Plus: Is US tech overpriced?
GM. We are the fruit ninja of crypto – slicing by way of 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 at present
What the f..?
We had such a wonderful Friday with main regulatory Ws… however then the market did what it does finest: gave us a cause to be troubled once more.
We’re speaking over $860M in liquidations prior to now 24 hours, and practically each single coin within the prime 50 in pink. And tbh, I am now seeing pink in multiple manner.
Why’s every thing crashing?
Motive No. 1: the Fed’s massive assembly (FOMC) is going on on Wednesday, and everybody’s satisfied they will not decrease rates of interest. Meaning borrowing cash stays costly, so traders would possibly keep away from investing in riskier belongings like crypto.
Motive No. 2:
There’s this new child on the AI block known 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 corporations? 🤨” 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, every time 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 large canines are nonetheless shopping for – so this is likely to be simply one other bump within the highway.
🥝 Memecoin harvest
If the market is a tragic film at present, these memecoins are the comedian reduction.
Title
24H Change
Shytoshi Kusama SHY
▲37K%
FAFO FAFO
▲29.9K%
Kyna KYNA
▲3.5K%
DeepSeek SEEK
▲594%
Knowledge as of 09:20 AM EST.
Take a look at these memecoins and lots extra right here.
You realize these days once you’re this 🤏 near posting a screenshot of your crypto good points simply to sh*t in your highschool bully? Nicely, prolly not at present, however when it does occur, our suggestion is… do not.
‘Trigger generally, the improper folks get the suitable information about you – and all of a sudden, you are dwelling out Liam Neeson’s worst nightmare.
Living proof: Davis Balland, co-founder of Ledger, and his spouse received kidnapped from their dwelling in France final Tuesday and brought to 2 totally different places.
The abductors (set off warning: gross) reduce considered one of 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 subsequent day tied up in a automobile (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 legal 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 expenses that would land them in jail for a lifetime.
Oh, and practically all of the crypto they extorted received traced, frozen, and seized.
And what else is frightening? In line with Jameson Lopp’s “Recognized 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, possibly a bit of, however I actually don’t need 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 Each day Squeeze and let your folks get a style of Web3 sweetness!
Truthful warning, tho’: you’ll have to hold the load of turning 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 beneath 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 information safety authorities advised the World ID mission to pack it up. Instruments for Humanity, the corporate behind the mission, can now not provide Brazilians money or crypto in trade for his or her biometrics.
📱 Confused by 1,000,000 and one crypto apps? We narrowed it all the way down to the true standouts – try our listing and decide your favourite.
🍌 Juicy memes
