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Mando Minutes
12th August
Things I’m looking at today…
Crypto
Market flat, SEC delays Bitcoin ETF decision 8 wks
SBF jailed for witness tampering over NYT article
Friend Tech account prices drop after initial craze
Base overtakes Optimism & Arbitrum in fees generated
Curve vows to fully reimburse users after hack
Aave DAO votes to buy $2m CRV in support
Trump holds $250k of ETH
$SHIB up 20% in last week ahead of Shibarium, open interest triples in a month
$ETH open interest near 1 year low
Macro & General
Stocks drop as PPI shows slightly higher inflation
Bond market now predicts 10% chance rates will be hiked 0.25% in September
Biden says Chinese economy is "ticking time-bomb"
Fed balance sheet dropped by $1T since last year
Global oil demand hits record
India buys 11x more oil from Russia than last year
X will be getting video call feature
NVIDIA stock close to dropping below $1T
Special Counsel appointed in Hunter Biden investigation, tax case heading for trial
Elon vs Zuck fight might happen in Colosseum
Scientists find new sea creature with 20 arms in Antarctica
NFTs & Low-Cap
Meme coins run, $PEPE & $BITCOIN up 20%
Gamble-fi low caps in vogue after $RLB move
$UNIBOT near ATH, UNIBOT X rumours next week
$PRIME Parallel gaming coin up 60% this week
$AKT AI related coin up 100% this week
$FRENS coin rugs on Base, links back to Uniswap employees
Proof unveils artists for Grails IV
DeGods to unveil alternative retro art style on Sunday after backlash
Sproto Gremlins NFT +90% after move in $BITCOIN
FC Barcelona gets $132m investment for web3 arm
Sothebys, Madonna, Justin Bieber & Paris Hilton sued over promotion of BAYC
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Comic by @boldleonidas