We had an incredible close to stocks last week and, believe it or not, equities are up again today approaching ATH's. The next big catalyst will be the FOMC on the 25th and 26th of July.

Crypto for whatever reason just doesn't want to break through. Bitcoin is back under 31k and ETH is back below 2k. Bitcoin dominance remains and, despite its price drop, alts weren't demolished this round.

Mando is super bullish on Macro here, he thinks we will see a massive rally into things like growth stocks. Inflation could head towards 1-2% at this point and coupled with higher interest rates we could get the soft landing that many dream of. A growth narrative back in the US could lead to a painful rally that nobody is prepared for.

We have as good a chance as any to make some big 10x-20x moves, the big risk gets the big bag. Position yourself accordingly.

Binance is under more scrutiny for letting go of employees, and being added to high risk lists in certain areas of the world. The fear is high but the information we have on their assets is solid and nothing compared to what we might have seen if we had the same information from FTX. CZ has explicitly said that he has never borrowed against BNB, which offers some slight comfort.

It definitely feels like there is something unknown to the public surrounding Binance and the current Bitcoin levels. It currently costs you 3-400% a year to short BNB, which alludes to big money being in the know.

NFTS

Lowest volume day of the year in NFTS with under 7k eth. Crypto punks were the only thing making moves with PunksOTC bought a block of punks from Beanie; from that block we saw a zombie and some hoodies trade for proper prices.

A gold Pudgy penguin was purchased by Rollbit for 69 ETH marking a high, likely due to a loot box.

The @notthreadguy

open edition by @jackbutcher

has raised over 30 ETH and received tons of attention. It got so big that @beeple

put the event in his everyday, which is massively epic.

Coolcats announced they are teaming up with Animoca to launch their game causing the floor to pump up a bit to .8 ETH.

Apefest is set to be in Hong Kong which is epic and huge win, and the stage agrees Apefest should be in a different part of the world each time.

STUBS

We had @MattScobel

on as this week's STUBS artist! Matt has not only made tons of his own art, but he also helped market and produce Cath Simard. His recent technique uses Lidar scans and renders to create mind blowing pieces.

"I was learning Blender at the time, and I was also working for a Space Company" - Scobel the Chad describing his space piece

Scobel has pieces collected by major players like 6529, GuyNorcal and Deeze, and you can collect one of his pieces by burning some stubs, don't miss out!

GM!

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