Gm Timekeepers! ⏳

The last 24 hours have been bullish – GameStop just made a bold bet on Bitcoin, memecoins are keeping Solana busy, and Ripple walked away from its battle against the SEC with a BARGAIN! 

Meanwhile, a rogue trader got a taste of their own medicine 🤭, and crypto IPOs might finally be on the horizon 😮

As the market keeps throwing curveballs, one thing’s clear: nothing stays boring for long in crypto. Let’s break it all down. 📡

But first as always - TL;DR ⚡

GameStop just went full crypto Stocks jumps 7% after it bets big on Bitcoin and starts shutting down stores. 🎮💸

GameStop’s board officially embraces Bitcoin as a treasury asset. 🟠💰

Following Strategy’s (formerly MicroStrategy’s) Bitcoin maxi rebrand, because apparently, adding “Micro” wasn’t bullish enough. 🙃

Oh, and Trump’s executive order just made crypto a national strategic reserve. So, yeah. Timing. ⏳🇺🇸

GameStop’s still fighting off the ghosts of Blockbuster past by closing 590 stores last year and many more to come. 🏚️🫡

Profits doubled to $131.3M, even though revenue tanked. Guess cutting costs (aka shutting down stores) actually works? Who knew. 🤷‍♂️📉

Bitcoiners are loving this, because who needs physical game stores when you can have magic internet money on the balance sheet? 🧙‍♂️✨

Buy $GME? (Because nostalgia and tendies.) 📈🐔Buy BTC? (Because laser eyes never die.) 👀🔥

Or just sit back and watch GameStop 2.0 unfold, meme-stock style. 🍿😂

Remember when the SEC went full attack mode on Ripple, demanding $2 billion for “breaking securities laws”? 

🚨 Well, fast forward to 2025, and guess what? Ripple’s only paying $50M—and getting $75M back! Talk about a buy-one-get-one refund policy. 💸💨

Ripple’s chief legal officer, Stuart Alderoty, casually dropped the news on X (formerly Twitter), calling it a “long-awaited resolution.” 

The deal still needs a final rubber stamp from SEC commissioners and court approval, but let’s be real – Ripple just won big. 😏🏆

For context: A 2023 ruling already confirmed that Ripple’s XRP sales to retail investors through exchanges were NOT securities – a major L for the SEC. 

The court, however, did slap Ripple with a $125M fine for institutional sales. But now? That fine just shrank by 60%. 📉💀

This isn’t just a win for Ripple—it’s a massive shift in how the SEC approaches crypto lawsuits. 

Under former SEC Chair Gary Gensler, the agency was on a warpath against crypto firms. But under Acting Chair Mark Uyeda? 

They’ve been quietly dropping lawsuits against Coinbase, Consensys, and Kraken like they never happened. 🤔

Coincidence? Or maybe crypto just fought back and won? 🤷‍♀️

Oh, and XRP? It briefly pumped to $2.47 before pulling back. Not exactly a moon mission 🚀, but let’s see where this goes…

What’s worse than a rogue trader? A rogue market maker dumping 66M tokens and walking away with $38M. 🤯🔥

Luckily, Binance froze the funds and now Movement Network is using them for a massive buyback. 💰🚀

Imagine hiring someone to boost your token’s liquidity… and instead, they dump 66 million of them, pocket $38M in profits, and leave the market wrecked. 😡 

That’s exactly what happened to Movement Network.

But plot twist: Binance froze the trader’s funds. Now, Movement is getting the last laugh. 😏

On March 24, Movement Network Foundation announced that it recovered $38M from the rogue market maker and will use it for a token buyback over the next three months. 📉💸

This isn’t just a cleanup operation—it’s a huge signal to traders and investors that the MOVE token isn’t going anywhere. Binance has also been cracking down on bad actors:

With Movement buying back millions in MOVE tokens, holders might be looking at a price recovery—or at least some stability after the chaos. 🏦📊

Pump.fun’s latest move is shaking up Solana’s DeFi scene. 🌀🚀 PumpSwap just launched last week and is already the 2nd-largest AMM (Automated Market Maker) on Solana, surpassing Whirlpool in volume.

The biggest liquidity pool in the past 24 hours? Yes, really. 🐶🌙💰

Here’s why PumpSwap matters 👇

✅ No more Raydium dependency – Pump.fun’s AMM means SOL liquidity stays within its ecosystem, instead of moving to Raydium when a token completes its bonding curve.

✅ New revenue streams – Instead of losing SOL, pump.fun will now earn from transaction fees.

✅ Token creator revenue sharing – Coming soon, meaning meme coin devs might get a slice of the pie.

Meanwhile, Raydium isn’t sitting idle – it’s launching its own memecoin launchpad, LaunchLab. 

While Raydium hasn’t felt the pain yet, Pump.fun’s volume will eventually leave Raydium for PumpSwap.
Okay, but is all this volume real? 🤨

👀 A Telegram group with 28K monthly users just started offering a “Solana Volume Booster” for PumpSwap. They’re even giving a 10% discount on artificial trading volume. 🚨

If the Dune dashboard is correct, PumpSwap’s leading tokens have tiny market caps, suggesting some of this volume might be inorganic.

So, is PumpSwap a game-changer or just another memecoin casino with wash trading?

 Crypto’s public markets era might be kicking off. 🚀

✅ eToro just filed for an IPO, despite settling a $1.5M SEC charge just months ago.

✅ Kraken is reportedly raising $1B in debt ahead of its own IPO.

✅ Galaxy Digital’s Mike Novogratz expects multiple crypto firms to list on the NYSE/Nasdaq by mid-2025.

✅ 10T Holdings’ Dan Tapiero predicts a wave of crypto IPOs, M&A deals, and SPACs in the coming years.

Why does this matter?

📊 eToro’s explosive growth:

💰 Investors want exposure to crypto – just not directly.

A survey in January 2025 found that 25% of financial advisers prefer crypto exposure through equity ETFs, rather than directly holding tokens.

Legitimacy matters.

Dan Tapiero: "American investors like to own businesses with cash flow, balance sheets, and proper governance."

The bigger picture ⤵️

Crypto IPOs could bring:

✔️ More institutional capital into the space.

✔️ Better regulatory clarity for crypto firms.

✔️ A bridge for TradFi investors to gain crypto exposure through familiar structures.

Tapiero calls this a "mini step" before real value moves onchain.

And Time……

That’s the latest from the frontlines. 

Whether it’s legacy brands embracing Bitcoin, billion-dollar settlements shaking up the legal landscape, or Solana’s DeFi scene rewriting the rules—there’s always something brewing.

Stay sharp, stay skeptical, and stay ahead of the narratives. 

See you tomorrow. ⏳

– Your daily chronographer 🔂