- The Crypto Minute
- Posts
- The Crypto Minute
The Crypto Minute
Your Weekly Guide to Surviving the Crypto Rollercoaster.
CoinBrain
March 10, 2025 • Reading Time: 11 minutes
Welcome to a new issue of Crypto Minute by CoinBrain! Our story takes yet another turn and the markets are bleeding again 🩸📉
As it has been for the past few months, US politics takes the centre stage and we are here to make the situation clear and help you make your opinion 📚️
🎢 Buckle up and let’s roll!
⤵️ Today’s Agenda:
Bitcoin's Fort Knox Flop - Why the U.S. Strategic Reserve Disappointed Markets 📉
🐕 The Doge Dynasty Continues: $Cocoro Hits $100M in Record Time
THORChain's Ethical Dilemma. Processing Stolen Funds Sparks Crypto Civil War ⚖️
📊 Critical Economic Data: CPI, PPI, and UoM Consumer Sentiment This Week
🐋 Smart Money Moves - FTX, Mt. Gox, and Whales Making Major Plays
And more…
📊 Market Snapshot
| $80,100BTC-10.8% | $2,000ETH-11.6% | $2.61TCrypto Market Cap-9.6% | 17 (Fear)Fear & Greed Index-22 from last week |
📅 Crypto Events You don’t want to Miss
Wednesday, March 12th – 12:30 PM (UTC): US CPI Data Drop (Monthly & Yearly)
The Consumer Price Index (CPI), aka the market’s inflation thermometer, is coming in hot this Wednesday.
Both monthly and yearly figures will be released.
⬆️ A higher-than-expected CPI? Not the best for crypto 🔴
⬇️ Lower? Prepare for some green candles! 💚 🕯️
Thursday, March 13th – 12:30 PM (UTC): US PPI Data (Monthly)
Next up, Producer Price Index (PPI) — think of it as CPI’s lesser-known cousin, but equally important!
PPI measures the price changes that producers get for their goods.
If PPI surprises markets, expect volatility to ripple through both traditional markets and crypto 📊🔥
Again same as with CPI: Lower PPI ⬇️ = Crypto goes 🚀
Friday, March 14th – 2:00 PM (UTC): US Preliminary University of Michigan (UoM) Consumer Sentiment
Rounding out the week, UoM Consumer Sentiment will give us a pulse on how Americans are feeling about the economy.
Why does crypto care? Because happy consumers spend more, and confident markets tend to ride the bull.
If sentiment takes a dive, traders may brace for risk-off 📉
🐋Smart Money Tracker
Tuesday, Mar 4th: FTX/Alameda has unstaked $431.3M worth of $SOL. Out of these, $3.38M of $SOL have been deposited to Binance.
Thursday, Mar 6th: Mt. Gox transferred 11,834 $BTC, $1.07B to a new wallet on this day 🤯 Later, they transferred additional 166.5 $BTC, $15.05M to a new wallet.
Luckily these movements just seem like restructuring, not necessarily with the intent to sell 🌬️
Saturday, Mar 8th: In the past 9 hours, GalaxyDigital withdrew 282.5K $SOL($40.5M) from OKX, Bitstamp, Coinbase, and Binance, then staked 274,253 $SOL ($39.15M).
Saturday, Mar 8th: A new memecoin $Cocoro reached a market cap of $100M in less than 1 hour!
On this day someone spent 172.2 $ETH($365.2K) to buy 22.3M $Cocoro, now worth ~$2M!
Monday, Mar 10th: This whale has been historically very good at shorting $BTC during recent price drops, with an unrealized profit of over $7.5M!
Due to Trump's executive order, $BTC soared past $94,000, and they precisely re-entered a short position at the peak of ~$94,424.
They have now set additional short positions at $92,449 - $92,636 and placed limit orders to take profit between $70,475 - $74,192.
Source: Lookonchain and Arkham
📰 News Recap (March 4 to 10)
🕺 Reddit Co-Founder Wants to Buy TikTok, Make It 'Onchain'
Alexis Ohanian, who once bought ETH at 30 cents (we're not jealous at all 🙄), has joined "The People's Bid" to acquire TikTok's US operations.
His master plan? Move those dance videos onto something called the "Frequency blockchain."
I’ve spent my career betting on the future—starting with @Reddit, then with @sevensevensix, and now, this.
We're setting a new standard for what’s possible in digital communities. A TikTok for the people, by the people. Let's see if we can pull this off.
— Alexis Ohanian 🗽 (@alexisohanian)
7:00 PM • Mar 4, 2025
"Users should own their data. Creators should own their audience. Period," Ohanian declared, presumably while scrolling through his CryptoPunk collection.
The bid comes after TikTok briefly shut down before Trump revived it upon taking office📱⛓️
🐕 Doge's Mom Adopts New Pup, Launches $100M Token
The crypto world has gone cuckoo for Cocoro!
Atsuko Sato, mother of the OG Doge meme, is fighting unauthorized tokens with... another token! 🤯
Source: @kabosumama on X
Her newly adopted black Shiba Inu "Cocoro" inspired an official Base blockchain token that hit $100M valuation faster than you can say "much wow."
"I absolutely refuse to let my images be used without permission!" declared Sato, whose previous pup Kabosu (RIP goodest boi 🙏) spawned an entire memecoin universe.
$Cocoro price. Source: TradingView
Meanwhile, her other dog Neiro's token dropped 14% on the news, proving that even in crypto, sibling rivalry is real! 🐶💰
⚡ THORChain Processes Stolen Bybit Funds, Sparks Crypto Civil War
THORChain has the crypto world divided after processing a whopping 72% of Bybit's $1.4B hack while earning $5.5M in fees.
When some projects tried to halt the North Korean hackers' ETH→BTC swaps, others chose not to interfere and keep with the OG cypherpunk ethos 🎭
@THORChain it’s all coming from Lazarus hackers.
but who really cares its a win for TC. only concern is what happens to price once these swaps stop. BTC is bleeding at the moment if we didn’t have this i don’t think we’d be above $1 right now
— diplo (@ThorChainz)
8:28 PM • Feb 26, 2025
THORChain’s developer Pluto quit in disgust, while MyCrypto founder Taylor Monahan raged: "THORTARDS HAVE CURRENTLY ONLY FROZEN LEGITIMATE PEOPLE'S FUNDS!"
thorchain.org
Meanwhile, ParaSwap's DAO faces its own ethical dilemma about returning $100K in fees from the same hack. The cypherpunks are fighting, y'all! 🥊🏴☠️
🌍️ Story of the Week
🚨 Bitcoin and Ethereum Tank as U.S. “Strategic Reserve” Fails to Impress
Well friends, this was supposed to be the big moment for Bitcoin… but instead? A major letdown for the markets.
Let’s break down what happened 🤔:
President Trump officially signed an executive order to create a U.S. Strategic Bitcoin Reserve — a digital “Fort Knox” to hold the government’s seized Bitcoin.
Sounds bullish, right? But here’s the catch:
👉 No new Bitcoin will be bought.
👉 The reserve will only contain BTC already seized in criminal and civil asset forfeitures — currently around 198,109 BTC (worth ~$17B).
👉 No extra cost to taxpayers, but also no fresh demand injected into the market.
Crypto Czar David Sacks made it clear on X: “This means it will not cost taxpayers a dime.” and apparently, not add a dime of new Bitcoin purchases either.
Market Reaction: Sell the News 🧨
Traders were hoping for a buying spree.
However, when it became clear that wasn’t happening, Bitcoin dropped sharply, falling over 3% to around $82,000 before slightly recovering.
The much-hyped White House Crypto Summit on March 7th, where top execs from Coinbase, Chainlink, and others gathered, failed to lift sentiment.
Instead, BTC closed the week down roughly 7%, after initial excitement fizzled.
Source: coingecko.com
The Damage Report 📉:
Bitcoin down ~7% this week to $82,000
95,000 BTC tied up in Bitfinex hack likely won’t stay in the reserve (could be returned to victims)
No timeline for future BTC purchases — only potential “budget-neutral” strategies someday
Altcoins like ETH, XRP, ADA mentioned in earlier drafts? No confirmed inclusion yet
What’s Next? 🔮
While some see this as a step toward legitimizing Bitcoin (“digital Fort Knox”), the lack of concrete buying plans leaves bulls waiting.
Treasury Secretary Scott Bessent says “First step is to stop selling… we’ll see what comes next.”
Meanwhile, Trump is doubling down on making the U.S. “the crypto capital of the world”, but investors are asking: “Where’s the real action?”
🔒 Major Token Unlocks of the Week
$ATEM - 2.94% of the total supply will enter circulation on Mar 12, 2025.
$LIQ - 4.38% of the total supply will enter circulation on Mar 13, 2025.
$BREED - 1.40% of the total supply will enter circulation on Mar 15, 2025.
$FEY - 5.43% of the total supply will enter circulation on Mar 16, 2025.
$APE - 1.97% of the total supply will enter circulation on Mar 17, 2025.
More details and full unlocks here.
🗞️ From our Blog
💡 1 Minute Learning: Crypto Options Trading
Crypto options are financial tools that give you the right, but not the obligation, to buy or sell cryptocurrency at a predetermined price before a specific expiration date.
They come in two varieties:
Call options for betting on price increases 📈
Put options for betting on price decreases 📉
With options, traders can basically speculate on any pattern of price movement they wish. This gives them a huge flexibility and profit (or loss) potential.
But there is a catch, for opening an option, you pay a premium 💰️ (a sort of fee) until you exercise the option (buy or sell) or until that option expires.
So options are essentially a bet between two parties that each believe in a different price development within a given timeframe ⏱️
And that’s a wrap! 🎉 Enjoyed this newsletter? Forward it to a friend, and let them know they can subscribe here.
Got any ideas or feedback? We’d love to hear from you! Drop us an email at [email protected].
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and not investment advice or a solicitation to buy or sell any assets or make financial decisions. Always do your own research and stay safe out there.