🟥 Things I’m looking at today 🟥
BTC dominance rises, Circle stock dumps, Mamdani wins NYC race
Crypto
* BTC: 106.7k (+1%), ETH: 2425 (0%), SOL: 146 (+1%)
* Top Gainers: PI, APT, SEI, SPX, FARTCOIN
* BTC ETFs: +$589mn, ETH ETFs: +$71mn
* BTC dominance nears 66%, SEI leads L1s
* $14b BTC options expire Friday
* Banks are free to do crypto activities: Powell
* Green Minerals to raise $1.2bn to buy BTC
* Sharplink purchases another $30m ETH
* Pomp’s ProCap buys $386.5m BTC
* Nano Labs raises $500m to buy BNB
* Aurora Mobile announces crypto reserve
* Chainlink, Mastercard collab for onchain trading
* Circle stock dumps on BIS criticism of stablecoins
* Barclays bans customers from crypto transactions
* Polymarket nears $200m fundraise, $1bn+ valuation
* Tether is now 2nd largest stockholder of Juventus
* Ledger SAS to sponsor San Antonio Spurs
* Flashnet, Brale to launch USDB stablecoin
* Court extends WazirX debt moratorium
* Aptos, Jump Crypto launch hot storage network
* S. Korea working with 8 banks to launch stablecoin
* Japan looks to clear path for crypto ETFs, tax clarity
Macro & General
* NASDAQ: 19.9k (+1%), Gold: 3337 (0%)
* Futures stable, S&P 500 1% from ATH
* All roads lead to ATH in stocks: JP Morgan
* $1.1T S&P calls traded Monday, in top 10 ever
* US consumer confidence lower than all estimates
* Oil back to levels before Israel-Iran strikes
* Powell gives no rate cut signals
* Powell expects more tariff inflation in June
* Rate cut odds by Sep FOMC hit 85%
* USD nears early 2022 lows
* BoJ divided over rate pause, inflation risks
* Tax & trade deadlines loom in next 2 weeks
* Iran’s nuclear program set back decades: Trump
* PBOC to inject CNY 300b liquidity via Lending Tool
* Platinum hits decade high
* Mamdani wins New York mayor race
Left Curve Corner
* Hot coins: STONKS
* Hot NFTs: Creepz, The Broken Keys
* Gondi launches NFT marketplace
* Arsonic’s ‘Shape of Pepe’ hit 2.5k mints in half day
* NEWT crashes 1 hour after airdrop
@YEET: Crypto’s Casino
Just passed $185m in lifetime volume!
gm
