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 Real Reason Behind The Recent Crypto Crash
📺 Latest Episode: The Q4 Crypto Narrative Just Flipped
📰News: Privy Glitches as Monad Airdrop Goes Live
🌟Narrative of the week: Flash Crash Exposes Crypto’s Liquidity Gaps
NEWS📰
🪂 Privy Glitches as Monad Airdrop Goes Live
Privy briefly went down after heavy traffic from Monad’s MON airdrop claims, affecting lots of users before service was restored. The claim phase lets users reserve tokens ahead of the mainnet launch on Nov. 3, with MON futures already valuing the project near $7B FDV.
🇺🇸 New Bill Could Let Americans Add Crypto to 401(k)s
A new bill introduced by Rep. Troy Downing aims to turn Trump’s executive order into law, allowing alternative assets like crypto, real estate, and commodities in 401(k) retirement accounts. The move would give Americans more flexibility in retirement investing and could channel billions into digital assets.
⚡ MegaETH Opens ICO Registration
MegaETH, an Ethereum L2, has opened registration for its upcoming MEGA ICO via Cobie’s Sonar platform. Participants must complete identity verification by October 27, 2025, with U.S. users needing accreditation. The sale will use USDT on Ethereum and likely follow an English auction format.
🪨 BlackRock Dominates Crypto ETF as Inflows Hit Record Highs
BlackRock pulled in a record $205B in ETF inflows last quarter, with $17B coming from its crypto funds alone, cementing its lead in institutional Bitcoin and Ethereum exposure. Its iShares Bitcoin Trust (IBIT) nears $100B in assets, while the Ethereum Trust (ETHA) is one of the fastest to hit $10B. The surge highlights growing institutional demand for digital assets.
🏦 Ripple Buys GTreasury for $1B
Ripple has acquired GTreasury, a corporate treasury management firm, for $1B, its third major deal of 2025. The move strengthens Ripple’s infrastructure for managing digital assets like stablecoins and tokenized deposits, enabling
instant cross-border settlements.
📈 Gold Hits $30T Market Cap
Gold soared to an all time high of $4,357 per ounce, pushing its market cap to a record $30 trillion (14.5x larger than Bitcoin’s). The 64% surge since January comes amid dollar weakness and global tensions, but analysts predict Bitcoin could be next as liquidity shifts toward risk assets.
The Real Reason Behind The Recent Crypto Crash
In this video, I break down the real reason behind the October 10th crypto crash (the biggest liquidation event in history). I cover the cause, the damage, and the game plan for what’s next in the bull market, plus what I’m buying right now on the dip.
The Q4 Crypto Narrative Just Flipped
In this video, I break down the major crypto narrative flip for Q4 2025. This is an exclusive Obsidian Council update I’m sharing publicly: we’ll cover why top macro analysts are now aligning with my late 2026 top thesis, and what it all means for the rest of Q4.
Narrative of the Week: Flash Crash Exposes Crypto’s Liquidity Gaps
Last Friday night’s black swan crash, sparked by news of a 100% China tariff wiped 15% off BTC in 20 minutes, liquidating over $19B across the market. Here’s what happened
Exchange Dislocation: Binance saw the biggest dislocation, with BTC and alts diverging sharply from other exchange venues amid a sudden liquidity vacuum.
Hyperliquid Resilience: Hyperliquid maintained 100% uptime, executing cross margin ADL flawlessly to keep the platform solvent while others lagged
Market Fallout: The event exposed just how thin crypto liquidity really is especially in smaller alts with many markets freezing or slipping into double digit gaps.
Friday’s flash crash was a brutal reminder that crypto’s market depth is still fragile. Until liquidity broadens beyond majors, extreme volatility like this will keep testing both traders and exchanges.
SOME TWEETS
🚨 TODAY: The Crypto Fear & Greed Index plunged to 22 Extreme Fear, down from 64 Greed just a week ago.
— #Cointelegraph (#@Cointelegraph)
7:30 AM • Oct 17, 2025
The market is dumping just at the right time to push all the 4 year cycle maxi’s to exit.
Right before we transition into an easing cycle and the actual bull run kicks off in 2026.
Imagine holding for 4 years just to sell right before everything actually takes off.
MAX PAIN.
— #Jesse Eckel (#@Jesseeckel)
11:28 PM • Oct 16, 2025
The Monad Airdrop Claim Portal is live
Claim your MON here:
— #Monad (mainnet arc) (#@monad)
1:00 PM • Oct 14, 2025
Gold going up is actually great for crypto.
it’s a clear sign that people have lost faith in fiat
“So why isn’t btc pumping?!”
what? you thought the echo chamber of 10,000 schizo ct personalities meant the rest of the world also believes “btc is DiGiTaL gOlD”?
Obviously not.
— #Ejaaz (#@cryptopunk7213)
3:42 AM • Oct 17, 2025
I can see all of Fintwit back to hurling insults at each other again, so I figured I’d share my view and try to be a voice of reason, even if I end up being wrong.
It’s my job to stick my neck out. I’ve been doing it for years, and I’m still here.
For what it’s worth, I think
— #Julien Bittel, CFA (#@BittelJulien)
10:34 AM • Oct 17, 2025
BITCOIN IS LAGGING BEHIND GLOBAL LIQUIDITY AND GOLD.
M2 is surging.
Gold is ripping.
Bitcoin is sleeping.This divergence never lasts.
Liquidity always finds risk.The catch-up rally will be brutal.
— #Merlijn The Trader (#@MerlijnTrader)
12:00 PM • Oct 16, 2025
MEME OF THE WEEK
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