Whales are merging, Mantra has dumped, and tariffs are back with us. A week in the style of 'hold on if you can' 😤
▪️ Mantra collapsed by 88% — 17 wallets dumped 43.6 million tokens (4.5% of the supply) on exchanges before the dump. The project's CEO believes these were forced liquidations, but Binance and OKX acted as if nothing happened.
▪️ Howard Lutnick hinted that the cancellation of tariffs on electronics is a temporary concession while people are still breathing. Meanwhile, Trump promised that "no one will escape tariffs" — not even iPhones.
▪️ The Ethereum Foundation released a fresh roadmap: focusing on scaling and improving L1 and L2 interactions. So if you were waiting for ETH at $10k, the roadmap is on its way.
▪️ JPMorgan is sounding the alarm: treasury markets may go into panic. This means the Fed will either intervene or just watch everything collapse (as usual).
▪️ Bitcoin ETFs have been sold off for the seventh day in a row, with an outflow of $713.3 million. Saylor pretends nothing is happening and posts charts in the style of "soon" 🕕.
▪️ Bo Hynes urges buying BTC while it's still cheap. Apparently, he and Saylor share the same Telegram channel