BTC Hits $100k, HAWK Crashes, TUAH Rises

PLUS, the intersection of AI and blockchain has just gotten smarter with GenLayer

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Bitcoin’s price has officially hit six figures — one hundred thousand americano dollars for one BTC. We’re all high on euphoria. 

  • It took BTC less than 16 years to become a $2 trillion asset, while Apple and Amazon took 42 and 29 years to get there 

  • El Salvador invested $269 million into BTC; Its total current balance stands at $603 million, while the unrealized gain is hovering around $333.5 million

  • Likewise, MSTR’s BTC investment has surpassed $18 billion in profit 

  • Coinbase and Binance whales are on-duty

  • Over $673 million in liquidations have occurred over the past 24 hours, including $179.62 million tied to BTC positions

While everyone out there was celebrating BTC’s spike to $100k, HalieyWelchX, known for using the phrase "Hawk Tuah," launched a token on Solana called HAWK. Zero points for guessing, but it ended up crashing 90% shortly after the launch. Outright red flag.

Meanwhile, TUAH was counter-launched as a “revenge” coin to flip HAWK and send the Hawk Tuah girl to prison. It’s up by more than 15,000% on the daily and has the backing of 20,000 holders.

Straight Tuah Prison! 

Current state of affairs — TUAH | Source

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Fartcoin/SOL 4H Raydium

Bitcoin hit $100k today, so of course we are featuring Fartcoin in chart of the day. It’s ready to take off from the buy zone (price beneath the VWAP). 

At sub $0.20 you are basically buying the Bitcoin MT Gox capitulation wick in January of 2015 ($150). I have a strong conviction that this is a billion-dollar ticker in waiting (currently $192 million). 

Always remember, the most entertaining outcome is the most likely!

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!

The market sentiment has never been this ripe before. All credit goes to $100k BTC. In Kaito’s words,

“Things have simply never been better”

With BTC being the talk of the town for surpassing $100k, normies are all lurking in here too. Projects continue to build and utility bros are busy delivering. VCs continue to pour their funds to back protocols, and mindshare-wise, Dragonfly tops the list and is followed by Alliance and Multicoin Capital. 

Paradigm, a16z crypto, Variant, Delphi Digital, Pantera Capital, 1confirmation, and Electric Capital also feature in the top-20 list.

Let’s face it — smart contracts aren’t really that smart. They’re like calculators: precise, but painfully basic. This is where GenLayer comes into the picture to spice things up. 

This protocol ditches outdated smart contracts for Intelligent Contracts, powered by AI.

These aren’t your run-of-the-mill contracts. Intelligent Contracts can process natural language, adapt to real-world data without oracles, and also make subjective decisions. 

They’re more like blockchain’s personal assistant, evolving and learning to tackle complex, dynamic tasks.

What makes GenLayer tick? Well, its Optimistic Democracy consensus system ensures secure, non-deterministic outcomes. Now that’s perfect for handling AI’s inherent unpredictability. 

Meanwhile, validators settle disputes with rounds of appeals, doubling down until finality is achieved.

But the real magic lies in its use cases. From AI-powered DAOs to adaptive DeFi, under-collateralized lending, and even oracle-free prediction markets, GenLayer promises to reinvent what’s possible on-chain. 

Plus, Python-friendly coding means anyone, even non-devs, can build on it.

With $7.5 million backing from top-tier investors, GenLayer isn’t just hype — it’s the next wave of crypto innovation. The intersection of AI and blockchain has just gotten smarter! 

If you wanna know more about Genlayer’s mechanics, then straight up dive into our report by Emiri.

The important bits.

  • Fuse introduces virtual US bank accounts

  • Wormhole launches W staking on Solana

  • Missouri Senate introduces bill to ban CBDCs, make gold and silver legal tender

Even more important bits.

  • Bitcoin finally hits $100k: What’s driving the crypto king’s historic surge?

  • Trump picks pro-crypto Paul Atkins to head the SEC: What lies ahead?

  • Mt. Gox moved $2.43 billion worth of BTC to a new wallet after the asset's price hit $100k

  • US Treasury sanctions 5 people, and 4 entities associated with a Russian money laundering group

  • Putin says no one will be able to ban cryptocurrencies

  • Commenting on BTC, Federal Reserve Chair Powell says, "It's just like gold only it's virtual, it's digital"

Charts and stats of the day.

  • Daily fees on Avalanche notches 5x over the past month

  • Hyperliquid reached a new ATH in 24h volume, registering a number greater than $8.5 billion

  • Its open interest also reached a new peak by surpassing the $3 billion threshold

Life gets busy so here’s what you’ve missed.

How Bittensor is Challenging Big Tech AI with Open Source Solutions

Podcast

This week, 563defi and Brody host Angad and Akshat from Dippy AI to discuss AI consumer apps and Bittensor-powered tools, as well as shed light on Dippy, an AI companion.

Tune in on Spotify | YouTube 

To save you doom scrolling.

Schiff, oh dear Schiff! Dreams do come true.


Now that $100k has been achieved, all eyes are onto the next target. The guys at Standard Chartered have already predicted that BTC will reach $200k in 2025. The retail clan is looking to the “easy road” to $250k, while maxi Saylor says the asset will be worth $13 million apiece by 2045. 

Aaaah, there’s a lot to look forward to. All I’m gonna say is, “One day at a time!”

stay safe homies,

Lavina 🫡

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