The Morning Minute (11.25) Powered by @yeet ⏰Top News: -Crypto majors rallied hard on Monday along with stocks; BTC at $87,400 -White House launched Genesis Project as Manhattan Project for AI -Monad debuted its MON token + mainnet; MON at $3.9B fdv -Saylor’s Strategy did not announce any buys; BMNR passed 3% of ETH supply -MetaMask introduced equity perps trading on mobile 🌎 Macro Crypto and Memes -Crypto majors are very green tailing stocks on a very green day for markets; BTC +2% at $87,400; ETH +4% at $2,920, BNB +1% at $850, SOL +5% at $136 -KAS (+22%), ENA (+13%), and SUI (+11%) led top movers -The NASDAQ jumped 2.7% yesterday as stocks like GOOG (+6%) and TSLA (+7%) soared -The White House launched the “Genesis Mission” as a Manhattan Project for AI -Binance and CZ are accused of enabling crypto transactions for Hamas in a new lawsuit -Kraken teased a debit card launch coming today -Tether bought another 1M Rumble shares, sending the YouTube rival’s stock sharply higher -The European Central Bank repeated warnings that rapidly growing stablecoins could pose “stability risks” to the broader financial system In Corporate Treasuries / ETFs -Strategy (MSTR) skipped its latest weekly Bitcoin buy announcement for the first time in weeks (MSTR -67% from peak) -BitMine Immersion Technologies bought $195M of Ethereum, lifting its holdings to about 3% of supply (BMNR +10%) -Franklin Templeton launched its Franklin XRP ETF on NYSE Arca -Grayscale rolled out new DOGE and XRP ETFs on NYSE Arca In Memes / Onchain Movers -Memecoin leaders are green led by Fartcoin again; DOGE +3%, Shiba +3%, PEPE +6%, PENGU +10%, BONK +9%, TRUMP +1%, SPX +8%, and FARTCOIN +23% -SPSC jumped 98% leading onchain movers; arc (+65%), 67 (+30%) and chillguy (+23%) were other notable movers 💰 Token, Airdrop & Protocol Tracker -Monad debuted its mainnet and MON token, opening at $3.6B fdv after nearly a day of trading -MetaMask introduced new equity perps on mobile, allowing users to go long or short stocks like NVDA or TSLA -MegaUSD deposits go live today at 9 am ET, meant to seed USDm supply in the ecosystem (capped at $250M) -The Virtuals team promised refunds after a bad actor from the Basis OS team stole user funds in a security breach 🚚 What is happening in NFTs? -NFT leaders were very green on Monday; Punks +3% at 31 ETH, Pudgy +7% at 5.7, BAYC +1% at 5.94 ETH; Hypurr’s +10% at 700 HYPE -Autoglyphs (+20%) were notable movers -Art Blocks announced its final 3 projects for AB 500, featuring the original 3 artists Snowfro, Daniel Calderon and Jeff Davis -Jack Butcher teased ‘Self Checkout’ as an IRL mint experience at Art Basel
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