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HYPE vs ETH
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Bitcoin ATH crypto bros choosing optional Guac on their buy-now, pay later burritos
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🟥 Things I’m looking at today🟥 BTC hits ATH, bond yields soar, HYPE leads L1s Crypto * BTC: 110.6k (+4%), ETH: 2660 (+5%), SOL: 179 (+6%) * Top Gainers: WIF, HYPE, FARTCOIN, WLD, TAO * BTC ETFs: +$607mn, ETH ETFs: +$1mn * BTC hits new ATH of $111k * BTC on track for first golden cross since Oct * Funding rates on majors remain very low * BTC OI on Deribit at record $42.5b * Hyperliquid whale increases BTC position to $1.1bn * Miners appeared dumped BTC right before ATH * HYPE leads rally in L1s, nears ATH * Cetus on SUI faces exploit * IBIT now top 5 in YTD inflows across all ETFs * VanEck to launch private digital asset fund in June * Binance to list WLFI USD1 stablecoin * SOL Mobile’s 2nd Gen Seeker to ship from Aug 4 * WLD raises $135m from VCs for expansion * Synthetix drops $27m Derive deal * Hong Kong passes stablecoin bill * Coinbase leak likely happened in December Macro & General * NASDAQ: 18.9k (-1%), Gold: 3315 (0%) * Stocks fall driven by bond yield fears * US 2yr yield above 4%, Japan 40yr hits ATH * Pay attention to the bond markets: Dalio * Short interest on S&P 500 at 7 year high * OPEC+ set to make another large output hike * Trump considers IPO for Freddie Mac, Fannie Mae * US chip controls on China are a failure: Nvidia CEO * US small business Capex set to fall * EU trying to spur trade talks with US * Japan’s factory activity continues to contract * China property sector continues to plunge * Bloomberg issues disrupt UK debt auction Left Curve Corner * Hot coins: REKT, FARTCOIN, HOUSE, DIS, MOONPIG * Hot NFTs: Pengztracted, Crypto Dickbutts, Abstra Universe * Memes and AI coins lead the gains in altcoins * REKT $115m, nears ATH after 5x in a month * MOONPIG $90m, Wynn & Ansem linked to coin * DIS $40m, AI application layer coin * SOL Mobile announces SKR token * CryptoPunks reclaim $120k floor * Bubblemaps launch v2 on BNB * World Liberty to purchase BUILDon tokens * Binance Alpha to be first platform to list HUMA * Jury finds former Safemoon CEO guilty * OKX wallet suspend support for Runes trading * FIFA partners with AVAX gm
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what happened? he sold Bitcoin at $72,000 last month because of tariffs:
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crypto bros on their way to work today:
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