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:
🎙️Hot Off the Mic: I Sold my House & Invested Everything in Crypto
🎥 Latest Episode: A Deep Dive Into The Debt Cycle Theory
📰News: North Carolina House Approves State Crypto Investment Bill
🌟Narrative of the week: Movement Labs Meltdown
NEWS📰
📜 North Carolina House Approves State Crypto Investment Bill
North Carolina’s House passed the Digital Assets Investment Act, allowing the state treasurer to invest up to 5% of public funds in approved cryptocurrencies. The bill now moves to the Senate, North Carolina follows Arizona, where crypto investment bills await the governor's approval.
💵 Tether Reports $1B Q1 Profit
Tether’s Q1 2025 report shows $120B in U.S. Treasury exposure and $1B in profit. USDT’s supply grew by $7B, with 46M new wallets. Meanwhile, USDT and USDC now dominate 87% of the stablecoin market.
📉 Coinbase to Suspend MOVE Token Trading
Coinbase will suspend trading of Movement Network’s MOVE token on May 15, citing it no longer meets listing standards. The token fell 14.5% following the news. A third party investigation into a past market making deal linked to its December 2024 price crash is still ongoing.
💥 Ripple’s $5B Bid to Acquire Circle Rejected
Ripple reportedly made a $4–$5 billion offer to acquire USDC issuer Circle, but the bid was rejected as too low, according to Bloomberg. The attempt came shortly after Circle filed for a U.S. IPO. Ripple hasn’t confirmed plans for another offer.
🪙 SEC Drops Probe Into PayPal’s Stablecoin
PayPal says the SEC has officially closed its investigation into its PYUSD stablecoin with no enforcement action. The probe began in November 2023 with a subpoena, but PayPal was informed in February that the case was dropped.
I Bet My House On Crypto….. Literally
In this week’s video, I’m sharing exactly why I made the bold move to sell my house, the altcoins I bought with my house money, and why I believe the biggest gains in crypto are still ahead.
A Deep Dive Into The Debt Cycle Theory
In this week’s video, I’m diving into the Debt Cycle Theory, one of crypto’s most powerful predictors and why it's signaling a peak in 2026. Here's what this means for Bitcoin, altcoins, and the entire crypto market.
Narrative Of The Week: Movement Labs Meltdown
Movement Labs is in hot water after rumors of token dumping scandal. Here’s how it’s playing out:
Founder Fallout: Co-founder Rushi Manche was suspended after a market maker dumped over 5% of MOVE’s supply, crashing the token’s price.
Coinbase Delists MOVE: Coinbase will suspend MOVE trading on May 15, raising concerns over manipulation and listing standards.
Airdrop on Hold: A planned airdrop was delayed, frustrating the community and adding to the growing trust issues.
MOVE’s credibility just took a hit. With Coinbase stepping away and internal drama brewing, Movement Labs faces an uphill battle.
AIRDROPS 🪂
To Claim:
To Farm:
Sonic: Formerly Fantom
Backpack: Spot and Futures Trading
Symbiotic: Restaking your ETH
Dolomite: Defi Looping
Contango: Defi Looping
SOME TWEETS
MEME OF THE WEEK
TEMPERATURE CHECK📒
How Would You Rate This Week’s Email
