Mando Minutes

Crypto bounces back, French election shock, memecoins underperform

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Crypto

• BTC: 57.7k (+1%), ETH: 3060 (+2%), SOL: 140 (0%)

• Top Gainers: TIA, NOT, STRK, LDO

• BTC sinks 5% then bounces back to unchanged

• $58-60k the main area for ‘shorts to defend’

• Crypto funds saw $441m inflows last week

• German government transfers 1000 BTC to sell

• Crypto sentiment at lowest in over a year

• ETH spot premium hits local highs

• Japanese firm Metaplanet buys $2.5m BTC

• Expect more miners merging: TeraWulf CEO

• SOL Firedancer bug bounty goes live

• GLM transfers $117m of ETH treasury to exchanges

• 98% of coins have topped this cycle: Kang

• ETH ETF should come in next 2 weeks: Geraci

• Crypto progress disheartening: Copeland

Macro & General

• NASDAQ: 18.4k, Gold: 2380 (-1%)

• French left-wing coalition gets most seats

• French stocks rise after shock result

• Biden says ‘only act of God’ will dislodge him

• Republicans request meeting with Biden’s doctor

• Nine House Democrats ask Biden to step aside

• Russia missiles hit Kyiv

• Elons calls WhatsApp ‘spyware’

• Ozempic may lower cancer risks

• New pill may increase IVF success by 20%

• World’s oceans break heat record for 15 months

• Light was originally created by dwarf galaxies

Left-Curve Corner

• Hot coins: GIGA, BILLY, DADDY

• Hot NFTs: Azuki, Billy Cats, Frogana

• Top memes underperform including WIF & PEPE

• Celebrity crypto tokens will catch SEC’s eye

• WELL team burns 2.5% of tokens

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