The Crypto Minute

Your Weekly Guide to Surviving the Crypto Rollercoaster.

Welcome to a new issue of Crypto Minute by CoinBrain! So it happens, the “Black Monday“ of our generation is finally here ⬛️ 📉 

☀️ On the bright side: The best time to get into crypto and stocks is RIGHT NOW, folks!

With that said, enjoy this week’s spiciest stories and wise future prophecy 🔮 🧙 

⤵️ Today’s Agenda:

  • We got Trump’s reciprocal tariffs decimating the markets (but crypto holds surprisingly well 🙌 )

  • Whales are starting to accumulate $ETH again in discount 💲 🐳 

  • $FDUSD depegged by 13% following Justin Sun’s bankruptcy accusations.

  • 🌿 Lens Protocol launches Lens Chain, a SocialFi-focused Ethereum L2 rollup.

  • And more…

📊 Market Snapshot

$77,900BTC-6.5%$1,550ETH-16.2%$2.48TCrypto Market Cap-9.8%17 (Fear)Fear & Greed Index-7 from last week

📅 Crypto Events You don’t want to Miss

📌 U.S. CPI (Consumer Price Index) – Thursday, April 10, 12:30 pm UTC

Thursday’s CPI release is the event to watch for all you market enthusiasts.

CPI measures inflation at the consumer level, and it’s a big deal because the Fed uses it to shape interest rate decisions.

This week, we will be getting both monthly and yearly CPI data.

If inflation is higher ⬆️ we may face fewer rate cuts, which is usually worse for crypto 📉

🎯 Analysts are projecting a YoY CPI of 3.4%, a notch above the Fed’s 2% target.

📌 U.S. PPI (Producer Price Index) – Friday, April 11, 12:30 UTC

Next up: PPI, aka inflation’s sneak preview. This index tracks changes in wholesale prices.

It often foreshadows consumer inflation trends, which makes it a valuable tool for traders.

If producers are charging more, the odds are that consumers will be paying more soon, too.

For crypto, it’s the same situation as with CPI:
⬆️ Higher numbers = ⬆️ Higher inflation = ⬇️ Crypto go down

🐋Smart Money Tracker

Tuesday, Apr 1st: Got what they deserved!

A hacker stole $2,930 ETH($5.4M) from zkLend and then got phished while using Tornado Cash.

All 2,930 $ETH ($5.4M) gone - to another thief.

Wednesday, Apr 2nd: After $FDUSD briefly depegged to $0.87, Wintermute (a crypto trading company) withdrew 31.36M $FDUSD from Binance

They cashed about $3M profit as $FDUSD returned to the peg.

Thursday, Apr 3rd: A whale just bought the dip, dropping 11.5M $USDC on 6,488.5 $ETH at $1,772. I guess everybody could use a discount; am I right? 🤑 

Friday, Apr 4th: DWF Labs transferred 25M $USDC to World Liberty Financial on this day.

Sunday, Apr 6th: A whale unstaked 202,604 $SOL ($24.3M) and deposited it to Binance 2 hours ago to cut losses.

This whale withdrew 201,755 $SOL ($25M) from Binance at $124 on March 13, now taking a loss of $678K.

Monday, Apr 7th: Whale "7 Siblings" spent $42.2M to buy 24,817 $ETH at $1,700 again.

Since Feb 3rd, “7 Siblings” has spent $229.7M to buy 103,543 $ETH at $2,219, currently sitting on a loss of $64M.

7 Siblings now holds over 1.21M $ETH ($1.93B) in 2 wallets.

Source: Lookonchain

📰 News Recap (April 1 to 7)

🕵️‍♀️ Privacy Pools Launch on Ethereum, Vitalik's Already Using It!

Ethereum's new Privacy Pools just hit mainnet, letting you make transactions on the down-low without helping the bad guys launder money 🤫

Ethereum co-founder Vitalik Buterin didn't waste any time, jumping in as one of the first users by dropping a whole ETH into the pool!

Unlike Tornado Cash (which got suspended bcs of North Korean hackers), Privacy Pools automatically scan deposits for sketchy connections before letting you join the party.

Smart contracts are doing the bouncer work! 🚫👾

📉 $FDUSD Stablecoin depegs as Justin Sun calls "Insolvency"

Justin Sun just threw major shade at First Digital Trust, basically yelling "they're broke!" on social media, sending their FDUSD stablecoin into a not-so-stable 9% nosedive 🎢

First Digital fired back, calling it a "smear campaign" while FDUSD holders watched $130M in market cap vanish faster than free pizza at a tech conference 🍕💨

The messiest part? Binance is sitting on a massive $2.2B pile of FDUSD... awkward!

All this started with some wild claims about $456M in reserves getting funneled into super illiquid investments.

Just another Wednesday in crypto! 🤷‍♀️

🌐 Lens Goes Layer 2: Social Media Gets Its Own Blockchain!

Lens Protocol just dropped its very own Layer 2 network called Lens Chain, basically creating Instagram-on-blockchain energy but where YOU actually own your stuff 🤳

Source: lens.xyz

They had to move a whopping 125GB of data; that's like downloading 30+ HD movies, making it one of the biggest blockchain-moving days ever! Some digital heavy lifting 💪📊

They're using Aave's GHO stablecoin for gas fees, so you won't need to sell a kidney every time you want to post your lunch pic on-chain.

SocialFi is finally getting the glow-up it deserves!

🌍️ Story of the Week

⚠️🌪️ Can Crypto beat Trump’s tariff storm? While traditional markets went into full-blown panic mode this week, Bitcoin is... holding surprisingly well? 🤷‍♂️

President Trump dropped a bombshell on global markets (again) with his "reciprocal worldwide tariffs" announcement, basically telling everyone, "You tax us, we tax you back harder!"

The baseline 10% tariff hits almost everything entering the US, with China (34%), the EU (20%), Vietnam (46%), and Taiwan (32%) getting the spiciest treatment 🌶️

Wall Street immediately lost its collective mind!

The Dow, Nasdaq, and S&P 500 had their worst single-day performances since the summer of 2020, with the NASDAQ plunging a notable 6% on Thursday alone.

Even gold, usually the go-to safety blanket, tumbled from its shiny $3,160 perch down to around $3,026 📉

But here's where it gets interesting - Bitcoin didn't follow the usual playbook!

While crypto definitely took a hit (BTC dropping from $88K to around $75K), it did not crash as much proportionally to tech stocks. Potential signs of decoupling? 🤔 

Source: @boldleonidas on X

Bitcoin mining stocks got hammered (down 15%), and spot Bitcoin ETFs saw nearly $100M in outflows, but the market shrugged it off like yesterday's meme coin drama 💪 

"It's holding up better because its market structure fundamentally changed post-ETF,"

Said Injective CEO Eric Chen, pointing to new demand sources like retirement accounts and corporate treasuries (looking at you, MicroStrategy and now GameStop 👀).

Source: whitehouse.gov

Standard Chartered analysts are floating a wild theory: Bitcoin might actually be evolving into a hedge against US economic isolation! 📊 

What's next? Well, the tariffs officially kick in between April 5-9, so we're just getting started.

However, according to Ledn's John Glover, unless BTC closes below $62K, we could still see $100K Bitcoin by June 🚀

🔒 Major Token Unlocks of the Week

  • $HyPC - 1.87% of the total supply will enter circulation on Apr 08, 2025.

  • $ARB - 1.24% of the total supply will enter circulation on Apr 09, 2025.

  • $GMT - 4.10% of the total supply will enter circulation on Apr 11, 2025.

  • $DIMO - 2.50% of the total supply will enter circulation on Apr 12, 2025.

  • $GFAL - 0.96% of the total supply will enter circulation on Apr 13, 2025.

  • $BREED - 1.40% of the total supply will enter circulation on Apr 14, 2025.

🗞️ From our Blog

💡 1 Minute Learning: On-chain Arbitrage

On-chain Arbitrage, a strategy that allows you to profit on crypto even without the risks of direct trading. Cool, right? Let’s see what it’s about 👀 

Arbitrageurs profit from trading pair price gaps, and when executed across multiple DEXs (Uniswap, Raydium, Pancakeswap), we call it On-chain Arbitrage ⛓️ 

🧠 How does it work? Say ETH is trading at $2,200 on Uniswap but $2,230 on SushiSwap.

  1. An on-chain arbitrageur buys on Uniswap.

  2. Sells on SushiSwap.

  3. Pockets the difference ($30 in this case) 🚀 

Source: napkin.ai

🤖 This trick is that this all happens at a very high frequency, often using bots that scan and execute on price differences in real time.

Want to turn up the heat? Some traders use flash loans - instant, no-collateral loans that let you borrow large sums, execute the arbitrage, and repay, all within one block (high risk, high reward if you’re into that).

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.