TL;DR

• Musk’s New Spin on DOGE—Department Edition

• The DEXX Hack: A $13 Million Wake-Up Call

• Spot Bitcoin ETF Options Get a CFTC Green Light

• Trump Media Group Loses a Major Player

• Coinbase Pro Sees BTC Heading for the Exit

• DEXX Chases Hackers Across the Globe

• Spot Bitcoin ETF Bleeds $239.6 Million

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

Musk’s New Spin on DOGE—Department Edition

Elon Musk is back at it again with his unconventional takes. This time, he’s touting the potential of the Department of Government Efficiency (DOGE)—and no, it’s not the meme coin this time (or is it?). Musk teased that the DOGE initiative could unlock some serious opportunities, leaving us wondering if it’s a real government reform effort or another one of his tongue-in-cheek social experiments. Either way, when Musk says “potential,” crypto fans start checking their wallets, and government officials check their calendars for a meeting they somehow weren’t invited to.

The DEXX Hack: A $13 Million Wake-Up Call

SlowMist dropped a bombshell report confirming that the DEXX hack left over 500 users nursing a combined $13 million loss. The breach has shaken the DeFi community, with affected users collectively yelling, “Where’s my money?” in Telegram groups worldwide. The hack highlights the eternal truth of crypto: “Not your keys, not your coins.” Meanwhile, the hackers are probably sipping mojitos, leaving DEXX scrambling to piece their system—and their reputation—back together.

Newsletter Bitcoin

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

Spot Bitcoin ETF Options Get a CFTC Green Light

A Bloomberg analyst confirmed that the CFTC has cleared the path for listing spot Bitcoin ETF options, and traders are buzzing. This could be a big step forward for Bitcoin derivatives and a not-so-subtle “watch out” to gold ETFs. While the crypto crowd cheers for better market access, skeptics warn that the CFTC’s blessing might come with a regulatory hangover. But hey, what’s a crypto milestone without a little drama?

Trump Media Group Loses a Major Player

In a surprise twist, one of Trump Media Group’s biggest shareholders has almost entirely sold off their stake. While Trump loyalists might call it “fake news,” the trading floor whispers that this move signals shaky confidence in the company's future. Or perhaps the shareholder just wanted to exit while the SEC wasn’t looking too closely. Either way, it's a classic plot twist in the never-boring Trump business saga.

Coinbase Pro Sees BTC Heading for the Exit

Over 13,640 BTC flowed out of Coinbase Pro this week, raising eyebrows across the market. While some speculate a whale migration to cold wallets, others are clutching their pearls, wondering if these exits signal a bearish pivot. Whatever the case, Coinbase Pro might need some comforting words right now—“it’s not you, it’s them.” In the crypto world, loyalty is fleeting, but the blockchain receipts last forever.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

DEXX Chases Hackers Across the Globe

After the devastating hack, DEXX is on a mission, coordinating with law enforcement agencies worldwide to file cases and track down the culprits. Think of it as a global hide-and-seek game, except the stakes are millions of dollars and a lot of angry users. The team’s hope of communicating with the hackers sounds oddly optimistic—because, you know, hackers are known for being chatty and reasonable.

Spot Bitcoin ETF Bleeds $239.6 Million

The U.S. spot Bitcoin ETF didn’t have its best day, recording a hefty net outflow of $239.6 million. Whether it’s market jitters or just whales playing hot potato, the outflow is hard to ignore. Crypto markets are already volatile enough without ETF holders deciding to cash out en masse. It’s a bit like a high-stakes poker game, and yesterday, Bitcoin ETFs folded while everyone else just watched and shrugged.

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform