Mando Minutes

Powell speaks today, crypto weak, Plasma 10x pre-market

Crypto

• BTC: 112.2k (-1%) | BTC.D: 59.3% (-0.1%)

• ETH: 4265 (-1%) | XRP: 2.82 (-3%) | SOL: 180 (-3%) 

• Top Gainers: OKB, GT, CAS, KCS, ENA

• BTC ETFs: -$194mn | ETH ETFs: +$288mn

• BTC slips on hawkish fed, Jackson Hole today

• BTC ETFs hit 5-day losing streak

• ETH poised for meteoric growth: JP Morgan

• Hayes predicts $20k ETH this cycle

• 27% of DATs now trade with mNAV below 1

• CFTC launches ‘Crypto Sprint Initiative’

• Eric Trump to visit Japan for crypto push

• Wont target non-criminal intent crypto devs: DoJ

• MetaMask launches mUSD stablecoin

• EU accelerates plans for Euro stablecoins

• China family offices allocating 5% to crypto: UBS

• Japan’s SBI expands into tokenised stock trading

• Ripple, SBI to launch RLUSD in Japan

• India mulls crypto tax changes

• Australia orders Binance audit

Macro & General

• NASDAQ: 21.1k (0%), Gold: 3370 (0%)

• Futures stable ahead of Powell’s speech

• Nvidia to halt H2O chip production

• Stock fear & greed index at lowest since early May

• Odds of Sep rate cut down to 73%

• Data does not support rate cut: Fed’s Hammack

• Japan 20-yr yield hits highest this century

• DoJ wants Powell to fire Lisa Cook

• Supreme Court lets Trump halt $783m DEI grants

• India, Russia vow to deepen trade ties

• China firmly ‘stands with India’ on Trump tariffs

• Meta signs $10b AI deal with Google

Left Curve Corner

• Hot coins: OKB, SPARK, NEET, BITTY

• Hot NFTs: Punks, v1 Punks, Meebits

• YZY $670m, majority of on-chain wallets in red

• Plasma 10x from presale, $5bn FDV pre-market

• OKB now up 6x since token burn

• Heaven hits first $1m revenue day

• XCOPY edition of 5 sells for $475k

YEET: Crypto’s Casino
Just passed $440m in lifetime volume!

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

*Yeet Disclaimer here. 18+. Certain regions are restricted. Please gamble responsibly.