The Morning Minute (3.12) ⏰Top News: -Crypto majors rebound ahead of CPI; BTC at $83k -Trump says no more Crypto Summits at White House -Coinbase launches crypto trading in India -Taproot Wizards announce mint details and 0.2 BTC mint price -Pudgy Penguins partner with Shopify to enable PENGU payments for thousands of stores 🌎 Macro Crypto and Memes -Crypto majors are mostly green up 1-2% ahead of CPI; BTC +1% at $82,800, ETH even at $1,910, XRP +2% at $2.19, SOL +1% at $126 -PI (+20%), RON (+15%), TIA (+15%) and KAS (+10%) led alts -The White House Crypto Summit was likely a one-time thing, with future summits being smaller and more focused, according to Exec Director Bo Hines -Senator Lummis reintroduced the Bitcoin Act, proposing the US Government to buy 100,000 BTC over 5 years -The House Financial Services Committee is officially discussing stablecoin regulation, reviewing bills like the STABLE and GENIUS Acts -The SEC delayed its decisions on the XRP, Solana and Cardano ETFs, perhaps needing until mid-October -Texas reintroduced a 2nd crypto reserve bill, with this one proposing up to $250M in buying of Bitcoin and crypto -Coinbase announced it will launch crypto trading in India -Fidelity filed for an ETH staking ETF, and Bitwise debuted a new ETF following 21 companies with the largest BTC treasury reserves -Cantor Fitzgerald announced it will utilize Anchorage Digital for its Bitcoin finance business, with $2B in initial financing anticipated -US users lost billions in crypto airdrops due to geoblocking police according to a report from Dragonfly In Memes -Memecoin leaders were also mostly green with DOGE +4%, Shiba +4%, PEPE +8%, TRUMP -1%, BONK +4% & WIF -1% -SAYLOR was the overnight runner on Solana, soaring 31,000% to $10M; PWEASE was another winner up 60% to $33M -DRB (from Grok) continues to lead action on Base, jumping another 30% to $34M 💰 Token, Airdrop & Protocol Tracker -Pudgy Penguins partnered with Shopify Pay and Helio to enable paying with PENGU on the official Pudgy store along with thousands of other Shopify stores -Wintermute created Wildcat v2 markets seeking $75M in public cred via USDc (12% APR), WETH (4%) and cbBTC (3.75%) -Kaito released a real-time data API to be used by other applications, already picked up by several apps -Mesh raised $82M in a Series B led by Paradigm to expand its stablecoin payments network globally 🤖 AI x Crypto -Overall market cap was up 2% to $4.04B, leaders were mixed -VIRTUAL (+2%), FARTCOIN (+7%), ai16z (-7%), ARC (-14%), ACT (-1%), and FAI (+5%) -DOGEAI (+29%) and VVV (+16%) were notable top movers -BNKR and FARTCOIN led mindshare 🚚 What is happening in NFTs? -ETH NFT leaders are mostly green; Punks even at 38.4 ETH, Pudgy +7% at 9.1, BAYC +3% at 12.8 ETH -Supreme Kong (+52%), My Pet Hooligan (+27%) and OCH Genesis Ring (+24%) led top movers -BTC NFT leaders were mixed following the Taproot Wizards announcement; -Bitcoin Puppets -1%, NodeMonkes -1%, OMB -7%, Quantum Cats -22%; Bitcoin Wizards rallied 48% leading top movers -Taproot Wizards announced their upcoming Ordinals mint, priced at 0.2 BTC with 2,121 supply -Abstract NFTs were very green with OCH Heroes (+23%) and OCH Gacha Tokens (+43%) leading the way -NBA Top Shot is offering a free pack claim and a shot at meeting Paul Pierce as a part of their NBA ID days, also offering other NBA perks like chances at daily ticket drops, dibs on new merch and special access at live NBA events
Dig into the crypto market recovery and what analysts are saying + catch up on all the day's news
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