👀 All Eyes On April 2nd

GM, the path was chosen.

Since last week, we’ve been repeating that it’s highly possible for BTC to visit the last low, around $76k or slightly lower, before attempting a real and sustained bounce toward $90k. 

The NYC open sent indexes back lower today, erasing yesterday’s upside. This means that for now, the dump-n-bounce scenario for BTC seems to be playing out. All in all, this one makes more sense since we usually see the markets de-risk before the FOMC, which happens tomorrow. There’s a 99% chance of no rate changes, so this one’s a nothing burger (here’s how it will go in a nutshell).

Also, Trump will sign some executive orders later today, at 3:30 PM ET. We’ll see if this causes volatility, especially if it concerns the trade war. Speaking about tariffs, Bessent just said that every country should get a tariff number on April 2nd. Perhaps that will mark the top the tariff scare season?

In summary, brace for more back-and-forth chop, with a possibility of lower, especially due to the weakness in US indices.

✍️ Advertise with us | 🧑‍💻 Join the Discord | 🐥 Follow on Twitter
📊 Sub to YouTube & Spotify

👇 And if you haven’t yet, hit subscribe below 👇

The important bits.

• Yeet on Berachain is growing, here’s a guide to use it to your benefit

• MegaETH teases testnet opening for users next week

• Core DAO releases a guide on how to earn 50x rewards multiplier by trading

• Tanssi featured in blocmates explainer video

• Peapods Finance will release real-yield vaults on Sonic tomorrow

• Ionet releases co-staking for IO, participate in decentralized compute here

• Beraborrow on Berachain announces TGE details for next week

• Backpack, digital market on Solana, teases big news for Friday

• Pendle releases a guide on how to earn the most yield on Sonic

Even more important bits.

• Strategy announces proposed $5M perpetual preferred stock offering

• The SIMD-228 proposal to cut SOL inflation model failed

• Russia is reportedly using Bitcoin, Ethereum, and USDT for oil transactions

• Crypto companies are seeking to become national banks under Trump

•  51% of American voters oppose establishing a government-funded crypto reserve

• 21Shares applies to launch a Polkadot ETF on NASDAQ

• Pit Vipers founder teases special Mog glasses series

• Michael Saylor teases an upcoming JRE podcast

• Binance announces zero-fee trading for all pairs in Binance Wallet from March 17

Charts and stats of the day.

• Tokenized Real World Assets s are closing in on $250B TVL

• US gas prices drop for the fourth consecutive week

• Hyperliquid has processed over $1 trillion in trading volume

Crypto taxes? Absolute pain.

Sifting through receipts, crunching numbers — it's a yearly ritual of suffering. Throw crypto into the mix, and it’s full-blown chaos.

Now you’re juggling transactions across wallets, flipping between CEXes and DEXes, and wondering if that airdrop was a win or just a taxable headache. And let’s not even start on staking rewards…

Well, it doesn’t necessarily have to suck.

Crypto Tax Calculator is built for degens like you. With over 1000+ integrations, a custom shitcoin pricing oracle, and the superpower to handle your on-chain terror.

 You can either generate reports your accountant will love or directly file ‘em yourself. 

 Snag 20% off your first year. Your accountant — and sanity — will thank you.

Smart-money movements on Solana: Fartcoin still in the lead, the consolidation/acummulation period for this one is looking promising. Once SOL gathers back strength, hot air will most likely rise again, and fast.

Smart-money movements on Ethereum: ones that stand out to me are Tibbir and Business. Business is a promising SPX competitor meme, while Tibbir is cooking some AI alpha with pretty big names.

Nous Research - Psyche Testnet Soon

DeepSeek showed us that open source LLM’s can actually compete and iterate on models by well-capitalised behemoths like OpenAI & Anthropic. Now we have Nous Research’s Psyche - a cooperative training network for generative AI, launching on Solana (testnet soon). No token yet, but it’s implied if you read between the lines on that page linked above.

You may know Nous for their open source Hermes LLM model, available for download on Huggingface. Last time I checked it was still the default choice for ElizaOS agent deployments.

Psyche is a new take on Decentralised AI training that dovetails a mix of different GPUs: Nvidia’s 4090s (consumer-grade), A100s (data-center-grade), and H100s (cutting-edge enterprise-grade) - all working together in a unified system.

This diversity of compute is coordinated onchain and powered by Nous’s DisTrO technology (Distributed Training Over the internet), which optimizes communication between these variably powered and disparate hardware options.

Think IO.net, but earlier stage development. Psyche will also focus on very specific training runs, whereas IO is designed for more generalised applications.

Check out @563Defi’s thread for more - the full Meal Deal report that dropped this weekend is linked up from the thread.

• Crossmint (Cross-chain infrastructure)

• Kamigotchi (Gaming)

• Converge (DeFi)

• Satoshi Protocol (AI, BTCFi)

• Vingt (AI asset management platform)

• OORT (Decentralized AI cloud)

• Mibera (Berachain NFT) - Ming coming up March 20

To save you doom scrolling.

Listen to this and drill it into your mind for next time we reach euphoria. I certainly will.

Will the USA start mining Bitcoin and spark an international state-funded accumulation race? Check out this little theory along with teaser tweets, something big is indeed coming.

stay safe homies,

Hix0n 🫡