Despite market turmoil, whales are actively rotating into Solana meme coins - dumping $TRUMP and snapping up $FARTCOIN, which saw the largest net inflows of $778K. The wallet wif.sol alone acquired 4.6M FARTCOIN after selling 10 WBTC, signaling growing conviction. Meme rallies, though irrational, are once again driven by whale games and retail nihilism as stocks crash.
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As the U.S.–China trade war escalates, Trump remains bullish, urging Americans to “be cool” and see opportunity in the chaos. After imposing a record 104% tariff on Chinese imports, Beijing struck back with an 84% tariff on U.S. goods. Markets sank, crypto bled, but Trump called the tariff war a “legendary success,” claiming countries are “begging” for a deal. Despite the turmoil, he doubled down: “The USA will be bigger and better than ever before.”
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The team behind the MELANIA meme coin reportedly transferred $30M from community funds and began offloading tokens across exchanges, according to Bubblemaps. With no public comment and 92% of supply in team-linked wallets, the token has now plunged over 96% from its peak, sparking major concerns about transparency and decentralization.
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Binance has launched its fourth Megadrop event featuring KernelDAO, a collective restaking platform on BNB Chain. The campaign runs from April 9 to April 13, with KERNEL token trading starting April 14. Only 16.23% of the total 1B supply will be in initial circulation. Binance continues to expand with new launches and integrations like Apple Pay and Google Pay via Worldpay.
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Michael Saylor’s firm Strategy may be forced to sell some of its 528,185 BTC holdings at a loss to cover debt, as per a new SEC filing. With $8B in debt and $150M in annual dividends, financial pressure is mounting. The company bought 275,965 BTC since Nov 2024 at $93,228 avg. – that chunk alone is now $4.6B underwater. If Bitcoin drops further below $67,458 avg. cost, a forced sale could accelerate bearish pressure.
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A sharp $326M outflow from spot Bitcoin ETFs hit Tuesday, the steepest pullback in nearly a month, as institutional investors braced for Trump’s sweeping 104% tariffs on Chinese imports. BlackRock’s ETF led the drawdown with a $253M loss, its third-worst day ever. The move comes amid escalating U.S.–China trade tensions, prompting large-scale de-risking and sending Bitcoin down to $75K before rebounding slightly.
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Immutable (IMX), the last major gaming token in the top 100, has now dropped out — marking a symbolic collapse for the GameFi sector. Just a year ago, six gaming tokens held strong with a combined $29.3B market cap. Today? Only $9.2B remains.
- IMX fell 87% in a year, now ranks 103rd — losing VanEck’s top-25 bet.
- GALA, SAND, PIXEL, NOT, and even fresh launch GUN all posted heavy losses.
- The core issue: most games don’t need a token to succeed anymore.
- New AAA crypto games like Illuvium, Shrapnel, and Deadrop focus on gameplay, not pump mechanics.
- The industry is splitting: real games with optional Web3, vs. casino-style DeFi loops.
GameFi isn’t dead — but speculative tokens no longer guarantee success. Gameplay wins again.
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🇹🇭 Thailand Bans Foreign P2P Crypto Services
New rules prohibit unlicensed foreign crypto platforms from offering P2P services in Thailand.
Fines up to $8.7K and 3 years in jail await those using “mule accounts.”
Authorities will also hold banks, telecoms, and social platforms accountable if they don’t act.
At the same time, Thailand is piloting crypto payments in Phuket and officially allows USDT use.
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New rules prohibit unlicensed foreign crypto platforms from offering P2P services in Thailand.
Fines up to $8.7K and 3 years in jail await those using “mule accounts.”
Authorities will also hold banks, telecoms, and social platforms accountable if they don’t act.
At the same time, Thailand is piloting crypto payments in Phuket and officially allows USDT use.
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Wunder.Social has secured $50 million in funding from Rollman Management to build a blockchain-based social network focused on user verification and ad revenue sharing. Former TikTok marketing director Ryan Martin joins as CMO ahead of the token launch later this month.
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Silk Road founder Ross Ulbricht will make his first public appearance at the upcoming Bitcoin Conference in Las Vegas. Pardoned by President Trump in January, Ulbricht plans to deliver a speech reflecting on his case and Bitcoin’s early days. His presence is expected to draw massive attention ahead of the late May event.
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TRON has racked up over $900 million in fees in just four months, signaling soaring demand. Fueled by a $396M stablecoin inflow and dominating exchange transfers, TRON now hosts $67.27B in stablecoin value and boasts 2.5M active wallets—second only to Solana.
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Cardano founder Charles Hoskinson predicts Bitcoin could soar to $250,000 by late 2025, arguing that crypto will thrive as trade wars dismantle legacy banking. He sees tariffs as ineffective in the long term and expects a flood of capital into crypto once markets stabilize.
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The US dollar slid to its weakest level in over ten years, triggering a flight to gold and foreign currencies. Wall Street reversed its relief rally: S&P 500 dropped 3.5%, Nasdaq 4.3%, and the Dow lost 1,000 points. Trump's surprise 90-day tariff pause briefly lifted sentiment, but bond yields surged and recession fears deepened.
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DeFi protocol Morpho Blue suffered a $2.6M loss after a front-end vulnerability was exploited by arbitrageur c0ffeebabe.eth. Funds were redirected to a secure wallet, with the team confirming a swift fix and reinforcing security measures. The community remains on alert.
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President Trump has signed the first U.S. crypto law, overturning the IRS’s DeFi broker rule. The bipartisan repeal is hailed as a major win for the industry and a shift toward more pro-innovation regulation.
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Vitalik Buterin has unveiled a plan to make Ethereum more private without overhauling the protocol. His roadmap includes wallet-level tools like Railgun, address rotation, private transfers, and mixnets—aiming to shield user activity across apps.
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EVM-compatible blockchain Monad has surpassed 150 million testnet addresses, adding over 5.5M in a day. Backed by a $225M Paradigm-led raise, the project focuses on scalability, with tech upgrades like parallel execution driving massive adoption.
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Sam Bankman-Fried, former FTX CEO, has been moved to a high-security prison near Victorville, California—considered one of the most violent in the state. Experts describe it as harsh, racially segregated, and dominated by prison gang politics.
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BlackRock’s crypto ETFs pulled in $3.35B in Q1 2025—down 83% from Q4 but still outperforming peers amid recession fears and tariff volatility. Despite the drop, they accounted for most positive flows in the sector, while crypto remains under 0.5% of BlackRock’s $11.6T AUM.
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SEC Sides with McDonald’s in Rejecting Shareholder Bitcoin Treasury Proposal
The SEC has allowed McDonald’s to dismiss a proposal by conservative shareholders urging the company to add Bitcoin to its treasury. The fast-food giant argued the matter falls under “ordinary business operations,” and the SEC agreed, stating it won’t pursue enforcement if the topic is excluded from May’s shareholder meeting.
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The SEC has allowed McDonald’s to dismiss a proposal by conservative shareholders urging the company to add Bitcoin to its treasury. The fast-food giant argued the matter falls under “ordinary business operations,” and the SEC agreed, stating it won’t pursue enforcement if the topic is excluded from May’s shareholder meeting.
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