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: The 4 Year Cycle Is Dead
📰News: Tether Hits 500M Users
🌟Narrative of the week: Prediction Markets Take The Spotlight
NEWS📰
🌍 Tether Hits 500M Users
Tether’s USDT stablecoin just surpassed 500 million users, a milestone CEO Paolo Ardoino called “the biggest financial inclusion achievement in history.” With a $182B market cap and talks of a $500B valuation, Tether remains the dominant force in stablecoins.
🎲 DraftKings Taps Polymarket for New Prediction Platform
DraftKings is teaming up with Polymarket as the clearinghouse for its new DraftKings Predictions app. The partnership lets DraftKings tap into the booming $4B+ monthly prediction market, offering users a wide range of topics from finance to pop culture. The move also solidifies Polymarket’s dominance, backed by a $9B valuation.
🕊️ Trump Pardons Binance Founder CZ
President Trump has officially pardoned Binance founder Changpeng CZ Zhao, months after his conviction for AML violations. The move clears the path for CZ’s potential return to Binance. Binance hailed the decision as a win for crypto, calling it proof of Trump’s commitment to making the U.S. “the crypto capital of the world.”
💰 Coinbase Buys Cobie’s Echo for $375M
Coinbase has acquired Cobie’s crowdfunding platform, Echo, for $375 million, less than two years after its launch. Echo, known for helping communities invest in early stage crypto projects like Ethena, will stay independent for now as its Sonar product gets integrated into Coinbase. The move signals a revival of onchain public fundraising, echoing the spirit of the 2017 ICO boom.
💼 Aave Labs Acquires Stable Finance
Aave Labs has acquired Stable Finance, a mobile app that lets users earn yield on stablecoins via DeFi markets, as part of its push to make onchain finance mainstream. The deal brings founder Mario Baxter Cabrera and his team into Aave, expanding its retail reach.
🟣 Fidelity Adds Solana Trading
Fidelity has added Solana trading for both retail and institutional clients across its crypto platforms, marking another step in mainstream adoption. The move reflects growing institutional interest in Solana’s ecosystem, which already hosts Tether’s USDT and XAUT.
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The 4 Year Cycle Is Dead!
In this video, I prove the crypto 4 year cycle is officially dead. I’ll show you why the old cycle was never about the halving, how the 2020 COVID response reset everything, and why we’re now in a new 5 year, liquidity driven cycle fueled by AI and institutional demand.
Narrative of the Week: Prediction Markets Take The Spotlight
Prediction markets dominated headlines this week as Polymarket and Kalshi made major moves and even scored official NHL partnerships. Here’s what happened:
Big Leagues: The NHL named both Polymarket and Kalshi as official partners, bringing on-chain predictions to mainstream sports.
DraftKings Move: Polymarket Clearing became the designated clearinghouse for DraftKings, marking its entry into the prediction market arena.
New Entrants: Jupiter Exchange launched prediction markets powered by Kalshi, expanding beyond DeFi trading.
Wallet Integration: Rabby Wallet teased a Polymarket integration, creating a new revenue stream and user funnel for both platforms.
Prediction markets are finding real product market fit especially in sports betting and they’re starting to attract traditional players. The line between crypto speculation and mainstream wagering just got a lot thinner.
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