Mando Minutes

BTC dips from ATH, US banks consider stablecoin, HYPE leads L1s again

Crypto

• BTC: 109.7k (-1%), ETH: 2600 (-2%), SOL: 181 (+1%)

• Top Gainers: WLD, JUP, HYPE, FET, INJ, PEPE

• BTC ETFs: +$935mn, ETH ETFs: +$111mn

• BTC OI hits ATH, as it slips below $110k

• BTC ETFs see biggest inflows in months

• BTC long/short ratio at lowest level in 3 years

• Major US banks consider jointly issuing stablecoin

• Kraken to offer 50 tokenised stocks and ETFs

• US domination in crypto will continue: Trump

• Odds of BTC $150k+ in 2025 at 43%

• Strategy to raise $2.1bn through stock issuance

• Active DeFi loans at ATH, TVL nears pre-tariff levels

• ‘Stop TRUMP in Crypto Act’ introduced by Waters

• Wormhole brings DOGE natively to Solana

• Cetus on SUI hacked for $234m

• Crypto perps in US coming soon: CFTC

• HYPE hits ATH on news, up 3x over last month

• Volatility Shares to launch XRP Futures ETF today

• SEC delays in-kind redemptions on BTC, ETH ETFs

• H100 Group adopts BTC reserve, stock +37%

Macro & General

• NASDAQ: 18.9k (0%), Gold: 3328 (+1%)

• US stock futures slip after a flat day for stocks

• US 30yr yield hits 2007 highs

• Japan 40yr yield parabolic, hits another ATH

• Outlook extremely uncertain: Ueda

• Global yield curves continue to steepen

• 30 year US mortgage rate jumps back to 7.5%

• US banks facing $482bn in unrealised losses

• Trump threatens 50% tariffs on EU from June

• 10% tariffs leave economy in good shape: Waller

• Early signs of pressure in money markets: Perli

• Supreme Court won’t allow Trump to fire Powell

• Trump threatens tariffs on Apple over iPhones

• US PMIs better than expected

• Housing supply continues to rise in the US

• Americans’ pessimism on future finances at ATH

• Trump tax bill narrowly passes House

• Trump bans Harvard from enrolling foreign students

Left Curve Corner

• Hot coins: FARTCOIN, MOODENG, MOONPIG, LABUBU

• Hot NFTs: Abstra Universe, Good Vibes Club

• Memecoin market cap back to $76bn

• MOODENG $300m, surges after Robinhood listing

• FARTCOIN $1.6bn, leads rally in major memes

• Major AI coins up 10-20%, COOKIE hits $150m

• REKT hits ATH on partnership teases

• NFTs best long-term store for wealth: Pal

• Runes rally on Kraken integration news

• YGG launches first game LOL Land

• YEET hits $100m volume since launch

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.