Things I’m looking at today
BTC ATH monthly, SEC to investigate ETF staking, tariff headlines back
Crypto
- BTC: 103.8k (-1%), ETH: 2505 (+1%), SOL: 152 (-1%)
- Top Gainers: FLR, XMR, SPX, HYPE, EOS
- BTC ETFs: -$616mn, ETH ETFs: +$70mn
- BTC scores highest ever monthly close
- BlackRock begins to see BTC ETF outflows
- SEC investigating staking of ETH & SOL ETFs
- New bill aims to shift crypto oversight to CFTC
- ETH L1 to scale 10x within a year: Vitalik
- Wynn opens $100m BTC long with 40x lev
- Trump Media raises $2.44bn to buy BTC
- Metaplanet buys $118m BTC
- Brazil’s Meliuz to buy $79m BTC
- Meta shareholders reject BTC treasury
- Sharplink plans to buy $1bn ETH with equity sale
- Stablecoin market cap surpasses $250bn
- $31m BTC transferred to Ulbricht donation wallet
- HYPE perp hits record monthly trading volume
- Monthly DEX to CEX trade volume hits new ATH
- SOL introduces SOL app kit
- REX files for SOL, ETH staking ETFs in US
- Tornado’s Roman Storm heads to trial in July
- TON network restarts after blocks halted
- Hidden Road launches crypto brokerage in US
- Taiwan’s BitPro suffers $11.5m hack
- Good time to develop dark pool DEX: CZ
- USDe, tsUSDe integrated into TON
- Bitmex thwarts Lazarus’ hack attack
Macro & General
- NASDAQ: 19.1k (0%), Gold: 3293 (+2%)
- This week: Powell speaks, PMI, Jobs data
- Trump increases steel, aluminium tariffs to 50%
- EU to react to US steel tariff increase
- Tariffs not going away: Lutnick
- China violating trade agreement: Trump
- China accuses US of violating trade deal
- US plans wider China tech sanctions
- Ukraine launches large drone attack on Russia
- April PCE better than expected
- Stocks post best May since 1990
- Trump admin to ease bank rules
- Global bond yields continue to rise
- Dollar 15% overvalued: Goldman Sachs
- Prepare for 5% 10y yield: Dimon
- HF weekly buying of tech hit decade highs
- US first time home buyers fall to record low
- M&A activity hits 20-year low
- UK passes China as 2nd largest US treasury holder
- Japan stocks see largest weekly outflow ever
- BoJ’s unrealized losses rising at record pace
- Trump admin plans ‘master database’ on citizens
- Ukraine set to default on $600m debt
- Shipping from China to US down 50% since April
- ECB likely to cut rates on June 5 but skip July
- Solar panel costs at all time low
Left Curve Corner
- Hot coins: LOUD, DEAL
- Hot NFTs: Moonbirds
- Yuga sells Moonbirds to Orange Cap games
- Moonbirds rise 3x after sale, now 0.75ETH
- LOUD lauches at $10m FDV, reaction mixed
- DEAL KOLs criticised after pump to $5m
- TRUMP outside agency regulatory scope: Pierce
- OpenSea goes live with rewards program
- Mortal by XCOPY sold for $1.1m on Gondi
- Rekt Drinks new drink set to launch June 3rd
@YEET: Crypto’s Casino
Just passed $130m in lifetime volume!
gm
