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They’ve been putting out a bunch of fun, crypto-themed games with plenty more coming!
I mean, check out the roster, plenty to choose from, plus it’s as easy as registering here and having some good old dicy fun:
GM, let’s properly assess what the constant monitoring of the situation tells us, shall we, lads? (I always hesitate whether to say lasses also since the last time I saw our demographics)
Well, first things first: Bitcoin. The main question remains. Was $60K the final low? I still tend to believe so, while I'm also open to seeing wicks lower, say into the low fifties. Key word here: wicks, not longer-term closes.
If we see higher-timeframe closes below 60 keks, sure, let’s change our opinion and craft a new plan. There’s no point in being stubborn when it comes to charts, trading, you name it. At the same time, let’s drill into our minds that the Fear&Greed index is at 6 6-year low (!). If history tells us anything, this isn't the time to be afraid, it’s time to focus (and perhaps plan at least some DCA, not financial advice).
Alright, if we got the price capitulation behind us, how long will the time capitulation take? Well, it might not be as long (and leading as low) as many expect. For example, check out this segment comparing the timing of gold topping out against Bitcoin.
What if comparing BTC against Gold is actually a more precise way of charting than BTC/USD? USD gets printed left and right, Fed does whatever it wants with it… I mean, isn`t gold mechanistically closer to BTC than fiat?
On the downside, we’re starting to see similarities to the Dotcom bubble. Check this chart out. Do you think it’s accurate? I sure hope not. After all, DCB happened way before 2008. Since then, everything has been manipulated into shorter bear markets and longer bull markets, simply because the Fed has always had some form of QE in the back pocket, ready to go.
On the upside, Orange Man confirmed that the Crypto Market Structure Bill will be passed soon. I know, we’re hearing this over and over again, so here’s to hoping. The Bald Man of Coinbase confirms this as quite bullish news. Listen for yourself here. Oh, and the SEC chair basically just confirmed this.
On top of this, VanEck just confirmed 13 US states are preparing to start mining BTC at a government level. US Bitcoin Reserve expansion? Yes please.
Lastly, there are some promising tariff news surfacing as we speak, but more on that in the news section. I know, times are not exactly. easy, but we've been here before, and we will come out on the other side chilling, moisturized, and in our lanes. Patience.
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The important bits.
How to move $1M into MegaETH without losing a dollar? Use Jumper.
EdgeX announces strategic investment from Circle, bringing USDC onboard, read here
Nado rolls out mainnet Builder Codes, a native way for builders to monetize, build here
WORM is the first project mentioned in the Web3 Privacy Now report, read here
Layer Zero isn’t another L1, it’s a decentralized AWS, explained here
Google is joining Layer Zero to deploy AI Agents for payments, read here
New Saga Vibe Hours Spaces are live, tune in here
Optimum hires Slobodan Sudaric-Hefner with 10+ years of experience in economic research, read here
46 U.S. equity feeds remain live on Pyth after the closing bell sounds, read all here
SEDA’s Token Burns, Oracle Program Deployments, Transactions, all trackable here
Hibachi is solving stablecoins with FX and Circle, full explainer here
Hibachi is now developing a next-gen FX exchange on Arc, read here
Aztec underwhelming launch: Raised $157M and are now trading at $59M market cap, $215M FDV, read here
Edel Finance is now live on Robinhood testnet, read here
Even more important bits.
Russia is planning to move back toward the U.S. DOLLAR settlement system, read here
United States signs trade deal with Taiwan, cutting tariffs to 15%., read here
President Trump is planning to scale back tariffs on steel and aluminum goods, read here
Swiss Central Bank urges to creation of a BTC Strategic Reserve, read here
Charts and stats of the day.
Coinbase's premium gap chart is in the longest negative streak since nov 2024, chart here
Mayer multiple (distance from 200-day moving average) and the 200-week moving average point to long-term accumulation, chart here
Ethereum weekly transaction count hits all-time high of 17.3M while median fees drop to record low, read here
Lastly, our daily Telegram bulletin is back! Join in right here and stay on top of everything, every day.
Today’s bulletin:
Is invisibility the measure of crypto’s success?
GOLD/BTC RSI
Apologies for using Krown`s idea for the second time here today, but I find these observations very noteworthy! Let’s keep our eyes on this one going from here.
Source: Krown
Telemetry data of the day.
Top trending tokens for the last 24h:
If you want to access more of this type of data and trade freshly graduated tokens on PumpFun or Bonk, visit Telemetry here (it’s free).
Espresso (Multichain communication) - Launched today
Takes (Social prediction markets)
Anti Hunter (agentic crypto vc)
Dilemma AI (A skill-based Prisoner's Dilemma platform for Agents to earn ETH)
Molten (Search engine for AI agents, Base)
Ondo Perps (Perpetuals for US stocks on Ondo)
Why do I see myself in this?
My frens, it’s quite simple. Certain markets stayed unpumped for a while, so eventually, they got noticed and pumped. While those are getting pumped, the previously pumped markets get unpumped. This is called price capitulation.
Then, for some time, those unpumped markets stay unpumped, flat, choppy. And then? Then they get noticed again. Why? Because they remained unpumped for quite some time, which means it’s time to get those numbers up.
And so the world turns, and the cycles cycle. Do you think markets, cycles, and nature will change? I think there will be evolution, yes, but the core principles remain the same.
Problem is, humans tend to chase the already pumped markets, instead of using patience in places where it’s needed.
Hix0n 🫡
