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:
📺 Latest Episode: My Crypto Portfolio After 5 Brutal Months
📰 News: Robinhood Authorizes $1.5B Buyback
🌟 Narrative of the week: Fannie Mae Backs Bitcoin Mortagages
NEWS📰
🏹 Robinhood Authorizes $1.5B Buyback
Robinhood announced a massive $1.5 billion share repurchase program and expanded its credit facility to nearly $4.9 billion, signaling strong management confidence in its long term strategy. Despite the stock hitting a yearly low, Wall Street analysts maintain a bullish outlook as the company actively expands its digital asset footprint.
🏛️ Sacks Steps Down as Crypto Czar
David Sacks has officially wrapped up his 130 day tenure as the White House crypto and AI czar, stepping down due to federal time limits for special government employees. However, he will remain a highly influential figure in Washington by taking on a new role as co-chair of the President’s Council of Advisors on Science and Technology (PCAST), where he will help shape policy across an even broader range of emerging tech sectors.
⛏️ MARA Sells $1.1B in Bitcoin
MARA Holdings has sold approximately $1.1 billion in Bitcoin to repurchase $1 billion of its convertible debt at a discount, effectively reducing its outstanding leverage by 30%. This move allows the largest US Bitcoin miner to acquire $88 million in savings while still retaining over 38,000 BTC on its public balance sheet.
🏦 Bitmine Launches Ethereum Staking Platform
Bitmine Immersion Technologies has launched MAVAN, a new institutional grade Ethereum staking platform designed to manage its own massive treasury while opening validator infrastructure to external clients. Bitmine expects to generate nearly $300 million annually in staking rewards through this US based network.
🧑⚖️ Clarity Act Draft Raises Alarm In the Crypto Industry
A leaked draft of the Senate's upcoming Digital Asset Market Clarity Act is sparking frustration due to its overly restrictive language regarding allowable stablecoin yields. The proposed legislation explicitly bans reward programs that resemble bank deposit interest or offer yield on passive balances, strictly reinforcing the existing prohibitions set by last year's GENIUS Act.
My Crypto Portfolio After 5 Brutal Months
In this video, I break down my crypto portfolio after 5 brutal months and what I’m still holding. I go through what I kept, what I cut, how I’m thinking about risk now, and why the next few weeks into April could be critical based on macro, liquidity, and market structure.
Narrative of the Week: Fannie Mae Backs Bitcoin Mortagages
This week Crypto just made one of its biggest leaps into the real world as Fannie Mae, which backs nearly half of all U.S. mortgages, approved its first crypto backed mortgage structure. In partnership with Better Home & Finance and Coinbase Custody, borrowers can now use their crypto holdings to secure a home loan without needing to sell. Here’s what you need to know:
Crypto as Collateral: Borrowers can now use BTC or USDC for down payments without selling their holdings.
No Forced Selling: Assets remain in custody (via Coinbase Custody), avoiding taxes and market timing risks.
Regulatory Tailwind: Enabled by the new SEC/CFTC clarity, giving institutions the green light to integrate crypto.
This push is slowly giving crypto real legitimacy in mainstream finance. As it gets integrated into mortgage products, it starts to solidify its role as a store of value, not just a speculative tech play. It’s still early, but this kind of adoption is what builds long-term belief in the asset.
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