Bs Crypto Writer

Great question — whether Bitcoin will ultimately serve Main Street or Wall Street is one of the core tensions in its evolution. Here's a breakdown of both sides:
---
Wall Street’s Grip is Growing
Institutional Adoption: With Bitcoin ETFs, custody services from major banks, and increased trading on platforms like CME, Wall Street is steadily integrating Bitcoin into traditional finance.
Regulatory Influence: As big players enter the space, they bring regulation and compliance, potentially reshaping Bitcoin’s ethos of decentralization.
Price Control: Large institutions with deep pockets could manipulate the market more easily, sidelining retail investors.
Main Street’s Original Vision
Decentralization & Freedom: Bitcoin was created to give individuals control over their money — censorship-resistant, borderless, and inflation-proof.
Peer-to-Peer Transactions: The goal was always to empower people, especially in regions with unstable currencies or oppressive governments.
Grassroots Adoption: Tools like the Lightning Network and decentralized exchanges keep Bitcoin useful for everyday users.
---
So, Who Will It Serve?
Short-Term: Wall Street seems to be gaining influence — driving prices, shaping narratives, and pushing for regulatory clarity.
Long-Term: If developers and communities keep building tools that empower individuals, Bitcoin can still serve Main Street too — especially as a hedge against inflation or currency debasement.
Think of it as a tug-of-war. Wall Street wants Bitcoin as a digital gold-like asset. Main Street wants it as financial freedom.
---
Would you like a breakdown of how current trends (like ETFs, Lightning, or nation-state adoption) are tipping the balance one way or another?

#BinanceAlphaAlert

Here’s a cleaned-up and more informative version of your update with some light context added to each section:
---
📉 Recent Price Movements
Solana (SOL): Recently saw a sharp dip of around X%, falling below the $Y support level. This comes amid reduced network activity and broader market pullbacks.
Cardano (ADA): ADA slipped by X%, struggling to maintain momentum despite ecosystem updates. It remains range-bound with weak volume support.
Avalanche (AVAX): AVAX declined by approximately X%, with liquidity concerns and developer activity tapering off slightly in recent weeks.
---
🔍 Contributing Factors
Bitcoin's Influence: Bitcoin's recent retracement from its highs has triggered a ripple effect across altcoins, especially those with high correlation like SOL, ADA, and AVAX.
Network Challenges: Network congestion, scalability debates, or downtime (particularly noted in Solana) have shaken investor confidence.
Market Sentiment: Overall crypto sentiment has turned risk-off due to macroeconomic uncertainty, profit-taking, and regulatory headlines.
---
📊 Outlook
While near-term price action looks weak, long-term fundamentals—such as ecosystem growth and institutional interest—may provide a foundation for recovery. Watch for key levels: if BTC stabilizes, altcoins could see a bounce. Keep an eye on staking metrics, development activity, and any upcoming protocol upgrades.
---
Want me to plug in the actual price movements and charts for these coins?

The US Treasury has injected $500 billion into financial markets since February by drawing liquidity from its Treasury General Account (TGA), funding government operations after a $36 trillion debt ceiling was hit on Jan. 2, 2025.
Macroeconomic financial analyst Tomas said that this liquidity surge boosted the net Federal Reserve liquidity to $6.3 trillion, and it may support Bitcoin’s
BTC
$84,920
price in the future, even though risk assets have minimal growth so far.
The TGA represents the government’s checking account at the Federal Reserve, holding capital for daily operations like paying bills or collecting taxes. A decrease in TGA capital means the balance has been deployed into the broader economy, boosting available cash in the markets.
Tomas explained that The TGA drawdown commenced on Feb. 12, following the exhaustion of "extraordinary measures" after the debt ceiling was reached. The TGA balance has dropped from $842 to roughly $342 billion, releasing liquidity into the system, and the targeted liquidity is expected to rise up to $600 billion by the end of April.
The analyst added that the current tax season will temporarily drain liquidity, but the drawdown is expected to resume in May. If debt ceiling talks extend to August, net liquidity could hit a multi-year high of $6.6 trillion, which could cause a bullish tailwind for Bitcoin.
According to a study by financial analyst Lyn Alden, Bitcoin has historically moved 83% of the time in line with global liquidity in a given 12-month period. The research termed “Bitcoin a Global Liquidity Barometer” compared Bitcoin to other major asset classes such as SPX, gold and VT, and BTC topped the correlation index with respect to global liquidity.
Past TGA drawdowns in 2022 and 2023 have fueled speculative assets like Bitcoin. Thus, a $600 billion boost, plus billions more added over Q2-Q3, could lift BTC’s value if market conditions remain stable.

In a groundbreaking announcement on March 2, former President Donald Trump revealed the creation of a U.S. strategic reserve of five major cryptocurrencies — Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). This initiative, part of his Executive Order on Digital Assets, aims to position the U.S. as the global leader in digital finance.
Trump declared, “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration… We are MAKING AMERICA GREAT AGAIN!”
The move marks a historic shift from traditional economic policy, recognizing digital assets as strategic financial tools alongside gold and foreign currencies. Markets responded instantly: Bitcoin surged past $93,000, Ethereum jumped 12%, and Cardano skyrocketed 48%.
Supporters say this strategy could strengthen financial stability, hedge against inflation, and boost U.S. dominance in the digital economy. Critics, however, warn of volatility, regulatory chaos, and cybersecurity risks.
The decision has triggered international reactions. El Salvador welcomed it, China condemned it as “reckless,” and the EU voiced concerns about economic destabilization.
In countries like Pakistan, where crypto adoption is growing, this shift may pressure regulators to embrace clearer frameworks. A balanced approach could unlock new economic opportunities while mitigating risks.
Whether this is visionary leadership or a dangerous gamble, one thing is clear: crypto is no longer fringe—it’s going mainstream.

Yeah, Matt Hougan, the CIO of Bitwise, made that comment recently. He believes Bitcoin is set up for a strong rally based on a few key factors:
1. Post-halving dynamics – The recent halving reduced miner rewards, tightening new supply, which historically has been bullish.
2. Institutional demand – With spot Bitcoin ETFs now live and seeing consistent inflows, institutional interest is higher than ever.
3. Macro environment – If the Fed eases rates or signals a dovish stance, risk assets like Bitcoin could benefit.
4. On-chain data – Metrics like long-term holder accumulation and low exchange balances suggest bullish sentiment.
Hougan thinks we're in the early stages of a broader bull cycle. What's your take—are you feeling bullish or waiting for more
confirmation?

#bitcoin #TariffsPause

this paints a clear picture of the current crypto landscape post-crash. It’s interesting how Ethereum, Solana, and Cardano have not just weathered the storm but are now leading the conversation, especially considering the wider market sentiment took a nosedive after the tariff fears.
A few key things stand out here:
1. Solana’s Resurgence: The fact that Solana is back in the spotlight after its crash shows how much confidence retail and institutional players still have in its ecosystem. The speculative buzz might be risky, but it's also a sign of high engagement and potential for a quick rebound if market sentiment improves.
2. Ethereum’s Transition to 2.0: Despite the price slump, ETH’s continued upgrades keep it in the limelight. The move to Ethereum 2.0 could be a long-term bullish catalyst, especially as energy efficiency and scalability remain big topics.
3. Cardano’s Market Positioning: ADA often flies under the radar compared to ETH and SOL, but its consistent presence in trending charts shows it's still a major player with a loyal community.
4. BNB & Stablecoins: BNB being watched more for its technical patterns rather than hype is typical for a utility-heavy token. And stablecoins like RLUSD trending post-SEC resolution with Ripple? That could signal more institutional adoption coming soon.
If you’re holding or considering positions in any of these, this might be a solid window to analyze entry points—especially with volatility still high and sentiment shifting quickly.
What’s your take—are you watching any of these coins closely or thinking of getting in?

Bitcoin is showing signs of decoupling from gold and stocks after Trump’s global tariff announcement, though concerns linger.
Bitcoin
BTC
$82,679
price could head back toward the $100,000 level quicker than investors expected if the early signs of its decoupling from the US stock market and gold continue.
The “gold leads, Bitcoin follows” relationship is starting
Bitcoin has shrugged off the market jitters caused by US President Donald Trump’s April 2 global tariff announcement.
While BTC initially dropped over 3% to around $82,500, it eventually rebounded by roughly 4.5% to cross $84,700. In contrast, the S&P 500 plunged 10.65% this week, and gold—after hitting a record $3,167 on April 3—has slipped 4.8%.
The fresh divergence is fueling the “gold-leads-Bitcoin narrative,” taking cues from price trends from late 2018 through mid-2019 to predict a strong price recovery toward $100,000.
Gold began a steady ascent, gaining nearly 15% by mid-2019, while Bitcoin remained largely flat. Bitcoin's breakout followed shortly after, rallying over 170% in early 2019 and then surging another 344% by late 2020.
A reclaim of $100k would imply a handoff from gold to BTC,” said market analyst MacroScope, adding:
“As in previous cycles, this would open the door to a new period of huge outperformance by BTC over gold and other assets.
The outlook aligned with Alpine Fox founder Mike Alfred, who shared an analysis from March 14, wherein he anticipated Bitcoin to grow 10 times or more than gold based on previous instances.
Bitcoin may be eyeing a drop toward $65,000, based on a bearish fractal playing out in the Bitcoin-to-gold (BTC/XAU) ratio.
The BTC/XAU ratio is flashing a familiar pattern that traders last saw in 2021. The breakdown followed a second major support test at the 50-2W exponential moving average.
BTC/XAU is now repeating this fractal and once again testing the red 50-EMA as support.
In the previous cycle, Bitcoin consolidated around the same EMA level before breaking decisively lower, eventually finding support at the 200-2W EMA (the blue wave). If history repeats, BTC/XAU could be on track for a deeper correction, especially if macro conditions worsen.
Interestingly, these breakdown cycles have coincided with a drop in Bitcoin’s value in dollar terms, as shown below.
Should the fractal repeat, Bitcoin’s initial downside target could be its 50-2W EMA around the $65,000 level, with additional selloffs suggesting declines below $20,000, aligning with the 200-2W EMA.
A bounce from BTC/XAU’s 50-2W EMA, on the other hand, may invalidate the bearish fractal.
US recession would squash Bitcoin’s bullish outlook
From a fundamental perspective, Bitcoin’s price outlook appears skewed to the downside.
Investors are concerned that President Donald Trump's global tariff war could spiral into a full-blown trade war and trigger a US recession. Risk assets like Bitcoin tend to underperform during economic contractions.
Further dampening sentiment, on April 4, Federal Reserve Chair Jerome Powell pushed back against expectations for near-term interest rate cuts.
Powell warned that inflation progress remains uneven, signaling a prolonged high-rate environment that may add more pressure to Bitcoin’s upside momentum.
Nonetheless, most bond traders see three consecutive rate cuts until the Fed’s September meeting, according to CME data.
#TrumpTariffs #BTC☀️

This situation involves a mix of geopolitical conflicts, cryptocurrency regulations, and financial crime enforcement. Here’s a detailed breakdown of what’s happening and its potential implications:
1. The US Sanctions on Crypto Wallets
The United States Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned eight cryptocurrency wallet addresses tied to:
Garantex – a Russian crypto exchange previously sanctioned for money laundering.
The Houthis – a Yemeni political and armed group involved in regional conflicts and attacks in the Red Sea.
Blockchain forensic firms Chainalysis and TRM Labs traced nearly $1 billion in funds that flowed through these wallets, funding Houthi military operations and other sanctioned activities.
Breakdown of the Wallets:
Two of the sanctioned addresses are linked to major cryptocurrency exchanges (likely used for deposits and transfers).
Six are privately controlled wallets.
The sanctioning of these wallets marks another instance of crypto being used in geopolitical conflicts and terrorism financing.
---
2. Who Are the Houthis?
The Houthis (Ansar Allah) are a Yemeni political and military group that emerged from the Zaidi Shia community. Over the years, they have:
Engaged in a civil war in Yemen.
Attacked military and civilian vessels in the Red Sea using missiles and drones.
Been designated as a foreign terrorist organization (FTO) by former US President Donald Trump in January 2021.
The US and allied forces have recently conducted bombing campaigns against Houthi military targets in Yemen. The US sees their actions as a threat to global maritime trade and regional security.
---
3. Garantex: The Russian Crypto Laundromat
Garantex was a Russia-based crypto exchange that allegedly facilitated money laundering and sanction evasion.
The platform was sanctioned and shut down in early March 2025.
Tether (USDT issuer) froze $27 million on the platform, leading to its shutdown.
Despite sanctions, Garantex reportedly moved millions of dollars and rebranded as "Grinex" in an attempt to continue operations.
Key Arrest: Aleksej Bešciokov
In mid-March 2025, India’s Central Bureau of Investigation (CBI) arrested Lithuanian national Aleksej Bešciokov.
He was accused of operating Garantex and faces US charges for:
Conspiracy to commit money laundering
Operating an unlicensed money-transmitting business
Violating the International Emergency Economic Powers Act (IEEPA)
---
4. The Bigger Picture: Crypto’s Role in Geopolitics
This case reinforces concerns about cryptocurrency being used for:
Terrorism financing
Sanction evasion
Money laundering
Slava Demchuk, an anti-money laundering specialist, pointed out that crypto is now firmly within the scope of international security. This suggests tighter regulations ahead.
Key Takeaways:
Regulatory Scrutiny Will Increase: Authorities are getting better at tracking illicit crypto transactions.
Stablecoins (like USDT) Are Not Fully Decentralized: Tether’s ability to freeze funds shows that regulatory agencies can still block transactions in the crypto space.
Crypto Exchanges in High-Risk Countries Face More Crackdowns: Exchanges like Binance, OKX, and Bybit may also face increased regulatory pressure to prevent illicit transactions.
---
5. Impact on the Crypto Market
Bitcoin (BTC) & Major Cryptos: Likely not heavily impacted, as this is an isolated enforcement action.
Crypto Regulations: Could become stricter, especially for privacy coins, stablecoins, and offshore exchanges.
Tether (USDT) & Centralized Stablecoins: USDT might see increased scrutiny due to its role in sanctioned transactions.
Russian & Middle Eastern Crypto Markets: Could experience disruptions if authorities continue targeting illicit transactions.
Final Thoughts
This is another sign that governments are getting more aggressive in tracking and controlling crypto transactions linked to sanctions and illicit finance.
For investors, this highlights increasing regulatory risks—especially for crypto exchanges operating in high-risk jurisdictions.
Do you think this will lead to more crackdowns on Russian crypto platforms?

Pi Network has recently gained attention in the market after being listed on the BTCC Exchange. The coin saw a decline to $0.68 in the past 24 hours, with predictions suggesting it might exceed the $1 mark. The listing has piqued investors’ interest, prompting close monitoring based on various market data.
BTCC Exchange announced the addition of Pi Network to spot trading. This development has heightened the search for short-term support among investors.

Pi Network Gains Traction Following BTCC Exchange Listing
In Brief
Pi Network is gaining significant interest after its BTCC Exchange listing.
Token locking rates are influencing Pi Coin's price fluctuations.
Experts predict potential recovery and price growth for Pi Network.

Pi Network has recently gained attention in the market after being listed on the BTCC Exchange. The coin saw a decline to $0.68 in the past 24 hours, with predictions suggesting it might exceed the $1 mark. The listing has piqued investors’ interest, prompting close monitoring based on various market data.
BTCC Exchange announced the addition of Pi Network to spot trading. This development has heightened the search for short-term support among investors.
BTCC Exchange: “Cryptocurrency has been added to spot trading.”
The increasing interest from investors following the listing has led to expectations of changes in trading volumes.
Token Locking and Price Expectations
The rates of token locking have played a significant role in the recent fluctuations of Pi Coin prices. After significant token releases in March, a negative impact was observed in the market. However, the amount of locked tokens reaching 124.32 million in April suggests a potential positive change in supply-demand balance.

#PiNetworkMainnet #PiNetwork

This is a major development for Bitcoin and the broader crypto market, as the revelation of the U.S. government's BTC holdings could have far-reaching implications for market sentiment and institutional confidence in digital assets. If the U.S. indeed holds the speculated 200,000+ BTC and commits to a long-term reserve strategy through the newly established Strategic Bitcoin Reserve, it could signal a major shift in how governments perceive Bitcoin—not just as a seized asset to be liquidated but as a strategic store of value akin to gold. Such a move would effectively remove a significant portion of Bitcoin from circulation, increasing scarcity and potentially driving up prices as investors interpret it as a form of implicit government endorsement. However, uncertainty remains regarding whether all confiscated BTC has been fully accounted for or if previous sales by the Biden administration reduced the total holdings before the transition to the Trump administration. If discrepancies arise or the disclosed amount is lower than expected, it could introduce short-term volatility, as traders reassess supply dynamics. Furthermore, the administration’s discussion of a "budget-neutral" strategy to accumulate more BTC suggests that policymakers are seriously considering ways to expand the reserve without relying on taxpayer funds, potentially through mechanisms like asset forfeitures, strategic acquisitions, or financial instruments tied to Bitcoin. This development reinforces the idea that Bitcoin is becoming an integral part of the financial system, with governments and institutions increasingly treating it as a legitimate asset rather than a speculative tool. With Bitcoin already trading at $84,491, market confidence remains strong, but the upcoming April 5 disclosure could be a significant catalyst for further price action, depending on whether the findings align with bullish expectations or introduce new uncertainties. If the report confirms a substantial U.S. government Bitcoin reserve and outlines a commitment to long-term holding, it could further validate Bitcoin’s role as a digital reserve asset, potentially influencing other nations to consider similar strategies.
#TrumpTariffs #bitcoin

Bitcoin breaking $87K marks a significant milestone, but concerns over US tariffs and broader macroeconomic factors could introduce volatility. Analysts warn that “Liberation Day” for existing US tariffs could lead to an 11% price correction, driven by market uncertainty and potential capital outflows from risk assets. While some traders see this as a short-term dip opportunity, long-term investors remain focused on Bitcoin’s overall upward trajectory, especially amid increasing institutional adoption and the upcoming halving. The coming days will be crucial in determining whether Bitcoin consolidates above $86K or experiences a pullback before its next leg up.

#TrumpTariffs

MicroStrategy Executive Chairman Michael Saylor has projected that Bitcoin will eventually surpass gold, real estate, and long-term financial assets to become the dominant store of value. He said the flagship coin will reach a market capitalization of $500 trillion.
Speaking at the Digital Asset Summit last week, Saylor said Bitcoin’s capital inflows are accelerating. He predicted its value to grow from $2 billion to $20 trillion and ultimately to $500 trillion. He described this transition as a shift from legacy financial systems to a digital monetary network, asserting that capital is moving from physical assets to Bitcoin.
Saylor argued that global wealth would increasingly exit traditional holdings such as Russian real estate and Chinese private equity in favor of Bitcoin. He likened this transformation to historical monetary shifts, where early adopters gained a strategic advantage.
His remarks come amid rising institutional interest in Bitcoin and ongoing discussions about its evolving role in the global economy. Meanwhile, BTC on Monday dropped below $82,000 as analysts expect the top coin to test the $80,000 level in the weeks to come.
#Bitcoin❗

The US-led tariff war gets all the blame for Bitcoin’s year-to-date weakness, but there are other factors weighing on BTC price.
Despite Bitcoin’s 2.2% gains on April 1, BTC
BTC
$84,122
hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors had already been weighing on investor sentiment long before President Donald Trump announced the tariffs.
Some market participants claimed that Strategy’s $5.25 billion worth of Bitcoin purchases since February is the primary reason BTC has held above the $80,000 support. But, regardless of who has been buying, the reality is that Bitcoin was already showing limited upside before President Trump announced the 10% Chinese import tariffs on Jan. 21.
The S&P 500 index hit an all-time high on Feb. 19, exactly 30 days after the trade war began, while Bitcoin had repeatedly failed to hold above $100,000 for the previous three months. Although the trade war certainly affected investor risk appetite, strong evidence suggests Bitcoin's price weakness started well before President Trump took office on Jan. 20.
Spot Bitcoin ETFs inflows, strategic Bitcoin reserve expectations and inflationary trends
Another data point that weakens the relation with tariffs is the spot Bitcoin exchange-traded funds (ETFs), which saw $2.75 billion in net inflows during the three weeks following Jan. 21. By Feb. 18, the US had announced plans to impose tariffs on imports from Canada and Mexico, while the European Union and China had already retaliated. In essence, institutional demand for Bitcoin persisted even as the trade war escalated.
Part of Bitcoin traders’ disappointment after Jan. 21 stems from excessive expectations surrounding President Trump’s campaign promise of a “strategic national Bitcoin stockpile,” mentioned at the Bitcoin Conference in July 2024. As investors grew impatient, their frustration peaked when the actual executive order was issued on March 6.
A key factor behind Bitcoin’s struggle to break above $89,000 is an inflationary trend, reflecting a relatively successful strategy by global central banks. In February, the US Personal Consumption Expenditures (PCE) Price Index rose 2.5% year-over-year, while the eurozone Consumer Price Index (CPI) increased by 2.2% in March.
Investors turn more risk-averse following weak job market data
In the second half of 2022, Bitcoin’s gains were driven by inflation soaring above 5%, suggesting that businesses and families turned to cryptocurrency as a hedge against monetary debasement. However, if inflation remains relatively under control in 2025, lower interest rates would favor real estate and stock markets more directly than Bitcoin, as reduced financing costs boost those sectors.
The weakening job market also dampens traders’ demand for risk-on assets, including Bitcoin. In February, the US Labor Department reported job openings near a four-year low. Similarly, yields on the US 2-year Treasury fell to a six-month low, with investors accepting a modest 3.88% return for the safety of government-backed instruments. This data suggests a rising choice for risk aversion, which is unfavorable for Bitcoin.
Ultimately, Bitcoin’s price weakness stems from investors' unrealistic expectations of BTC acquisitions by the US Treasury, declining inflation supporting potential interest rate cuts, and a more risk-averse macroeconomic environment as investors turn to short-term government bonds. While the trade war has had negative effects, Bitcoin was already showing signs of weakness before it began.#TrumpTariffs #Bitcoin❗

CZ (Changpeng Zhao), the former CEO of Binance, recently shared his experience with ReachMe, a platform designed to help influencers monetize direct messages. His journey with the platform highlights both its potential and the challenges of filtering meaningful interactions from spam.
How CZ Used ReachMe
Initially, CZ set the price at 0.04 BNB (around $24 per message). However, he was quickly overwhelmed with spam and irrelevant questions.
He then increased the price to 0.1 BNB ($60 per message), but this still didn’t deter a flood of messages.
Eventually, he raised it to 0.2 BNB ($120 per message), aiming to filter out low-effort inquiries.
His goal is to receive around 10 messages per day, though he doubts this balance can be achieved.
The Problem CZ Wants to Solve
CZ noted that most messages he receives are either:
1. Too short (lacking detail).
2. Too broad (e.g., "How do I run a successful startup?").
Rather than personally profiting, CZ plans to donate all the funds he receives via ReachMe to charity. He emphasized that his primary goal is not to make money but to manage the overwhelming number of people trying to contact him.
The Origin of ReachMe
On March 8, CZ first introduced the idea of a pay-to-reach messaging system in a Binance Square article. He argued that platforms like LinkedIn and X have low barriers, making them prone to excessive spam. His vision was to create a model where high-profile individuals, or Key Opinion Leaders (KOLs), could charge a fee to receive messages, ensuring only serious inquiries get through.
In this system:
If a KOL doesn’t respond within 5 days, the sender gets back 50% of their payment.
The sender still incurs some cost, discouraging spam while incentivizing responses.
The platform takes a 10% cut, and the remaining 90% goes to the recipient.
Rapid Development of ReachMe
Just 18 days after CZ introduced the idea, a developer reached out with a working prototype. After discussions and security reviews, the platform went live.
Future of ReachMe
While it’s still in early stages, ReachMe could become a major platform for monetizing access to high-profile figures. With potential backing from YZi Labs (formerly Binance Labs), its adoption could grow beyond crypto influencers to entrepreneurs, celebrities, and other professionals.
The question remains: Will this model last? Some may try workarounds like group consulting, but if ReachMe proves effective, it could change how people engage with public figures.
#Binance #CZ

This report from Fidelity Digital Assets reinforces the idea that Bitcoin's bull market may still have legs, with an "acceleration phase" potentially leading to another surge. The pattern aligns with past cycles, where Bitcoin sees a high-volatility breakout followed by a correction before another major run-up.
A key takeaway is that institutional demand remains strong despite short-term price fluctuations. Michael Saylor’s MicroStrategy, Marathon Digital, Metaplanet, and even GameStop are making moves to acquire more BTC, reflecting a long-term, price-agnostic strategy.
The market has been in a cooling phase since hitting its ATH, but if Fidelity’s thesis holds, a second acceleration wave could push BTC toward or past $110K. The number of new ATHs within rolling 60-day periods is an important metric to watch for confirmation.
Are you thinking of making a move based on this analysis, or waiting for more signals?
#TrumpTariffs #AmericanBitcoinLaunch #Bitcoin❗

Armstrong's push for onchain interest in stablecoins makes sense from both a competitive and macroeconomic standpoint. If stablecoin issuers could pass interest directly to holders, it would create a compelling alternative to traditional bank savings accounts, which offer much lower yields.
The regulatory hurdle seems to be that both the STABLE and GENIUS Acts, as currently drafted, prevent stablecoin issuers from paying interest, treating them more like cash equivalents than investment vehicles. This keeps them in a payments-focused framework rather than a financial instrument category that could compete with bank deposits or money market funds.
Armstrong’s argument that allowing onchain interest would strengthen dollar dominance is particularly interesting. If more global users opt for USD-pegged stablecoins because they offer yield, it could increase demand for U.S. Treasuries, reinforcing the dollar's role in global finance.
It’ll be worth watching how lawmakers reconcile these competing visions. If they open the door to interest-bearing stablecoins, it could reshape how capital flows in crypto and beyond. Do you think regulators will eventually give in to this idea, or will they maintain the current restrictions?
#coinbase #CoinbaseEffect #CoinbaseListing

The Pectra upgrade is one of Ethereum’s most significant upcoming developments, and its recent successful deployment on the Hoodi testnet is a crucial step toward its eventual mainnet launch. Here’s a detailed breakdown of what this means and why it matters:
---
1. What is the Pectra Upgrade?
Pectra is a major Ethereum upgrade that combines changes from the Prague (execution layer) and Electra (consensus layer) upgrades. It introduces several important Ethereum Improvement Proposals (EIPs) aimed at enhancing user experience, staking, and scalability.
---
2. Why is the Hoodi Testnet Important?
The Hoodi testnet was launched specifically to finalize testing for Pectra after previous testnets, Holesky and Sepolia, encountered significant issues:
Holesky: Faced loss of finality for weeks and had a clogged exit queue, making it difficult to fully test the staking lifecycle.
Sepolia: Experienced synchronization problems.
Hoodi provides a fresh environment to ensure that all functionalities of Pectra work as intended before rolling out to the mainnet.
On March 27, 2024, developers successfully forked Pectra on Hoodi.
The network achieved finalization within 30 minutes, indicating a successful deployment.
If Hoodi testing goes smoothly, Pectra could launch on the Ethereum mainnet by late April or possibly in May/June if more time is needed.
---
3. Key Changes in Pectra
The upgrade brings several important Ethereum Improvement Proposals (EIPs):
A) User Experience Improvements
✅ EIP-7702 – Account Abstraction Enhancements
Introduces a new transaction type to improve wallet functionality.
Helps smart contract wallets interact seamlessly with externally owned accounts (EOAs).
Makes Ethereum wallets more flexible and user-friendly.
B) Staking Upgrades
✅ EIP-7251 – Validator Stake Cap Increase
Raises the validator stake cap from 32 ETH to 2,048 ETH.
Allows for larger validators, reducing the total number of validators and helping with network efficiency.
This could consolidate staking among larger players but also improve validator rewards and network performance.
C) Scalability Enhancements
✅ EIP-7691 – Increased Blob Capacity
Boosts the maximum blob count per block to improve Ethereum’s rollup scalability.
Helps reduce gas fees for Layer 2 rollups, making transactions cheaper and faster.
---
4. What’s Next for Ethereum?
Hoodi testing continues: Developers and staking operators will evaluate Pectra’s performance.
If no major issues arise, Ethereum’s mainnet activation could happen in late April, or be postponed to May or June.
Holesky will be deprecated later in 2024, making Hoodi a key long-term testnet for Ethereum.
---
5. How This Impacts Ethereum
Better User Experience: Wallets will become easier to use.
Staking Changes: Large validators might gain more influence, but rewards may become more efficient.
Scalability Boost: Rollups and Layer 2 solutions will benefit from cheaper transactions.
The Pectra upgrade represents a major step forward for Ethereum’s evolution, paving the way for a more efficient, scalable, and user-friendly blockchain.
Would you like insights on how this could impact ETH’s price and staking dynamics?
#Ethereum #testnet #TestnetLaunch