🟥 Things I’m looking at today 🟥
BTC dominance rises, Saylor wants $82bn BTC, BOOP launches
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Crypto
* BTC: 96.6k (+1%), ETH: 1825 (-1%), SOL: 149 (-2%)
* Top Gainers: IMX, EOS, QNT, IP, VIRTUAL
* BTC ETFs: -$56mn, ETH ETFs: -$2mn
* Total crypto market cap reclaims $3.1T
* BTC dominance hits 4-year high
* Strategy wants to raise $82bn to buy BTC
* Metaplanet raises $25m to buy BTC
* Tether makes >$1bn profit investments in Q1
* Morgan Stanley to add crypto for e-trading clients
* Two Prime to focus only BTC asset management
* Manche suspended from Movement Labs
* Coinbase to suspend trading for MOVE on May 15
* Kraken revenue soars ahead of planned IPO
* Huione Group ‘laundered $4bn funds’ for N. Korea
* HYPE is the coin for alt season: Hayes
Macro & General
* NASDAQ: 17.7k (+2%), Gold: 3269 (+1%)
* S&P500 7 day winning streak, longest since Nov
* Most stocks actually beating S&P 500 this year
* S&P 500 may not have bottomed: Goldman Sachs
* Stock market sentiment shifts to ‘Neutral’
* Trade talk ongoing with 200 countries: Trump
* China evaluates US offer to negotiate tariffs
* EU to present new trade proposals to US
* US continuing claims at highest since 2021
* Dallas manufacturing index at lowest since Covid
* Bank reserves at Fed lowest since Jan 1
* Oil bounces after US places sanctions on Iran oil
* Saudi oil production at lowest in 15 years
* Rate cut odds at May Fed meeting below 5%
* Waltz to step down as security advisor
* Microsoft becomes world’s largest public company
* Apple to buyback $100bn stock
Left Curve Corner
* Hot coins: BOOP, REKT, Aimonica
* Hot NFTs: Azra Games, Beeple, The Llamas
* BOOP $380m, new SOL memecoin launchpad
* Several KOLs launch coins on BOOP to unlock tokens
* REKT $50m, new flavour launch next week
* Freight Tech to raise $20m to acquire TRUMP
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