Plus: Is US tech overpriced?
GM. We are the fruit ninja of crypto – slicing by the mess to serve solely the good things.
🚔 The police arrested seven folks suspected of kidnapping the co-founder of Ledger.
🍋 Information drops: Brazil bans World ID, Breaking Dangerous actor’s X account will get hacked in crypto rip-off + extra
🍍 Market taste as we speak
What the f..?
We had such a wonderful Friday with main regulatory Ws… however then the market did what it does greatest: gave us a cause to be troubled once more.
We’re speaking over $860M in liquidations previously 24 hours, and almost each single coin within the prime 50 in crimson. And tbh, I am now seeing crimson in a couple of means.
Why’s every part crashing?
Cause No. 1: the Fed’s huge assembly (FOMC) is occurring on Wednesday, and everybody’s satisfied they will not decrease rates of interest. Which means borrowing cash stays costly, so traders would possibly keep away from investing in riskier belongings like crypto.
Cause No. 2:
There’s this new child on the AI block referred to as DeepSeek – principally China’s reply to ChatGPT. However this is the enjoyable half:
This made traders go like, “Wait a rattling minute… Are we overpaying for US tech firms? 🤨” and dump a bunch of US shares.
And analysts have observed this development: when the US inventory market sneezes, Bitcoin and the remainder of the crypto market catch the flu.
However hey, at any time when issues go south like that, have a look at Michael Saylor. My man’s again at it once more – MicroStrategy purchased one other 10,107 BTC for $1.1B.
TL;DR:
Market crash? Hurts.
Excellent news? We’re nonetheless alive (yay?..), and the massive canine are nonetheless shopping for – so this is perhaps simply one other bump within the street.
🥝 Memecoin harvest
If the market is a tragic film as we speak, these memecoins are the comedian aid.
Title
24H Change
Shytoshi Kusama SHY
▲37K%
FAFO FAFO
▲29.9K%
Kyna KYNA
▲3.5K%
DeepSeek SEEK
▲594%
Information as of 09:20 AM EST.
Try these memecoins and lots extra right here.
You already know these days if you’re this 🤏 near posting a screenshot of your crypto beneficial properties simply to sh*t in your highschool bully? Effectively, prolly not as we speak, however when it does occur, our suggestion is… do not.
‘Trigger typically, the fallacious folks get the fitting information about you – and all of the sudden, you are residing out Liam Neeson’s worst nightmare.
Working example: Davis Balland, co-founder of Ledger, and his spouse received kidnapped from their residence in France final Tuesday and brought to 2 completely different areas.
The abductors (set off warning: gross) minimize one among his fingers off and despatched it to his affiliate to demand a crypto ransom – a part of which was really paid.
This horror present continued till the police freed him on Wednesday and received him to a hospital for his accidents. His spouse was discovered the following day tied up in a automotive (fortunately in any other case unhurt).
The cops took 10 suspects into custody late Thursday – most of them had been already on the police’s radar for prison stuff, although none had been concerned in gang-style crimes earlier than.
Since then, three received launched, however the remaining seven (most of their early 20s btw) at the moment are dealing with fees that might land them in jail for a lifetime.
Oh, and almost all of the crypto they extorted received traced, frozen, and seized.
And you realize what else is horrifying? In accordance with Jameson Lopp’s “Identified Bodily Bitcoin Assaults” archive, seven different bodily assaults involving crypto have already been documented in 2025 alone.
I am not sharing this simply to terrify you… okay, perhaps just a little, however I actually don’t desire you to be a part of this statistic.
Kendrick Lamar would not say issues simply to say issues. Sit down, be humble.
Liking the juice? 🍋 Don’t gatekeep this one – share the Every day Squeeze and let your mates get a style of Web3 sweetness!
Honest warning, tho’: you’ll have to hold the load of changing into a hero.
🍋 Information drops
🤔 Is altcoin season over? Analyst Ali Martinez factors on the market at the moment are over 36M altcoins floating round – in comparison with underneath 3K again in 2017 – and with that many cash within the combine, it is laborious to see all of them popping off like they used to.
🚨 The X account of Dean Norris, aka Hank Schrader from Breaking Dangerous, was hacked to advertise a faux memecoin. Hackers even posted a video of him saying, “It is actual,” which could’ve been a deepfake or a misused cameo.
🇧🇷 Brazil’s knowledge safety authorities instructed the World ID undertaking to pack it up. Instruments for Humanity, the corporate behind the undertaking, can not provide Brazilians money or crypto in trade for his or her biometrics.
📱 Confused by one million and one crypto apps? We narrowed it all the way down to the actual standouts – take a look at our checklist and choose your favourite.
🍌 Juicy memes
