📢 Macro
⚫️NASDAQ and gold hit all-time highs, now at 18.7k and $2795 respectively, in anticipation of upcoming GDP data.
⚫️China plans to issue $1.4 trillion in debt over the next four years to stimulate its economy.
⚫️Alphabet reports strong earnings, largely driven by the success of Google Cloud.
⚫️Volkswagen's financial struggles highlight ongoing economic issues in Germany.
⚫️OpenAI decides to use AMD chips and is considering making its own hardware.
⚫️xAI is reportedly in discussions to raise funds at a valuation of $40 billion.
💰 #Crypto
⚫️#BTC reaches $72.4k, a $175 shy of its all-time high, with a 2% increase.
⚫️Ethereum and #Solana also see movements, with #ETH at $2690 after a 3% rise and SOL slightly down by 1% at $178.
⚫️Significant gainers in the cryptocurrency market include Maker, SUI, SEI, OmiseGO, Chainlink, and Enigma.
⚫️Experts predict that Bitcoin could reach $200k without the need for a dollar collapse.
⚫️The Florida CFO advocates for state-level investments into cryptocurrencies.
⚫️Paxos warns that the U.S. risks losing its leadership in the crypto sector if regulations remain unclear.
⚫️dYdX, a crypto trading platform, reduces its workforce by 35%.
⚫️The Stacks Nakamoto upgrade is successfully implemented.
🌟 #Web3 & NFT
⚫️Top performing cryptocurrencies include LUCE, MICHI, EPIK, SC, and ACT1, with notable gains and significant market interest.
⚫️LUCE reaches a market cap of $80 million, becoming a leader in the ‘holy meta’ category for meme coins.
⚫️EPIK token rebounds to a $20 million valuation, boosted by increased adoption among streamers.
⚫️Stars Arena, a new token, launches and quickly reaches a fully diluted valuation of $250 million.
⚫️Rodamor announces details for the MEMENTO MORI airdrop, attracting significant attention.
⚫️The rekt drinks brand launches its first product sale, tapping into the crypto community's interest.