Mando Minutes

Fed cuts rates 25bps, BNB & HYPE ATH, ASTER does 5x

Crypto

• BTC: 117.2k (+1%) | BTC.D: 57.8% (-0.5%)

• ETH: 4580 (+2%) | XRP: 3.12 (+3%) | SOL: 246 (+5%) 

• Top Gainers: PENGU, M, IMX, AVAX, NEAR

• BTC ETFs: -$51mn | ETH ETFs: -$2mn

• Crypto higher after Fed cuts rate, alts lead

• BNB hits ATH, breaks $1000

• HYPE also hits ATH, Project X announces next phase

• SEC approves listing standards for crypto ETFs

• UK to waive some rules for crypto asset providers

• GD culture to buy $875m BTC

• Metaplanet launches US sub with $15m capital

• 25% BTC DATs trade below BTC holdings value

• Forward Industries launches $4b offering to buy SOL

• DFDV buys $15m SOL

• CME launches options on SOL, XRP futures

• Trump statue holding BTC outside US capitol

• NY regulator urges banks to adopt blockchains

• Circle expands collab with Kraken

• DBS collabs with FT, Ripple on tokenise funds

Macro & General

• NASDAQ: 22.3k (0%), Gold: 3700 (0%)

• Fed cuts rates by 25bps

• Fed doesn’t need to move quickly on cuts: Powell

• Stock futures higher despite Powell being cautious

• Mirran dissented in favour of 50bps cut

• Nvidia to invest $5b in Intel

• Huawei unveils AI chip roadmap to challenge Nvidia

• US credit scores fall at fastest pace since 2009

• US mortgage rates fall to one year lows

• Trump designates ANTIFA as terrorist organisation

• UK talks to join EU defence fund stall

• Meta launches new smart glasses with display

Left Curve Corner

• Hot coins: ASTER, PENGU, SLAY

• Hot NFTs: Moonbirds, Meebits, CDBs, Gas Wars

• PENGU +15%, leads top memes post-Fed

• ASTER does 5x after CZ promotes protocol

• Wormhole rolls out W token reserve

• PNKSTR buys 8th Punk

• Token Works, PNKSTR launch NFTStrategy

• Jack Butcher’s ‘Gas Wars’ settle at 0.4 ETH floor

• Durov promotes gains in Telegram stickers

YEET: Crypto’s Casino
Just passed $565m 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.