🫡 L2 as we knew it is over

Vitalik Buterin said the old idea of “L2 = simple Ethereum scaling” no longer holds.

Ethereum L1 is scaling on its own. At the same time, many L2s are moving too slowly toward full trust minimization.

➡️ If an L2 brings real new properties, it earns its place
➡️ If it doesn’t, it should be treated as a more independent network, not an Ethereum extension

The market will have to reprice what “being an L2” actually means.

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The amount of funds VCs pumped into L2s is astronomical

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This is what the Fear and Greed Index looks like under Trump.

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If market gives you hours at your entry, your entry is probably shit.

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Vitalik Buterin sold roughly 6% of his ETH over the past 2 days, reducing his balance from about 241k ETH to 227k ETH.

The move came right after his public comments that the old “L2 as simple Ethereum scaling” model is effectively over.

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We don't really recommend borrowing to buy risk assets, unless you really know what you are doing.

But this person, did a great job.

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JUST IN: Bitcoin fell below the estimated electrical cost of mining one $BTC, currently around $71,000, with total mining costs estimated at $87,000–$96,000

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Andrew Tate buys $2M worth of Bitcoin

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📣 Thiccy explains why he still couldn’t leave Crypto after ‘making it’

➡️ “When I hit that number, I couldn’t work with the same passion. I was like, what’s the point of this? I took six months off in New York and was doing hobbies, meeting friends, and the real world moves so slowly that I don’t get as much fulfillment from hanging out in it. It feels 10 years behind”

➡️ “I’m so used to a constant dopamine flow and the evolution of ideas and information on the internet that I realized the frontier of humanity is here”

➡️ “There isn’t a more fast-paced, high stakes game. The smartest people are playing games on the internet”

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💥 $2.6B liquidations hit crypto in 24 hours

The market saw $2.6B in liquidations over the last day. About $2.2B came from longs.

Fear and Greed Index dropped to 9, deep in extreme fear.

This kind of flush usually comes from forced selling. Leverage gets wiped, bids disappear fast, and price overshoots on panic rather than logic.

Your move in this selloff?
👍 Buy
👎 Sell
🤝 Just want breakeven and forget this ever happened

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📣 US Congress probes Trump-linked crypto firm

The US Congress has launched an investigation into World Liberty Financial, a company linked to the Trump family.

The trigger was reports of a possible undisclosed deal involving the sale of 49% of the company for $500M to a structure connected to Abu Dhabi.

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🔽 Cardano founder says he’s down over $3B in this cycle

Charles Hoskinson said during a livestream called “Red Days” that his personal crypto holdings are down more than $3B as the market sold off.

The drawdown came with $BTC slipping below $66,000 and $ADA falling to about $0.25, roughly 92% below its 2021 peak.

Hoskinson said he has not cashed out and framed the loss as proof of long term commitment to crypto. He contrasted his situation with past industry scandals and stressed having real skin in the game.

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📈 Unusual demand for $BTC

Large buy volumes are being recorded on Coinbase and Binance.

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30 million new tokens were created in 2023 - 2025

10x the number vs. 2018 - 2022

50% came from PumpFun and had zero pretense of utility

In that period, total market cap of crypto sans-Bitcoin + stablecoins never exceeded last cycle high.

It’s basically been one giant closed system for “Web 3” since 2023.

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The moment when the winds of fortune reversed

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