Mando Minutes

Hong Kong ETFs disappoint, EigenLayer FUD, scame memecoin hits $328T

Crypto

• BTC: 61.2k (-2%), ETH: 3020 (-5%), SOL: 129 (-5%)

• Top 100 gainers: CRO, W, ENA, HNT

• HK ETF volumes disappoint at $11m, crypto sinks

• US ETFs see another $52m outflow, 4th straight day

• EigenLayer FUD after 5% non-transferable airdrop

• EigenLayer also geoblocks USA for claims

• 5k+ withdrawals after EigenLayer announcement

• Microstrategy buys another $8m BTC in April

• Miner revenue drops to 2023 lows

• ‘Sell in May’ doesnt always hold for BTC

• Consensys vs SEC litigation will take years: Cowen

• SEC had been investigating ETH for a year

• Gensler may have misled Congress with ETH stance

• Coinbase wallets integrates Jupiter for SOL tokens

• Phantom says it has 7m monthly active users

• CZ sentencing today, likely he spends months in jail

• Voyager to pay FTX $450m

• BTC roll-ups could improve TPS ‘10x’

• Stripe now supports AVAX

• PENDLE drops 20% on EigenLayer allocation FUD

Macro & General

• NASDAQ: 16.0k (0%), Gold: 2325 (-1%)

• Futures dip slightly ahead of Amazon results today

• China hints at rate cuts & property market support

• Tesla surges again after Baidu partnership

• Eurozone inflation 2.4%, rate cut in June likely

• IMF warns of global risks of higher US rates

• Final Israel-Hamas ceasefire deal attempted

• Columbia protestors storm Hamilton Hall

• Saudi Arabia says all NEOM projects going ahead

NFTs, Memes & Low-Cap

• Hot coins: KMNO, MEWING, STAN

• Hot NFTs: Azuki, Moonbirds, PalioAI

• KMNO hits $363m on launch

• Decentralised Rune airdrop opens at $102m

• Friend Tech airdrop delayed until Thursday

• NFTfi airdrop claim today

• Scam memecoin hits $328T market cap

• Memes outperform other sectors in last 2 weeks

• Moonbirds announce virtual world, ditch cc0

• Pudgy Penguins announce third party licensing deal

• Rumble Kong League partners with Gatorade

• Hoodie Punk sells for lowest in years

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