Mando Minutes

Things I’m looking at today…

Crypto

• Majors still flat despite macro strength

• $ETH fees generated hit 8-month low

• Grayscale ETF decision potentially today

• HK first crypto exchange HashKey opens

• HK Financial Secretary says future of tech growth is blockchain

• DCG & Genesis bankruptcy deal, 70-90% recovery

• Fifth largest $BTC address linked to killed leader Prigozhin

• Friend Tech criticised for penalising use of other platforms

• PayPal $PYUSD faces sluggish demand

• $USDC outflows $20-25m a day

• Binance leaving Russia ‘on the table’

• Indian billionaire company Reliance to explore blockchain

• Polygon $MATIC founder talks up $POL new tech

• $SOL automation project Clockwork to close

• BitBoy exit confirm, abuse allegations cited

Macro & General

• Macro strong: stocks higher, yields lower, gold higher

• Volatility index $VIX <19 for longest streak in 3 years

• China pledges more fiscal policy support

• Top Chinese property developer asks for more time to make repayments

• China may build nuclear plant in Saudi, BRICS deal

• EU budget battle threatens Ukraine funding

• Flannery Associates wants to build California ‘utopia city’

• France ambassador stays in Niger, supports intervention

• Worldwide Lithium shortage could come by 2025

• Disney stock hits 9-year low

• Elon booed at game tournament, chants of ‘bring back Twitter’

• US Open tennis begins

NFTs & Low-Cap

• SEC charges podcaster Impact Theory with securities fraud over NFT, pays $6m fine

• SEC charges may have implications for other projects

• Ugly day for new memecoins with 10-30% drops

• $PEPE report by Kaiko shows 300k more bids than asks on CEXs, price down 5%

• Pepe Community $PEPE rises to $40m before dropping 50%

• $LBR up 15% ahead of V2 launch in LSDfi space

• $OX up 15% after $FLEX conversion halted

• $RLB Rollbit offers a number of new pairs for trading

• NFT volumes hit lowest in 2 years

• EA Sports FC hints at NFTs in new game

• Pantera Capital calls blockchain gaming ‘under-hyped’

• Nouns prices up 50%, may return treasury to minters

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