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February 11, 2025

📊Crypto Market Pauses as Investors Assess Uncertainty

GM Defiers!

Crypto markets remain on edge as investors digest the impact of President Trump’s tariff announcements. Last week, investment inflows surged to $1.3 billion—more than double the prior week—pushing year-to-date totals to $7.3 billion.

Berachain’s high-FDV, low-float token model sparked debate after BERA plunged 63% post-airdrop. In other news, Dave Portnoy added to the memecoin frenzy, sending JAILSTOOL soaring past a $200 million market cap after endorsing the token.

✍️ In today’s newsletter:

  • Crypto market stalls as traders weigh macroeconomic uncertainty
  • Dave Portnoy’s endorsement sends JAILSTOOL memecoin soaring
  • CAR memecoin briefly soars to $900 million
  • Pump.fun co-founder refutes Wu Blockchain’s claims about token launch
  • Berachain backlash fuels debate over low-float, high-FDV model
  • Blockchain sleuths say Base is sending L2 fees to Coinbase
  • ETH surpasses BTC in weekly digital asset fund inflows
  • CZ says Binance’s token listing process is ‘broken’
  • Proton Mail unveils self-custodial BTC wallet

🙏 Sponsored

📈 Markets in the last 24 hrs:

🎬WATCH

Catch up on our podcast with Kain Warwick, founder of Synthetix and Infinex, as he discusses the evolution of DeFi and the trade-offs required to improve user experience while maintaining decentralization.

THANKING OUR NEWSLETTER SPONSORS

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📊Crypto Market Stalls as Investors Weigh Macroeconomic Uncertainty

The crypto market showed little momentum Monday as investors weighed the impact of tariffs from President Donald Trump. BTC edged up 1.3% to $97,300, while ETH gained 1.1% to $2,670

💰Dave Portnoy’s Endorsement Sends JAILSTOOL Memecoin Soaring

Barstool Sports founder Dave Portnoy sparked a rally for JAILSTOOL, a memecoin calling for his own imprisonment, after endorsing it in a Feb. 8 X post. The token’s market cap surged past $200 million.

🚀Central African Republic Memecoin Briefly Rockets to $900 Million, But Red Flags Remain

A memecoin allegedly launched by the Central African Republic (CAR) saw its market cap skyrocket to $900 million before plunging to $60 million.

SPONSORED POST

the-defiant

Okto serves as the premier mobile gateway to Hyperliquid, a leading decentralized exchange, offering seamless spot and futures trading. With over 400,000 downloads, Okto simplifies access to Hyperliquid’s liquidity and advanced trading tools. Its cross-chain functionality, powered by the Okto Layer, ensures smooth asset management across EVM and non-EVM chains. The self-custodial wallet prioritizes security while providing real-time trade notifications and a mobile-first experience. Okto’s SDK bridges Web2 and Web3 development, and upcoming HyperEVM integration will enhance its capabilities. Additionally, Okto’s high-yield referral program rewards users significantly. By combining ease of use with Hyperliquid’s infrastructure, Okto delivers a Binance-like trading experience with full self-custody, making DeFi trading more accessible and efficient for mobile users.

READ MORE: Okto: The Phantom of Hyperliquid

🗣️Pump.fun Co-Founder Denies Wu Blockchain Reports About Token Launch

Pump.fun co-founder Alon Cohen dismissed Wu Blockchain’s reports of an imminent token launch but hinted that one could be in the works.

🔊Berachain Backlash Sparks Debate Over Low Float, High FDV Token Model

Berachain’s mainnet launch and token airdrop have sparked debate over the low-float, high-FDV token model. BERA initially surged 71% to a $1.4 billion market cap before dropping 63%, with concerns mounting over its token allocation.

🕵🏻‍♂️Blockchain Sleuths Say Base is Sending All L2 Fees to Coinbase

Base, Coinbase’s Ethereum Layer 2 network, faced criticism on X for allegedly transferring all sequencer fees to the exchange instead of keeping them on-chain.

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Central to Pulse is the Smart Wallet, offering 100% self-custody and secure, direct wallet-to-wallet messaging. Powered by Account Abstraction (ERC-4337) and Zero-Knowledge Proofs (ZKProofs), it ensures top-tier security and privacy. Features like multi-signature access, social recovery, gasless transactions, and device-based passkeys simplify onboarding and asset management.

With support for Ethereum, Base Chain, and more, Pulse provides flexibility across chains. Incentives like $PULSE token rewards and gas refunds enhance the experience.

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📈Ethereum Outpaces Bitcoin as Digital Asset Fund Inflows Hit $1.3 Billion

Digital asset investment inflows surged to $1.3 billion last week. ETH led the way with $793 million in inflows, outpacing BTC’s $407 million.

📢CZ Says Binance’s Token Listing Process is ‘Broken’

Binance founder Changpeng “CZ” Zhao called the exchange’s token listing process “broken,” citing price surges on DEXs before listings on Binance.

✉️Proton Mail Launches Self-Custodial Bitcoin Wallet

Privacy-focused email provider Proton has launched a Bitcoin-only wallet designed for security and ease of use with end-to-end encryption.

SPONSORED POST

the-defiant

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🌍 ELSEWHERE

  • Strong appetite for crypto insurance as digital assets become increasingly popular (GlobalData)
  • SEC puts Binance lawsuit on ice, citing new crypto task force (Fortune)
  • Solo Miner Hits Jackpot With $300K Bitcoin Block Reward (CoinMarketCap)

🔥TRENDING