🟥 Things I’m looking at today 🟥

Crypto falls, 10y back above 4.5%, Believe App pauses launches

Crypto

* BTC: 101.7k (-2%), ETH: 2535 (-3%), SOL: 170 (-5%)

* Top Gainers: XMR, LEO, WBT, AAVE, KCS

* BTC ETFs: +$320mn, ETH ETFs: +$64mn

* BTC dominance rises, major L1s all fall

* Buffet destroying capital in cash: Saylor

* JPM settles transaction on public blockchain

* Tether launches QVAC, its AI platform

* USD devaluation to drive BTC: Hayes

* VanEck launches Onchain Economy ETF

* ETH Foundation to launch 1TS audit initiative

* Mastercard to roll out new stablecoin cards

* eToro stock pumps post IPO

* Coinbase set to eye more M&A after Deribit

* MetaMask may still launch a native token

* Ukraine to collab with Binance for BTC reserve

* Outgoing CFTC Commissioner to join crypto lobby

* Backpack announces full integration with SUI

* Brazil wants strict oversight of stablecoin transfers

* BNB DEX volumes at 3-month high

Macro & General

* NASDAQ: 19.1k (+1%), Gold: 3163 (-1%)

* US futures lower after 3 day rally, PPI today

* 10-year yield went back above 4.5%

* Gold falls to 1-month low

* US Put/Call ratio hits Dec 2010 lows

* US company earnings revisions turn positive

* Fund manager sentiment indicator still very bearish

* US poised to dial back GFC-era bank rules

* US Credit card delinquencies highest since 2011

* India offers zero tariffs to US: Trump

* Trump thinks Iran deal is very close

* We’re ready to sign nuclear deal with US: Iran

* Putin wont attend talks with Zelensky in Turkey

Left Curve Corner

* Hot coins: FAI, BOTIFY, NOBODY

* Hot NFTs: Ethos Validators, Biome Lumina, Meebits

* Believe App blocks new start-ups from launching

* LAUNCHCOIN hits $400m then falls after news

* FARTCOIN flips BTC in volume on Hyperliquid

* Meteora volume pumps on the back Believe App

* Lyft to use DePin tech for mapping

* Binance writes research report on AI sector

* KAMINO S3 airdrop set to go live

* REKT Drinks teases new partnership

gm