All Eyes on ETH đź‘€

This Week in Crypto

🔥 👉🏼 This week on Crypto Curious we’ve got a big one — Ethereum is smashing through an all-time high and everyone’s watching what happens next. We’ll break down what Jerome Powell’s latest speech means, and how QE could be fueling the momentum.

🦊 MetaMask is stepping up its game too, unveiling mUSD, a brand-new native stablecoin built to power its DeFi wallet — we’ll explore what that could mean for the ecosystem.

👉🏼 And of course, drama never sleeps in crypto — is Wintermute in hot water again? We’ll unpack the story.

❓Finally, you’ve probably heard the phrase “local top” thrown around lately — but what does it actually mean, and how can you spot one? We’ll explain it in plain English.

Let’s get into it!

Markets at a glance.

X marks the spot.

Good articles.

Over a quarter of Brits said they’d add crypto to their retirement portfolios, while 23% would even withdraw existing pension funds to invest in the space.

Bitcoin reacted swiftly late Monday after President Donald Trump said he is removing Federal Reserve Governor Lisa D. Cook “effective immediately,” invoking the Federal Reserve Act’s “for cause” clause and citing alleged false statements on 2021 mortgage applications. Cook rejected the move, said she will not resign, and has retained counsel, setting up an unprecedented legal clash over presidential power and Fed independence.

Europe’s push for a digital euro is colliding with U.S. stablecoin momentum, forcing policymakers to weigh the risks of public blockchains.

Things you didn’t know (or did you?).

What is a crypto reserve?

A crypto reserve, also known as a crypto strategic reserve, is a stockpile of cryptocurrencies held by a government or institution. It functions similarly to traditional reserves of gold, foreign currencies, energy sources, or commodities such as oil and food. Strategic reserves are created not just by government entities, there are also strategic reserves for large-scale organizations and businesses for anything and everything, such as the Svalbard Global Seed Vault, maintaining a strategic reserve of agricultural seed samples, or the International Strategic Reserve of the Federation of Quebec Maple Syrup Producers. 

‍What are the key features of a crypto reserve?

A crypto reserve is made up of major cryptocurrencies - most commonly Bitcoin. Some reserves are solely made of Bitcoin, others may have a diverse, multi-asset reserve. Crypto reserves can be managed by dedicated agencies or by central banks, similar to Federal Reserves managing traditional reserves. This is different if the reserve is for a private entity. 

One of the key features of a crypto reserve is safety protocols, as they require robust custody solutions and decentralized vault systems managed extremely carefully. Who they are managed by and how is a vital discussion in the creation of a crypto reserve.

In Other Crypto News!

Haters gonna hate!

Taylor Swift Engagement: Did Her Guitarist Game Polymarket Odds?

A Polymarket user bet $385,000 on Taylor Swift’s engagement, shifting market odds by 12% just before the news broke.