I Bet My House On Crypto..... Literally

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

Donald Trump Dancing GIF by PBS News
Crypto Market Overview
👻
Crypto Market Overview
GLOBAL MARKET CAP
$3.01T
1.50% (7d)
24H MARKET VOLUME
$78.92B
6.57% (24h)
BITCOIN'S DOMINANCE
63.85%
FEAR & GREED INDEX
55
Neutral
Top Cryptocurrencies
Bitcoin (BTC)
$97,093.78
2.79% (7d)
Ethereum (ETH)
$1,838.82
3.31% (7d)

Data as of May 2, 2025 1pm UTC

NEWS📰

  1. 📜 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.

  2. 💵 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.

  3. 📉 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.

  4. 💥 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.

  5.  🪙 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:

Dolomite (Users)
Zora (Platform Users)
Ethena (Season 3)
Initia (milkTIA and NFT holders)


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

Login or Subscribe to participate in polls.

see ya goodbye GIF by Originals