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The Crypto Minute
Your Weekly Guide to Surviving the Crypto Rollercoaster.
CoinBrain
April 21, 2025 • Reading Time: 11 minutes
Welcome to the 🐣 Easter special of Crypto Minute by CoinBrain!
🥳 We got some good news: crypto is holding surprisingly well given the macro chaos.
Now you can stop worrying and finally go touch some grass or whatever 🌳 (After reading this week’s issue, ofc)
⤵️ Today’s Agenda:
Is the crypto winter already here? We analyze Coinbase’s latest report ❄️
🤖 Eliza OS launches auto.fun, a no-code platform for AI-Agents similar to pump.fun
Whales are starting to accumulate ETH 🐳 Have we reached the bottom?
On-chain gold 🟨 hits record trading volumes as traders flock to this “safe haven“
And more…
📊 Market Snapshot
| $87,300BTC+3.2% | $1,650ETH-2.5% | $2.75TCrypto Market Cap+1.9% | 34 (Fear)Fear & Greed Index+5 from last week |
📅 Crypto Events You don’t want to Miss
📌 Wednesday, April 23rd (1:45 PM UTC) – US Flash Manufacturing & Services PMI
Two key economic indicators, the Flash Manufacturing and Flash Services PMIs (Purchasing Managers’ Indexes), are dropping midweek.
Why does this matter? PMIs give us an early glimpse into the health of the economy.
A stronger-than-expected PMI ⬆️ could hint at inflationary pressures and tighter Fed policy 🚨, which often sends crypto prices wobbling.
📌 Friday, April 25th (3:00 PM UTC) – US Bitcoin Futures Expiration
It’s that time again! Bitcoin Futures contracts on the CME (Chicago Mercantile Exchange) are expiring.
Expiration days are notorious for ramping up volatility as traders roll over or close out their positions.
🌊 Price swings, liquidity crunches, and sometimes even mini flash crashes can sneak in.
🐋Smart Money Tracker
Tuesday, Apr 15th: A giant whale withdrew 2,372 $BTC ($201M) from Binance and Kraken again on this day and currently holds 16,780 BTC ($1.42B).
You'd better get a bigger harpoon for this one 🐳
Wednesday, Apr 16th: A $TRUMP developer wallet pulled 4.6M $USDC from the pool by removing liquidity on this day.
Then they bridged 4.6M $USDC to Ethereum and deposited all to CoinbasePrime.
Thursday, Apr 17th: The Melania team continues to dump $MELANIA by adding and removing liquidity!
13M $MELANIA has been sold for 60,304 $SOL ($8.02M) in the past month.
Friday, Apr 18th: The whale who previously lost $701K on $Fartcoin spent another 14,725 $SOL ($1.98M) to buy 2.22M $Fartcoin at $0.89, and is now down $297K again.
Friday, Apr 18th: Whales are accumulating $ETH!
A wallet linked to Metalpha has withdrawn 29,000 $ETH($48.73M) from Binance since Apr 1.
0xd81E has withdrawn 46,577 $ETH($97.26M) from Gateio since Feb 15.
0x6034 has withdrawn 10,091 $ETH($18.8M) from Bybit since Mar 12.
Saturday, Apr 19th: From $5.2M Profit to $335K Loss – Diamond Hand Gets Wrecked!
6 months ago, this trader bought 19.14M $LUCE at $0.0275 and held all the way, with an unrealized profit of over $5.2M at the peak.
Now? $LUCE crashed over 70%, and he suffered a heavy loss of $335K.
Sunday, Apr 20th: A whale bought 2M $Fartcoin ($1.7M) at an average price of $0.85 on this day.
Source: Lookonchain
📰 News Recap (Apr 15 to 21)
🤖 Eliza Labs Launches No-Code AI Agent Platform, Aims for Web3 Users
Eliza Labs (formerly ai16z) just dropped their new platform auto.fun, letting literally anyone build and monetize AI agents without writing a single line of code 🧠
Source: auto.fun
The platform lets users create bots that can handle everything from automated trading to social media management across web3 ecosystems.
Shaw Walters, Eliza's founder, calls it "democratizing access to both AI and Web3".
The company's token (ai16z) is sitting at $0.13 with a $145M market cap, though it's down 22% this month 📉
📉 Mantra's OM Token Makes Partial Recovery After 95% Crash
Mantra's OM token bounced back 60% after Sunday's epic 90% nosedive 📉
CEO John Mullin is scrambling to restore confidence with a recovery plan featuring token buybacks and potential supply burns.
$OM Price. Source: TradingView
Despite the rebound, OM is still down 85% from pre-crash levels, giving investors serious whiplash! 🤕
Mullin dismissed insider trading accusations as "baseless," promising a full report within 24 hours to "reinstall trust" in the market.
The crash reportedly stemmed from "reckless forced closures initiated by centralized exchanges."
🙄 Either way, this has been one wild rollercoaster for Mantra investors!
🏆 Onchain Gold Trading Hits Record Volumes as Physical Gold Surges
Gold tokens are having their moment in the sun as physical gold prices keep smashing records above $3,100/oz 🌟
Tokenized gold trading just hit all-time highs with Paxos Gold (PAXG) processing a massive $802M and Tether Gold (XAUt) handling $267M in a single week!
$PAXG/USD Source: TradingView
The previous records weren't even close - XAUt's old high was $179M back in June 2024.
With economic uncertainty and new trade tariffs weighing on the dollar, crypto traders are flocking to these digital gold alternatives as their safe haven of choice ⚓
🫠 zkSync hit with a $5M oopsie!
Layer 2 heavyweight zkSync had a not-so-smooth week after an admin wallet got exploited, leading to a $5 million loss.
The stolen loot? Leftover ZK tokens from their recent airdrop. (Guess someone couldn’t resist!) 💰️
ZKsync security team has identified a compromised admin account that took control of ~$5M worth of ZK tokens — the remaining unclaimed tokens from the ZKsync airdrop. Necessary security measures are being taken.
All user funds are safe and have never been at risk. The ZKsync
— ZKsync (∎, ∆) (@zksync)
1:49 PM • Apr 15, 2025
Thankfully, the zkSync team assured everyone that user funds are safe and sound.
📉 Still, ZK token holders felt the heat, with prices sliding about 10% in a day.
🌍️ Story of the Week
❄️ Is Crypto Winter Already Here?
Bundle up, frens - Coinbase Institutional just dropped a chilly forecast, and it’s giving serious Game of Thrones vibes: Crypto Winter is Coming.
Source: @boldleonidas on X
According to their April report, things are looking frosty out there.
The total crypto market cap (excluding Bitcoin) has taken a 41% nosedive from its December highs, and sentiment? It’s as gloomy as a Monday morning without coffee ☕️
What’s fueling the negativity? 🤔
Well, throw in some spicy geopolitical drama (hello, tariffs) and a stock market that looks like it needs a nap, and voilà - we’ve got a recipe for a serious cooldown.
Venture capital is trying its best to stay lively, but even with a Q1 pickup, it’s still 50–60% lower than the golden days of 2021-22
🧤 But is this the deep freeze… or just a cold snap?
Some bullish tailwinds, like regulatory clarity and a still-strong Bitcoin, are keeping hopes alive.
David Duong, Coinbase’s research boss, summed it up best: Recovery is going to be tough sledding.
So while it might be tempting to bust out the marshmallows and hot cocoa, seasoned crypto folks know one thing for sure: after every winter… comes a blazing summer 🌞
🔒 Major Token Unlocks of the Week
$DYDX - 1.9% of the total supply will enter circulation on Apr 22, 2025.
$ZETA - 2.3% of the total supply will enter circulation on Apr 27, 2025.
$CELO - 4.6% of the total supply will enter circulation on Apr 27, 2025.
$INFRA - 3.3% of the total supply will enter circulation on Apr 28, 2025.
$CO - 2.7% of the total supply will enter circulation on Apr 28, 2025.
Explore more unlocks with full vesting details.
🗞️ From our Blog
💡 1 Minute Learning: Grid Trading
Grid trading is the "lazy genius" way to trade crypto!
Imagine you're setting up a series of robo-traders that are basically playing a never-ending game of "buy low, sell high" between two price points.
As the crypto price bounces around within your grid, your system is automatically buying at the lower levels and selling at the higher ones (cha-ching! 💰).
But (and there's always a but in crypto, right?), grid trading isn't all rainbows and unicorns.
If the market decides to throw a party and:
Skyrocket past your grid's ceiling 📈
Or have a meltdown below your grid's floor 📉
Your strategy becomes about as useful as sunscreen at midnight.
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.