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- 👀 Are Emergency Rate Cuts Coming?
👀 Are Emergency Rate Cuts Coming?
PLUS all the DeFi news and updates you can't miss!

GM.
The price action has been extremely boring lately. Either we get chopped to bits in BTC or dumped on in alts. Oh well, at least Hyperliquid is continuing to dominate, cementing itself as the most likely winner of the next upward cycle.
If you’re bored, don’t miss this HyperEVM airdrop farming guide I cooked for you recently!
Moving on, a little jolt of volatility might come later today, as a chunky amount of BTC and ETH options are expiring. As long as BTC stays above $80-81k in the short term, we should aim higher, at least into the end of April.
Meanwhile, the US drama continues and heats up. Even though Trumpster says a deal with China is coming soon and “will be very good,” now, in addition to the tariff drama, tensions between Trump and the Fed are growing. The Orange Man now wants to straight up fire Powell and replace him with Kevin Warsh.
Trump’s thinking here seems a bit suspicious, to say the least. He’s saying Powell is only good for cutting rates, while Kevin Warsh is a well-known hawk. What’s the plan here exactly?
Weirdly enough, with Powell saying clearly they won’t cut rates too early, the odds of emergency rate cuts are rising rapidly in the background on Polymarket. If we learned anything over the past year, it’s not to underestimate the Polymarket alpha. The question is, are emergency rate cuts actually bullish? I wouldn’t be so sure.
Tricky times, my friends! We’re either somewhere around April 2022 or August 2021. For now, it’s impossible to say. Once BTC gets above $95k and turns it into support, we get omega bullish. On the other hand, things turn sour quickly with higher timeframe closes under $76k.
I aim above $88k for now and will re-evaluate later. Stay tuned, we simply keep playing.
👇 And if you haven’t yet, hit subscribe below 👇

The important bits.
MegaETH features its real-time blockchain in a new game
Initia announces mainnet for April 24th
Mode features Synth’s AI BTC liquidation probabilities, check it out here
Berachain announces plans to integrate the Ethereum upgrade EIP-7702
HodlStation partners with Bearn, new BGT LST on Berachain
Dolomite announces TGE for April 24th
Convergence announces new technical roadmap
Even more important bits.
a16z announced $55M investment in LayerZero
A federal whistleblower dropped very disturbing cybersecurity disclosures
European Central Bank cuts interest rates to 2.25%
HashKey Capital announces launch of Asia's first XRP Tracker Fund
Economic activity in US is falling off a cliff
Charts and stats of the day.
Ethereum is down 74% against Bitcoin since switching from PoW to PoS
Solana Stablecoins Market Cap hits a new ATH with $12.738B
BlackRock has bought $30.73 million worth of BTC yesterday
Crypto taxes? Absolute pain.
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TAOUSDT 3D Mexc

On Tuesday, I charted Bittensor on Twitter and linked it up in AI Corner. We were at range lows with momentum (see MACD at bottom) turning bullish. The ecosystem has never looked busier. Now that dTAO exists, every subnet gets to create its own token.
We’ve since hit Tuesday’s purple box entry and are moving convincingly up and out of it. If we close the weekly candle above $250, the next areas of interest are going to be the $330, $360, and $400 (midrange) levels.
Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

Solana smart-money movements once again favor Fartcoin and Popcat. Blue chip memes time? Careful with Fartcoin at these levels, though; it seems to be distributing short-term. Longer term, I think Fartcoin is a definitive winner.

Source: ChainEdge
PROMPT is continuing to show the highest inflows on Ethereum, while there’s also a little “… is for everyone” shitcoin narrative brewing after the Base is for Everyone fiasco.

Source: ChainEdge

Position Finance (DeFi)
Fan App (Hyperliquid SocialFi)
Fundamental (Hyperliquid research)
Funes (MegaETH online museum)
Roots (LRDFi on Berachain)
UpSide (Metacoins)

To save you doom scrolling.
It does feel like this doesn’t it.

Just finished chatting to my good friend Swaggy about Berachain. Lately, there’s a lot of drama and doubts around the chain with a bear on it.
Nevertheless, I think the Boyco unlocks coming in early May could be a bullish catalyst. More TVL, more fees, more activity. If Berachain proved something, it’s that the community and builders are relentless and loyal. I’m personally not giving up on it; better times are coming.
This is just a little something for those feeling pain from the recent price action (same as me). Here’s to better times. Have a good weekend, and as always, thank you for reading.
stay safe homies,
Hix0n 🫡
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