The Morning Minute (11.18) Powered by @yeet ⏰Top News: -Crypto majors fall another 4-5% continuing downtrend; BTC at $91,200 -Bitcoin officially wipes out 2025 YTD gains, now red -CBOE rolling out perps-like continuous futures for BTC and ETH -White House evaluating major IRS rule to evaluate foreign crypto holdings -Trump Hotels to tokenize the development of its latest Maldives property -AAVE rolls out Aave App, enters neobank space 🌎 Macro Crypto and Memes -Crypto majors are very red as BTC briefly fell below $90k; BTC -4% at $91,300; ETH -5% at $3,050, BNB -2% at $915, SOL -3% at $137 -ICP (+9%), ASTER (+7%) and HYPE (+5%) led top movers -Crypto Fear & Greed remained in Extreme Fear at 11, now in that range for 6 straight days -Bitcoin wiped out its 2025 gains after falling below $92K (briefly sub-$90k), now down 2% on the YTD -The Cboe unveiled “continuous” Bitcoin and Ethereum futures with 10-year terms as a perps-like alternative -The White House is considering to allow the IRS to track and tax crypto holdings on foreign exchanges -Vitalik Buterin and the Ethereum Foundation launched Kohaku as a new initiative to bake privacy and security into Ethereum wallets instead of treating them as add-ons -Trump International Maldives announced tokenized real-estate stakes, letting investors buy blockchain-based shares in its 80-villa luxury resort -Hive stock jumped after posting record Q2 revenue and landing new AI-infra deals, as investors rotated into miners despite broader crypto weakness. -Japan is changing its crypto tax rules, dropping cap gains from 55% to 20% -Coinbase Ventures announced an investment in USD AI In Corporate Treasuries / ETFs -Saylor’s Strategy bought another 8,178 Bitcoin for $835.6M last week at a 102k average -Tom Lee’s BitMine bought over 54,000 ETH last week (~$173M) -VanEck’s Solana ETF began trading yesterday; Fidelity Solana ETF to begin trading today -KindlyMD extended its steep stock slide after delaying Q3 earnings due to accounting issues from its Nakamoto merger -Grayscale prepared its Dogecoin ETF listing In Memes / Onchain Movers -Memecoin leaders are mostly red down 3-6%; DOGE -3%, Shiba -3%, PEPE -4%, PENGU -6%, BONK -3%, TRUMP -1%, SPX -3%, and FARTCOIN +1% -REKT fell 50% after leveraged whales were liquidated on IMF 💰 Token, Airdrop & Protocol Tracker -Aave introduced its Aave App with up to 9% yield, $1M in insurance and many other features as it enters the neobank space -Coinbase updated its X bio to say “December 17,” teasing an event or product launch -Coinbase Ventures invested in Permian Labs, the founder of USD AI -DappRadar is shutting down after years as a leading dapp-tracking app, with the team calling current market conditions “financially unsustainable” for the analytics platform 🚚 What is happening in NFTs? -NFT leaders were mostly red and continuing their decline; Punks -5% at 29.9 ETH, Pudgy -4% at 5.15, BAYC -4% at 6.04 ETH; Hypurr’s +7% at 759 HYPE -Good Vibes Club +20% to 0.48 ETH led top movers -ACK’s “Showtime” sold for $75,000 -Pudgy Penguins announced that their book “The Worst Birthday Gift Ever” is available for purchase on Amazon