🟥 Things I’m looking at today 🟥
Crypto plunges, Israel strikes Iran, gold & oil soar
Crypto
* BTC: 105.1k (-2%), ETH: 2550 (-6%), SOL: 145 (-8%)
* Top Gainers: LEO, WBT, FTN, TRX
* BTC ETFs: +$86mn, ETH ETFs: +$112mn
* Crypto plunges as Israel strikes Iran
* $1.1bn liquidations, Wynn liquidated again
* GameStop upsizes debt raise to $2.25b, to buy BTC
* 21 companies launched BTC reserve in last 30 days
* Sharplink falls 70% after equity re-sale announced
* Sharplink acquires $463m ETH
* DFDV announces $5bn equity line to buy SOL
* Tony G launches HYPE treasury with $400k HYPE
* DOT community proposes BTC treasury
* Phantom allows USDC payments to Shopify
* Walmart & Amazon consider issuing stablecoins
* USDC natively launched on XRP ledger
* Trident Digital to raise $500m to buy XRP
* DTCC exploring stablecoin usage
* Coinbase collabs with AmEx on BTC cashback card
* Coinbase to allow DEX & perp trading in US
* SEC delays decision on several altcoin ETFs
* Tether acquires 32% in Elemental Altus for $92m
* Tokenised gold goes live on Hyperliquid
Macro & General
* NASDAQ: 19.6k (-1%), Gold: 3380 (0%)
* Israel strikes Iran nuclear assets & commanders
* Israel’s attack against Iran will be for 2 weeks
* More to come if Iran doesn’t negotiate: Trump
* Oil continues surge, Gold hits ATH
* US stock futures dump on war escalation
* US May PPI also came in lower than expected
* US 10 year yield at one-month lows
* $7.4T in money market funds, hits ATH
* Dollar hits Mar 2022 low
* US homes list-sale price gap at 5 year high
* US office vacancy rates surging
* BoJ said to see stronger than expected inflation
Left Curve Corner
* Hot coins: REKT, SC, CHILLHOUSE, AURA
* Hot NFTs: DX Terminal, Creepz, PNUKS
* REKT $150m, ATH as Jupiter invests
* AURA hits $150m 2 days after Binance listing
* Pudgy Penguins to collab with Lufthansa
* Milady whale sells 81 NFTs
* NFTfi launches new NFT lending aggregator
* Coinbase adds Sonic token to roadmap
* Solsniper shuts down NFT marketplace
@YEET: Crypto’s Casino
Just passed $160m in lifetime volume!
gm