Popcorn Today 🍿
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πŸ₯‡ Phantom Wallet, one of the most popular Solana wallets, is β€œcurrently experiencing an uptime incidentβ€œ

Bank holiday, now in crypto
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Aaaaaannnd your money is GNON
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🍿 If you invested in every project listed on Binance in 2024, your current win rate is only 13.5%
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🍿Stay tuned for more fun!
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GM
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Popcorn Today 🍿
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⚠️Paolo Ardoino, in a recent interview, addressed the ongoing FUD around Tether, stated:

1️⃣’’If the U.S. Government Wanted to Kill Us, They Can Press a Button’’

2️⃣Tether isn’t in conflict with the U.S. nor under investigation, calling the WSJ publication irresponsible.

3️⃣The company is actively combating money laundering and illegal transactions.

4️⃣The share of USDT in criminal activities is tiny compared to the dollar’s use.

5️⃣Tether closely collaborates with the FBI, U.S. Justice Department, Secret Service, and other law enforcement agencies.

6️⃣The company respects international sanctions, and USDT reserves are backed by U.S. Treasury bonds.
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πŸ’² BTC in March: $71k
Coinbase app store ranking: 20

πŸ’² BTC now: $71k
Coinbase app store ranking: 482
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🍿 Sui Network Hits Highest Daily Net Inflows Among All Chains
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πŸ’² $4.3 BILLION inflows for Bitcoin ETFs in 12 days.

🍿 $479m yesterday.
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πŸ’² Arkham is reporting that the Bhutanese government is selling Bitcoin - in the last hour, 929 BTC ($66,000,000) has been transferred from wallets to the Binance exchange.

Bhutan's balance sheet holds 12,456 BTC ($887 million).

Et tu, Bhutan?
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😐 It’s not just you with your portfolio
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πŸ₯‡ Current Crypto Twitter Mindshare

Fun fact: while memes make up less than 3% of crypto’s market cap, they get 10-15% of Crypto Twitter’s attention span.
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🍿 JUST IN: Elon Musk says by 2040 there will be at least 10 billion humanoid robots, priced around $20,000–$25,000 each.
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πŸ€‘ Betting Frenzy: $200M on Polymarket’s 2024 Election Odds

With the U.S. election around the corner, Polymarket’s open interest has exploded to $200M, quadrupling since October 1. Trump sits at a 66% chance of winning.
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πŸ‘€ Top performing sectors YTD:

1️⃣ Memes (+219%)

2️⃣ AI (+217%)

3️⃣ BRC-20 (+217%)

4️⃣ RWA (+134%)

5️⃣ DePIN (+73%)

Worst performing sectors YTD:

1️⃣ SocialFi (-57%)

2️⃣ ZK (-36%)

3️⃣ Metaverse (-30%)

4️⃣ Governance Tokens (-25%)

5️⃣ L2s (-16%)
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Your friend, who didn’t buy bitcoin, checking the price now
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Stablecoins 101 β€” Master the BasicsπŸ’Έ

1️⃣ USDT (Tether):

- Market Cap: $120B
- Available on 70+ chains
- Backed by assets like U.S. Treasuries and Reverse Repo Agreements
- Successfully processed $20B redemptions in 72 hours
- Known for liquidity but… let’s say flexible with regulations and has attracted US government action 19 times

2️⃣ USDC (Circle):

- Market Cap: $34B
- Spread across 79 chains
- Strictly regulated, aiming for transparency
- Reserve include short-term US Treasuries
- First stablecoin under the EU’s MiCA regulation 🎩
- Once depegged to $0.88β€”because even β€œstable” coins have bad days.


πŸ“ Each token can be exchanged for $1 in reserves, and when prices fluctuate, savvy traders (aka arbitrageurs) step in to profit, keeping them around $1.

βš–οΈ Big Picture:

⚠️USDC leans hard into compliance and transparency.

⚠️USDT’s focus? Easy access and market liquidity
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