⚔️ Crypto’s Battlegrounds: Who’s Winning the Fight?

LATEST GAINERS 📈

STOCKS

MICRO VOLUME CRYPTO

CRYPTO

LATEST LOSERS 📉

STOCKS

MICRO CRYPTO

CRYPTO

🚀 Maker DAO (MKR): +45% – DeFi revival? Maker’s surging like it just guzzled a rocket fuel smoothie.
📈 Celestia (TIA): +17% – Modular blockchain hype is real, and investors are clearly buying in.
📈 Sei (SEI): +13% – Layer-1 rumblings continue—looks like next-gen blockchain is the play.
📉 Official Trump (TRUMP): -10% – Not even a memecoin with a suit can dodge the volatility.
📉 BONK (BONK): -8% – Solana’s meme scene sobers up… for now.

The MVRV Is OP

• MVRV (Market Value to Realized Value) is basically a fancy way of checking if hodlers are sitting pretty or crying into their keyboards. 

• If it’s high, things might be overcooked, and people could start dumping bags—if it’s low, you might be looking at a discount rack full of future gains.

Ethereum's 60-Day MVRV: A Bargain or Just Pain?

• ETH’s 60-day MVRV is chilling in the red at -9.96%, which means most recent buyers are down bad—historically, the perfect time for a rally after the paper-handed crew bails. 

• If past trends hold up, this could be one of those sneaky accumulation zones before ETH decides to wake up and melt faces again.

Market Overview

The crypto market’s pulling off its best balancing act yet:  Bitcoin’s back above $98K, and 💸 Ethereum gas fees finally dipped—though that might be because 🤔 nobody’s using it. Meanwhile, 🏦 Strategy (formerly MicroStrategy) went on another BTC shopping spree, dropping $2B on Bitcoin. 🔻But not everyone’s clapping, since they also laid off 20% of their staff.

🚩In other news, politics and crypto continue to be a messy combo.
🇦🇷 Argentina’s President Javier Milei is under fire for allegedly pumping $LIBRA token (spoiler: it crashed). Now, he’s facing calls for impeachment because, surprise, being linked to a pump-and-dump isn’t the best look for a world leader.

News That Caught Our Attention

📌 Nigeria Wants $81.5B from Binance

• The government’s coming in hot, claiming the exchange owes billions in unpaid taxes and economic damages.

• Binance says it’s cooperating, but this is a neon sign that regulators are tightening the reins worldwide.
  👉Here’s a great breakdown of what’s at stake (Reuters)

📌 86% of LIBRA Traders Lost Over $1K Each

• 13,000 investors torched $251M in the memecoin meltdown.

• Argentina’s President Milei gave it a quick social media boost, then ghosted.

• Biggest losers? Everyday traders. Insiders? Cashed out.
  👉Was this just another memecoin rug, or is there more to the story? (Cointelegraph)

📌 Coinbase & a16z Fight Back Against IRS DeFi Rule

• The IRS wants DeFi protocols to collect and report user data, and they’re not asking nicely. 

• The crypto industry is, however, pushing back, warning that this rule could drive DeFi projects offshore, away from U.S. regulation. 

• But there’s hope, as bipartisan support in Congress suggests the regulation might actually get repealed. Well, fingers crossed. (The Defiant)

📌 Indian Authorities Seize $190M in BitConnect Case

• The ED (Enforcement Directorate) just pinned down wallets linked to the notorious Ponzi scheme. 

• They also seized a black Lexus and about $15,500 in cash, which is just a drop in the ocean compared to the $31B stolen.
  👉Here’s how they’re tracking down the rest (Decrypt)

📌 Crypto Firms Must Go Public for Wall Street’s Trust

• At Consensus Hong Kong 2025, big names like BitGo and Bullish made it clear: IPOs are the next step for true transparency in crypto. 

• Even Gemini hinted at going public, looking to ride the wave of pro-crypto sentiment sparked by the Trump administration’s policy changes.
  👉Could crypto IPOs be the next big trend? (CoinPaper)

📌 Binance.US Reintroduces USD Services as Pro-Crypto Sentiment Grows

• Bank transfers, fee-free withdrawals, and BTC-USD trading are back.

• The SEC just paused its lawsuit against Binance. Could this be a sign of a regulatory tone shift?

• Meanwhile, Senator Warren is calling for an investigation into debanking crypto firms.

• 2025 is shaping up to be a weird year for crypto. (TheStreet)

🔥 Featured: Dave Portnoy Rugs Audience. Twice.

Dave Portnoy pulled off his signature pump-and-dump routine, this time with GREED and then GREED2. First, he held a fat chunk of GREED—about 35%—dropped it an hour post-launch for a cool $258k, and sent the token’s price into a nosedive. Someone lost $101k in three hours.

Then he repeated the stunt with GREED2, scooping up over a quarter of its supply, briefly sending the market cap above $28 million before the inevitable crash. 

Resources We Liked This Week

🧩 DeBank's RubyScore: Rate your Web3 life! DeBank’s new system measures your authenticity, activity, and overall on-chain clout.
➡️ Are you Web3 royalty or just another anon? (DeBank)

DeFi Risk Assessment Guidelines by EEA: If you’re DeFi-curious (or DeFi-crazy), these guidelines are a must for protecting your precious crypto.
➡️ Don’t get wrecked—read up. (EEA)

Which Countries Are Hodling BTC: Some governments are quietly becoming Bitcoin whales, either by buying, mining, or seizing assets.
➡️ Find out who is doing what. (daytrading.co)

🤣 The Memeing of Life

Day Trading on X This Week:

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