OVERVIEW

Altcoins Look Close To Death Or Primed To Pump 💀

Source: Giphy

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total market and altcoin market cap charts:

Source: TradingView

NEWS IN THREE SENTENCES
Crypto News 📰

🔐 Ledger Adds Alchemy Pay Integration for Instant Crypto Buys and Sells

Ledger teamed up with Alchemy Pay (ACH.X ( ▼ 4.32% )) to add quick and easy fiat-to-crypto purchases to the Ledger Live wallet app, streamlining crypto transactions across 173+ countries and 50+ fiat currencies. Users can now instantly buy crypto using methods like Visa (V ( ▼ 1.29% )) , Mastercard (MA ( ▼ 0.92% )) , or bank transfers, eliminating tedious onboarding. In other words, your hardware wallet just got a usability upgrade worthy of 2025. Alchemy Pay.

⛽ Avalanche’s “Octane” Upgrade Promises Cheaper Fees, Validators Now In Charge

Avalanche (AVAX.X ( ▼ 3.3% )) is rolling out the “Octane” upgrade, designed to significantly lower gas fees on its C-Chain and dynamically adjust gas limits based on validator preferences. This upgrade addresses longstanding spikes in fees caused by Avalanche’s previous static gas model, which often struggled during network surges. Validators now have direct input, adjusting gas targets to suit network conditions, ensuring smoother, cheaper, and more predictable transactions. Avalanche.

❄️ Cardano Proves It Can Freeze Your Tokens, For Your Own Good

Cardano (ADA.X ( ▼ 4.99% )) proudly demonstrated their freeze-and-seize programmable token capability, just to remind everyone they can shut you down if you’re naughty—or if regulators ask nicely. They built a prototype stablecoin called WST that can seize assets from accounts, advertising it as essential for compliance—great news if you’re a regulator, slightly terrifying if you’re North Korea. IOHK.

NEWS
Pardon Me? CZ Denies Trump Deal, Questions WSJ Motives 🧑‍⚖️ 

The Wall Street Journal kicked up a storm with its report that Trump’s family was sniffing around for a stake in Binance’s U.S. arm. It also claimed that Binance founder Changpeng “CZ” Zhao — fresh off a big settlement and brief prison stint — was angling for a presidential pardon. 😲 

Cue the frenzy.

On paper, the Trump orbit plus Binance sounds like the ultimate reality show. The deal was supposedly linked to Trump’s fledgling DeFi project, World Liberty Financial. But CZ poured cold water on everything, insisting there was no handshake with anyone named Trump and no hush-hush pardon negotiations.

CZ Responds 📱 

CZ took to social media, saying the WSJ’s story was, well, news to him. He shot down any notion of a pardon hustle or an investment arrangement.

Source: CZ’s X.

If you take CZ at his word, a Trump-Binance alliance is one conspiracy that never made it off the drawing board. ✏️ 

TECHNICAL ANALYSIS
If Its Red, It Looks Dead 💀

The altcoin market right now is either chillin’ on a hammock or clinically depressed. And by depressed, I mean the charts look like they’re one candle away from needing a funeral. 😵 

Altcoin Monthly Charts – Click to enlarge.

If your vision isn’t trash, you might not even need to click the multi-chart image above to see just how fooked some altcoins are—but give it a tap anyway, misery loves company.

They’re not just down—they’re flatlined. Roadkill status. People aren’t even slowing down to rubberneck; they’re actively accelerating. Starting with BAT.X ( ▼ 4.39% ) on the top left and moving closewise, here’s what happening:

• Basic Attention Token: On track for its lowest monthly close… ever.

• Compound (COMP.X ( ▼ 5.71% )): Hasn’t been this ugly in 21 months, aiming for a new low.

• Dash (DASH.X ( ▼ 1.69% )): Just straight up hitting all-time lows like it’s a competition.

• Polkadot (DOT.X ( ▼ 1.66% )): Eyeing the abyss, flirting with lowest monthly closes and fresh record lows.

• Mina Protocol (MINA.X ( ▼ 3.3% )): Already broke the floor; now gunning for a second straight month of record lows.

• ICON (ICX.X ( ▼ 2.91% )): No bottom in sight, just casually setting new lows.

• FLOW (FLOW.X ( ▼ 3.15% )): Same deal, breaking records no one asked it to break.

• Filecoin (FIL.X ( ▼ 3.29% )): Determined to achieve maximum sadness, lowest monthly closes inbound.

Not Everything Looks Like It Died 📿 

While the altcoins above showcase one chunk of the altcoin market as dead or dying, there’s another chunk that looks positioned to punch the reverse button soon. 🔘

Injective Protocol Monthly Chart – Click to enlarge.

Akash Network Monthly Chart – Click to enlarge.

Both INJ.X ( ▼ 4.76% )’s and AKT.X ( ▼ 2.83% )’s monthly charts represent another large section of the altcoin market that has both of these conditions present:

• A near equal amount of time retracing lower as it did moving higher.

• 50% retracement complete.

Let’s see if this part of the altcoin market is a heads up to higher prices… or just a bunch of laggards ready to dump. 🤷 

ON-CHAIN ANALYSIS
Burnt Bag Briefing 🔥 

Want to know whether the bulls or bears are feeling the most pain today? Well, this is the place to look. 👀

24-Hour Liquidation Heat Map – Source: coinglass – Click to enlarge.

In the past 24 hours, 82,002 traders were liquidated, with total liquidations reaching nearly $209.80 million.

The largest single liquidation occurred on Binance, a BTCUSD pair valued at $9.43 million.

Longs lost $130.44 million, while shorts were hit for $79.36 million. 🤕

NEWS IN THREE SENTENCES
AI & Privacy News 🕵️ 

🤖 Enjin Introduces AI-Powered Code Assistant to Simplify Web3 Development

Enjin just launched Enjin (ENJ.X ( ▼ 5.4% )) Platform AI, a ChatGPT-based assistant designed to simplify Web3 development. Whether you’re minting NFTs or debugging tricky code, this AI handles it in a conversational style, saving devs from endlessly sifting through documentation. Future updates will even allow direct on-chain execution—making your Web3 builds smoother, faster, and less of a headache. Enjin.

🚄 Metis Unveils Hyperion Layer-2 Built for High-Speed AI

Metis (METIS.X ( ▼ 4.02% )) introduced Hyperion, a next-gen Layer-2 chain specifically designed for real-time AI workloads, gaming, and high-frequency dApps. The new chain utilizes parallel execution, decentralized sequencers, and MetisVM, significantly boosting transaction speeds compared to traditional Layer-2 solutions. Metis.

NEWS IN THREE SENTENCES
Metaverse, NFT, & Gaming News 🎮️

📚 Ronin Thinks They’ve Solved Web3 Gaming Growth

Ronin’s (RON.X ( 0.0% )) “Growth Playbook” is out, promising to share their secret sauce from Axie’s (AXS.X ( ▼ 3.29% )) glory days. The book dives deep into social strategy, NFT launches, and sustainable economies—basically telling you to do what every successful Web3 game already figured out years ago. Ronin.

👗 Decentraland’s Metaverse Fashion Week Returns, Promising Infinite Digital Identities

Metaverse Fashion Week 2025 hits Decentraland (MANA.X ( ▼ 6.24% )) April 9–12, bringing immersive runways, AR-enhanced showrooms, and digital fashion experiences from global brands like Cyberdog, Free The Youth, and more. With themes centered around “Infinite Identities,” expect AI-driven styling, phygital wearables, and interactive fashion games. Your avatar’s fashion sense is about to level up big-time. Decentraland.

NEWS IN THREE SENTENCES
DeFi, DEX, & Lending Protocol News 🏦

🍣 SushiSwap Lands on Hemi, Bridging Bitcoin Security and Ethereum Flexibility

SushiSwap (SUSHI.X ( ▼ 3.78% )) has officially launched on Hemi—a modular blockchain combining Ethereum’s programmability with Bitcoin’s unmatched security. Users can now swap assets and provide liquidity through Sushi’s familiar interface, enjoying “superfinal” security via Hemi’s innovative Proof-of-Proof mechanism. SushiSwap.

🤝 Starknet Bridges Bitcoin and Ethereum, Because Interoperability Actually Matters

Starknet Foundation is making waves with plans to settle transactions on both Bitcoin and Ethereum. Starknet’s Layer-2 solution is designed for cross-chain settlement, hopinh to blend Bitcoin’s secure monetary framework with Ethereum’s programmability. By using STARK.X ( ▼ 2.87% ) proofs, Starknet envisions a future where developers can deploy once, settle anywhere, and leverage both ecosystems’ strengths without reinventing the wheel every time they switch chains. Starknet.

LINKS
Links That Don’t Suck 🔗

👜 Ledger research team discovers potential weakness in Trezor wallets

🤑 Six Trump cabinet members hold Bitcoin worth millions, latest disclosures reveal

👍️ US Bitcoin ETFs break outflow streak with $13.3M inflow

🔐 Understanding the importance of your seed phrase in crypto security

😡 Lazarus Group moves stolen crypto through mixers and deploys new malware

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