Yellow Brain Fungus

I spotted this stuff on a dead tree branch this morning and at first thought it was bubblegum. Having now done a bit of research I think it is Tremella Mesenterica: Yellow Brain Fungus or Witches’ Butter.

https://www.woodlandtrust.org.uk/trees-woods-and-wildlife/fungi-and-lichens/yellow-brain/

“According to European legend, if yellow brain fungus appeared on the gate or door of a house it meant that a witch had cast a spell on the family living there. The only way the spell could be removed was by piercing the fungus several times with straight pins until it went away. This is why yellow brain also has the common name of 'witches’ butter'. In Sweden, yellow brain fungus was burnt to protect against evil spirits.”