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The SEC might be entering its cool era

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Plus: The AI was just people in a call center

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GM. Stirred, not shaken - today’s crypto cocktail is equal parts chaos, hopium, and a dash of wtf was that.

🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $2.65T 4.09% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $83,023.60 4.53% -0.61%
Ethereum Ethereum ETH $1,571.77 4.17% -12.67%
XRP XRP XRP $2.02 3.37% -5.08%
BNB BNB BNB $588.51 2.86% -1.16%
Solana Solana SOL $120.28 9.82% -1.18%
Prices as of 12:00 PM EST. Click here to see live data.

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🥝 Memecoin harvest

Today’s leaderboard: powered by memes, fueled by delusion.

Data as of 13:10 AM EST.

Check out these memecoins and plenty more here.

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🍋 News drops

The juicer’s working again - and here’s what’s been freshly squeezed since we last talked:

📣 Crypto’s got a fan at the SEC

Paul Atkins is officially the new head of the SEC, confirmed by the Senate with a 52-44 vote.

He wants to make clear, easy-to-follow rules for crypto and seems ready to keep building ties with the industry.

Finally, my dudes, finally...

Full story here

🚫 DeFi rule canceled

Donald Trump canceled a rule that would’ve made DeFi platforms report user data to the IRS.

Crypto advocates said it was way too invasive and bad for innovation.

Full story here

🚚 Aavegotchi is getting Based

Over 93% of the Aavegotchi community voted to leave Polygon and move to Base, an Ethereum Layer-2.

The team said Polygon’s falling behind, and Base looks like a better fit for long-term growth.

Full story here

Bye

🪑 Welcome to Victimville

Sam Bankman-Fried has been moved to a prison in California known as Victimville.

Why the name? Well, violence and gang-style groupings are pretty common there.

Full story here

🤖 The AI was… just people

Albert Saniger, the founder of a shopping app called nate, told investors it had AI that could handle online shopping from start to finish. He raised $40M off that pitch.

In reality, tho', real people in a call center in the Philippines were manually placing orders.

Now, Saniger's facing fraud charges that could land him in prison for up to 40 years.

Full story here

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🍌 Juicy memes

BTC over 80K

Source: @TheCryptoLark

I was rich when we elected Trump

Source: @dubzyxbt

Crypto dumping after I buy

Source: @dogeofficialceo

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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