Portofino Mint - 20 May 2025

🚀 Welcome to the Portofino Mint!

𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗶𝗻 𝗰𝗿𝘆𝗽𝘁𝗼 𝗺𝗮𝗿𝗸𝗲𝘁𝘀

𝗦𝗽𝗼𝘁 𝗘𝗧𝗙 𝗳𝗹𝗼𝘄𝘀 𝗮𝗿𝗲 𝗴𝗮𝗶𝗻𝗶𝗻𝗴 𝘁𝗿𝗮𝗰𝘁𝗶𝗼𝗻, 𝗿𝗼𝘁𝗮𝘁𝗶𝗻𝗴 𝗶𝗻𝘁𝗼 𝗕𝗶𝘁𝗰𝗼𝗶𝗻. 𝗦𝘁𝗿𝗼𝗻𝗴 𝗯𝗶𝗱𝘀 𝗳𝗿𝗼𝗺 𝗔𝘀𝗶𝗮 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘁𝗵𝗲 𝘁𝗿𝗲𝗻𝗱, 𝘄𝗶𝘁𝗵 𝗕𝗧𝗖 𝗲𝘆𝗲𝗶𝗻𝗴 𝘁𝗵𝗲 $𝟭𝟭𝟬𝗞 𝗺𝗮𝗿𝗸

→ 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗹𝗼𝘄 — 𝗮 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝘀𝗶𝗴𝗻𝗮𝗹.

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📊 At a Glance (7D change 13-19 May)

BTC $105,216 (+1.5%)

ETH $2,510.89 (+0.2%)‍

XRP $2.34 (-7.3%)‍

DOGE $0.22 (+42%)

📍BTC levels: 66K / 72K / 92K / 110K - Momentum’s real. Just needs macro not to mess it up.

📈 Dogecoin (DOGE) jumped over 42%, fuelled by renewed hype on social media and speculation about its potential role in upcoming government initiatives.

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🇺🇸 U.S. Macro = Shaky

• Consumer sentiment? Worst since 1980

• 1-year inflation expectations? 7.3% (!?)

• Moody’s: “America, you’re AA now” → Treasuries tank, gold rips… and BTC flies alongside.

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💼 Institutions Are Not Waiting

• JPMorgan settles on Ondo using Chainlink infra

• Standard Chartered teams with FalconX for cross-border crypto flows

• Coinbase joins the S&P 500, stock +25% → TradFi no longer dipping toes—they’re diving in headfirst.

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🧾 Stablecoin Surge & Reg Watch

• GENIUS Act (yes, real name) hits Senate: stablecoin regs incoming

• Mastercard + MoonPay launching stablecoin cards for 150M+ merchants

• World Liberty goes cross-chain with Chainlink CCIP

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🔥 Wild Week in Security + Scandal

• Coinbase hacked, extortionists want $20M—gets denied. $20M bounty offered instead

• SEC probing Coinbase’s user numbers

• Telegram black market ($27B+) shut down

• FTX paying back up to 120% to claimants starting May 30

𝘛𝘩𝘪𝘴 𝘮𝘦𝘴𝘴𝘢𝘨𝘦 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘰𝘯𝘭𝘺. 𝘐𝘵 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦, 𝘢𝘯 𝘰𝘧𝘧𝘦𝘳 𝘰𝘧 𝘴𝘦𝘳𝘷𝘪𝘤𝘦𝘴, 𝘰𝘳 𝘢 𝘴𝘰𝘭𝘪𝘤𝘪𝘵𝘢𝘵𝘪𝘰𝘯 𝘵𝘰 𝘦𝘯𝘨𝘢𝘨𝘦 𝘪𝘯 𝘢𝘯𝘺 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘤𝘵𝘪𝘷𝘪𝘵𝘺.𝘐𝘭𝘭𝘶𝘴𝘵𝘳𝘢𝘵𝘪𝘰𝘯 𝘨𝘦𝘯𝘦𝘳𝘢𝘵𝘦𝘥 𝘣𝘺 𝘎𝘦𝘮𝘪𝘯𝘪.

See Here the update from last week.