In partnership with

Don't miss crypto's most influential event

Consensus is the world’s longest-running gathering of the global crypto, blockchain, and AI communities.

Curated by CoinDesk and celebrated as ‘The Super Bowl of Blockchain’, Consensus will host North America’s biggest industry-wide event in Toronto this May 14-16. This flagship festival will welcome 20,000 builders, investors, policymakers, and pioneers shaping the future of the decentralized digital economy.

Ready to invest in what’s next? Consensus is your best bet to unlock market-moving intel, make meaningful connections and get business done. You can’t afford to miss it.

Register & Save 20% with BEEHIIV

Happy Friday All!

Here are the top crypto stories of the week …👇💡

This year's top ETF strategy? Shorting Ether — Bloomberg Intelligence 🐻

• Shorting Ether has emerged as the top-performing ETF strategy in 2025, with ProShares UltraShort Ether ETF (ETHD) and T Rex 2X Inverse Ether Daily Target ETF (ETQ) leading the pack, up approximately 247% and 219% year-to-date, respectively, according to Bloomberg Intelligence.

• Ether's value has plummeted by about 54% year-to-date, highlighting the effectiveness of these leveraged short ETFs, which use financial derivatives to inversely track Ether's performance with increased volatility.

• Despite Ethereum's dominance with $46 billion in total value locked, its native token has struggled since the Dencun upgrade in March 2024, which drastically reduced network fee revenues by 95%.

• View Full Article

Fartcoin sees Explosive Growth as it Decouples from Altcoin Market 💨

• Fartcoin, a Solana-based memecoin, has surged nearly 99% over the past week and over 30% in a single day, significantly outperforming the broader crypto market.

• The token's growth coincides with a rebound in asset prices following President Trump's temporary pause on global tariffs.

• Fartcoin's market cap is approaching $900 million, making it one of the most liquid tokens, despite its origins as a joke cryptocurrency.

• The token gained popularity after an AI bot, Truth Terminal, promoted it on social media, leading to increased attention and trading activity.

• View Full Article

Trump-Backed World Liberty Financial Denies Selling 5,471 ETH for $8M Amid USD1 Stablecoin Launch Plans 🕵️‍♀️

• World Liberty Financial (WLFI), a decentralized finance project backed by Donald Trump's family, has denied reports of selling 5,471 ETH, valued at approximately $8 million.

• The denial comes after analytics service Arkham claimed a wallet linked to WLFI sold the Ethereum at a loss.

• WLFI has firmly stated that it has not sold any Ether.

• The project is preparing to launch its stablecoin, USD1, and has hinted at an upcoming airdrop.

• View Full Article

Jack Dorsey’s ‘Block’ Fined $40m after Russian Crime Ring Abused Cash App’s Bitcoin Feature 🚨

• Block, founded by Jack Dorsey, was fined $40 million by New York’s Department of Financial Services for inadequate compliance in Cash App’s crypto operations.

• A 2022 review revealed over 8,300 Cash App accounts linked to a Russian crime ring, highlighting failures in anti-money laundering and know-your-customer protocols.

• The fine underscores the need for evolving compliance measures as companies expand, especially in the crypto sector.

• Block had previously faced scrutiny for compliance issues, including a data breach by a former employee affecting over eight million users.

• This penalty follows an $80 million settlement with US state regulators earlier in the year over similar compliance concerns.

• View Full Article

U.S. SEC Crypto Task Force Roundtable Shows Significant Daylight Compared to Gensler’s Reign 🏛️

• Acting SEC Chair Mark Uyeda proposed a temporary regulatory fix for digital assets during a roundtable, as the agency works on a long-term solution, diverging from the previous approach under Gary Gensler.

• The roundtable, part of a series hosted by the SEC's crypto task force, included participants from Uniswap Labs, FalconX, Coinbase, and the New York Stock Exchange, focusing on consumer protection and clear regulatory rules.

• Mark Uyeda suggested a time-limited, conditional exemptive relief framework to foster innovation in blockchain technology while a permanent solution is developed.

• Commissioner Caroline Crenshaw expressed concerns about crypto exchanges performing multiple roles, which are typically separated in traditional finance to mitigate risks and conflicts of interest.

• View Full Article

Thank you for reading this edition of Digital Asset Insights!

Interested in collaborating with us? Reply to this email, we’d love to hear from you!