Mando Minutes

Things I’m looking at today…

Crypto lacks direction, Van Eck loves SOL, stocks now in ‘correction’

Crypto

• BTC: $34.2k (+1%), ETH: 1790 (+1%)

• Majors bounce around, LINK & RUNE lead alts

• FTX selling of assets accelerates

• ETH L2 active wallets hits ATH

• Stablecoin market cap steady in crypto rally

• Van Eck predicts 10,600% upside for SOL

• BTC to $85k by 2025 says survey of experts

• BTC rallies all contained to 1-2 weeks this year

• SBF was ‘surprised’ at $8bn FTX hole

• Uber to accept crypto payments in future

• CZ net worth down $12bn since 2022

• Craig Wright wins appeal in Bitcoin dispute

• Kraken shares user data with IRS

• ARB Orbit prepares mainnet launch

Macro & General

• Stocks fall into ‘correction’ after dropping 10%

• Gold tops $2000 again, Fed next week in focus

• Banks saw massive deposit outflows last week

• Israel carries out overnight offensive in Gaza

• Elon wants your ‘entire financial life’ on X

• Steve Cohen: expect brief recession then market rally

NFTs & Low-Cap

• AI coins begin to outperform led by FET

• SmurfCat memecoin up 700% this week

• NFT volumes hit highs since August

• Mark Cuban: NFTs will stage a comeback

• Meta has lost $50bn in metaverse division

• Animoca Brands pitching market-making service

• SuperRare Rare Pass next artist XCOPY

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