If you missed the past 24 hours in crypto, here's your full recap - no fluff, just facts.
🚨---- Major Headlines ----🚨
→ $BTC is mostly in an accumulation range. Consolidating between $95K-$99K. For momentum to flip bullish, we'd like to see a high time frame (preferably daily) close above $99K.
→ $ETH short positions have climbed 500% since November, marking the highest number of short positions stacked against $ETH ever.
→ Trump tariff war continues as he officially orders 25% tariffs on all steel and aluminium imports.
→ Japan plans to lift its ban on $BTC, approve spot $BTC ETFs, and cut taxes. Huge regulatory shift incoming.
→ For the first time in 2025, $ETH ETPs have officially outpaced $BTC, reaching $793M versus $BTC’s $403M, with an additional $420M added last week alone.
→ 21/50 US states have now proposed a strategic $BTC reserve bill, with 19/50 still active. Utah leads the race after passing both Chamber 1 and Committee 1 phases.
→ Saylor makes another $BTC buy—$742M worth—bringing his holdings to 2.2% of the total $BTC supply.
→ Grayscale files for a new spot $ADA ETF. Another step toward broader altcoin adoption.
→ $ETH gas fees hit a five-year low, averaging just $0.04 per transaction.
→ Moonshot and Phantom flip $ETH in 24H revenue.
📊---- Altcoin Market Updates ---📊
→ OTHERS (market cap excluding the top 10 cryptos) has added $17B (+7%) in the last 24H.
→ Despite a small increase in total market cap, nearly every altcoin sector is green today, with AI leading.
📈 In AI, top price gainers include $YNE (+70%), $COOKIE (+49%), and $VERTAI (+36%).
📈 For AI mindshare, $VVV (+2.08%), $NEAR (+1.27%), and $TAO (+1.17%) are top gainers.
📈 Outside of AI, the ETF narrative is a top mindshare gainer, up +2.9%. With $XRP (+0.36%) and $LTC (+0.33%) as the top mindshare gainers.
📉 Notable price losers today come from the meme sector, with Central Africa Republic’s $CAR meme down -92% and #JAILSTOOL down -64%.
📉 As meme coins take a hit, $SOL (-0.85%) and PumpFun (-0.73%) are also the top mindshare losers today.
→ $BNB Chain sees increased activity, with $4.3M bridged from $SOL in the past 24H—nearly on par with the $4.8M bridged to $ETH.
→ @HyperliquidX vs. @binance perp dominance just hit an all-time high. Hyperliquid now holds 15% dominance vs. Binance’s 85%, nearly a 6x increase in the past 4 months.
→ $SUI hits another DEX volume ATH, reaching $60B in total volume, up +23.27% over the past 30 days.
→ Trump’s WLFI fund makes another purchase, adding $160,000 of $MOVE, bringing total holdings to $442,000.
If you enjoyed this daily roundup, make sure to follow me @milesdeutscher - I'll see you tomorrow.