Plus: Conor McGregor’s Bitcoin plan

GM. We squeezed out the noise, filtered the pulp, and poured you a straight shot of what actually matters.

⚠️ A risk that came with Ethereum Pectra.

🍋 News drops: Conor McGregor wants a national Bitcoin reserve for Ireland, Metaplanet surpasses El Salvador + more

🍍 Market flavor today

Find out more about the Fear & Greed Index here.

Crypto Market Cap: $3.35T 0.49% (24H)
Name		Price	24H	7D
	Bitcoin BTC	$103,175.99	-0.93%	10.17%
	Ethereum ETH	$2,511.14	0.92%	39.41%
	XRP XRP	$2.57	8.82%	20.95%
	BNB BNB	$667.92	2.41%	12.32%
	Solana SOL	$176.88	2.98%	22.63%

What a time to be in crypto 🥰

Everything’s green, Bitcoin flipped Amazon in market cap (and continues trading above $100K), and the vibes are moon-ready 🌕

One big reason for all that: the trade war is de-escalating.

Last week, the US and UK reached a trade deal.

Now, the US and China have agreed to take a few steps back with their tariffs for the next 90 days.

Here's what's gonna change by Wednesday:

• The US will cut tariffs on Chinese goods from an average of 145% down to 30%;

• China will reduce its tariffs on American imports from 125% to just 10%.

Trade wars tend to drag down global markets: they raise costs, increase uncertainty, and usually put investors in defense mode. So when those tensions ease, it’s like ASMR for the crypto community, because riskier assets become way more attractive again.

That’s why economist Alex Krüger said we can probably stop worrying so much about macro stuff for now. The China-US trade war was one of the biggest market fears, and since it's paused for the next 90 days, investors can focus on the fun things again.

... Like the fact that Bitcoin ETFs are crushing it: $581.1M in inflows at the end of last week alone.

Put all of this together, and we might be headed toward all-time highs soon.

But there’s one more thing to watch: CPI data drops tomorrow. Lower-than-expected inflation numbers could be the reason for the market to go full rocket mode 😜

Fingers crossed.

🥝 Memecoin harvest

Sigma moves only 🐺

Data as of 05:00 AM EST.

Check out these memecoins and plenty more here.

☯️ You win some, you lose some

Last week, we covered the Ethereum Pectra upgrade - what it changes and how it helps.

👉 If you missed that edition, catch up here.

And now, Ethereum’s flexing hard - it outperformed every other major coin this week.

(Yes, I know, it’s been a while since “Ethereum” and “outperformed” were in the same sentence. ETH maxis, your time has come. Finally.)

This price increase wasn't random - Pectra made Ethereum stronger, more scalable, and way easier to use. All great stuff.

But - and this is a big but (one T, you animal) - it also came with a pretty serious new risk in the security department 🚨

Before Pectra, a hacker would need you to approve an on-chain transaction to steal your crypto. That usually came with gas fees and a clear confirmation screen, so users had a good chance to catch anything suspicious.

After Pectra, tho', your regular wallet can temporarily behave like a smart contract. And all it takes to activate that is signing a message - even if it’s off-chain.

This is where things get dangerous. If a hacker tricks you into signing one of these off-chain messages - say, through a fake website - they can use your signature to make your wallet run code they control. And that can give their contract full control of your funds.

No transaction approval. No gas fees to make you pause. No warning. Just one signature.

Even hardware wallets aren’t safe if a user signs one of these messages.

So yeah, NEVER sign an off-chain message unless you’re 100% sure what it does. If you’re unsure, DO NOT touch it.

Stay safe out there.

🍋 News drops

🥊 Conor McGregor’s got a new striking combo. Step 1: run for president of Ireland. Step 2: create a national Bitcoin reserve.

😬 Ledger’s Discord was briefly hacked yesterday after a mod’s account got taken over. The issue was fixed quickly, and new security measures are now in place.

🚀 Metaplanet bought another 1,241 Bitcoin. They now hold 6,796 BTC - that’s more than El Salvador.

⛪️ The new pope, Robert Prevost - now going by Pope Leo XIV - started his time in charge by talking about AI. He said all this new tech brings up big questions about fairness, jobs, and the value of human life.

🤔 Thinking about Pi Coin again? Same. Here’s the live price chart if you want to see where it’s at.

🍌 Juicy memes