The Fed And Crypto Are More Connected Than You Think 🧠

Also: Happy Data Privacy Day!

Presented by

OVERVIEW

The Fed And Crypto Are More Connected Than You Think 🧠 

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

Source: Santiment

And here’s a look at crypto’s total market cap chart:

Source: TradingView

NEWS IN THREE SENTENCES
Crypto News 📰

🛑 Aerodrome Flags Suspicious Trading

Aerodrome says the launch of $VVV triggered an internal alert on some suspicious trading, leading to swift action within hours. Two contributors got suspended, and the investigation is still ongoing. They’re making it crystal clear that ethical standards come first—or heads roll. Aerodrome blog.

🏎️ Injective EVM: A Racecar Among Go-Karts

They claim it outperforms top EVM chains by miles, smashing up to 800 TPS on normal load and 20k with fancy bundling. They also jammed in an AI-ready environment, so your DeFi bots can get real-time stonks predictions onchain. Basically, it’s an EVM fever dream—if they deliver on half the hype, your old chain might suddenly feel like dial-up. Injective Protocol blog.

🚨 South Dakota & Kentucky Join The “Bitcoin Reserve” Party

Lawmakers in both states want their piece of the BTC pie with new legislation aimed at starting a strategic Bitcoin reserve. It’s part of a wave of states trying to jump ahead of federal plans, which only recently popped up after Trump signed an executive order on Jan. 23. If these bills pass, that makes 14 states with official Bitcoin legislative efforts—government HODLing might actually become a thing. CryptoSlate.

📉 Bitcoin Ordinals Crash: Lowest Levels Since Pre-Explosion

Remember when everyone was shouting “Bitcoin NFTs” from the rooftops? Now top Ordinals projects like Bitcoin Puppets and NodeMonkes are nose-diving in both price and volume. Only bright spot is Quantum Cats at .25 BTC, but that’s still half of what it was months ago. TheDefiant.

⚖️ Senator Lummis: SEC, Stop “Legislating By Enforcement”

Senator Cynthia Lummis filed an amicus brief in a major SEC case, saying the agency’s approach to digital assets is all wrong. She thinks Congress (read: her and her colleagues) should be the ones creating rules for crypto, not the SEC shoehorning tokens into 1930s securities laws. Her message: enough of the “enforcement first, clarity maybe later” routine. Sen. Lummis.

SPONSORED
Trade Meme Coins in Seconds!

  • Spot.dog is the Robinhood of Crypto!

  • Sign up in Seconds (Seriously, It’s That Easy)

  • Don’t Miss Out— Promo Won’t Last Forever!

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

Subscribe to keep reading

This content is free, but you must be subscribed to The Litepaper to continue reading.

I consent to receive newsletters via email. Sign Up Terms of Service.

Already a subscriber?Sign In.Not now