Unhosted Weekly: Crypto Market Overview #30

Sell in may and go away or maybe stay and pray?

👀 Last week in Crypto

📊 Vitalik Buterin Publishes Proposal to Simplify Layer 1. This is a five-year plan to optimize the Ethereum mainnet by increasing the data volume in L2 layers by 10x.

🔗 This week we will learn about the Fed's interest rate decision. At the moment , 97% of investors believe that the rate will remain at the same level.

⚡️ Thumzup Media Corporation, a publicly traded company, has filed a Form S-3 with the SEC to offer up to $200 million in common stock, warrants, units, or rights to purchase bitcoin and meet working capital requirements.

🚀 El Salvador Travel Agency Bitcoin Travel sells first history tour paid ntirely in Bitcoin.

🔒 People are abandoning exchange storage of BTC. Number of deposit addresses on centralized exchanges falls to 8-year low.


🔥 Tick-tock: Today marks the 60-day deadline for U.S. Treasury Secretary Scott Bessent to deliver a game plan for creating a Bitcoin Strategic Reserve—as ordered by Trump back on March 6.

Will the U.S. go full Chad Nation-State Bitcoiner? Or is this just more political hopium?

👀 Either way, markets are watching.

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