GM. This is the Never Die Newsletter, where I share whatever crypto news and content I feel like, every week, short and sweet, right to your beautiful little inbox.
This week we have:
📰News: Tempo Blockchain Launches Public Testnet
🌟Narrative of the week: Fed Cuts Rates
NEWS📰
🚀 Tempo Blockchain Launches Public Testnet
Tempo, the payment focused blockchain backed by Stripe and Paradigm, has officially launched its public testnet to stress test features like stablecoin native gas and instant settlement. With a $5 billion valuation, the network aims to solve the scalability and fee issues that hinder general purpose blockchains from handling global financial applications.
📺 YouTube Integrates PayPal’s PYUSD for Creator Payouts
YouTube has enabled US creators to receive payouts in PayPal’s stablecoin. This integration marks a significant mainstream endorsement that could accelerate stablecoin adoption, coinciding with PYUSD's explosive growth to a $3.9 billion market cap.
🔵 Coinbase Poised to Launch Prediction Markets & Tokenized Stocks
Coinbase is set to officially unveil its entry into prediction markets and tokenised stocks during a livestream next week, following its strategic alliance with Kalshi. This major expansion targets a booming sector with record trading volumes, positioning the US exchange to compete directly with rivals.
🏦 J.P. Morgan Arranges $50M Tokenized Bond on Solana
J.P. Morgan has successfully executed a landmark $50 million tokenized commercial paper issuance for Galaxy Digital on the Solana blockchain, utilizing Circle's USDC for settlement.
🎮 ChronoForge Shuts Down
Web3 RPG ChronoForge will permanently cease services on December 30 due to critical funding shortages and terrible market sentiment, forcing the studio to close despite founders self funding development and slashing 80% of staff.
⚖️ Do Kwon Sentenced to 15 Years
Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison for the $40 billion ecosystem collapse. Judge Paul Engelmayer cited the urgent need to "incapacitate" Kwon after hearing devastating testimonies from victims.
Narrative of the Week: Fed Cuts Rates
The Federal Reserve pulled the trigger on a 25 basis point cut this week, lowering the target range to 3.50% – 3.75%. But this wasn’t a victory lap it was a tactical retreat to save the labor market while keeping one eye on sticky inflation. Here’s what happened:
The Cut: Rates are down by 0.25%, confirming the central bank is shifting from fighting inflation to sustaining the expansion. Liquidity conditions just got slightly looser.
The Hawkish Signal: Powell made it clear this isn't the start of a free fall in rates. The language shifted to signal a slower pace for 2026.
Market Reaction: Bitcoin rallied upwards in anticipation of the announcement but since then has continued its sideways and down trend.
Even with Powell signaling slower cuts, 2026 looks incredibly bullish for crypto thanks to incoming eSLR changes that will unlock massive bank liquidity. Trump is also expected to replace Powell with a pro rate cut loyalist in May, flipping the policy switch to easy money. Politically, the pressure is on after Democrats stunned the GOP by flipping both the Miami and NYC mayoral seats. Republicans effectively need a booming market to survive the midterms, meaning they’ll push hard for lower taxes and tariff dividends to create a wealth effect.
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