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Mando Minutes
19th August
Things I’m looking at today…
Crypto
Crypto worst week since FTX, Bitcoin dips <$26k
Bitcoin oversold as 4hour RSI hits lowest level ever
No decision on Grayscale ETF, potentially next week
Blackrock ETF first decision could be in 2 weeks
Stablecoin market cap at lowest level in 2 years
Perp DEXs trading volume doubles in volatility
Single trader liquidated for $55m ETH in dip
Bitcoin hash rate hits ATH
Exactly Protocol hacked for $7m on Optimism
N Korea hackers have stolen $2bn since 2018
BNB hacker liquidated for $60m on Venus Protocol
$RUNE up 15% as shorts get squeezed ahead of lending launch, launches streaming swaps
Friend Tech top account prices triple overnight as token implied, Paradigm revealed as backer
Macro & General
Macro flat, NASDAQ longest weekly losing streak since December
Jerome Powell to speak at Jackson Hole next week
Chinese state building firms warn of "widespread losses" as housing market impact spreads
Ecowas finalises plans for intervention in Niger
Elon wants to get rid of X block feature
23 nations try to join BRICS alliance
LK-99 officially isn't a room temperature superconductor
China reports human case of bird flu H5N6
Trump to skip first GOP debate for Tucker Carlson interview
Trump would remove Jerome Powell if elected
RFK net worth $15m according to Forbes
Womens World Cup final Sunday: England vs Spain
NFTs & Low-Cap
$PRIME up 40% after Parallel game beta launch
$LOOT up 10% as airdrop bots in vogue
Top NFT projects continue to bleed, BAYC <25ETH
Recur NFT platform to shut down, had big licenses for Nickelodeon, Hello Kitty
Yuga Labs implies it is building own marketplace after OpenSea makes royalties optional
Cool Cats CEO steps down, replaced by Clon
Seedphrase releases debut single "Angels"
Magic Eden pledges $1m to launchpad fund
Solana flips Polygon to become second largest market for NFTs again
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