Mando Minutes

Things I’m looking at today…

Crypto

• Market flat, Bitcoin continues to move off-exchange ($585m so far in August)

• Six law scholars file strong Amicus Brief in Support of Coinbase vs SEC

• Top 50 alts performance vs Bitcoin at historic lows

• Voyager moves small of $90m assets to Coinbase ahead of suspected liquidation

• Visa signs MoU with WhiteBit, it's first crypto partnership in over 6 months

• Winkelvii and DCG continue public war of words

• Goldfinch DeFi micro-financing protocol faces default on Kenyan loan

• $THOR up 20% ahead of lending protocol launch

Macro & General

• Week ahead light on data: US retail sales & industrial production + UK CPI in focus

• Market predicts first rate cuts not until May 2024

• Rate impacts felt with credit card delinquencies at an 11 year high, mortgage rates at 30 year high

• Rent data from Zillow/Apartment List point to US CPI shelter inflation slowing dramatically

• Dollar dominance coming to an end with BRICS currency says Lowy Institute

• Maui fire spreads, becomes deadliest in the US in last 100 years

• US navy warns commercial ships to stay away from waters near Iran after hijacks

• Cristiano Ronaldo wins Arab Club Champions Cup with Al Nassr

NFTs & Low-Cap

• $PEPE up 5%, some $BITCOIN derivatives including $SHIB move higher but market quiet

• Uniswap fires developer of $FREN accused of rug

• Leading Blur farmer Hanwe appears to have lost all of his farming points (RIP)

• DeGods season 3 artwork re-released today

• Opepen up 25% after Pudgy Penguin collab

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