Mando Minutes

Fake XRP ETF headline, US CPI today, GROK falls 75%

Crypto

• BTC: 36.3k (-2%), ETH: 2040 (-1%), SOL: 54 (-5%)

• Fake XRP ETF headline whipsaws market

• FTX moves to sell another $14m SOL

• Tether mints $4bn USDT in 4 weeks

• Yearly inflows now $1bn to crypto public funds 

• Bitcoin inflows 17 out of last 18 days

• Bitcoin market cap surpasses Tesla

• 3AC & Genesis reach claims agreement

• MATIC +8%, OKX L2 deal speculated

• Crypto.com gets Dubai license

• Foresight Ventures buys 80% of The Block

• Wallet drainer steals $60m in 6 months

Macro & General

• S&P 500: 4411 (0%), NASDAQ: 13.8k (0%)

• Markets largely shrug off Moody’s downgrade

• Today: US CPI (3.3% exp)

• Stocks could rise 8% over next year: G. Sachs

• SpaceX could be valued at $500bn by 2030

NFTs & Low-Cap

• GROK falls 75% after scam accusations

• Memeland NFTs 70% discount to locked MEME

• Mad Lads ATH as Backpack to launch exchange

• Parallel gets added to Epic Games Store

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