๐ 76% chance the Fed wonโt touch interest rates on May 7 - Polymarket bettors say.
Jerome Powell seems set to keep rates steady โ despite calls to cut from Donald Trump, Arthur Hayes, and other โeconomic DJsโ spinning the same track: lower the rates! ๐ง๐
Looks like the Fed is staying cool under pressure โ no pivot (yet). Let the betting continue. ๐ผ๐ธ
Jerome Powell seems set to keep rates steady โ despite calls to cut from Donald Trump, Arthur Hayes, and other โeconomic DJsโ spinning the same track: lower the rates! ๐ง๐
Looks like the Fed is staying cool under pressure โ no pivot (yet). Let the betting continue. ๐ผ๐ธ
๐8
๐ S&P 500 now wilder than Bitcoin?!
According to Bloomberg, the 10-day historical volatility of the S&P 500 has hit a whopping 76.8%, outpacing Bitcoin's 72.9%. Yes, you read that right โ Wall Street's gone more degen than crypto. ๐คฏ๐
ETF analyst Eric Balchunas called it โcrazy,โ noting normal levels are usually around 10โ15%. The spike in volatility follows new trade tariffs from Trumpโs team โ proving once again that traditional markets can throw a bigger tantrum than BTC on a bad day.
According to Bloomberg, the 10-day historical volatility of the S&P 500 has hit a whopping 76.8%, outpacing Bitcoin's 72.9%. Yes, you read that right โ Wall Street's gone more degen than crypto. ๐คฏ๐
ETF analyst Eric Balchunas called it โcrazy,โ noting normal levels are usually around 10โ15%. The spike in volatility follows new trade tariffs from Trumpโs team โ proving once again that traditional markets can throw a bigger tantrum than BTC on a bad day.
๐ฅ8๐3
๐Since the beginning of March, wallets holding 1,000+ BTC have stacked up over 100,000 BTC โ thatโs a cool $8.3 billion in dip-buying. ๐ธ
While retail watches nervously from the sidelines, the big fish are silently loading their bags. Looks like the โsmart moneyโ doesnโt mind a little market chill โ theyโre turning it into a fire sale. ๐ฅ
๐ Source: CryptoQuant
While retail watches nervously from the sidelines, the big fish are silently loading their bags. Looks like the โsmart moneyโ doesnโt mind a little market chill โ theyโre turning it into a fire sale. ๐ฅ
๐ Source: CryptoQuant
๐9๐ฅ1
๐บ๐ธ Binance wants back in the U.S. โ and might bring Trump tokens with it ๐๐ฐ
According to WSJ, Binance is chatting with the U.S. Treasury about loosening anti-money laundering oversight so it can return to the American market.
But wait โ thereโs more drama: Binance is also flirting with Trumpโs crypto project, World Liberty Financial. If the deal goes through, it could pump out $USD1 stablecoinsโ potentially netting the Trump fam billions.
After the $4.3B fine in 2023, Binance sees a Trump alliance as a golden ticket to regulatory redemption. Apparently, theyโre banking on support from the very top. ๐
According to WSJ, Binance is chatting with the U.S. Treasury about loosening anti-money laundering oversight so it can return to the American market.
But wait โ thereโs more drama: Binance is also flirting with Trumpโs crypto project, World Liberty Financial. If the deal goes through, it could pump out $USD1 stablecoinsโ potentially netting the Trump fam billions.
After the $4.3B fine in 2023, Binance sees a Trump alliance as a golden ticket to regulatory redemption. Apparently, theyโre banking on support from the very top. ๐
๐13๐ค2
๐ Over the past 30 days, Ethereum has processed a record-breaking $1.18 trillion in stablecoin transfers โ the highest in its history!
This figure is nearly double the amount moved via Tron, Ethereum's closest competitor in this space. ๐ต
The surge highlights Ethereumโs dominant role in the stablecoin ecosystem, despite high fees and scalability challenges.
Its network remains the go-to platform for major stablecoin activity, reflecting strong trust and adoption. ๐ช
This figure is nearly double the amount moved via Tron, Ethereum's closest competitor in this space. ๐ต
The surge highlights Ethereumโs dominant role in the stablecoin ecosystem, despite high fees and scalability challenges.
Its network remains the go-to platform for major stablecoin activity, reflecting strong trust and adoption. ๐ช
๐5
๐จ $OM, the token of Layer 1 RWA-focused blockchain MANTRA, plunged 90% in just 90 minutes on Sunday, triggering panic across the crypto community. ๐
The team claims the crash was caused by "reckless liquidations" from a major investor on a centralized exchange โ not a rug pull or insider sell-off. ๐
Still, community trust is shaken as MANTRAโs Telegram group went offline and concerns resurface over token supply control and low TVL (~$13M vs. $9.5B FDV). ๐งจ
Amid accusations, co-founder Mullin insists the team is investigating and remains committed to recovery.
The team claims the crash was caused by "reckless liquidations" from a major investor on a centralized exchange โ not a rug pull or insider sell-off. ๐
Still, community trust is shaken as MANTRAโs Telegram group went offline and concerns resurface over token supply control and low TVL (~$13M vs. $9.5B FDV). ๐งจ
Amid accusations, co-founder Mullin insists the team is investigating and remains committed to recovery.
๐8๐พ3
๐ Ethereum Foundation has unveiled a simplified roadmap focused on three core goals:
1๏ธโฃ Scaling blobs
2๏ธโฃ Scaling Layer 1
3๏ธโฃ Improving UX (better L2 interoperability + easier dApp interaction)
These priorities aim to boost Ethereum's performance, scalability, and usability โ with other advances like RWA, stablecoin dominance, and security expected to follow naturally. ๐
Long-term vision? A future-proof, AI-friendly, privacy-first, open-source ecosystem that attracts the brightest minds. ๐ง ๐ก
1๏ธโฃ Scaling blobs
2๏ธโฃ Scaling Layer 1
3๏ธโฃ Improving UX (better L2 interoperability + easier dApp interaction)
These priorities aim to boost Ethereum's performance, scalability, and usability โ with other advances like RWA, stablecoin dominance, and security expected to follow naturally. ๐
Long-term vision? A future-proof, AI-friendly, privacy-first, open-source ecosystem that attracts the brightest minds. ๐ง ๐ก
๐6๐3โค1
โ๏ธ A 45-year-old Pennsylvania man made $12.3M reselling 97 CryptoPunks โ but didnโt report a cent on his taxes, claiming he had no ties to crypto. ๐
Now the IRS is after him for $3.2M in unpaid taxes, and heโs facing up to 6 years in prison. ๐ธ๐งพ
Crypto profits might be digital, but tax evasion is very real. ๐คท
Now the IRS is after him for $3.2M in unpaid taxes, and heโs facing up to 6 years in prison. ๐ธ๐งพ
Crypto profits might be digital, but tax evasion is very real. ๐คท
๐8๐พ3โค2
๐ฐ MicroStrategy has added 3,459 BTC to its holdings at an average price of $82,618 per coin.
The company now holds a staggering 531,644 BTC โ about 2.52% of Bitcoinโs total supply. Since 2020, it has spent $35.92B on BTC at an average price of $67,556. ๐
MicroStrategy continues to double down on its Bitcoin strategy, cementing its position as the largest corporate BTC holder.
The company now holds a staggering 531,644 BTC โ about 2.52% of Bitcoinโs total supply. Since 2020, it has spent $35.92B on BTC at an average price of $67,556. ๐
MicroStrategy continues to double down on its Bitcoin strategy, cementing its position as the largest corporate BTC holder.
โค5๐ฅ4
๐ Bloomberg analyst Eric Balchunas reports that the worldโs first spot SOL ETFs will launch in Canada on April 16!
๐จ๐ฆ The Ontario Securities Commission (OSC) has approved funds from Purpose, Evolve, CI, and 3iQ.
๐ The ETFs will also include SOL staking, managed via TD Bank Group.
A major step for Solana's institutional adoption ๐ฅ
๐จ๐ฆ The Ontario Securities Commission (OSC) has approved funds from Purpose, Evolve, CI, and 3iQ.
๐ The ETFs will also include SOL staking, managed via TD Bank Group.
A major step for Solana's institutional adoption ๐ฅ
๐ฅ8
๐จ KiloEx $7M Hack Alert!
๐ฅทHackers exploited DEX KiloEx across BNB, Base, and Taiko chains, draining around $7,000,000.
๐ The attacker, funded via Tornado Cash, used a series of exploitative transactions.
๐ Likely cause: a price oracle access control vulnerability.
Another reminder of how critical secure oracle implementation is in DeFi ๐๐ฅ
๐ฅทHackers exploited DEX KiloEx across BNB, Base, and Taiko chains, draining around $7,000,000.
๐ The attacker, funded via Tornado Cash, used a series of exploitative transactions.
๐ Likely cause: a price oracle access control vulnerability.
Another reminder of how critical secure oracle implementation is in DeFi ๐๐ฅ
๐พ3
Crypto soothsayer
๐ฐ MicroStrategy has added 3,459 BTC to its holdings at an average price of $82,618 per coin. The company now holds a staggering 531,644 BTC โ about 2.52% of Bitcoinโs total supply. Since 2020, it has spent $35.92B on BTC at an average price of $67,556. ๐โฆ
๐ณ Whatโs up with Michael Saylorโs leverage?
Despite the buzz online, data shows that MicroStrategyโs current leverage is actually below its historical average.
๐ The leverage indicator โ calculated as the ratio of loans and raised funds to the market value of held BTC โ suggests the company is in a relatively safe position for now.
No signs of critical risk on the horizon ๐
Despite the buzz online, data shows that MicroStrategyโs current leverage is actually below its historical average.
๐ The leverage indicator โ calculated as the ratio of loans and raised funds to the market value of held BTC โ suggests the company is in a relatively safe position for now.
No signs of critical risk on the horizon ๐
๐6โค2
โ๏ธ Binance temporarily paused withdrawals due to a network outage at an Amazon Web Services (AWS) data center.
Some services continued working, but others faced errors. Users were advised to retry failed actions.
๐ง Binance later confirmed it's working with AWS to fix the issue and paused withdrawals as a precaution.
โ Update: Withdrawals have been restored, though some services may still experience delays.
๐ KuCoin also reported disruptions caused by the AWS outage, but assured users that all assets remain safe.
Some services continued working, but others faced errors. Users were advised to retry failed actions.
๐ง Binance later confirmed it's working with AWS to fix the issue and paused withdrawals as a precaution.
โ Update: Withdrawals have been restored, though some services may still experience delays.
๐ KuCoin also reported disruptions caused by the AWS outage, but assured users that all assets remain safe.
๐6๐2
๐ Hashrate divergence in Bitcoin vs. its forks over 7 years:
โช๏ธ Bitcoin (BTC): +26,613% ๐
โช๏ธ Bitcoin Cash (BCH): โ28% ๐
โช๏ธ Bitcoin SV (BSV): โ89% ๐ป
This massive gap highlights BTCโs unmatched network strength and continued dominance, while its forks have steadily declined in security and miner support โ๏ธ
โช๏ธ Bitcoin (BTC): +26,613% ๐
โช๏ธ Bitcoin Cash (BCH): โ28% ๐
โช๏ธ Bitcoin SV (BSV): โ89% ๐ป
This massive gap highlights BTCโs unmatched network strength and continued dominance, while its forks have steadily declined in security and miner support โ๏ธ
๐5
๐ Ethereum is losing market share faster than other altcoins, while Bitcoin continues to strengthen its dominance. ๐ง
Despite ongoing developments in the ETH ecosystem, capital is flowing increasingly toward BTC โ reinforcing its role as the primary digital asset in the current market cycle โก๏ธ๐
Despite ongoing developments in the ETH ecosystem, capital is flowing increasingly toward BTC โ reinforcing its role as the primary digital asset in the current market cycle โก๏ธ๐
๐ฅ7
๐ Bitcoin ETFs Struggling with Inflows Since March ๐ซ
Bitcoin ETFs have seen no new inflows since late March, causing analysts at Ecoinometrics to question the narrative of Bitcoin "decoupling from stock indices."
This stagnation raises concerns about the strength of current support levels for Bitcoin. The lack of new investments might signal a weakening market sentiment or could indicate that institutional interest is cooling off, contrary to expectations of sustained growth.
The ongoing silence from Bitcoin ETFs is making many rethink the bullish outlook for the asset. ๐จ Is the crypto market losing momentum, or just taking a breather? Only time will tell! โณ
Bitcoin ETFs have seen no new inflows since late March, causing analysts at Ecoinometrics to question the narrative of Bitcoin "decoupling from stock indices."
This stagnation raises concerns about the strength of current support levels for Bitcoin. The lack of new investments might signal a weakening market sentiment or could indicate that institutional interest is cooling off, contrary to expectations of sustained growth.
The ongoing silence from Bitcoin ETFs is making many rethink the bullish outlook for the asset. ๐จ Is the crypto market losing momentum, or just taking a breather? Only time will tell! โณ
โค5๐3
๐บ๐ธ๐ฎ Donald Trump is working on a Monopoly-style crypto video game focused on real estate, developed by longtime associate Bill Zanker.
Players will build digital cities and earn in-game cashโpossibly powered by blockchain tech. ๐๐ธ
This adds to Trumpโs growing crypto portfolio: memecoin, NFTs, a DeFi venture, Bitcoin mining, and more. ๐
Critics raise conflict-of-interest concerns, especially as Trump pushes pro-crypto policies. Still, Team Trump insists: "We believe in this." ๐ฅด
Players will build digital cities and earn in-game cashโpossibly powered by blockchain tech. ๐๐ธ
This adds to Trumpโs growing crypto portfolio: memecoin, NFTs, a DeFi venture, Bitcoin mining, and more. ๐
Critics raise conflict-of-interest concerns, especially as Trump pushes pro-crypto policies. Still, Team Trump insists: "We believe in this." ๐ฅด
๐ญ7๐4
๐ Is ETH the New Nokia? ๐
A chart making the rounds compares Ethereum's trajectory to Nokia's fall from tech glory: โOutdated tech, fading trends, bored investors.โ
While it smells like classic FUD, the analogy is raising eyebrows โ and questions. If Ethereum isnโt the future, then what is?
โณ For now, ETH still leads the pack. But the market's message is clear: evolve or risk irrelevance.
A chart making the rounds compares Ethereum's trajectory to Nokia's fall from tech glory: โOutdated tech, fading trends, bored investors.โ
While it smells like classic FUD, the analogy is raising eyebrows โ and questions. If Ethereum isnโt the future, then what is?
โณ For now, ETH still leads the pack. But the market's message is clear: evolve or risk irrelevance.
๐10
๐จ ZKSync Hit by Exploit โ $5M in $ZK Minted
Three days ago, someone minted 110M $ZK (~$5M) via a Gnosis Safe contract ๐ธ
Since yesterday, those tokens started hitting the order books ๐
Turns out โ a ZKSync team memberโs wallet was hacked. ๐ฅท The attacker used it to mint unclaimed airdrop tokens from the airdrop contract.
Looks like ZKSync might be following in Mantraโs footstepsโฆ ๐ซก
Three days ago, someone minted 110M $ZK (~$5M) via a Gnosis Safe contract ๐ธ
Since yesterday, those tokens started hitting the order books ๐
Turns out โ a ZKSync team memberโs wallet was hacked. ๐ฅท The attacker used it to mint unclaimed airdrop tokens from the airdrop contract.
Looks like ZKSync might be following in Mantraโs footstepsโฆ ๐ซก
๐5โค1๐พ1