The Morning Minute (6.2)
⏰Top News:
-Crypto majors fall overnight; BTC at $104,400
-CZ Binance says now is the time for a ‘dark pool’ DEX
-LOUD token launches Saturday night, sits at $11M
-Rekt Drinks share full ‘Ship Rekt’ mint details ahead of June 3 launch
-Moonbirds lead all NFT movers up 100%+ after Orange Cap Games acquisition
🌎 Macro Crypto and Memes
-Crypto majors fell over the weekend after stalls in US China trade talks; BTC even at $104,300, ETH -1% at $2,480, XRP -1% at $2.14, SOL +1% at $154
-XMR (+5%), KAIA (+4%) and FLR (+4%) led alts
-BlackRock's Bitcoin ETF IBIT hit record inflows with $6.2B+ in May marking its best month ever
-Cantor Fitzgerald launched a Bitcoin-Gold Fund, offering Bitcoin exposure with downside protection based on gold prices, targeting risk-averse investors
-Bitcoin-Backed Stablecoins are emerging, with new stablecoins like Bitcoin Dollar (BTD) and USDaf launching, allowing users to mint dollar-denominated tokens backed by BTC
-Stablecoin usage is shifting to B2B, with Business-to-business stablecoin transactions reaching $36B, surpassing person-to-person transfers
-Congress introduced the CLARITY Act, a new bipartisan bill aiming to shift most crypto assets under CFTC oversight, reducing SEC authority
-Sharplink Gaming upped their raise from $425M to $1B to acquire ETH for their corporate treasury
-Rexshares filed for ETH and SOL staking ETFs, potentially launching within a few weeks
-FTX officially began its 2nd wave of distributions on Friday ($5B in size)
-CZ Binance said that now would be a good time for someone to launch a ‘dark pool’ DEX
In Memes
-Memecoin leaders were slightly green; DOGE +1%, Shiba even, PEPE +1%, TRUMP -1%, BONK +2% & FARTCOIN +2%
💰 Token, Airdrop & Protocol Tracker
-Rekt Brands announced details for its Ship Rekt launch, with drinks minting as NFTs on Abstract via Opensea (price is 0.029 ETH)
-Kamino opened up its airdrop claim for Season 3 of its rewards program
-Aptos announces new $100k InfoFi rewards campaign for top 150 yappers
🤖 AI x Crypto
-Overall market cap fell 15% over the weekend to $9.8B
-FARTCOIN (+2%), VIRTUAL (+1%), ai16z (+11%), FAI (-2%) & AIXBT (+2%)
-AXR (+30%) and COOKIE (+16%) led top movers
-COOKIE led mindshare with a 22% share; Virtual and Fartcoin were next
🚚 What is happening in NFTs?
-ETH NFT leaders were mixed; Punks -1% at 45.7 ETH, Pudgy +1% at 9.53, BAYC -1% at 13.3 ETH
-Moonbirds soared 100% to 0.8 ETH after news that Spencer (known from Spencer Ventures and Orange Cap Games) acquired the IP from Yuga
-Infinex Patron NFTs jumped to 2.33 ETH over the weekend
-BTC NFT leaders were mostly green; Taproot Wizards even at 0.177 BTC, Bitcoin Puppets +9, NodeMonkes -4%, OMB +3%, Quantum Cats +11%
-Abstract NFTs were mostly red; Onchain Heroes SZN 2 launched on Abstract
-An XCOPY 1/10 ‘Mortal’ sold for $1.11M on Gondi
-Deekay Motion closes ‘Day & Night’ auctions with 34 ETH raised, but locks the ETH in a smart contract by mistake




Dig into the Loudio experiment and early results + catch up on all of the weekend news
luckytrader.substack.com/p/cry...…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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