The Musk vs. Trump clash continues to affect the crypto market π
Amid their feud, crypto market cap dropped by ~3%, and the Fear & Greed Index slid to 45, entering the Fear zone π
Bitcoin briefly dipped near $100K, and has since recovered to $103K, but so far the bounce looks more like a pullback, not a full trend reversal.
Market remains fragile β watch sentiment closely π
Amid their feud, crypto market cap dropped by ~3%, and the Fear & Greed Index slid to 45, entering the Fear zone π
Bitcoin briefly dipped near $100K, and has since recovered to $103K, but so far the bounce looks more like a pullback, not a full trend reversal.
Market remains fragile β watch sentiment closely π
π6
π Circle ($CRCL), issuer of the USDC stablecoin, officially debuted on the NYSE yesterday evening!
The IPO was priced at $31, but the stock opened at $69 and briefly surged to $104, before settling near $81 β more than 160% up from IPO price at peak π―
Circle is behind USDC, the worldβs second-largest stablecoin with $61B in circulation, holding about 30% of the market. π°
For comparison:
β’ USDT (Tether) β $153B
β’ USDe (Ethena) β $5.83B
β’ DAI β $5.36B
A strong Wall Street debut for a key player in crypto π₯
The IPO was priced at $31, but the stock opened at $69 and briefly surged to $104, before settling near $81 β more than 160% up from IPO price at peak π―
Circle is behind USDC, the worldβs second-largest stablecoin with $61B in circulation, holding about 30% of the market. π°
For comparison:
β’ USDT (Tether) β $153B
β’ USDe (Ethena) β $5.83B
β’ DAI β $5.36B
A strong Wall Street debut for a key player in crypto π₯
β€5π3
π Arthur Hayes: The ICO mania of 2017 is evolving into an IPO frenzy for 2025β2027.
Referencing Circleβs recent IPO, Hayes warns this is just the beginning. He predicts a massive, overhyped crypto IPO β similar to EOS in 2017 β will suck in billions of fiatβ¦ and crash spectacularly on day one. π€
π Reminder: EOS raised $4.2B in its ICO, only to face centralization issues and tech failures that crushed its token price by over 80% by 2019.
Now rebranded as Vaulta, the project aims to bury its troubled past by shifting toward Web3 banking and merging DeFi with TradFi. π
Hayesβ message: Donβt let IPO hype blind you β history might be repeating itself.
Referencing Circleβs recent IPO, Hayes warns this is just the beginning. He predicts a massive, overhyped crypto IPO β similar to EOS in 2017 β will suck in billions of fiatβ¦ and crash spectacularly on day one. π€
π Reminder: EOS raised $4.2B in its ICO, only to face centralization issues and tech failures that crushed its token price by over 80% by 2019.
Now rebranded as Vaulta, the project aims to bury its troubled past by shifting toward Web3 banking and merging DeFi with TradFi. π
Hayesβ message: Donβt let IPO hype blind you β history might be repeating itself.
π3π2β€1
π° Strategy has quadrupled its offering of perpetual preferred STRD shares β from $250M to a whopping $1 billion, priced at $85 per share
This major upsizing signals strong investor interest and gives Michael Saylorβs firm a huge capital boost. π
As for where the moneyβs going? Thatβs not a mystery. Spoiler:it starts with a "B" and ends with "itcoin." π§
This major upsizing signals strong investor interest and gives Michael Saylorβs firm a huge capital boost. π
As for where the moneyβs going? Thatβs not a mystery. Spoiler:
π4β€1
π Trump to Pump? π
Trump Media is reportedly planning to raise a whopping $12B β and rumor has it, part of the funds could be used to buy Bitcoin. π€
Following yesterdayβs drama, BTC has already bounced back above $104K β and if this Trump-fueled liquidity wave hits, we might be in for another wild ride. π
Trump Media is reportedly planning to raise a whopping $12B β and rumor has it, part of the funds could be used to buy Bitcoin. π€
Following yesterdayβs drama, BTC has already bounced back above $104K β and if this Trump-fueled liquidity wave hits, we might be in for another wild ride. π
π5
Crypto soothsayer
π° Strategy has quadrupled its offering of perpetual preferred STRD shares β from $250M to a whopping $1 billion, priced at $85 per share This major upsizing signals strong investor interest and gives Michael Saylorβs firm a huge capital boost. π As for whereβ¦
π―π΅ Metaplanet plans to raise $5.3B through a record-breaking issuance of 555M shares via warrants to buy Bitcoin
π 96% of the funds will go toward BTC, with the goal of accumulating 210,000 BTC (~1% of total supply) by 2027.
The move is a hedge against Japanβs negative interest rates and yen devaluation. This is Japanβs largest-ever warrant issuance β and the first with floating strike prices. π₯
Metaplanet already holds 8,888 BTC (~$920M), with an average entry price of ~$108K. Its stock ($3350 TSE) has surged 5,000% over the past year β a wild comeback after a decade-long slump.π
π 96% of the funds will go toward BTC, with the goal of accumulating 210,000 BTC (~1% of total supply) by 2027.
The move is a hedge against Japanβs negative interest rates and yen devaluation. This is Japanβs largest-ever warrant issuance β and the first with floating strike prices. π₯
Metaplanet already holds 8,888 BTC (~$920M), with an average entry price of ~$108K. Its stock ($3350 TSE) has surged 5,000% over the past year β a wild comeback after a decade-long slump.π
π6
π Bitcoin kicks off the week above $105K
Meanwhile, spot Ethereum ETFs are on fire β seeing 15 straight days of inflows totaling $837M. π°
In contrast, Bitcoin ETFs saw a weekly outflow of $128.81M as investors remain uncertain. The spotlight seems to be shifting towards ETH β is a new trend forming? π
Meanwhile, spot Ethereum ETFs are on fire β seeing 15 straight days of inflows totaling $837M. π°
In contrast, Bitcoin ETFs saw a weekly outflow of $128.81M as investors remain uncertain. The spotlight seems to be shifting towards ETH β is a new trend forming? π
π₯5β€1
π° Paolo Ardoino boasts: If Tether went public today, it would be worth around $515B, according to Artemis analysts. π§
That would make it the 19th most valuable company in the world β ahead of giants like Oracle, Costco, and Coca-Cola. πͺ Stablecoins are no joke anymore.
That would make it the 19th most valuable company in the world β ahead of giants like Oracle, Costco, and Coca-Cola. πͺ Stablecoins are no joke anymore.
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π CryptoQuant: The market has entered a wait-and-see mode β spot trading volume on exchanges has dropped to its lowest level since October 2020.
Coins arenβt moving or being sold on-chain, which eases sell pressure β but demand is weak too. π€·
Now, everything hinges on futures market activity. π
Coins arenβt moving or being sold on-chain, which eases sell pressure β but demand is weak too. π€·
Now, everything hinges on futures market activity. π
π5
Crypto soothsayer
π° Paolo Ardoino boasts: If Tether went public today, it would be worth around $515B, according to Artemis analysts. π§ That would make it the 19th most valuable company in the world β ahead of giants like Oracle, Costco, and Coca-Cola. πͺ Stablecoins are noβ¦
Paolo Ardoino shared a snapshot from Bolivian supermarkets where prices are listed in USDT β not fiat π
A powerful sign of stablecoins going mainstream and fiat losing ground in real-world use cases. π€
The rise of digital dollars is no longer theoretical β itβs on the shelves.
A powerful sign of stablecoins going mainstream and fiat losing ground in real-world use cases. π€
The rise of digital dollars is no longer theoretical β itβs on the shelves.
β€5π4π2
Crypto soothsayer
πΈ MicroStrategy has added another 1,045 BTC to its stash, spending $110.2M at an average price of $105,426 per coin This brings their total holdings to 582,000 BTC β with an average buy price of a βcomfortableβ $70,086. Still stacking, no matter the market.β¦
π The Michael Saylor effect is spreading fast β a wave of companies is diving into Bitcoin:
π¨π¦ Belgravia Hartford bought 4.86 BTC for $500K at $102,848/BTC.
πΊπΈ BitMine Immersion (BMNR) just acquired 100 BTC after its IPO.
π¬π§ Anemoi International plans to reinvest up to 30% of cash reserves into BTC.
πΈπͺ H100 Group raised SEK 28.4M to accelerate its Bitcoin strategy β backed by crypto legend Adam Back.
π§π² Meanwhile Insurance revealed a BTC treasury of 220.4 BTC (~$23M).
π―π΅ ANAP is going all-in, aiming to hold 1,000 BTC by August 2025 β already secured 584.9 BTC in funding.
Bitcoin is becoming corporate treasury gold 2.0. π
π¨π¦ Belgravia Hartford bought 4.86 BTC for $500K at $102,848/BTC.
πΊπΈ BitMine Immersion (BMNR) just acquired 100 BTC after its IPO.
π¬π§ Anemoi International plans to reinvest up to 30% of cash reserves into BTC.
πΈπͺ H100 Group raised SEK 28.4M to accelerate its Bitcoin strategy β backed by crypto legend Adam Back.
π§π² Meanwhile Insurance revealed a BTC treasury of 220.4 BTC (~$23M).
π―π΅ ANAP is going all-in, aiming to hold 1,000 BTC by August 2025 β already secured 584.9 BTC in funding.
Bitcoin is becoming corporate treasury gold 2.0. π
β€6π₯4
π€― Binance leadership assisted U.S. authorities in a major international operation, helping arrest 270 people across 4 continents involved in darknet drug trafficking (Incognito Market).
Seized:
π° $200M
π 2+ tons of drugs
β οΈ 144 kg of fentanyl
π« 180+ firearms
Binance's FIU head, Nils Andersen-RΓΆed, emphasized: "Even with advanced privacy tools, every crypto transaction leaves a digital trail... Cross-border cooperation is no longer optional β itβs essential." π
Seized:
π° $200M
π 2+ tons of drugs
β οΈ 144 kg of fentanyl
π« 180+ firearms
Binance's FIU head, Nils Andersen-RΓΆed, emphasized: "Even with advanced privacy tools, every crypto transaction leaves a digital trail... Cross-border cooperation is no longer optional β itβs essential." π
π4πΎ4π±1
π Tether to open-source its mining operating system (MOS) in Q4 2025!
CEO Paolo Ardoino announced that MOS β built for managing everything from Raspberry Pi rigs to industrial-scale farms β will soon be available to the public.
The goal: reduce reliance on third-party software and lower entry barriers for small miners, creating a fairer playing field with big firms.
π Features include:
β’ Plugin support for various miners, containers, and power systems
β’ Dev-friendly modular architecture
β’ Integration with Tetherβs AI-powered QVAC analytics tool
Tether hopes MOS will empower small & mid-sized miners, especially those using surplus energy like solar.
CEO Paolo Ardoino announced that MOS β built for managing everything from Raspberry Pi rigs to industrial-scale farms β will soon be available to the public.
The goal: reduce reliance on third-party software and lower entry barriers for small miners, creating a fairer playing field with big firms.
π Features include:
β’ Plugin support for various miners, containers, and power systems
β’ Dev-friendly modular architecture
β’ Integration with Tetherβs AI-powered QVAC analytics tool
Tether hopes MOS will empower small & mid-sized miners, especially those using surplus energy like solar.
π8
π Pavel Durov says TON is now the global leader in daily NFT trading volume β if off-chain transactions are included
When counting only on-chain trades, TON ranks just behind Ethereum. The data comes from a Dune dashboard by TON Foundation.
Durov also noted a sharp rise in prices for Telegram's collectible NFT gifts like Plush Pepe, Durov's Cap, and Precious Peach β some have multiplied in value over the past month.
TON is quietly becoming an NFT powerhouse. π
When counting only on-chain trades, TON ranks just behind Ethereum. The data comes from a Dune dashboard by TON Foundation.
Durov also noted a sharp rise in prices for Telegram's collectible NFT gifts like Plush Pepe, Durov's Cap, and Precious Peach β some have multiplied in value over the past month.
TON is quietly becoming an NFT powerhouse. π
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