Note
Welcome to daily issue of the Boba Brief Newsletter. This is last 24hrs in crypto, macro, ai & tech world

CRYPTO Brief

  • $MSOL is the new proposed ticker for Solana ETF filed by Morgan Stanley

  • Hyperliquid linked spot ETF recorded $22.3M in first week net inflows, here.

  • ZachXBT (if you are on CT you know who he is) warns users to avoid BlockDAG, ZKP and Spartans after he traced a $25M alleged fund commingling

  • Why is Goldman Sachs suddenly selling everything ? Sold $152M XRP, $500M ETH and $450M BTC but they only bought HYPE per Arkham

  • MoonPay partnered with UseCash $CASH recently as a supported stablecoin for deposits and spending; is now LIVE across 160+ countries

  • Bank of England Deputy Governor Sarah Breeden said that the BoE will publish a draft stablecoin rules next month and probably finalise them eoy. Stablecoins are getting institutionalized.

  • BTC prices to go low as $55,000 this year per Kalshi traders.

  • SpaceX discloses to hold 18,712 BTC which is worth over $1.4B, they are also filing NASDAQ IPO under ticker $SPCX

REAL WORLD Brief

  • Google announced Gemini Spark; a new general purpose AI agent in the Gemini app that can reason across information in connected apps, taking "action” on your behalf while under your direction."

  • China's Alibaba unveils its new Zhenwu M890 AI chip per cointelegraph

  • GitHub confirmed it got hacked via a VA Code extension by a hacking group called TeamPCP with the stolen data now selling on dark web for $50k+

  • All Y Combinator startups are getting $2M in OpenAi tokens by Sam Altman, they are also getting some crypto deals like gas, grants and guidance from Solana Foundation and some other additional teams like Quicknode, Helius, Privy, Circle, Coinbase, Stripe, Phantom, Ethereum, Base and more.

  • HSBC has raised $NVDA target price from $295 to $325 now.

  • Anthropic has hired former OpenAI co-founder and ex-Tesla AI lead, Andrej Karpathy.

  • Intuit is laying off about 17% of its employees, Meta is laying off around 8000, Standard Chartered is about to cut 7500 jobs ughhh. (Learn a skill, start a business guys. Even Forbes said that hiring is now shifting towards skills and real proof of work)

  • $VIRL surges 388% as the chain, comparisons to early PumpFun runners.

  • OpenAI to file for IPO this week. Read more here.

  • NVIDIA earnings announced, with Q1 revenue of $81.6B, beating all estimates. Also announced a $80B share buyback plan and more.

TOP COINS in last 24hrs

Manifesting, Nexus, Zcash, Hyperliquid, Pudgy Penguins, Undeads Games, Venice Token and more

COINS I am watching

ZEC $682 (up 83%)

HYPE (currently up 111% and outperforming BTC ETH XRP SOL BNB and more)

BOBA BRIEF

Keep Reading