📢Macro
⚫️The NASDAQ index dropped 3%, its worst day in two years, because of concerns about the chip industry.
⚫️Despite recent worries, chip stocks went up after TSMC reported good earnings.
⚫️Relations between China and India might be improving.
⚫️NASA decided to cancel a $450 million project for a moon rover.
⚫️Regular exercise may help prevent mental decline as we age.
💰 Crypto
⚫️Bitcoin, Ethereum, and Solana prices didn't change, remaining stable at $64.9k, $3,455, and $160 respectively.
⚫️The fastest growing cryptocurrencies are WIF, LDO, RUNE, BGB, JUP, and EGLD.
⚫️Bitcoin funds received an additional $53 million.
⚫️Despite a general market downturn, cryptocurrency prices are stable.
⚫️Grayscale is keeping its high fee but started a smaller fund.
⚫️Grayscale also started a fund focused on decentralized AI.
⚫️JPMorgan's CEO, Jamie Dimon, might be becoming more positive about Bitcoin.
⚫️Many alternative cryptocurrencies have recovered 50-90% from their lowest prices.
⚫️A vote indicated that 55% of Mt. Gox's former users might not sell their Bitcoin.
⚫️BlockFi plans to distribute assets to its creditors soon.
⚫️Vitalik Buterin, the co-founder of Ethereum, advises against supporting crypto blindly.
⚫️Vitalik had a public disagreement with Autism Capital.
⚫️Bitcoin Magazine is organizing a fundraiser supporting Trump.
⚫️State Street is exploring how to use blockchain for payments.
⚫️UPbit, a crypto exchange, saw a 44% drop in trading volume this month.
🌟 Web3 & NFT
⚫️The hottest cryptocurrencies right now are WIF, MIGGLES, PEIPEI, ROCKY, and GIGA.
⚫️Popular NFTs include Pudgy Penguins, SMB, and Doodles.
⚫️WIF is leading among meme-themed cryptocurrencies.
⚫️The value of Doodles NFTs went up after a movie trailer featuring them was released.
⚫️Pudgy Penguins were featured on Fox News.
⚫️The Known Origin platform is shutting down.