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OVERVIEW

Adding Zeros To BTC, Is There A Pattern? 🤔 

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

New In Three Sentences
Crypto News 📰

🌀 Coin Center: Tornado Cash Is Code, Not Property. Got It?

Coin Center’s lawyers are back, appealing the Northern Florida district court’s ruling that essentially treats Tornado Cash as property subject to OFAC sanctions. They argue that the software isn’t property because no one owns or controls it—it’s just lines of code. Meanwhile, the government is still insisting that Tornado Cash’s token price and withdrawal fees prove it provides financial benefits to its creators. Cointelegraph.

👨‍⚖️ Gary Wang: From FTX Co-Founder to "Good Samaritan"

Gary Wang, FTX’s co-founder, dodged prison time after spilling the beans on Sam Bankman-Fried’s epic fraud. Wang, who helped prosecutors with damning testimony and built fraud-detection tools, was sentenced to time served and three years of supervised release. Judge Kaplan praised his cooperation, calling it one of the biggest fraud assists in U.S. history, while Wang apologized for his role, saying, “There are so many things I could have done.” Decrypt.

🪙 Meme Coins on Pump.fun: Where Dreams Go to Die

Over 60% of traders on Pump.fun lose money, but hey, at least the platform itself is making bank. Viral FOMO stories—like a 13-year-old cashing out $30K—keep speculative investments flowing into pump-and-dump coins, leaving most traders holding the bag. Pump.fun is now gearing up to drop a native token and pro-trading terminal because, apparently, the house always wins. BeInCrypto.

🏀 Shaq’s $11M NFT Foul: Astrals Settlement Ends Legal Dribble

Shaq just settled for $11 million over allegations he pushed unregistered securities via the Astrals NFT project. The Solana-based venture, heavily promoted by the basketball legend, tanked, leaving investors empty-handed. This wraps up a year-long lawsuit, but Shaq’s not off the hook yet—his FTX promotion lawsuit is still lurking in the wings. DailyCoin.

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