Mando Minutes

Kraken faces SEC lawsuit, Binance could get $4bn fine, Blur launches new L2

Crypto

• BTC: 37.2k (0%), ETH: 2005 (-2%), SOL: 56 (-8%)

• Kraken faces SEC lawsuit for listing ‘securities’

• Coins mentioned include SOL, ADA, MATIC

• Kraken CEO calls out SEC ‘extortion’

• Binance faces $4bn fine from SEC, BNB spikes

• Coinbase +7%, now up 220% from Jan lows

• ETH exchange supply hits 5 year low

• YouTube views for top crypto accounts rising

• Apple faces lawsuit for blocking crypto

• Bullish buys CoinDesk from DCG

• Santander supports BTC & ETH in Switzerland

Macro & General

• S&P 500: 4547 (+1%), NASDAQ: 14.3k (+1%)

• Magnificent 7 leads tech stocks higher

• Today: Fed minutes, Nvidia earnings

• Microsoft CEO open to Altman rejoining OpenAI

• Anthropic ‘turns down’ OpenAI merger

• China pushes state banks to aid property sector

• More rumours of Israel ceasefire deal

• Saudi-backed PFL buys Bellator

• Andrew Tate pledges $1m a month for X ads

• Top 1% carbon emissions outweigh poorest 66%

NFTs & Low-Cap

• Blur launches new L2 called Blast with ‘native yield’

• Blast gets $42m TVL, rewards for onboarders

• Machi dumps NFTs after BLUR airdrop disappoints

• Backpack airdrops $77m PYTH to users

• Big Time sells $2m game items in seconds

• ATOR drops 50% after Tor removes nodes

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