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OVERVIEW

The Spot Market Sees Your Leverage And Raises You A Punch To The Throat 🥊 

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 📰

🌪️ Kare Wallet’s Instant Aid Revolution

Kare Wallet decided disaster aid doesn’t need a two-month waiting period, cutting it down to minutes using Algorand’s blockchain. In a world where bureaucracy usually moves slower than a three-legged tortoise swimming in molasses, this is borderline sorcery. But by all means, defend old-school processes if you thrive on unnecessary suffering. Algorand blog.

🧬 Blockchain Tackles Cancer (And Pays You?)

Jasmy’s out here handling genomic data and offering get-well crypto payments for cancer research participants. It’s either heartwarming or borderline sci-fi dystopia—take your pick. Either way, they’re claiming to secure your DNA secrets while tossing you some digital coins for cooperating, so consider it a weird but intriguing perk. Jasmy blog.

🌞 Trump’s Crypto Czar Hearts Solana

David Sacks, Trump’s newly minted “Crypto Czar,” can’t quit Solana. He’s been holding his SOL through market chaos and proudly boasting monster returns, dreaming of the day SOL dethrones Ethereum. Altcoinbuzz.

💀 Financial Times’ Alphaville’s “Non-Apology” for Bitcoin Is Salty As Hell

FT Alphaville doesn’t like Bitcoin, never has, never will—and they’re not sorry. Sure, BTC cracked $100k, but the FT team won’t pretend they were wrong, because “woohoo number go up” doesn’t magically solve fundamental critiques. If you were looking for a heartfelt apology, tough luck: they still think the whole system’s a glorified hype machine. Financial Times.

📈 eToro Mulls U.S. IPO With Goldman’s Help

eToro might just IPO in the U.S. with Goldman Sachs riding shotgun, aiming for a valuation that’s as big as the crypto hype itself. After tussling with regulators and scaling back some offerings, they’re ready to capitalize on the next wave of crypto enthusiasm (thanks, Trump’s “Crypto Czar”?). CoinPedia.

ETHEREUM
Boom - Back To $4,000 (And A New 2024 High?) 🤑 

And there it is, Ethereum back to $4k.

And it’s entirely possible/probable that a new 2024 high for Ethereum will happen by the time this newsletter hits your mailbox. 📫️ 

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