YEET.com has been doing some cool stuff lately in the crypto casino space, so we’re giving it a shout-out for anyone who’s been meaning to check it out.
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:
Ethereum goes rekt city, at least 8 senior people have left the Ethereum Foundation in 2026, and even Bankless guys are selling ETH now. What the hell is going on? GM.
I mean, the chart reflects it… Plus, those guys unstaked $49M worth of ETH. Now, don't get bamboozled by the fuddy headlines; the staking chart is still doing more than well. How well? Oh, compare $49 billion in unstaked ETH to $7.7 billion waiting to be staked. There you go.
Perhaps the Ethereum Foundation leaders weren’t doing a good job, and now we get chads ready to finally pump this piece of shit chart. I curse, but in reality, I'm still very bullish on ETH. But that’s just me, you tell me.
I wish South Korea were aping crypto just as they do stocks: the KOSPI index exploded more than 8%, making it one of the biggest rallies in the index’s history.
Unfortunately, BTC is sluggish and looking very similar to yesterday, despite the tiny bounce it’s trying to put in now. Things are very simple now: either we squeeze and hold above $80K and feel the bullish tingle again, or we aim for at least $74K, or even $70K if BTC continues its snail-like motion.
Now, this one I consider a pretty big red flag, per Kobeissi: “The 10 largest US stocks now account for a record 41% of the S&P 500's market cap. This is 14 percentage points higher than at the 2000 Dot-Com Bubble peak.”
Make of that what you will, but I would guess that after this massive rally, we will have to go through a final reset before a real, not overly concentrated, and also crypto-focused rally begins.
That said, I'm not bearish. I'm simply waiting for the right time, that will surely come. Hell, even now you can make banger trades with, for example, HYPE and PURR (humble brag, both were mentioned before breaking upwards in our on our radar section in previous newsletters).
Another candidate for this mid-term rally is ZEC. This thing looks amazing, to be honest. Tradeable on Hyperliquid by the way.
There we go, frens, things are sluggish in crypto except for a few outliers, and I think this trend will continue, especially through summer. Maybe I'm wrong and we just rekt the bears all of a sudden, who knows. I'm just going from what I see for now.
Lastly, I do agree with Syko here, recommended read. The main point is that we are already past the worst of the bear market. We might see some blow-ups that take everything lower for a few days or weeks, but the point remains that this is where we create our bear-market bottom. I don’t believe the predictions that say we’re going to $40K and such. Let’s see, best of luck to all.
👇 And if you haven’t yet, hit subscribe below 👇
ETH MILAN. May 21-22.
Coming up! Italy’s leading Ethereum conference, hosted at Leonardo da Vinci’s Museum of Science and Technology. Pretty wild setting for a crypto event, isn’t it?
Join 2000+ attendees and 100+ speakers
Here’s a full summary of speakers for those of you interested
The important bits.
Pyth Network powers Polymarket's top market by volume (oil), read here
CBRS on Avantis is now powered by Pyth, see here
The Pyth Terminal is live - new interface to explore live price feeds, watch here
ProjectX airdrop is coming up tomorrow, watch the trailer here
Nado: The perp DEX endgame is one margin account. Here's where everyone actually stands, read here
Alchemix is rolling out V3.0 with Morpho, read here
CoW Swap now enables swapping directly to Solana, read here
Phygitals offers porting the Fantasy.top inventory to phygitals, read here
Sui launched gasless stablecoin transfers on mainnet, read here
Variational raised $50M led by DragonFly, read here
Even more important bits.
Grayscale is buying HYPE, onchain print here
DeFiLlamma's yield dashboard now tracks nearly 14K DeFi pools, including 51 for commodities and 443 for stablecoins, watch here
Morgan Stanley filed an amended Solana ETF application with MSOL as the ticker, read here
Deel is rolling out stablecoin payouts for employee salaries on Tempo, read here
Elon Musk's SpaceX officially files for IPO under ticker SPCX, read here
Trump orders the US government to update regulations to integrate crypto into traditional finance and payment systems, read here
Solana price is down, but the onchain activity is going up and up, more info here
South Korean funeral company loses $33M on a leveraged Ethereum ETF trade, read here
Charts and stats of the day.
HYPE spot ETF inflows hit $59 million in 7 days since launch, stats here
Tokenized assets have never been more popular, check the chart here
Someone made a single $635,266 purchase through the EtherFi card, check the cashback
Liquid Labs is #3 by spot volume on Hyperliquid, chart here
Since MiCA came into force in December 2024, euro stables reclaimed their ATH, read here
Hyperliquid has quietly become crypto’s dominant fee engine, capturing 43% of all chain fees, chart here
World Liberty Financial hit its highest-ever realized profit, chart here
Stablecoin supply just hit a new all-time high of over $323B, chart here
Lastly, our daily Telegram bulletin is back! Join in right here and stay on top of everything, every day.
What happens once agentic commerce starts showing up everywhere? Watch this one, pure cinema:
Venice explained by blocmates. Is it better than ChatGPT? Well, find out:
Not a chart, but a good reminder to read our newsletter. Just check out our last Monday’s release. Nuff said :)
The AI news & updates.
Capcut announces partnership with Gemini, read here
SpaceXAI locked Anthropic into paying them $1.25 billion per MONTH for compute, read here
Coinbase CEO Brian Armstrong says AI has rebuilt the company's compliance workflow, read here
Nous Research introduces Skill Bundles, watch here
Hermes Agent now has access to hundreds of browser skills through BrowserBase, see here
An injection that can double a cat’s lifespan to 30 years has been developed, read here
Virtuals invites you to join one of the largest funding networks for AI agents, more info here
AI Charts and stats of the day.
Idle protocol reached 18,161 operators connected, full stats here
NVDA stock falls after beating earnings, chart here
The AI tutorials of the day.
Make your own custom stablecoins with Coinbase, here’s how
How to build a storytelling website with Claude, learn here
ANYONE with a laptop can now access spy-grade surveillance tools for free, check it here
AI Articles/Videos of the day.
How I Made an AI Channel That Generated $12,000 in One Month, read here
Andrej Karpathy spent 4 minutes in an interview explaining a single idea, watch here
There’s literally not enough money to support Anthropic, OpenAI, and SpaceX IPOs. What will happen after they’re all out in the wild?
Nova Markets (DeFi, Hyperliquid)
Aviya (Institutional Credit on Hyperliquid)
NEAR AI (automatic PII anonymization)
RoboStrategy (Public Market Access to Private Robotics Companies)
ElevenLabs (Introduces Speech Engine)
Pond Market (Back startup with stablecoins for equity)
Crazy innit, watch out there!
Patience and a calm attitude, waiting for the right moment, and being able to stomach some downside if needed. Those are the keys.
For me, I have my sights on PURR. I believe this thing will do multiples, along with HYPE becoming an absolute monster. Not financial advice.
If this was useful, forward it to one person sitting on the sidelines right now. That's how this thing grows. MUCH appreciated.
Hix0n 🫡
