โค๏ธ L2 networks are booming! Here's how many transactions major L2s processed over the past 30 days (Token Terminal data):
๐ฅ Base โ 213M
๐ฅ opBNB โ 102M
๐ฅ Arbitrum โ 71M
Base is clearly leading the pack, but opBNB and Arbitrum are showing strong momentum too. L2 adoption keeps heating up as users chase lower fees and faster transactions! ๐ฅ
๐ฅ Base โ 213M
๐ฅ opBNB โ 102M
๐ฅ Arbitrum โ 71M
Base is clearly leading the pack, but opBNB and Arbitrum are showing strong momentum too. L2 adoption keeps heating up as users chase lower fees and faster transactions! ๐ฅ
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๐ช๐บ๐ฅ Crypto clash in Europe!
The ECB is ringing alarm bells over Trumpโs aggressive support for U.S. crypto โ especially stablecoins, warning it could trigger financial contagion in Europe.
Theyโre demanding an urgent rewrite of the MiCA regulation, just months after it came into force.
But the European Commission fired back, accusing the ECB of fearmongering and misunderstanding the law. They claim current rules already offer protection and itโs "too early" to panic.
At the core: the fear that dollar-backed stablecoins could flood EU markets, drain capital into the U.S., and challenge EU financial sovereignty.
Welcome to the geopolitical battle of stablecoins โ๏ธ
The ECB is ringing alarm bells over Trumpโs aggressive support for U.S. crypto โ especially stablecoins, warning it could trigger financial contagion in Europe.
Theyโre demanding an urgent rewrite of the MiCA regulation, just months after it came into force.
But the European Commission fired back, accusing the ECB of fearmongering and misunderstanding the law. They claim current rules already offer protection and itโs "too early" to panic.
At the core: the fear that dollar-backed stablecoins could flood EU markets, drain capital into the U.S., and challenge EU financial sovereignty.
Welcome to the geopolitical battle of stablecoins โ๏ธ
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Crypto soothsayer
โ๏ธ Galaxy Digital is rotating from ETH to SOL! Over the past 2 weeks, the firm deposited 65,600 ETH (~$105.5M) to Binance while withdrawing 752,240 SOL (~$98.4M), according to SpotOnChain data. ๐ Looks like Galaxy is betting big on Solana โ possibly seeingโฆ
๐ต Public company Janover (NASDAQ: JNVR) has gone full crypto mode โ they just bought 88,164 SOL for $11.5M as part of a new treasury strategy.
That brings their total holdings to 251,842 SOL (โ$34M with staking rewards). On top of that, they've officially rebranded to DeFi Development Corporation.๐ฐ
Another traditional player making a serious bet on Solana ๐
That brings their total holdings to 251,842 SOL (โ$34M with staking rewards). On top of that, they've officially rebranded to DeFi Development Corporation.๐ฐ
Another traditional player making a serious bet on Solana ๐
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The son of the U.S. Secretary of Commerce, SoftBank, and Bitfinex are aiming to replicate the success of Strategy! ๐
FT reports that Cantor Fitzgerald is preparing a $3B Bitcoin fund with backing from Tether ($1.5B), SoftBank ($900M), and Bitfinex ($600M). ๐ฐ
The new venture, 21 Capital, will function as a public vehicle similar to Strategy (ex-MicroStrategy) โ converting BTC holdings into tradable shares at $10 each, effectively valuing Bitcoin at $85K per coin.
Led by Brandon Latnik, son of the U.S. Commerce Secretary, the fund aims to raise an additional $550M via bonds and private equity.
๐ฅ If successful, this could be one of the biggest institutional Bitcoin bets since Strategy โ and a major bullish signal for the market.
๐ Official announcement expected soon, though FT notes the deal structure may still change.
FT reports that Cantor Fitzgerald is preparing a $3B Bitcoin fund with backing from Tether ($1.5B), SoftBank ($900M), and Bitfinex ($600M). ๐ฐ
The new venture, 21 Capital, will function as a public vehicle similar to Strategy (ex-MicroStrategy) โ converting BTC holdings into tradable shares at $10 each, effectively valuing Bitcoin at $85K per coin.
Led by Brandon Latnik, son of the U.S. Commerce Secretary, the fund aims to raise an additional $550M via bonds and private equity.
๐ฅ If successful, this could be one of the biggest institutional Bitcoin bets since Strategy โ and a major bullish signal for the market.
๐ Official announcement expected soon, though FT notes the deal structure may still change.
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๐ฎ From Panic to Euphoria โ Almost in 24 Hours!
Markets move fast, but this was lightning speed: fear flipped to FOMO almost overnight. Just yesterday, sentiment was dripping with caution โ and today, itโs full-blown crypto euphoria. ๐
Whether itโs price spikes, memecoin mania, or bullish on-chain data, one thingโs clear โ emotions rule the charts. So buckle up, this rollercoaster isn't slowing down. ๐ข๐
Markets move fast, but this was lightning speed: fear flipped to FOMO almost overnight. Just yesterday, sentiment was dripping with caution โ and today, itโs full-blown crypto euphoria. ๐
Whether itโs price spikes, memecoin mania, or bullish on-chain data, one thingโs clear โ emotions rule the charts. So buckle up, this rollercoaster isn't slowing down. ๐ข๐
โค4๐ฅ2๐1
๐ Bitcoin Hits All-Time High Against Nasdaq Tech Index!
Bitcoin has officially outperformed the Nasdaq to a historic degree โ reaching its highest ratio ever against the tech-heavy index.
This milestone highlights BTCโs growing dominance as a macro asset, even against top-performing tech stocks. ๐ช
Bitcoin has officially outperformed the Nasdaq to a historic degree โ reaching its highest ratio ever against the tech-heavy index.
This milestone highlights BTCโs growing dominance as a macro asset, even against top-performing tech stocks. ๐ช
โค3๐2
Crypto soothsayer
๐ฎ From Panic to Euphoria โ Almost in 24 Hours! Markets move fast, but this was lightning speed: fear flipped to FOMO almost overnight. Just yesterday, sentiment was dripping with caution โ and today, itโs full-blown crypto euphoria. ๐ Whether itโs priceโฆ
๐ CryptoQuant Signals First Green Spike in MVRV Chart
For the first time in this cycle, the Market Value to Realized Value (MVRV) ratio has flashed green โ a key sign that the market is heating up fast.
๐ฅ What it means: Price is now rising faster than the average entry price of all holders, creating a speculative premium.
In simple terms: we're entering a zone of potential profit-taking and correction. The marketโs moving fast โ but so can the pullbacks. ๐ง
For the first time in this cycle, the Market Value to Realized Value (MVRV) ratio has flashed green โ a key sign that the market is heating up fast.
๐ฅ What it means: Price is now rising faster than the average entry price of all holders, creating a speculative premium.
In simple terms: we're entering a zone of potential profit-taking and correction. The marketโs moving fast โ but so can the pullbacks. ๐ง
๐8
๐ณ A Solana Whale Turns $27 SOL Into a $290M Fortune Through Staking
One savvy Solana whale just gave the perfect masterclass in long-term staking. Back in 2020, they locked 991,000 SOL on Marinade when the price was just $27.
โณ Four years later, that stash has grown to 1.9M SOL โ now worth around $290 million.
๐ For comparison: if they had just held without staking, the value would be around $150 million.
So, what conclusion can be drawn?? Sometimes, staking > holding.
One savvy Solana whale just gave the perfect masterclass in long-term staking. Back in 2020, they locked 991,000 SOL on Marinade when the price was just $27.
โณ Four years later, that stash has grown to 1.9M SOL โ now worth around $290 million.
๐ For comparison: if they had just held without staking, the value would be around $150 million.
So, what conclusion can be drawn?? Sometimes, staking > holding.
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๐ข Minus $4.5M Before the Pump
Just before $TRUMP soared 50% in under an hour, one unlucky whale sold all 630,339 of their Trump tokens for $5.48M โ moments before the announcement that the top 220 $TRUMP holders would get a chance to meet Donald Trump personally. ๐ฝ๐คต๐ปโโ๏ธ
Meanwhile, another whale jumped in right after the news, grabbing 407K $TRUMP for ~$5M โ and watched the coin moon right after.๐
๐ One sold too soon, one bought just in time. A classic tale of crypto timing โ where patience can be worth millions.
Just before $TRUMP soared 50% in under an hour, one unlucky whale sold all 630,339 of their Trump tokens for $5.48M โ moments before the announcement that the top 220 $TRUMP holders would get a chance to meet Donald Trump personally. ๐ฝ๐คต๐ปโโ๏ธ
Meanwhile, another whale jumped in right after the news, grabbing 407K $TRUMP for ~$5M โ and watched the coin moon right after.๐
๐ One sold too soon, one bought just in time. A classic tale of crypto timing โ where patience can be worth millions.
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๐ฐ The legendary Bitcoin wallet linked to Satoshi Nakamoto has once again crossed the $100B mark in value, according to data from Arkham.
This wallet, untouched since Bitcoinโs early days, remains one of the largest single holdings in crypto history โ a symbol of both mystery and market strength. ๐ฅท
Among the top BTC holders are also giants like Coinbase, Binance, and even BlackRock โ showing just how institutionalized Bitcoin has become. ๐ต
This wallet, untouched since Bitcoinโs early days, remains one of the largest single holdings in crypto history โ a symbol of both mystery and market strength. ๐ฅท
Among the top BTC holders are also giants like Coinbase, Binance, and even BlackRock โ showing just how institutionalized Bitcoin has become. ๐ต
๐6
Crypto soothsayer
The son of the U.S. Secretary of Commerce, SoftBank, and Bitfinex are aiming to replicate the success of Strategy! ๐ FT reports that Cantor Fitzgerald is preparing a $3B Bitcoin fund with backing from Tether ($1.5B), SoftBank ($900M), and Bitfinex ($600M).โฆ
Jack Mallers โ founder of Strike and outspoken Bitcoin maximalist โ is rumored to become the CEO of the upcoming company 21 Capital, a major BTC-focused venture backed by Cantor Fitzgerald, Tether, and SoftBank. ๐ฐ
The project aims to mirror the success of MicroStrategy by converting billions in Bitcoin into publicly traded equity.
With Mallers at the helm, the initiative could gain strong ideological direction and further cement Bitcoin's role in institutional finance. ๐ต
The project aims to mirror the success of MicroStrategy by converting billions in Bitcoin into publicly traded equity.
With Mallers at the helm, the initiative could gain strong ideological direction and further cement Bitcoin's role in institutional finance. ๐ต
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๐ Bitcoin ETF accumulation accelerates ahead of major events
According to CryptoRank, the 5 largest Bitcoin ETFs have shown sharp inflows โ up to 200,000 BTC โ right before two key events:
โช๏ธ The 2024 Bitcoin halving
โช๏ธ The US presidential elections last fall
Outside of such moments, inflows remain steady but moderate.
What could be the next catalysts for another BTC surge?
๐ต A pivot by the Fed toward rate cuts
๐ต Expansion of Bitcoin ETFs into wealthy Asian & EU markets
๐ต A major network upgrade or breakthrough in Bitcoin scalability
Stay tuned โ the next wave may come faster than expected ๐
According to CryptoRank, the 5 largest Bitcoin ETFs have shown sharp inflows โ up to 200,000 BTC โ right before two key events:
โช๏ธ The 2024 Bitcoin halving
โช๏ธ The US presidential elections last fall
Outside of such moments, inflows remain steady but moderate.
What could be the next catalysts for another BTC surge?
๐ต A pivot by the Fed toward rate cuts
๐ต Expansion of Bitcoin ETFs into wealthy Asian & EU markets
๐ต A major network upgrade or breakthrough in Bitcoin scalability
Stay tuned โ the next wave may come faster than expected ๐
๐5
๐ BTC Outflows Hit Yearly High โ Accumulation Phase?
According to CryptoQuant, Bitcoin is being withdrawn from exchanges at the fastest rate since 2023 โ a possible sign of growing investor accumulation ๐ฐ
Historically, such mass outflows often precede price surges, as supply on exchanges tightens and confidence rises.
Is this the calm before another Bitcoin rally? ๐๐
According to CryptoQuant, Bitcoin is being withdrawn from exchanges at the fastest rate since 2023 โ a possible sign of growing investor accumulation ๐ฐ
Historically, such mass outflows often precede price surges, as supply on exchanges tightens and confidence rises.
Is this the calm before another Bitcoin rally? ๐๐
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๐ฌ $9.3 Billion Lost to Crypto Scams in the U.S. in 2024
According to the FBI, Americans lost $9.3B to crypto fraud in 2024 โ a 66% surge from 2023โs $5.6B ๐ฑ
Overall internet crime losses hit a record $16.6B, making 2024 the worst year on record for digital scams.
๐ A harsh reminder: always double-check, never rush, and stay skeptical โ especially in crypto.
According to the FBI, Americans lost $9.3B to crypto fraud in 2024 โ a 66% surge from 2023โs $5.6B ๐ฑ
Overall internet crime losses hit a record $16.6B, making 2024 the worst year on record for digital scams.
๐ A harsh reminder: always double-check, never rush, and stay skeptical โ especially in crypto.
๐6๐พ3๐ฅ1
Crypto soothsayer
๐ข Minus $4.5M Before the Pump Just before $TRUMP soared 50% in under an hour, one unlucky whale sold all 630,339 of their Trump tokens for $5.48M โ moments before the announcement that the top 220 $TRUMP holders would get a chance to meet Donald Trump personally.โฆ
๐ฝ Whale move for a seat at Trumpโs table ๐ผ๐บ๐ธ
Someone just registered a wallet holding $14.6M in $TRUMP tokens for the upcoming dinner with Donald Trump ๐ฅฉ๐
According to Arkham, the cold wallet (from HTX) holds 1.17M $TRUMP, making it the top registered holder so far for the May 22 gala. Looks like someone's really hungryโฆ for crypto clout and steak. ๐๐ฅ
Someone just registered a wallet holding $14.6M in $TRUMP tokens for the upcoming dinner with Donald Trump ๐ฅฉ๐
According to Arkham, the cold wallet (from HTX) holds 1.17M $TRUMP, making it the top registered holder so far for the May 22 gala. Looks like someone's really hungryโฆ for crypto clout and steak. ๐๐ฅ
๐ฅ7
๐ TON Foundation Names MoonPay Co-Founder as CEO
The TON Foundation has appointed Maximilian Crown, ex-COO & CFO of MoonPay, as its new CEO. Crown brings strong ties to banks and regulatorsโkey for scaling adoption.
๐ก Under his leadership, TON aims to onboard 30% of Telegram's 1B users by 2028. In just a year, TONโs user base skyrocketed from 4M to 41M, despite the token dropping 46%.
With deep Telegram integration and Crown at the helm, TON is positioning itself as a serious contender in mainstream blockchain adoption. ๐ฒ๐
The TON Foundation has appointed Maximilian Crown, ex-COO & CFO of MoonPay, as its new CEO. Crown brings strong ties to banks and regulatorsโkey for scaling adoption.
๐ก Under his leadership, TON aims to onboard 30% of Telegram's 1B users by 2028. In just a year, TONโs user base skyrocketed from 4M to 41M, despite the token dropping 46%.
With deep Telegram integration and Crown at the helm, TON is positioning itself as a serious contender in mainstream blockchain adoption. ๐ฒ๐
๐ฅ6
๐ฅท North Korean Hackers Strike Again โ This Time with โFake U.S. Companiesโ ๐บ๐ธ
๐ Cybersecurity firm Silent Push reports that Lazarus Groupโs subgroup Contagious Interview created three fake companies โ including BlockNovas (New Mexico) and SoftGlide (New York) โ to lure crypto devs with fake job interviews and deliver malware.
๐ฏ Target: Developers
๐ฃ Method: Fake job offers + malware
๐ญ Tools: AI-generated employee profiles
๐ฐ Goal: Steal wallet credentials & access real companies
Same trick Lazarus used in the infamous Axie Infinity ($625M) and Harmony ($100M) hacks. Since 2017, theyโve looted over $3B in crypto. ๐
๐ Cybersecurity firm Silent Push reports that Lazarus Groupโs subgroup Contagious Interview created three fake companies โ including BlockNovas (New Mexico) and SoftGlide (New York) โ to lure crypto devs with fake job interviews and deliver malware.
๐ฏ Target: Developers
๐ฃ Method: Fake job offers + malware
๐ญ Tools: AI-generated employee profiles
๐ฐ Goal: Steal wallet credentials & access real companies
Same trick Lazarus used in the infamous Axie Infinity ($625M) and Harmony ($100M) hacks. Since 2017, theyโve looted over $3B in crypto. ๐
๐พ5
๐ค Hopium rising: BTC to $420K if it follows Jesse Livermoreโs legendary trading cycle, claims one trader.
The chart comparison looks a bit too optimisticโฆ but hey, with Trump eyeing the White House again, people are ready to believe even in Livermore-style crypto prophecies ๐
The chart comparison looks a bit too optimisticโฆ but hey, with Trump eyeing the White House again, people are ready to believe even in Livermore-style crypto prophecies ๐
โค7๐1
Crypto soothsayer
โฝ๏ธ Tether buys a stake in Juventus! Tether has officially acquired a minority stake in the legendary football club Juventus. The deal's exact size and value remain undisclosed. ๐ฐ๐ง With $13B in 2024 profits, Tether has been diversifying beyond stablecoinsโฆ
โฝ๏ธ Tether now owns 10% of Juventus! ๐ธ
Tether has officially boosted its stake in legendary football club Juventus to over 10%, solidifying its position as a major shareholder, according to the latest blog update.
This move signals deeper integration between crypto and traditional sports โ and Tether clearly isn't just playing defense. ๐๐ฅ
Tether has officially boosted its stake in legendary football club Juventus to over 10%, solidifying its position as a major shareholder, according to the latest blog update.
This move signals deeper integration between crypto and traditional sports โ and Tether clearly isn't just playing defense. ๐๐ฅ
๐ฅ8
Bitcoin's Key Resistance: $96,000 ๐
Bitcoinโs next big hurdle is at $96,000โthe average entry price for short-term holders (3-6 months). After enduring a rough three months, these holders are now selling off as BTC rebounds, putting a stop to its growth. ๐
CryptoQuant reports that exchanges have absorbed the recent selling pressure, meaning BTC could be ready to break through this key resistance and take off! ๐
๐ Watch for a potential breakout as demand outweighs supply, setting Bitcoin up for the next leg up.
Bitcoinโs next big hurdle is at $96,000โthe average entry price for short-term holders (3-6 months). After enduring a rough three months, these holders are now selling off as BTC rebounds, putting a stop to its growth. ๐
CryptoQuant reports that exchanges have absorbed the recent selling pressure, meaning BTC could be ready to break through this key resistance and take off! ๐
๐ Watch for a potential breakout as demand outweighs supply, setting Bitcoin up for the next leg up.
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