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The Crypto Minute
Your Weekly Guide to Surviving the Crypto Rollercoaster.
CoinBrain
April 28, 2025 • Reading Time: 11 minutes
Welcome to a new issue of Crypto Minute by CoinBrain!
It seems that we have been blessed with a little bull run inside a generally bearish epoch 💚 🕯️
Although conditions are uncertain, crypto always finds some cool stuff to hype 🔥
These are the coolest things that happened last week:
⤵️ Today’s Agenda:
Much hyped Zora airdrop underwhelms and confuses users 🎭️
🍽️ Private dinner with President Trump? Just buy his memecoin 💩
Sui and Bittensor outperform an already-green altcoin market 🚀
DePIN network Helium collaborates with AT&T 🌐 for connectivity expansion
And more…
📊 Market Snapshot
| $94,700BTC+8.5% | $1,800ETH+10.5% | $2.97TCrypto Market Cap+8.1% | 51 (Neutral)Fear & Greed Index+17 from last week |
📅 Crypto Events You don’t want to Miss
📌 Wednesday, Apr 30th (12:30 PM UTC) - US Advance GDP Quarterly
The US is dropping its Advance GDP numbers, giving us a sneak peek into how fast (or slow) the economy is growing.
GDP (Gross Domestic Product) is the ultimate economic health scoreboard.
⬆️ A stronger-than-expected number could spark a bullish mood in risk markets
⬇️ While a weak print might fuel the bears 🐻
📌 Thursday, May 1st (12:30 PM UTC) - US ISM Manufacturing PMI
The ISM Manufacturing PMI (Purchasing Managers’ Index) is dropping next, and it’s a vibe check for America’s factories.
⬇️ 📈 A PMI over 50 = expansion
⬇️ 📉 Under 50 = contraction
If manufacturing shows strength, it might hint that inflation isn’t cooling much, which could shake up expectations for interest rates.
Btw crypto loves low interest rates.
📌 Friday, May 2nd (12:30 PM UTC) - US Average Hourly Earnings monthly, US Non-Farm Employment Change, US Unemployment Rate
Triple threat Friday!
We’re getting updates on how much Americans are earning, how many new jobs were added, and the overall unemployment rate.
⬆️ Strong jobs = maybe higher interest rates
⬇️ Weaker data = maybe rate cuts coming sooner
🐋Smart Money Tracker
Tuesday, Apr 22nd: It seems that Galaxy Digital is selling $ETH and buying $SOL!
In the past 2 weeks, Galaxy Digital deposited 65,600 $ETH($105.48M) to Binance and withdrew 752,240 $SOL ($98.37M) from Binance.
Wednesday, Apr 23rd: Peak FOMO trader: buy high, sell low, then buy back even higher.
6 months ago, this trader bought 1,805 $ETH for $6.42M at $3,559.
2 weeks ago, they panic sold at a $3.6M(-56%) loss.
On this day, after the $ETH price rose, he bought back 1,734 $ETH($3.11M) at $1,792.
Thursday, Apr 24th: BlackRock deposited 27,852 $ETH ($48.75M) to Coinbase Prime on this day.
Friday, Apr 25th: It looks like Justin Sun has registered for the $TRUMP dinner.
He currently holds 1,176,803 $TRUMP($14.32M), ranking #1 on the leaderboard.
Saturday, Apr 26th: Which altcoins are whales buying?
Today, a whale bought 2.53M $VIRTUAL ($2.66M) at $0.93, 1.48M $WLD ($1.73M) at $1.02, 6.47M $GAME ($299K) at $0.04, and 303,574 $COOKIE ($40.7K) at $0.13.
Monday, Apr 28th: The Melania team didn’t just add or remove liquidity to sell $MELANIA, they also employed a DCA strategy for direct sales!
2 days ago, they sold 1.18M $MELANIA for 4,230 $SOL($632K) using the DCA strategy.
On this day, they are selling another 2.01M $MELANIA($938K) through the DCA strategy.
Source: Lookonchain
📰 News Recap (Apr 22 to 28)
📱 AT&T HOOKS UP WITH HELIUM'S WIFI HOTSPOTS!
Telecom giant AT&T just scored 90,000 new WiFi spots by partnering with crypto-powered Helium Network!
📡 Users will seamlessly switch between cell service and community-owned hotspots while owners earn HNT tokens.
All without customers even knowing they're using blockchain tech. Talk about stealth crypto adoption! 🥷
🎮 SUI BLOCKCHAIN ON FIRE – IS POKÉMON THE SECRET?
Sui's native token shot up a massive 73% this week as rumors swirl about Pokémon connections! 🔥
SUI DEX Volumes. Source: DeFi Llama
The blockchain's trading volume exploded to $800M daily after Pokémon HOME quietly added Sui-friendly Parasol Technologies to its privacy policy.
Even Grayscale couldn't resist, opening its SUI Trust to investors as ecosystem tokens like DeepBook and Cetus doubled in value! 🏦
🧠 AI-BLOCKCHAIN BITTENSOR SUBNETS EXPLODE 100X!
Bittensor's subnet ecosystem just rocketed past $500M in value, growing an incredible 100x since February!
Bittensor Subnet Market Cap. Source: Backdrop Finance
Their TAO token jumped 40% as users flock to subnets like Chutes, where the Chinese AI model DeepSeek v3 processed 31M runs in one week.
Who said AI and crypto don't mix? These numbers say otherwise!
🍽️ DINNER WITH THE PRESIDENT? TRUMP TOKEN SOARS 60%!
Want to dine with President Trump? Just buy enough TRUMP tokens! 💫
The memecoin surged 60% after announcing a private presidential dinner for its top 220 holders 📈
Entry price? A cool $407,000 in tokens (minimum)! 💵
The top 25 holders, sitting on $14M each, get extra face time in a pre-dinner reception.
🌍️ Story of the Week
Zora Airdrop Base-Fueled Hype and Token Drama 💸
Zora, the onchain social network, had quite a roller-coaster week!
The platform hit an all-time high in daily revenue of $137,652 on April 16th, a mind-boggling jump from just $6,069 the day before.
What triggered this massive spike? A viral post from Base (Coinbase's Ethereum L2 network) that simply said, "Base is for everyone."
Zora Revenue. Source: Blockworks research
Since Zora automatically mints all content as tokens, this innocent-looking post created a trading frenzy, with many people mistaking it for an official Base token launch.
😮 The resulting memecoin briefly surged to a $17 million market cap before crashing 95%. Ouch!
Just as the Base-fueled hype was cooling down, Zora launched its own token, distributing 1 billion ZORA tokens to 2.4 million addresses.
The launch was... chaotic, to say the least. Users complained about:
Technical issues claiming tokens
Tiny allocations ("worth 2 cents or 4 cents")
Difficulties trading on exchanges
The token promptly dropped 33%, trading at just $0.023. 📉
The plot twist? Coinbase Ventures is an investor in Zora, and the ZORA token launched on the Base blockchain 🤔
This connection had many crypto X users questioning whether the whole Base memecoin drama was deliberately engineered to generate hype before the token launch.
Source: @boldleonidas on X
Zora tried to downplay concerns by stating, "$ZORA is for fun only and not for investment purposes."
But the crypto community wasn't buying it. Stay tuned for how this plays out! 💫
🔒 Major Token Unlocks of the Week
$BETA - 1.3% of the total supply will enter circulation on Apr 30, 2025.
$MEME - 5% of the total supply will enter circulation on May 3, 2025.
$NEXT - 3.8% of the total supply will enter circulation on May 5, 2025.
$GAL - 10.3% of the total supply will enter circulation on May 5, 2025.
$ATEM - 4.7% of the total supply will enter circulation on May 5, 2025.
Explore more unlocks with full vesting details.
🗞️ From our Blog
💡 1 Minute Learning: Gamma Squeeze
Picture this: traders are buying up tons of call options (bullish bets) on an asset like Bitcoin 🐂
➡️ The market makers (those big firms that sell these options) don’t want to get wrecked if prices soar.
So what do they do? They hedge by buying the underlying asset itself — in this case, Bitcoin 💰️
But here’s the kicker: the more the price rises, the more they have to buy. It’s like throwing gasoline on a fire — prices can skyrocket fast 🔥
The Gamma Squeeze Cycle. Source: Napkin.ai
This feedback loop is called a gamma squeeze. It’s named after “gamma,” a measure of how sensitive an option’s delta (hedging ratio) is to price changes.
In simple terms: the higher the price goes ⬆️ , the crazier the forced buying gets 🔄
In crypto, gamma squeezes can supercharge rallies during low-liquidity periods or when traders flood into calls on assets like Bitcoin, Ethereum, or even meme coins 🎩✨
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.