Gm Degens,

Markets are still digesting Trump’s Crypto Strategic Reserve announcement, which has sparked volatility and fresh speculation about government involvement in crypto.

While prices swing, the Ethereum ecosystem is undergoing its own transformation.

Stay tuned – there’s plenty more ahead.

Here’s a quick run for you 👇

💰 Stablecoin TVL reaches massive $225B, up $20B in 2025 already

🕵️‍♂️ Potential insider trading ahead of Trump's crypto announcement

🚀 ai16z is holding strong against the meme market downturn

🏦 Trump's Crypto Reserve saga continues with Polymarket skepticism 

🔄 Ethereum Foundation announces new leadership with co-directors 

🧙‍♂️ Danny Ryan joins Etherealize as co-founder amid ETH ecosystem restructuring

⚠️ CZ issues disclaimer on Ronaldinho's STAR10 token 

👾 Onchain Heroes launches End Game Season 1

Stablecoin total value locked (TVL) has climbed to an impressive $224 billion, marking a $20 billion increase in just the early months of 2025.

Total Stablecoin Market Cap = $224.26B

7-Day Change: - $2.05B (-0.91%) ➡️ Some liquidity is leaving stablecoins.

1-Day Change: - $30.67M (-0.01%) ➡️ Small outflows in the past day.

30-Day Change: + $6.98B (+3.21%) ➡️ But over the past month, the market cap has grown.

USDT Dominance: 63.61% ➡️ Tether still runs the stablecoin game.

Stablecoin outflows often mean people are swapping them for riskier assets (aka sending it straight into Bitcoin, Ethereum, and alts).

If BTC and ETH are ripping higher, it’s no surprise that some of that stablecoin liquidity is rotating into them.

A whale just pulled off a $6.8M one-day heist – and the timing is too perfect!

Here’s how it went down 👇

🐳 Dropped $4M to open a $200M leveraged (50x) long on BTC and ETH

📣 Right before Trump’s Truth Social post about the Crypto Strategic Reserve

💰 Closed most positions within 24 hours, walking away with $6.8M

What’s raising eyebrows? The razor-thin 🤏 liquidation margins:

😲 ETH long at $2,197, liquidation at $2,149.4

🫨 BTC long at $85,908, liquidation at $84,752

One tiny dip meant total wipeout in this trade! Instead, it was just perfect.

Did this whale just know something the rest of us didn’t? Or are they the luckiest degens alive?

👀 Either way, the streets are talking.

The whole memecoin market is limping back to life... but $AI16Z? Still standing tall with an $80M+ market cap like it’s got diamond hands. 💎🤖

It’s even outpacing Fartcoin – yep, literal hot air is trailing behind AI bags. 🚀💨

What’s next? Flipping $WIF? 👀

If the AI narrative heats up again, AI16Z could be the first to send.

AI + memes? We’ve seen this movie before… and holders liked the ending. 📈🔥

Welp, the Polymarket traders have spoken—and they’re not exactly betting the farm on Trump stacking sats.

President Trump’s Executive  directed the Presidential Working Group to move forward with a Crypto Strategic Reserve – including $XRP, $SOL, $ADA, $BTC, and $ETH. 

All these tokens saw a pump briefly after 🟢

Yet, Polymarket traders are suspicious 🧐

Most doubt the implementation of this strategy within Trump’s first 100 days.

🔹 Chance of Trump creating a Bitcoin reserve in his first 100 days? 17% 📉

🔹 Down 42% from its peak → Once had hopium, now sipping copium.

🔹 Recent bounce → Someone still believes, or maybe just gambling on political volatility.

There are many questions to uncover:

❓ Purpose of this reserve

❓ Why $ADA and $XRP? 

$ADA and $XRP are receiving a lot of backlash about it being unfit for the reserve.

Notably, they also lack major stablecoin issuance from Circle, Tether, or Paxos – often seen as important legitimacy signals.

So, for now? The odds are slim. But hey, crazier things have happened.

The Ethereum Foundation appointed Tomasz Stańczak and Hsiao-Wei Wang as co-directors amid growing community concerns over Ethereum’s direction.

Tomasz Stańczak (left) and Hsiao-Wei Wang (right)

Ethereum is transitioning to a robust, censorship-resistant financial base layer.

The community has been raising questions since…

👎 $ETH has underperformed – couldn't even reclaim past highs

🏁 ETH competes with high-throughput chains 

☠️ Risk of L2 cannibalization 

The leadership shift signals an effort to tackle these challenges head-on.

Longtime Ethereum developer Danny Ryan has joined Etherealize as a co-founder alongside Vivek Raman, aiming to market Ethereum to institutional investors.

For those of you who aren’t ETH maxis…

Ethereum Foundation spun up Etherealize as a new squad aimed at bringing TradFi suits into the ETH rabbit hole. 🤵

🏁 Mission? Get hedge funds, asset managers, and big money to take ETH seriously.

🎯 Focus? Real World Ethereum, policy talks, and making ETH TradFi-friendly.

ETH has been making investors lose confidence due to its price action. 

This initiative is expected to reverse that.

They’ve also put together a 15-member group called the Silviculture Society to help keep Ethereum true to its roots. 😲

Ethereum is making changes throughout its ecosystem to solve community concerns and win back investors.

❤️‍🔥 ETH is gunning for Wall Street adoption… and they just hired the right hit squad.

Binance founder CZ  just dropped a rare disclaimer on Ronaldinho’s STAR10 token.

Here’s what he said (not verbatim)👇

⚠️ NOT an endorsement! CZ made it crystal clear that he’s just confirming the token launched exclusively on BNB Chain.

🚨 Fake tokens alert! He warned that any STAR10 tokens on other chains are scams.

📉 Meme coin reality check. Trading volumes are tanking, and volatility is through the roof.

Although CZ has been a Ronaldinho fan since 2005, he stressed there’s no commercial relationship between BNB Chain and the football legend.

Why such a strong disclaimer? 🤔

With regulators watching celebrity token endorsements closely, this might be damage control before the storm hits.

Onchain Heroes has unveiled its End Game for Season 1

🎮 Three unique Dungeon types – each with its own rules and rewards.

🎲 Gacha mechanics – roll for Equipment, Pets & Cosmetics.

💀 High-stakes Death Risk – if your Hero falls, they’re locked until the season ends!.

This is an interesting project to explore onchain gaming.

Before we bid adieu, here are a few mindset-building pointers that will help you stay in the game and emerge stronger:

1️⃣ Risk and Acceptance: Making money requires embracing losses and being okay with earning less at times.

2️⃣ Paradox of Wealth: Those least fixated on money tend to accumulate the most.

3️⃣ Greed vs. Mastery: Greed blinds people, while real players stay focused on the game itself.

4️⃣ Play the Game, Not the Money: Money is just a byproduct of playing well.

It’s a mindset shift: detach from the outcome, play strategically, and let the chips fall where they may. 

See you tomorrow!

– Your degen for the day  🥷