In just one week, #solana welcomed 325,000 new #tokens ! 🚀
That’s 1 token every 2 seconds. Somewhere out there, someone’s launching a “ShibaZillaPepe420” and calling it “utility.” 😁
Meanwhile, real utility: still stuck in traffic. 🐢💼
Solana: where the TPS is high, and so are the hopes of overnight millionaires. 🏎
Buy and Trade $SOL here
{spot}(SOLUSDT)
#BinancePizza @wisegbevecryptonews9
#Calendar
⚡️ Calendar of key events for this week:
Monday, May 19:
🇺🇸 The U.S. Senate plans to vote on the stablecoin bill
🇪🇺 EU - Consumer inflation CPI (Apr) - 12:00
Tuesday, May 20:
- nothing important
Wednesday, May 21:
- nothing important
Thursday, May 22:
🇺🇸 Donald Trump’s gala dinner with the TOP holders of the #TRUMP token
🇺🇸 USA - Initial Jobless Claims - 15:30
🇺🇸 USA - S&P Manufacturing PMI (May) - 16:45
🇺🇸 USA - S&P Services PMI - 16:45
🇺🇸 USA - Fed Balance Sheet - 23:30
Friday, May 23:
- nothing important
$BTC #BinanceAlphaAlert
🟥 Things I’m looking at today 🟥
Bitcoin’s highest weekly close, Moody’s downgrades US, mini-crash hits alts
Crypto
* BTC: 102.8k (-1%), ETH: 2410 (-7%), SOL: 161 (-6%)
* Top Gainers: XMR, KCS
* BTC ETFs: +$261mn, ETH ETFs: +$22mn
* Crypto has mini-crash after BTC hits $107.1k
* BTC weekly close at $106.5k, highest in history
* US Senate may vote on GENIUS Act today
* Basel Medical Group may buy $1bn BTC
* Metaplanet buys another $104m BTC
* Fed Bank of NY, BIS testing smart contracts
* Alt seasonn in summer or early 3Q: Hayes
* 14 US states hold $632m of Strategy stock
* Fifth Third to expand further in crypto
* Crypto whales ramping up security: Bloomberg
* France offers crypto entrepreneurs extra security
* MetaMask to support SOL from this month: CEO
* Phantom launches its SOL LST product (PSOL)
* DeFi Development Corp up 75% after BONK collab
* Former Celsius CEO gets 12 years in prison
* Blum co-founder arrested in Russia for fraud
* UK asks crypto firms to report user, transaction data
Macro & General
* NASDAQ: 19.2k (+1%), Gold: 3234 (+2%)
* This week: Global PMI, April Home sales
* Moodys downgrades US credit rating to Aa1
* I don't put much credence in Moodys: Bessent
* US 10y yield heads above 4.5%
* Trump to announce new tariffs within weeks
* 78% of S&P 500 stocks above 50 DMA
* Consumer Expectations hits lowest since 1980
* Inflation expectations hit 7.3% in 12 months
* Trump tax bill advances after deal on medicaid
* Trump unveils $200bn US-UAE deals
* Biden diagnosed with prostate cancer
* Japan 40 year yield at 20 year high
* UK now 2nd largest holder of US treasuries
* Lira hits all time low against dollar
* Russia-Ukraine begin peace talks
Left Curve Corner
* Hot coins: ITRUMP, STELLALOU, KIWI, NEKO
* Hot NFTs: Pudgy Penguins, Punks, Remilio
* CryptoPunk Zombie sold for 440 ETH
* Elon again changed X avatar to Kekius Maximus
* Believe App ecosystem pumps
* VIRTUAL outperforms sell-off in AI coins
gm