- Crypto Club 23
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- đź“°Whales, Wallets & Washington
đź“°Whales, Wallets & Washington
Tracking whales, watching wallets, and decoding Washington.
Take a Swing at What’s Next in Crypto
When you’re teeing off, you square up your shot for the best drive — the same goes for your financial future.
Our $3 report includes our #1 Coin for the market right now, including a step-by-step guide on how to trade it.
Learn to manage risks, make smarter plays, and aim for better outcomes.
📊 Market Overview
Bitcoin led the market lower this week, dropping 2.5% to $110,090 as fading hopes for U.S. rate cuts and political turbulence weighed on sentiment. Ethereum slid 5.4%, XRP fell 4.5%, and Solana lost 2.6%.
👉 Takeaway: Macro uncertainty and U.S. politics remain the biggest forces driving crypto prices.
🔑 Top Stories
🔵 Ethereum On-Chain Surge
Ethereum had its strongest month in years. Smart contract use and transfer volumes hit 2021 levels, while ETH held above $4,300, supported by heavy whale activity in DeFi.
🟡 Chainlink + Pyth Bring U.S. Data On-Chain
Chainlink (LINK) and Pyth are now streaming official U.S. Department of Commerce data directly on-chain — a milestone for building financial-grade smart contracts.
🟣 ARK Invest Doubles Down on BitMine
Cathie Wood’s ARK Invest added $15.6M to its BitMine stake despite the stock dip, signaling institutional conviction in Ethereum infrastructure.
đź”´ Binance Futures Back Online
After a brief outage, Binance restored futures trading on its UM platform (USDT- and USDC-settled contracts). Derivatives stability remains key as trading volumes stay elevated.
🟢 El Salvador Strengthens BTC Custody
El Salvador moved 6,274 BTC (~$678M) into 14 wallets (max 500 BTC each) to reduce quantum risk exposure. A cautious but notable security upgrade.
🟠Trump Family’s $6.4B Crypto Play
The Trumps unveiled a $6.42B venture including:
$1B in CRO tokens
$200M in cash
$5B equity line of credit
The project will integrate Crypto.com infra and launch CRO-based rewards on Truth Social. Eric Trump is set to promote it across Asia.
🟡 XRP ETF Buzz vs. Liquidity Woes
ETF speculation is heating up with Grayscale and Bitwise filings, but XRP’s AMM liquidity dropped to 11.7M tokens locked, raising DeFi concerns.
🟢 Presale Heat: Layer Brett & Remittix
Layer Brett (LBRETT): Raised $2M from 5K+ holders. Low-fee Layer-2 with staking + NFT utility. Hype is calling it a possible “100x play.”
Remittix (RTX): Raised $21.8M. A PayFi token powering crypto-to-fiat transfers in 30+ countries. Analysts flag it as a top utility-driven project.
⚡ Quick Hits
BTC & Market Dip → BTC -2.5%, ETH -5.4%, XRP -4.5%
Ethereum Surge → On-chain traffic hits 2021 highs
Chainlink + Pyth → Official U.S. data goes on-chain
ARK & BitMine → $15.6M more into ETH infra
Binance Futures → Fully restored post-outage
El Salvador → 6,274 BTC redistributed for security
Trump Expansion → $6.4B CRO-powered plan
XRP ETF & Liquidity → Hype grows, liquidity weakens
Layer Brett → $2M raised, 5K+ holders
Remittix → $21.8M raised, PayFi adoption growing
📚 Crypto Basics: What Are Stablecoins and Why Do They Matter?
When people first hear about crypto, the first coin that comes to mind is usually Bitcoin. But Bitcoin swings up and down like a rollercoaster — great for traders, stressful for beginners. That’s where stablecoins come in.
đź’ˇ What is a Stablecoin?
A stablecoin is a cryptocurrency that’s designed to stay stable in price. Instead of jumping like Bitcoin or Ethereum, its value is usually tied to something steady — like the U.S. dollar.
For example:
USDT (Tether) → 1 USDT = $1
USDC (USD Coin) → 1 USDC = $1
No matter what the market is doing, these coins are meant to hold their value.
🔑 Why Stablecoins Are Important
Everyday Transactions – In countries with high inflation (like Venezuela or Argentina), people use stablecoins as digital dollars to protect their money.
Trading Made Easy – Traders park their profits in stablecoins when they want to avoid volatility.
Cheaper & Faster Payments – Sending USDT across borders can be quicker and cheaper than using banks.
⚠️ But Be Careful…
Not all stablecoins are equal. Some are fully backed by real dollars in reserve (like USDC), while others face questions about whether they truly hold enough assets. Always research before trusting a stablecoin.
👉 Lesson: Stablecoins are the bridge between traditional money and crypto. If you’re starting out, they’re often the safest way to step into the crypto world without being thrown around by Bitcoin’s wild price swings.