although crypto likely continues to underperform stocks/commodities in the mid-term,
things getting even sillier in those markets simply paves the way for crypto to follow suit long-term.
it’s a shame so many of you have failed to realize this.
people have used their dissatisfaction with this market cycle to argue some bold takes like ‘Bitcoin is a failed experiment’ or ‘Crypto is a failed industry’
but the truth is, the long-term vision has never been clearer
everything we’ve ever bet on by participating in this industry either has come into fruition already or is underway, in due time.
[this topic serves as a great litmus test]
@MaxxChewning I had a buddy propose on a piece of land that he bought to build his future home on for his family. So idk how his current wife would react if he decided to not build on it and choose a differnt location. I'll ask him on his ig the next time I log on. Good Luck!
What's new?
🔹Crypto majors rebound 2-4%, $BTC at $85K
🔹Gold hits ATH, best quarter in 40 years
🔹@brian_armstrong calls for interest-bearing stablecoins
🔹@punk6529 shares decentralization plans ahead of The Memes SZN11
🔹@KaitoAI partners with @noise_xyz for new trends market
🔹Circle, issuer of $USDC, inches closer to late April IPO
🔹Gas fees for $ETH at lowest level in 4 years
MORE ESPORTS ON MYRIAD! 🔥
After the recent success of our initial CS2 USDC markets, get ready for many, many MOARRRRR!
- PGL Buchrest
- Masters Toronto
- ESL One Raleigh
- MSI International
The Morning Minute (4.2)
⏰Top News:
-Crypto majors chop ahead of Liberation Day; Bitcoin at $84,700
-Circle officially files for IPO, discloses financials
-GameStop raises $1.48B to buy Bitcoin in stock offering
-Kaito debuts new Earn page as next feature in its eco
-Steady Teddys lead all NFT action, jump 10x from mint
🌎 Macro Crypto and Memes
-Crypto majors are slightly green this morning; BTC +1% at $84,700, ETH even at $1,870, XRP -1% at $2.11, SOL -1% at $126
-EOS (+16%), DEE (+10%), and RAY (+7%) led alts
-Bessent has telegraphed that Trump will announce a maximum for tariffs today and then countries can negotiate down from there
-GameStop officially has $1.48B to spend on Bitcoin after completing its sale of convertible senior notes, with $200M more sold than expected
-Metaplanet reached $324M in Bitcoin after its latest purchase
-Circle filed for its IPO, disclosing $155M in net income in 2024
-Kristin Smith is stepping down as CEO of the Blockchain Association next month to take on a new role as president of Solana's Policy Institute
-Lawmakers are saying yield-bearing stablecoins will be prohibited in the current legislation, though that designation is applied to those “permitted payment stablecoins” potentially opening the door for other types
-Ted Cruz introduces bill to use Flared Gas for Bitcoin mining energy
-Eric Trump claimed that traditional banks are outdated, stating: “There is not a single thing that those banks do that can’t be done cheaper, more efficiently, faster on blockchain.”
-BlackRock has received approval in the UK to operate as a crypto asset firm and offer its iShares Bitcoin ETP
In Memes
-Memecoin leaders were mixed on the day; DOGE +1%, Shiba -3%, PEPE -2%, TRUMP +1%, BONK +3% & FARTCOIN +1%
-Titcoin was the biggest runner of the day on Solana, jumping 90% to $38M; Buttcoin jumped 5x to $10M in its wake
💰 Token, Airdrop & Protocol Tracker
-Shape has launched $SHAPE claims for artists who used Manifold to deploy contracts on Ethereum L1
-Kaito debuted its Kaito Earn page, showing yappers exactly which protocols are paying rewards and how to earn / claim them
🤖 AI x Crypto
-Overall market cap fell another 7% to $5.6B, leaders were mixed
-FARTCOIN (+2%), VIRTUAL (-1%), ai16z (+1%), FAI (-4%) and AIXBT (-20%)
-ALCH (+20%) and MemesAI (+20%) were notable top movers
-ACT led mindshare after its surprise 50% drop yesterday; Fartcoin and Wayfinder next up
🚚 What is happening in NFTs?
-ETH NFT leaders are mostly even; Punks even at 42.5 ETH, Pudgy even at 10.1, BAYC even at 15 ETH
-BTC NFT leaders were mixed with Taproot Wizards -7% to 0.15 BTC, Bitcoin Puppets +8%, NodeMonkes -1%, OMB -1%, Quantum Cats +1%
-Steady Teddys were a smash success on Berachain, 10x’ing from mint price to a 130 BERA ($900) floor and leading volume across chains (now 100 BERA)
-CryptoPunks saw several nice sales including 2 Pilots for 85 ETH and 126 ETH, and a Pink Hair for 100 ETH