🟥 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 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
* 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
