🟥 Things I’m looking at today 🟥 Crypto legislation worries, gold starts rallying again, CFTC to trial tokenisation @YEET x Mando Minutes $10k prize this month to one email subscriber who signs up to YEET via Crypto * BTC: 94.4k (0%), ETH: 1805 (-1%), SOL: 145 (-1%) * Top Gainers: XDC, XMR, DEXE, TAO, NEXO * BTC ETFs: +$426mn, ETH ETFs: $0mn * Crypto dips on worries about US legislation passing * Florida’s BTC reserve bills postponed * Semler Scientific buys $16m BTC * Riot Platforms sold $39m BTC in April * BTC coinbase premium dropping again * DeFi Development buys $72m SOL * SOL April revenue is more than all L1, L2 chains * SUI stablecoin supply >$900m, sets new ATH * SEC delays Canary LTC ETF * CFTC to observe pilot tokenisation programs * Trump set for 2 crypto focused dinners in May * ETH Pectra upgrade live tomorrow * TVL of tokenised RWAs surpasses $22bn * FTX estate sold $500m Cursor stake for $200k * CZ wants BTC, BNB in Kyrgyzstan’s reserves * CZ does 1hr long interview on crypto outlook Macro & General * NASDAQ: 17.8k (-1%), Gold: 3384 (+2%) * US stocks finally snap win streak * Gold rallying again, nears ATH * US ISM better than expected * Stock market sentiment hits ‘Greed’ * Short interest in US small caps highest in 6 years * Money market fund AUM hit record $7.4T * US won’t exempt Japan from reciprocal tariffs * India offers lowered tariff deal to US * Mexico has ‘reached deals’ with US * China services growth hits 7-month low * Lira hits all-time low against USD * TWD makes largest single day jump since 1980s * Merz fails to win first majority in German election * 5-year reprieve for federal student loans ends * Trump admin to offer $1k for illegals to leave * Trump signs EO to boost drug manufacturing * Announcement next week on pharma costs: Trump * OpenAI abandons plans to become ‘for-profit’ * Skype shuts down * eToro files for IPO at $4b valuation Left Curve Corner * Hot coins: UTRUMP, VETA * Hot NFTs: Good Vibes Club, Kodas, Kaito Genesis * Zerebro founder passes away * Good Vibes Club up 4x in 3 weeks * Kaito Genesis up to 2ETH on upcoming airdrops * Freight Tech stock crashes on plan to buy TRUMP * Myriad Markets to collab with AIMI gm