Not everyone gets to be a winner unless they choose to be. Winning is a mentality! (weekly crypto updates)

​

What happened in crypto over the past 2 weeks? Bitcoin goes up, up and away. Ethereum seems to follow after the Pectra upgrade. Solana is doing well, and the stablecoins are quite centralised. Some yellow-haired guy is still making noise, but crypto people got bored by now, and they do not care about it. Maybe the justice system should check on it. What else? Read below:

• Bitcoin: Tether is working to combine AI with crypto payments to provide direct payments in BTC and USDT. Brown University quietly bought $5M of the BlackRock Bitcoin Spot ETF. Strategy outbuys the Bitcoin miners, with another 15.335 BTC last week, for the fourth straight week. The BTC mining powerhouse Riot sold 475 BTC in April, generating $38.8M in proceeds. They still hold over 19.000 BTC in their treasury. El Salvador now holds 6170 BTC, and CZ is thinking that Bitcoin will reach $500K-1M this cycle. Two Satoshi-era Bitcoin whales moved 3422 BTC after 10 and 12 years of dormancy. This Q1 alone, we had over 62.000 BTC older than 7 years moved from the main wallets. Apparently, despite the Federal Reserve keeping interest rates unchanged, people do not care about the US role anymore, and BTC decided to go over 6 digits. There are ups and downs there, and the Arizona Governor vetoed the bill to invest seized funds in Bitcoin, while New Hampshire has become the first US state to approve a BTC Reserve for public funds. Revolut is preparing to launch Bitcoin Lightning payments using Lightspark.

​

• Ethereum: Even the ETH whales are waking up, as one early Ethereum investor sold 5200 ETH in one hour, cashing up over $9M, with a total of 21700 ETH sold since April 17 for an average of $1792. I was even more skilled, bought at $1675, sold at $2000, the very next day, ETH went up to $2600. I could have done x3 times more profit. Yet, this is life. I wait once more for ETH to drop under $1700. If ever! As ETH's latest update, Pectra went live, we now have smart accounts, raised validator limits and increased blob capacity, but also new attack vectors for hackers to empty our accounts with the new UX improvements. Pectra is setting up the stage for future scaling via the L2 roadmap. You can stake up to 2048 ETH on a node now. So, yeah, ETH literally pumped 39% up right after I sold mine. There is some FOMO, as Abraxas Capital from London just bought 185309 ETH off the major platforms in just three days. We are talking about $400M here. And just like that, Ethereum market cap surpassed the Coca-Cola one, with $309B as opposed to $303B.

​

• Altcoins and stablecoins: If you are using the Arkada website for the Soneium airdrop already, you can link that with the RhinoFi bridge and gain some Rhino points, just in case we get an airdrop coming soon. And about CZ, this guy is relentless. After Pakistan, he is now an official advisor for the Kyrgyzstan National Investment Agency, helping them to build a crypto treasury starting with Bitcoin and BNB. Even VanEck submitted the paperwork for a spot BNB ETF. Standard Chartered is targeting $2775 for BNB for 2028. Could this one outperform ETH and BTC long term? Or is it just targeted advertising? Ripple stablecoin RLUSD is being accepted on Gemini. We are told that Tron is pushing block efficiency to an ATH of 99.7%, and the price is still the same. Wonder why? Ethena launched USDe on both the Hyperliquid exchange and the HyperEVM. If you are unsure where blockchains get the money, three control 94.6% of all stablecoins. We have Ethereum with 57.4%, Tron with a puzzling 31.9% (why?) and Solana with a decent 5.3%. Follow the money, I was told. Solana just fixed a zero-day bug that could have allowed unlimited token minting quite quickly. Stripe is rolling out stablecoin-powered accounts to merchants in over 100 countries, using USDC and Stripe's own USDB.

​

• NFTs and blockchain games: Doodles NFTs sales exploded 97% as they prepare to launch 10B DOOD tokens on Solana. I have enjoyed playing Golem Overlord lately on Hive, and it is quite profitable, I would say, with some significant updates lately. On Splinterlands, we have had the Land NFT new update and improved tokenomics introduced on March 18. The presale of its latest Conclave Arcana collection has started now, and we have top buyers prizes, promo card rewards and even a raffle. Check my Holozing article to learn about a new blockchain game that looks full of potential. I am also playing a cute little game called Chain of Legends, which reminds me of Heroes of Might and Magic, even if the overlap is not 100%.

​

• Good news: Billions flow into tokenisation, with $150B Treasury Fund shares from BlackRock, $500M in tokenised Telegram debt and $3B in real estate from Multibank. And a bit of fun, at Token2049's closing ceremony in Dubai, 1500 drones lit up, claiming a Guinness World Record, while showcasing DOGS and Notcoin tokens with glowing formations. How much did Telegram pay for this show? Morgan Stanley is preparing to offer crypto trading on its eTrade platform.

​

• Bad news: Elon is pumping useless tokens again, as he seems once more to be quite active on Twitterverse. We live in a dog-eat-dog world, and crypto is there more than any other place, as the most notorious ransomware gang, Lockbit, just got hacked, and we are talking about nearly 60.000 BTC here. A cryptic message was all that was left: "Don't do crime CRIME IS BAD xoxo from Prague". Well, nice one, boys! Samourai Wallet lawyers accused the DOJ of hiding key evidence that could have allowed its co-founders to be free of charges. Bad, bad, bad! Coinbase shares fell 3% after the exchange missed Wall Street expectations for the first quarter. Meta is revisiting its stablecoin strategy three years after the DIEM collapse.

​

• Joke of the week: Despite Trump's executive order for a strategic reserve, Arthur Hayes thinks the Bitcoin Bro image might prevent the US Government from purchasing BTC. More than that, some Republicans are annoyed with Donald rewarding TRUMP memecoin whales with a White House dinner. Is the guy treating the White House as his own business? Heck yeah! Fun fact: top 25 addresses, 19 use foreign exchanges, and out of the top 220 holders qualified for the VIP tour, more than half are non-Americans. Thoughts on that? House Democrats are boycotting the crypto hearing on Tuesday, walking out of a major regulation hearing, as they need stronger requirements for foreign issuers and anti-money laundering protections. We have Trump-backed USD1 becoming the 7th largest stablecoin with a jump from $3.5M to $2.2B in two months, 99% of it on BNB, and it is like shouting out money laundering to the whole world, and yet, nobody seems to care. World Liberty needs a visit from the SEC, long overdue. We have a US President scamming people with a potential rug pull. What can we expect? Some national-level fraud? It seems that Trump was also tricked into pushing XRP for the national reserve by a Ripple lobbyist. Good Gracious God, this one believes whatever anyone says!

​

All the best,

George

​

Why not...

...have fun and win rewards on my favourite blockchain games (Splinterlands- a Hearthstone-like card game) (Golem Overlord - a Play2Earn game on Hive) (Upland - a real-life virtual land) (Holozing - a Pokemon-like game)and ( Chain of Legends - with a hint of Heroes of Might and Magic).

...get crypto while writing on the Publish0x blog, using the Presearch search engine to maximise your income with PRE tokens. Use Torum instead of Twitter. I am also writing for crypto on Hive.

Posted Using INLEO