Mando Minutes

BTC record monthly close, tokenised stock trading blooms, staking ETFs coming

Crypto

• BTC: 106.8k (-1%), ETH: 2455 (-1%), SOL: 150 (0%)

• Top Gainers: BCH, ALGO, KAIA, XMR, XRP

• BTC ETFs: +$102mn, ETH ETFs: +$32mn

• BTC sets record monthly close at $107k

• XRP, DOGE lead majors with positive funding rates

• BTC & ETH ETFs extend inflows streak

• RexShares SOL staking ETF to go live Wednesday

• SEC delays staking for Bitwise ETH ETF

• Robinhood intros staking, tokenised stocks, L2 chain

• Robinhood stock hits ATH on announcements

• Raydium, XStocks launch tokenised stocks trading

• Jupiter allows swap of SOL memecoins to stocks

• ByBit, Backed collab for tokenised stocks, ETF

• Centrifuge to launch tokenised S&P 500 index

• Lummis calls for end to unfair taxes on crypto

• Stablecoin bill could be finalised by mid-July

• Connecticut bans creation of state BTC reserve

• Strategy buys $532m BTC

• Bitmine to turn into Strategy of ETH, stock up 7x

• Circle applies for National Trust Bank license in US

• Baer now Head of Product at X, also SOL advisor

• Katana launches L2 after $200m deposits

Macro & General

• NASDAQ: 20.4k (0%), Gold: 3352 (+1%)

• Futures lower, after stocks hit another ATH

• US stock market cap now 3x Europe

• US 10yr yield drops to lowest since April

• USD falls to lowest since Mar 2022

• Trump called Powell and asked him to lower rates

• Powell successor within weeks: Bessent

• US consumer spending continues to weaken

• Gold demand diverging between the West and RoW

• Elon calls for America Party if spending bill passes

• Trump slams Elon, threatens to cut subsidies

• Trump ends most US sanctions on Syria

• India, US trade deal announcement ‘very soon’

• Cost of solar panels hit all time low

• Iran hacker group threatens Trump email leak

• Trump set to host Netanyahu

• Microsoft claims path to AI super intelligence

Left Curve Corner

• Hot coins: PENGU

• Hot NFTs: Larva Lads, Deafbeef, Fidenza

• Memecoins fall with attention on tokenised stocks

• PENGU the only major meme higher

• Megalios for MegaETH rally

YEET: Crypto’s Casino
Just passed $210m 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.