Mando Minutes

Crypto finally dips, $320m liquidations as leverage wiped, gaming narrative outperforms

Crypto

• BTC: 42.4k (-2%), ETH: 2245 (-4%), SOL: 69 (-4%)

• Bitcon flash dip under $41k wipes weekly gains

• Liquidations hit $320m, funding cools in alts

• AVAX & INJ +20%, outperforming rest of L1s

• SNX +10%, will end token inflation this week

• ETH burn takes post-merge supply to new low

• ADA TVL hits new ATH as DeFi picks-up

• Polygon to demonstrate ZK product on 14th

• HTX sees $258m outflows after exploits

• Ark sold $100m of assets last week

• Coinbase climbs to 19th Finance App

• Google to allow some crypto ads

Macro & General

• NASDAQ: 14.4k, Gold: 2005 (-1%)

• Stock futures quiet ahead of Fed & CPI

• China stocks bounce after deflation figure

• US mortgage payments 50% higher than rent

• Tucker Carlson launches streaming platform

• Zelensky to meet Biden in US

NFTs & Low-Cap

• Gaming strong: BEAM, PRIME, BIGTIME lead

• Parallel Sanctuary marketplace launches today

• BONK +20% while rest of memes dip

• Top NFTs on ETH & SOL begin to dip

• Sugartown, L3E7, Mocaverse lead 7d gains

• Pixelmon confirms upcoming token

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