Newsletter #344 - BTC Hits $100K (again)

Gm,

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Bitcoin has breached $100k once again! Congratulations, you made it through the great bear market March/April 2025.

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The US has been a focal point of this recent run. Individual states are building their own reserves. It is happening.

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Regardless of what the Bitcoin price is, there will always be some mental illness floating around. What is this?

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If you are looking for some “diamond hands” inspiration, check out this next guy. This is some S-tier HODLing.

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However a quick shoutout to one man who is definitely not enjoying this pump. He tried to HODL but was rugged by his landlord. RIP.

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Remember why we need Bitcoin.

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We also need it for regular drama on the timeline.

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James Wynn has been making waves recently. He is playing with sizeable positions and just can’t seem to lose.

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Case in point.

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Hyperliquid.

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To ETH next. For the first time in years, it had a 20%+ gain on daily chart.

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But it’s still performing terribly.

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What happens next is critical.

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We never thought we would see a balanced take from Gainzy, yet here it is.

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Ethereum holders should be thanking him.

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Speaking of the trenches, PumpFun is generating more fees than a whole chain. You cannot escape the degeneracy.

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Those of you who get your news from Dexscreener will have got wind there is a new Pope. This next post is big if true.

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Many in the Solana trenches were shocked by the news that the Zerebro dev allegedly took his own life. RIP.

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However, the key word there is “allegedly”. The on-chain sleuths found some shenanigans.

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Out traded by a dead guy. NGMI.

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When it comes to good trades, imagine being bombarded by an account called Sniff for over a year. All he offered were smells for Solana. The lore is exceptional.

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To business news. One CT member spotted something suspicious going on at OxFun.

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We are still bearish on prison in general but Su might be able to offer Alex Mashinsky tips for life behind bars. The Celsius founder is going away for quite some time.

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