Mando Minutes

Bitcoin’s highest weekly close, Moody’s downgrades US, mini-crash hits alts

Crypto

• BTC: 102.8k (-1%), ETH: 2410 (-7%), SOL: 161 (-6%)

• Top Gainers: XMR, KCS

• BTC ETFs: +$261mn, ETH ETFs: +$22mn

• Crypto has mini-crash after BTC hits $107.1k

• BTC weekly close at $106.5k, highest in history

• US Senate may vote on GENIUS Act today

• Basel Medical Group may buy $1bn BTC

• Metaplanet buys another $104m BTC

• Fed Bank of NY, BIS testing smart contracts

• Alt season in summer or early 3Q: Hayes

• 14 US states hold $632m of Strategy stock

• Fifth Third to expand further in crypto

• Crypto whales ramping up security: Bloomberg

• France offers crypto entrepreneurs extra security

• MetaMask to support SOL from this month: CEO

• Phantom launches its SOL LST product (PSOL)

• DeFi Development Corp up 75% after BONK collab

• Former Celsius CEO gets 12 years in prison

• Blum co-founder arrested in Russia for fraud

• UK asks crypto firms to report user, transaction data

Macro & General

• NASDAQ: 19.2k (+1%), Gold: 3245 (+2%)

• This week: Global PMI, April Home sales

• Moodys downgrades US credit rating to Aa1

• I don’t put much credence in Moodys: Bessent

• US 10y yield heads above 4.5%

• Trump to announce new tariffs within weeks

• 78% of S&P 500 stocks above 50 DMA

• Consumer Expectations hits lowest since 1980

• Inflation expectations hit 7.3% in 12 months

• Trump tax bill advances after deal on medicaid

• Trump unveils $200bn US-UAE deals

• Biden diagnosed with prostate cancer

• Japan 40 year yield at 20 year high

• UK now 2nd largest holder of US treasuries

• Lira hits all time low against dollar

• Russia-Ukraine begin peace talks

Left Curve Corner

• Hot coins: ITRUMP, STELLALOU, KIWI, NEKO

• Hot NFTs: Pudgy Penguins, Punks, Remilio

• CryptoPunk Zombie sold for 440 ETH

• Elon again changed X avatar to Kekius Maximus

• Believe App ecosystem pumps

• VIRTUAL outperforms sell-off in AI coins

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.