📢 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 pound collapse.

⚫️The Florida CFO advocates for state-level investments into cryptocurrencies.

⚫️Paxos warns that the U.K. 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.