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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