🟥 Things I’m looking at today 🟥
BTC back at $110k, EU gets trade deal extension, HYPE hits ATH
Crypto
* BTC: 109.8k (+2%), ETH: 2575 (+3%), SOL: 178 (+4%)
* Top Gainers: JUP, VIRTUAL, FET, HYPE, UNI
* BTC ETFs: +$212mn, ETH ETFs: +$59mn
* BTC climbs back to $110k after weekend sell-off
* HYPE hits ATH, TVL now 2x in 17 days
* Wynn flips short then ‘retires’ account
* 21 Capital aiming to buy up to 5% of BTC supply
* Semler Scientific buys $50m BTC
* Kraken launches tokenised stocks
* HSBC launches blockchain-based settlements in HK
* BNP launches tokenised money market fund shares
* Tether to continue focusing on non-US markets
* 1m+ phones connected to our network: Helium
* SOL introduces ‘Solana attestation service’
* Polygon co-founder exits the network
* Crypto investor Woeltz charged with kidnap, torture
* Pakistan allocates 2GW power for BTC mining and AI
* Coinbase sued over data leak
* Elon confirms X payments network coming soon
Macro & General
* NASDAQ: 18.7k (-1%), Gold: 3335 (-1%)
* This week: Fed minutes, Q1 GDP, PCE Inflation
* Stock futures rise as Trump delays EU tariffs
* Japan wants US deal done by G-7 in June
* Dollar falls, hit lowest level since Dec 2023
* 40% USD drop would wipe out trade deficit: DB
* Gold ATH weekly close, huge weekly outflows
* Hedge fund levered shorts on stocks hit ATH
* US CDS spread highest since 2023
* 2025 US recession odds still at 43%
* Fed’s Kashkari ‘not sure’ on rate moves by Sep
* BoJ now owns 52% of Japan govt bonds
* US SWF on pause: Bessent
* Putin crazy, Zelensky causes problems: Trump
* Xi weighs new made-in-China plan
* India passes Japan to become 4th largest economy
* Nvidia to launch cheaper Blackwell AI chip for China
Left Curve Corner
* Hot coins: PURR, BUDDY, HFUN, LABUBU
* Hot NFTs: Abstra Universe, Final Bosu, Kaito Genesis
* HyperEVM hits ATH in daily addresses
* PURR, BUDDY, HFUN lead gains in HYPE memes
* Muller collabs with SOL to launch watches
* Dubai chooses XRP for tokenised real estate project
* Wynn long $20m PEPE perps
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