Mando Minutes

BTC hits ATH, bond yields soar, HYPE leads L1s

Crypto

• BTC: 110.6k (+4%), ETH: 2660 (+5%), SOL: 179 (+6%)

• Top Gainers: WIF, HYPE, FARTCOIN, WLD, TAO

• BTC ETFs: +$607mn, ETH ETFs: +$1mn

• BTC hits new ATH of $111k

• BTC on track for first golden cross since Oct

• Funding rates on majors remain very low

• BTC OI on Deribit at record $42.5b

• Hyperliquid whale increases BTC position to $1.1bn

• Miners appeared dumped BTC right before ATH

• HYPE leads rally in L1s, nears ATH

• Cetus on SUI faces exploit

• IBIT now top 5 in YTD inflows across all ETFs

• VanEck to launch private digital asset fund in June

• Binance to list WLFI USD1 stablecoin

• SOL Mobile’s 2nd Gen Seeker to ship from Aug 4

• WLD raises $135m from VCs for expansion

• Synthetix drops $27m Derive deal

• Hong Kong passes stablecoin bill

• Coinbase leak likely happened in December

Macro & General

• NASDAQ: 18.9k (-1%), Gold: 3315 (0%)

• Stocks fall driven by bond yield fears

• US 2yr yield above 4%, Japan 40yr hits ATH

• Pay attention to the bond markets: Dalio

• Short interest on S&P 500 at 7 year high

• OPEC+ set to make another large output hike

• Trump considers IPO for Freddie Mac, Fannie Mae

• US chip controls on China are a failure: Nvidia CEO

• US small business Capex set to fall

• EU trying to spur trade talks with US

• Japan’s factory activity continues to contract

• China property sector continues to plunge

• Bloomberg issues disrupt UK debt auction 

Left Curve Corner

• Hot coins: REKT, FARTCOIN, HOUSE, DIS, MOONPIG

• Hot NFTs: Pengztracted, Crypto Dickbutts, Abstra Universe

• Memes and AI coins lead the gains in altcoins

• REKT $115m, nears ATH after 5x in a month

• MOONPIG $90m, Wynn & Ansem linked to coin

• DIS $40m, AI application layer coin

• SOL Mobile announces SKR token

• CryptoPunks reclaim $120k floor

• Bubblemaps launch v2 on BNB

• World Liberty to purchase BUILDon tokens

• Binance Alpha to be first platform to list HUMA

• Jury finds former Safemoon CEO guilty

• OKX wallet suspend support for Runes trading

• FIFA partners with AVAX

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

*Yeet Disclaimer here. 18+, $1 minimum volume required, certain regions are restricted. Please gamble responsibly.