The Morning Minute (5.8)
â°Top News:
-Crypto majors soar on US UK trade announced; BTC at $99,700
-Vivek and David Bailey both announce new BTC acquisition companies
-Stripe introduces Stablecoin Financial Accounts
-Jupiter launched Universal Send
-Two grail NFTs moved with XCOPYâs âLast Selfieâ and an Ape CryptoPunk, both over $1M
Macro Crypto and Memes
-Crypto majors are very green this morning after news of a major US UK trade deal to be revealed today
-BTC +3% at $99,700, ETH +7% at $1,960, XRP +3% at 2.20, SOL +5% at $155
-PENGU (+25%), EOS (+18%) and ENA (+14%) led alts
-Bessent and Lutnick submitted draft plans for the US Sovereign Wealth Fund which were partially rejected
-Stripe introduced Stablecoin Financial Accounts, allowing users to hold funds in stablecoins, and send and receive funds via fiat and/or crypto rails
-Robinhood is reportedly developing a blockchain-based platform for stock trading in Europe, and looking at either Arbitrum or Solana for partnership
-Visa invested in BVNK to expand stablecoin infrastructure, aiming to enhance global digital payment capabilities
-Strive Asset Management announced plans to merge with Asset Entities and launch a Bitcoin treasury strategy through a reverse merger (driving the ASST stock up 450%)
-David Bailey is set to launch a $300M Bitcoin investment company âNakamoto,â using $200M in equity financing and $100M in debt
-Metaplanet acquired an additional 555 BTC, bringing its total holdings to over 1,000 BTC
-Coinbase released SEC documents revealing internal debates over Ethereum's classification as a security
In Memes
-Memecoin leaders were very green; DOGE +6%, Shiba +5%, PEPE +12%, TRUMP +12%, BONK +10% & FARTCOIN +8%
-SPLAT (+700%) and BOOPA (+88%) led notable movers on Solana
-PENGU soared 25% leading all major memes; MOG +40% to $280M
đ° Token, Airdrop & Protocol Tracker
-Jupiter introduced Universal Send, allowing users to send SOL, USDC or memecoins to anyone and they can claim via link or QR code
-Rekt Drinksâ latest flavor Abstract Apple sold out globally in 40 minutes on Wednesday
đ€ AI x Crypto
-Overall market cap jumped 9% to $9.3B, leaders were green
-FARTCOIN (+7%), VIRTUAL (+18%), ai16z (+14%), AIXBT (+18%), and ALCH (even)
-nuit (+82%), POLY (+55%) and ACOLYT (+39%) led notable movers
-Fartcoin led mindshare with a 12% share; Virtual and REKT are next
-Netflix is adding a generative-AI powered search feature to its home screen along with a TikTok style vertical video feed
đ What is happening in NFTs?
-ETH NFT leaders are mixed; Punks +1% at 42.3 ETH, Pudgy +2% at 11.97, BAYC -1% at 13.6 ETH, Doodles -14% to 3.24
-Kaito Genesis NFTs (+40%), rektguy (+25%) and Hypios (+18%) led notable movers
-BTC NFT leaders were mixed with Bitcoin Punks leading +11%; Taproot Wizards -2% at 0.17 BTC, Bitcoin Puppets +3%, NodeMonkes +2%, OMB -4%, Quantum Cats even
-Abstract NFTs were mixed led by Captain & Company (+50%) and Ruyui (+12%)
-Adidas will release 2,600 limited-edition NFT apparel boxes for the SUI-based Xociety game on May 16, featuring digital wearables and tokens
-Two historic NFTs changed hands on Wednesday including an Ape CryptoPunk (undisclosed) and XCOPYâs âLast Selfieâ for $1.15M




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