Unhosted Weekly: Crypto Market Overview #30

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Sell in may and go away or maybe stay and pray?


πŸ‘€ Last week in Crypto

πŸ“Š Vitalik Buterin Publishes Proposal to Simplify Layer 1. This is a five-year plan to optimize the Ethereum mainnet by increasing the data volume in L2 layers by 10x.


πŸ”— This week we will learn about the Fed's interest rate decision. At the moment , 97% of investors believe that the rate will remain at the same level.


⚑️ Thumzup Media Corporation, a publicly traded company, has filed a Form S-3 with the SEC to offer up to $200 million in common stock, warrants, units, or rights to purchase bitcoin and meet working capital requirements.


πŸš€ El Salvador Travel Agency Bitcoin Travel sells first history tour paid ntirely in Bitcoin.


πŸ”’ People are abandoning exchange storage of BTC. Number of deposit addresses on centralized exchanges falls to 8-year low.


πŸ”₯ Tick-tock: Today marks the 60-day deadline for U.S. Treasury Secretary Scott Bessent to deliver a game plan for creating a Bitcoin Strategic Reserveβ€”as ordered by Trump back on March 6.

Will the U.S. go full Chad Nation-State Bitcoiner? Or is this just more political hopium?

πŸ‘€ Either way, markets are watching.

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