply by 64%

• $WLD +40% as market-makers accumulate

• $TON +15% $RUNE +10% $TOMI +25% continue rise

Macro & General

• Stocks fall for second week, oil hits 2023 high

• Emergency Fed bank loans up to $108bn

• 16% of US home sales cancelled in August

• United Auto Workers go on strike

• Jeremy Grantham: stock market rally is ‘head-fake’

• US-Saudi arms deal collapses

• India negotiates with 20 countries to ditch dollar

• New bill aims to stop stock trading for Congress

• Nvidia AI partner Databricks valued at $43bn

• Elon & Ice Cube tit-for-tat memes

• Apple says it will fix ‘high radiation’ phones

• MDMA found effective for PTSD

NFTs & Low-Cap

• FT points tied to portfolio, top account has 319k

• FT points 80-100 per ETH portfolio value

• 3LAU sells FT portfolio, cites regulation risks

• $HIFI +50%, $TRB +20% in ‘cartel’ pump 

• $BANANA v2 launches, val. discount to $UNIBOT

• Nouns fork happens, $27m of treasury leaves

• Game developers fight back against Unity pricing

• Pudgy Penguins flips DeGods & Azuki

Follow on X @rektmando
Comic by @boldleonidas
Wanna advertise? [email protected]