Gm Degens 👋🥷,

Coinbase is possibly tokenizing its stock (again!), Tether just dropped the hammer, and Kaito's making big moves with a huge token buyback.

Altcoins are feeling the pain, but Jump Trading is back in the game, and get ready for a new Web3 smartphone! 

Here’s a quick run for today’s newsletter 👇

🦧 Market’s not happy with Crypto Strategic Reserve – Trump tried to play smart

🚀 Coinbase tokenizing $COIN again? Bullish or just good PR?

🌶️ Tether Freezes $28M on Garantex – Things are getting spicy

😭 Altcoins have been bleeding for a while now

👀 Jump Trading is back in the U.S. – New rules, new plays

🎢 NEAR & XRP are up, ADA & APT are getting wrecked 

💰 Kaito’s Big Buyback – They’re flexing and here to stay

🤓 Community awaits Movement mainnet – they launch smartphone

Well, well, well… looks like Donald Trump just put Bitcoin in the White House playbook. 🏛️💰

The orange-haired president signed an executive order yesterday creating a Strategic Bitcoin Reserve 🇺🇸🟠…

…in the most underwhelming way that nobody saw coming!

What everyone expected 🚀

Bitcoin maxis were hoping for a full send – a U.S. government buying spree that would pump BTC straight to the moon 🌕

Maybe a Treasury-backed laser eyes moment? 👀🔥

What happened 😬

Instead, Trump’s move was more like a "HODL what we already seized" strategy.

No fresh buys and no taxpayer money being used to stack sats. Just the government sitting on its crypto loot from past criminal seizures. 💼🛑

So, what happens when you break the market’s heart? It dumps! 📉

$BTC slid over 6%.

Hey… this could still be bullish! Why? Because the FOMO is real, even behind the closed doors of government officials and central banks.

So Trump didn’t go full Michael Saylor mode and start buying billions in $BTC… but guess who might? Other countries. 🌍👀

Word on the street is that China already holds 195K $BTC from past criminal seizures. 😳

If the U.S. just signaled that Bitcoin is a strategic asset, you bet China (and other global players) are taking notes.

Imagine a U.S. vs. China $BTC Cold War – but instead of nukes, they’re stacking sats. 🏦🟠

Other countries are already warming up.

If governments and corporations keep jumping on the BTC as a reserve asset train, we could be looking at:

✅ Higher demand 📊

✅ Less volatility 🌊

✅ A more globalized Bitcoin standard 🌎🛠️

So yeah, Bitcoin dumped 6% on the news, but the real game is just getting started. Once countries FOMO in… it’s game over for fiat. 🔥💀

Looks like Coinbase is getting back on the security token train!

With the SEC loosening up, Coinbase’s CFO Alesia Haas is feeling hopeful about tokenizing $COIN stock again.

If this goes through, shareholders could flex benefits like voting rights and profit-sharing – all on-chain.

Plus, with the SEC recently dropping a lawsuit against Coinbase, the vibes are shifting. 

CEO Brian Armstrong is even taking this straight to President Trump at the upcoming White House Crypto Summit. Buckle up! 🎢

The CoinDesk 20 Index is up 1% to 2966.55, and half of the tracked assets are in the green. The winners:

But it’s not all sunshine and rainbows. ADA & APT:

Even after ETF listing news of $APT, it hasn’t been able to make holders happy as one would have expected.

"Tether has entered the war against the Russian crypto market and blocked our wallets worth over 2.5 billion rubles." – Garantex

Stablecoin giant Tether just hit the freeze button on $28M USDT sitting on the Russian crypto exchange Garantex 🧊💰

Why? 🤔

⚖️ The EU sanctioned Garantex for allegedly being a playground for Russian bad actors and shady transactions.

🫸 Tether decided to step in and block those funds, cutting off access to the frozen USDT.

Garantex’s Reaction? 😡🔥

The exchange called Tether’s move an attack on the Russian crypto market.

They suspended all services while they figure out their next move.

They also warned that ALL USDT in Russian wallets could be at risk. The exchange has now hit the pause button on its services. Decentralized much?

Crypto may be decentralized, but stablecoins aren’t – and Tether just reminded the world who controls the off switch. ⏹️💀

If your feed has been extra salty lately, this might be why. 

Over the past 90 days, top-100 alts have been getting wrecked – some down as much as 85%!

The pain is real, and the community is not happy. 😭 

Although this could be a good time to stack up on high-conviction, good tech, and tokenomics projects. ⏰

Jump is making moves in the U.S. again after scaling back due to, you guessed it, regulatory drama.

But now, with clearer rules under the Trump admin, they’re staffing up and eyeing new opportunities. 

Could we see them jumping (pun intended) into the U.S. crypto ETF game soon? 👀

Kaito just flexed big time, using network fees to scoop up 13,333 KAITO tokens – that’s 2x the daily emissions. 

They’re keeping things vague on future buybacks (probably for legal reasons), but they’re hinting at major growth ahead. 

Oh, and they’ve got 80+ partners lined up for their leaderboard launch. 

Kaito’s founder made it clear: they’re in this for the long haul. 🏆

Movement Labs and Up Network are launching Up Mobile, a crypto-native smartphone packed with ⬇️

👆 Biometric authentication + zk-proofs for ultimate privacy.

🧑‍💻 MoveVM + EVM compatibility so all your dApps work.

🤖 AI-powered assistants that help with DeFi, GameFi, and SocialFi.

Users complain the team is launching anything but mainnet 🫢

We degens love memes, but memes haven’t been able to keep up with the profits. 

Pump.fun is consistently going down – does that mean memecoins are dead? If not, what’s the fix?

Right now, memecoins have two major problems:

1️⃣ Doxxed founders are too scared to launch them—there’s no way out.

2️⃣ 99% are launched by shady teams or undoxxed anons.

The fix?

 👉 Either make launching tokens less risky (like Zora did)

 👉 Or make memecoins fully autonomous—AI generates them based on trends, and token holders vote on incentives.

🎭 The Real Villain? Not Pumpfun… It’s CEX Listings

People blame Pumpfun, but the real problem is centralized exchanges (CEXs). We made the mistake of believing a CEX listing = 🚀

This turned into an expensive illusion where only projects willing to pay huge bribes got listed—usually the scammy ones planning to dump on you.

🛠️ How Do We Fix This?

At the end of the day, traders drive the market, not CEXs. Take back control. 🔥

That’s a wrap for today, degens!

Tomorrow’s Digest dives deep into the wild world of political crypto news, excited for what is about to happen in today’s crypto summit at the white house.

Stay tuned to keep up with this high-speed space that never hits the brakes! 🚀

– Your degen for the day 🥷