So apparently the wisdom of the crowds has decided Bitcoin is not touching $100K before year-end. Prediction markets are betting against it. Cool story. Meanwhile, crypto ETFs casually pulled in $700M in inflows, the 2nd biggest week in the last six. TradFi money is tiptoeing in like “I don’t believe in this… but also don’t leave me behind.” 🤡📈 Altcoins? They’re doing that classic move where they stop bleeding just long enough for everyone to whisper “is this it?” Weekly losses trimmed, some green candles sneaking in. And then there’s GameFi, which clearly did not receive the recovery email—except for one absolute main character. 🎮 GameFi: Mostly pain, one giga-chad While the sector naps, Power Protocol (POWER) decided it’s allergic to gravity and sent +110% in a week. Why? Ronin Network collab ✅ Binance Alpha listing ✅ That’s it. That’s the tweet. Sometimes all it takes is the right buzzwords and a Binance logo. The rest of GameFi? Market cap dipped 1% to $9B, and volume got absolutely rugged, down 77% to $1.3B. The trenches are quiet. Too quiet. Fear & Greed crawled from 25 → 29, which in crypto terms is like going from “existential dread” to “mildly less dead inside.” 🕹️ Meanwhile in Web3 gaming land… TRUMP meme coin is launching a GameFi play called Trump Billionaires Club with a $1M prize pool in TRUMP tokens. Walletless onboarding, NFTs, Open Loot-powered. Yes, this is real life. The Blockchain Gaming Alliance says confidence is up to 66%, as studios ditch pure speculation and try this wild new thing called sustainability. Elixir Games is backing Alea, a sweaty, skill-based arena shooter. Less ponzinomics, more “git gud.” Funding undisclosed, vibes competitive. 📊 Weekly scorecard (aka who pumped, who got dunked on) Top Gainers POWER: +109.87% (main character energy) NeuralAI (NUERAL): +21.98% Undeads Games (UDS): +20.63% XYO: +17.92% Fusionist (ACE): +17.19% Top Decliners World of Dypians (WOD): -25.04% (no catalyst, no mercy) Mythos (MYTH): -22.26% Baby Shark Universe (BSU): -20.31% Echelon Prime (PRIME): -18.25% Wilder World (WILD): -17.33% TL;DR Prediction markets say BTC under $100K. ETFs are quietly loading bags. Alts are stabilizing. GameFi is still in timeout. POWER went full send because Ronin + Binance Alpha. Everyone claims we’re “building sustainably” now. Fear is still high, but at least it’s slightly less spicy. Do with this what you will, degens. Or just fire up CMC’s AI tool and pretend you’re doing research. 😏🚀

 So Blankos Block Party holders just got an email basically saying: “Hey fam, what if numbers… didn’t go down?” Enter Pulse Market — Mythical’s brand new NFT marketplace where everything is priced in USDC instead of MYTH, aka the token that has been doing a -91% interpretive dance over the last year. Yes, that MYTH.Yes, we all held it “for utility.”Yes, we are tired. What’s actually happening Mythical currently runs everything on Mythical Market, priced in MYTH, on Mythos Chain (Polkadot). Pulse Market is being pitched as a “new trading experience” (drink) where: Prices are in USDC Blankos holders log in with the same email BUT get a completely separate wallet AND can’t even see their MYTH balance Totally normal behavior. Very Web3. No notes. Chain confusion speedrun USDC is natively supported on Polkadot, so Pulse could still live on Mythos……but the whole “separate wallet, no MYTH access” thing screams new infra. Reminder: Blankos NFTs used to be bridgeable to Ethereum.Which means this could be Mythical quietly whispering: “Hey… you miss the EVM too?” No promises, no roadmap, just vibes and an email. Why Blankos? Because Blankos is: Mythical’s most recognizable IP Not tied to a live game right now Mobile version isn’t coming until 2026 (lmao) Translation:Blankos is the perfect canary in the coal mine for: Stablecoin pricing New UX New backend And seeing if OGs ragequit or say “actually… this is fine” TL;DR MYTH nuked itself Mythical said “what if USDC tho” Pulse Market appears Separate wallet, separate vibes Possible Polkadot → EVM arc? No timeline, no clarity, maximum speculation Honestly?If this means I can buy an NFT without doing mental math like it’s a 2021 DeFi farm, I’m in. Wake me up when: Pulse launches Blankos hit USDC floors And MYTH becomes a governance token for nostalgia

 So yesterday Bitcoin decided to remind everyone that price discovery is optional. 📈 Pumps $3k in an hour, reclaims $90k💥 $120M in shorts get Thanos-snapped📉 Immediately nukes to $86k🔥 $200M in longs follow them into Valhalla🌀 ~$140B market cap swing before your coffee got cold Crypto Twitter:“OMG leverage is out of control again 😡😡😡” Glassnode, quietly pulling receipts:“Actually… no.” The leverage boogeyman (again) Perps open interest? Down from cycle highs.Funding? Chilling around neutral.Front-end implied vol? Compressed after FOMC instead of exploding. Translation: this wasn’t some giga-degen 125x festival. This was thin liquidity + options positioning + everyone standing on the same rake. The liquidation looked insane because the market was basically hollowed out. When a few positions unwound, price moved like it was allergic to stability. The real problem: bags. So many bags. Between $93k and $120k is a graveyard of “local top” buyers staring at red numbers and whispering “I’ll sell on the next pump, I swear.” Short-term holder cost basis: ~$101.5kCoins underwater: 6.7M BTC (cycle high, btw) Every rally =🧑‍🚀 “Finally, exit liquidity”🔻 price smacks into overhead supply🔁 repeat, early-2022 style And the fun part?Recent buyers are slowly becoming long-term holders… while still underwater, which historically is how you get good old-fashioned capitulation vibes. Spot buyers: window shopping, not committing CVD says it all. Coinbase (US): kinda trying Binance + aggregate flows: absolute chop salad Dip buying: tactical, not “I believe in the future” energy Corporate treasuries?One or two chads show up, drop a headline, disappear for weeks. Not structural demand, just vibes. Options: the invisible handcuffs This market is basically options-expiry jail right now. Big expiries: Dec 19 & Dec 26 Dealers: long gamma on both sides Incentive: sell rips, buy dips Congrats, price is now mechanically pinned. Range looks something like:📉 ~$81k (True Market Mean)📈 ~$93k (overhead supply + dealer hedging) Until Dec 26 passes, BTC is less “digital gold” and more range-bound premium farm. TL;DR for the timeline addicted: This wasn’t leverage going feral Futures are de-risked, funding is chill Vol actually compressed Real issue = too much supply overhead + options pinning price into a box Dec 17 was a liquidity tantrum, not a systemic meltdown BTC isn’t broken.It’s just stuck under a mountain of bags while options dealers play ping-pong with your emotions. See you at expiry. 🫡📉📈

 So remember when banks spent a decade telling us Bitcoin was for criminals, libertarians, and people who forgot their password? Yeah… about that. According to River, almost 60% of the top 25 US banks are now somewhere between “thinking about Bitcoin” and “quietly bolting it into their wealth platforms.” Not shouting it from the rooftops, mind you. More like whispering “it’s just an alternative asset” while nervously checking the OCC guidance. 2024 was the year of “ETF fixes everything.”2025 is the year of “okay fine, clients want the actual Bitcoin.”2026 is shaping up to be “sir, Bitcoin is now a standard line item next to bonds and REITs.” Phase 1: ETF cope Banks let asset managers do the dirty work. ETFs meant: No keys No wallets No explaining seed phrases to compliance Flows went up, flows went down, nothing exploded. Risk committees nodded solemnly and said: “Volatile, but… manageable.” Highest praise possible. Phase 2: White-label everything Now comes the real pivot. Banks don’t want to be crypto companies — they want crypto to behave like FX. So instead of building exchanges, they’re doing: “Powered by Coinbase” (but don’t say Coinbase too loud) NYDIG custody Fireblocks keys PNC is already letting private clients trade BTC using Coinbase’s backend. Schwab and Morgan Stanley are aiming for 2026 spot BTC/ETH trading, with: Hard caps Conservative margin Eligibility rules tighter than airport security Translation: “Yes, but only for adults.” Regulation arc (unexpected buff for banks) The irony is delicious. The same regulatory moat crypto tried to escape is now working in banks’ favor. Stablecoin rules? ✔️ OCC trust charters? ✔️ Riskless principal trades so capital charges don’t nuke returns? ✔️ Now Bitcoin can sit politely next to Treasuries instead of screaming from an offshore exchange dashboard. The new risk nobody wants to talk about Banks solved price risk… and imported infrastructure risk. Turns out if: Coinbase NYDIG Fireblocks have a bad day, half of Wall Street’s shiny new Bitcoin offerings sneeze at the same time. So yes, Bitcoin is being “normalized,” but also concentrated behind a few vendors that didn’t exist 10 years ago. What could possibly go wrong. The endgame By 2026: Bank of America advisors can recommend crypto ETFs BTC shows up in the same dashboard as your dividend stocks Grandma owns Bitcoin and doesn’t even know where the keys are And the real question won’t be “Does your bank offer Bitcoin?”It’ll be “Which wrapper are you using — ETF, direct custody, or advisory model?” Banks didn’t choose Bitcoin.Their clients did. Now TradFi is just doing what it always does best: Pretend it invented the thing Wrap it in compliance Take a basis point Bitcoin didn’t get adopted by banks.Banks got adopted by Bitcoin.

 So remember when DeFi was gonna be a purely crypto-native parallel financial system?ETH as pristine collateral, wrapped BTC everywhere, algo stables printing synthetic dollars out of vibes and emissions? Yeah. About that. Turns out the entire experiment quietly rage-quit sometime in the last 18 months and crawled back to the most boomer asset imaginable: US Treasuries. Not even in a dramatic way. No blowups. No governance votes titled “ARE WE SELLING OUT???”Just… $9B of tokenized T-bills casually sitting on-chain like they own the place. The numbers (aka the receipts): ~$9B in tokenized US Treasuries & money market funds ~60 products ~57k holders ~3.8–5% yield (aka: not zero, not ponzi) ~$19B total tokenized RWAs Growth: 5x while Crypto Twitter was arguing about blobs This isn’t some boutique “web3 meets finance” demo either. BlackRock’s BUIDL is almost $3B, accepted as collateral on Binance, and multichain Franklin Templeton said “why not put the shareholder registry on-chain” and shipped BENJI Circle’s USYC went from “who?” to $1.3B after Binance plugged it into derivatives margin JPMorgan launched a tokenized money market fund on Ethereum like it’s just another Tuesday The plumbing is live. Not a testnet. Not a hackathon deck. Production. What actually changed? DeFi spent two years assuming it could bootstrap a full collateral hierarchy out of: volatile assets reflexive leverage and vibes That worked great until it didn’t. Meanwhile, TradFi has spent decades solving one boring problem really well: What is the thing everyone trusts when everything else breaks? Answer: short-dated US government debt. So now DeFi has reinvented the repo market, except: settlement is 24/7 margin moves on-chain and your “risk-free rate” token has an ERC-20 address Congrats, we rebuilt Wall Street… but faster and with better UX (sometimes). Is this still DeFi if everything is KYC’d? Yes and no. Most of these tokens: are allowlisted have minimum redemptions in the six figures live in “KYC-DeFi” not public pools But inside those constraints? They’re used as margin collateral They’re rehypothecated They’re plugged into rate markets like Pendle They price the short end of the on-chain yield curve That’s not cosplay. That’s financial infrastructure. The real plot twist Stablecoins already monetized Treasuries.They just hid them in the balance sheet. Now the collateral itself is tokenized, portable, pledgeable, and composable. So the new DeFi monetary base looks like: stablecoins Treasury-backed tokens repo-like primitives yield stripped and traded separately ETH didn’t die. BTC didn’t die.They just stopped pretending to be money-market funds. TL;DR DeFi didn’t overthrow TradFi.It integrated the US Treasury market as its base layer. Tokenized T-bills are becoming crypto’s repo market: the thing perps, stables, DAOs, and derivatives clear against the boring asset everything depends on the spine, not the edge Whether this goes from $9B to $80B depends on regulation and rates. But the direction is locked in. We came for censorship resistance.We stayed for the risk-free rate. 🦅📈

Alright anon, gather round. It’s time for the annual episode of Ethereum: Still the Most Important Chain (Trust Me Bro). Let’s get this out of the way:Ethereum is the most consequential blockchain ever built. Programmable money. DeFi. Secure smart contracts. The Louvre of crypto. No argument there. But here’s the vibe shift no one wants to talk about: Technological irrelevance doesn’t rug you. It just slowly stops texting back. 🧠 The New Eth Maxi Mantra “We still have TVL.” That’s it. That’s the tweet.TVL has gone from “measure of success” to “emotional support metric.” Yes, Ethereum has lots of capital locked.No, that capital is not doing cardio. It’s parked. Sleeping. Yield-farming itself into a coma. Meanwhile, money velocity is out here living its best life… somewhere else. 📉 Revenue Check (Oof Edition) According to Nansen: Ethereum revenue: down ~76% YoY → ~$604M Solana: ~$657M TRON (yes, that TRON): ~$601M, powered by stablecoin giga-chads in emerging markets ETH did a big brain move with Dencun/Fusaka — cheaper L2 fees — and accidentally nerfed its own income.Congrats, you optimized yourself out of rent. 🚀 Activity Wars: Solana Presses “Spam” Artemis data says in 2025: Solana: ~98M monthly active users ~34 billion transactions Ethereum bros reply instantly:“Yeah but that’s just bots.” Which is true.But also sounds exactly like: “Those aren’t real users anyway.” (— MySpace, 2008) Solana is basically the NASDAQ: fast, chaotic, arbitrage bots everywhere.Ethereum is FedWire: slow, serious, settles things that actually matter. Different games. Different vibes. But the volume gap is getting loud. 🧨 The Real Problem: No Urgency Kyle Samani said the quiet part out loud: ETH hit $100B faster than any asset ever.Fees were exploding.Scaling was obviously urgent.And yet… there was never urgency. Ethereum never went to war.It held community calls. This is how platforms don’t die — they just become foundational while someone else becomes fun. 🧩 L2s: Scaling or Balkanization? Yes, L2s work. Fees are low. Users are happy. But now we have: Fragmented liquidity Fragmented UX Fragmented value accrual Ethereum secured the kingdom, but the L2s took the toll booths, the brand loyalty, and the profit margins. ETH risks becoming the world’s most secure collateral warehouse. ⚙️ The Plot Twist: Ethereum Wakes Up 2025 EF arc unlocked: Ossification → Accelerationism New leadership with actual engineering PTSD Pectra + Fusaka shipped Beam Chain roadmap drops like: 4-second slots Single-slot finality “What if L1 was… fast?” Upgrading a $400B network mid-flight is insane.But so is doing nothing while Solana speedruns mass adoption. Pick your poison. 🧾 Final Take “We still have TVL” is not a strategy.Liquidity is mercenary. It farms wherever it’s treated best. Ethereum can still win — but only if: Beam Chain actually ships L2s stop feeling like 12 different apps duct-taped together ETH re-links usage → value accrual Otherwise, by 2030, ETH will be: Systemically important Deeply respected Commercially… mid And in crypto, history doesn’t pay gas fees. TL;DR:Ethereum is still the backbone.But the market is asking whether it wants the backbone…or the nervous system. 🧠⚡ 

So yeah, this week’s episode of Crypto Adoption, But Make It Boring™ just dropped. YouTube quietly added PayPal’s PYUSD as a payout option for U.S. creators. Not “YouTube launches a wallet.” Not “Google becomes a validator.” Just a new toggle sitting next to the usual payout rails, routed through PayPal/Hyperwallet like a well-behaved enterprise citizen. Crypto Twitter wanted a moon mission. What we got is… plumbing. And honestly? That’s bullish. What actually happened (before the hopium overdoses) YouTube pays creators → Funds show up in PayPal Hyperwallet → Creator can now select PYUSD instead of fiat If they want, they can later send that PYUSD on-chain from PayPal No Metamask popup. No seed phrase onboarding trauma. No “sir, please bridge to Arbitrum” tutorial video. Just vibes and compliance. Why this matters (even though it’s not a pump) YouTube has paid out $100B+ in four years. That’s ~$25B/year flowing through creator payouts. Even a tiny opt-in rate turns into real recurring stablecoin volume. Best case scenarios floating around: Conservative: ~$6M/year in PYUSD Base case: ~$120M/year Aggressive: ~$1B/year And before someone screams “THAT’S NOTHING,” remember:This isn’t about supply shock. PYUSD already has ~$4B market cap. This is about habit formation. Stablecoins don’t win by YOLO inflows.They win by becoming the default “eh, I’ll just leave it there for now” balance. The sneaky part YouTube doesn’t touch crypto.Google doesn’t custody tokens.PayPal does all the scary stuff. Which means: Platforms stay clean Compliance teams stay sane Creators get optional on-chain exits This is how crypto actually sneaks into Web2: as a dropdown menu, not a manifesto. Also: timing is not accidental This lands right as: Stablecoin regulation is actually becoming a thing Policymakers are shifting from “ban it” to “fine, just attest monthly” Citi is out here forecasting $1–4 trillion in stablecoin issuance by 2030 Translation: the adults are back in the room, and they brought spreadsheets. TL;DR YouTube added PYUSD payouts via PayPal Nobody had to become a crypto company Stablecoins are entering payroll-like flows This won’t pump your bags tomorrow But it does quietly normalize holding crypto as income Not financial advice, but if your favorite YouTuber starts saying “smash the like button so I can settle on Arbitrum,” just know we warned you. 

 So the Blockchain Game Alliance just released its 2025 State of the Industry Report, and honestly? It reads like the patch notes for a game that finally stopped being in pre-alpha denial and decided to ship something real. TL;DR:– Web3 gaming is apparently growing up (yes, I was shocked too).– MENA is speedrunning its way into becoming a global blockchain gaming powerhouse.– Africa is grinding XP steadily.– Female participation is up to 23% (finally, some new players in the lobby).– The industry might—might—be becoming less of a speculative loot box casino. Okay, let’s break this down like a YouTube influencer explaining yield farming to their dog: 🎮 “Web3 Gaming Is Maturing” — BGA, 2025 Translation: We’ve officially moved from “click buttons, get tokens” to “games that look like someone didn’t code them during a coffee-fueled panic attack.” Sustainable models, higher-quality gameplay, actual art direction… things are happening. Speculation isn’t gone, of course—this is crypto, not Narnia—but at least the games can now be played without needing a PhD in gas fees. 🌍 MENA: The New Final Boss of Web3 Gaming Two facts that made my eyebrows respawn: In 2021, less than 1% of industry pros in BGA’s survey were from MENA. In 2025, that number is 20%. Combined with Africa’s growth (0.5% → 5.5%), over 25% of responses now come from emerging markets. In gaming terms, MENA basically went from “NPC in the background” to “main character energy” in four years. A young, digitally-native population + governments throwing giga-bucks at gaming, esports, and digital infrastructure = a region that just 100x’d its XP bar. Sebastien Borget (co-president of BGA + The Sandbox co-founder) even dropped the report live in Abu Dhabi like it was a legendary loot reveal. Respect. 👩‍💻 More Women in Web3? Actual Progress?? 23% of survey participants were women — the highest ever.Not 50/50 yet, but at least it feels less like a Discord server moderated exclusively by dudes named “CryptoWolf420.” A big chunk of credit goes to Yasmina Kazitani, BGA’s first female co-president, aka the person doing the actual side quests that matter:– Building grassroots communities– Pushing for representation– Co-founding the Women in Web3 AllianceBasically, she’s speedrunning “fixing the industry.” 📈 What This Actually Means New regions. New talent. New leadership.And if you’re a studio in the West still wondering why your daily active users are just you and your dev intern… yeah, maybe look at where the players actually are. 📅 Wanna See This Energy IRL? Dubai GameExpo Summit (powered by PG Connects), May 20–21, 2026.Because nothing says “the future of gaming” like an event with enough AC to cool a small moon.

So CCP Games has slammed the third hard wipe button on EVE Frontier, their fully-onchain, space-survival-try-not-to-cry simulator, and is now yeeting us into Cycle 4—a fresh three-month adventure where everything you built is deleted again, except your precious Grace points. Yes, Grace points: the only thing more persistent than the average degen’s hopium. To be fair, Frontier is “open development,” which is dev-speak for “you’re gonna see our mess live, and we’re gonna nuke your progress every quarter, k thx.” 🚀 Cycle 4 Highlights (aka ‘Things CCP Added Before Deleting Your Stuff Again’) Manual WASD ControlsCCP has finally given us real movement, so now you can pretend you’re playing an actual video game instead of a spreadsheet with a jet engine.Precision increased. Skill required also increased. Cope level: TBD. Smarter Enemy AIBecause clearly what this game needed was more things trying to murder you with better accuracy. Better Base-Building ToolsGood news: more tools to build cooler stuff.Bad news: it will be wiped in 80–90 days. Thoughts and prayers. Continuous Asset ProductionNow you can craft in-game stuff non-stop. Perfect for people who enjoy watching numbers go up… until wipe day, where they go back down to zero. New Map Locations + Navigation ModuleCCP added new places to explore, but you’ll need the new navigation module or risk drift-scrolling your way into the blockchain abyss. 💸 Access Pricing Want in? It starts at $30, which gets you: Entry to the game Exclusive in-game assets One month of premium when the game actually launches And of course, unlimited exposure to emotional damage from quarterly nukes But hey, there are regular free-play periods if commitment isn’t your thing (understandable). 🧵 TL;DR EVE Frontier wiped again, added cool stuff, pretended we won’t rage when they wipe again later. CCP continues building the most on-brand onchain experience possible: fun, chaotic, and only slightly cruel. Anyway, see you in Cycle 4. I’ll be the one drifting helplessly with my new WASD controls like a noob who forgot space has no brakes.

Alright anon, gather round the campfire. The Sandbox is back with its 3.0 revival arc and they’ve launched an invite-only beta of something called Corners, described as a “free-to-use curation platform,” which is VC-speak for: “What if Linktree + Reddit + NFTs, but onchain?” What is Corners? You make a Corner You drop URLs, memes, ideas, vibes, discourse Other people can add links too (community-driven curation) The Corner spits out a Corner Coin because obviously it does Yes, your carefully curated folder of links can now have tokenomics. How do the bags work? Every Corner generates its own coin If your Corner pops off, the coin might have value (big might) Platform activity rewards Corner Coin holders with SAND SAND now lives on Base, Ethereum, and Polygon, because chain maximalism is dead So now you can earn SAND for being good at posting links before everyone else. Nature is healing. The Vision™ Sandbox CEO Robby Yung says this extends SAND “beyond gaming,” which makes sense, since Sandbox gaming has been… let’s say aspirational for a while. Instead of play-to-earn, we now have: Curate-to-earnorSpeculate-on-communities-before-they’re-cool-to-earn Progress. The Timeline Invite-only beta: now Full public launch: early 2026 (lmao) Comprehensive guide coming to explain: market price tradable assets probably how not to get rugged by a meme Corner TL;DR Sandbox pivoting from metaverse gameplay to tokenized community boards Bookmarks now have liquidity Every niche gets a coin Base chain catching strays (and volume) 2026 roadmap energy intact Not gonna lie though… if someone spins up a “Dead L2s Copium Corner” and it starts yielding SAND, I’m in. See you at launch. Or at least at the guide. Or the rug.