Here is a 2-minute breakdown of everything important that happened in crypto today.
The AI on your screen just birthed a viral sensation – and crypto didn't waste a second jumping on it.
While the markets are doing their usual stuck-in-a-range thing, ChatGPT's "Ghiblify" feature has exploded across social media feeds everywhere.
And you know what happens when the internet finds a new obsession, right? Crypto follows – faster and more aggressively than anyone expects.
The timing couldn't be more perfect for meme coin traders desperately seeking inspiration after weeks of market stagnation.
So what's going on in the wider crypto world today? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
- ChatGPT's "Ghiblify" feature sparks new crypto tokens with GHIBLI hitting $28.3M market cap overnight. What other Ghibli tokens are riding this wave? 🎨
- SBF transferred to Oklahoma City days after unauthorized Tucker Carlson interview. What got him put in solitary? 🚨
- Trump's SEC nominee Paul Atkins under fire from Elizabeth Warren over $25-50M crypto consulting ties. What's the real problem? 💼
- JELLY memecoin exploiter still holds 10% of supply worth $2M after $6.26M hack. Any response from Hyperliquid? 🍯
- BlackRock launches Bitcoin ETP across major European exchanges. Why the cautious outlook from experts? 📈
Let's dive in!
A New Crypto Trend?
Studio Ghibli's iconic art style is taking over social media thanks to ChatGPT's new "Ghiblify" feature - and crypto markets are following the trend with surprising speed.
A Solana-based GHIBLI token skyrocketed to a $28.3 million market cap practically overnight, despite Studio Ghibli's co-founder Hayao Miyazaki famously calling AI "an insult to life itself."
The timing aligns perfectly with Pump.fun's launch of PumpSwap, which has nearly doubled token launches on its platform after weeks of meme coin stagnation.
What other Ghibli-related tokens are enjoying this new wave? Read the full story!
A Little Bit About SBF…
Sam Bankman-Fried has suddenly disappeared from his Brooklyn detention center, now transferred to Oklahoma City just days after his unauthorized Tucker Carlson interview.
This move contradicts a federal judge's recommendation that he remain in New York to assist with his appeals process.
His recent shift to conservative media outlets has raised speculation about a potential presidential pardon strategy, especially after claiming he "wasn't a criminal" during the Carlson interview.
What did SBF say about his former colleague Ryan Salame that got him put in solitary? Read the full story!
SEC Nominee Issue
Trump's SEC Chair nominee Paul Atkins faced fire from Senator Elizabeth Warren over his crypto consulting ties worth $25-50 million.
When pressed about who would buy his stake in Patomak Global Partners, a firm that advised FTX among others, Atkins declined details beyond "White House guidance."
Warren's response was cutting: "Some people might call that a pre-bribe."
What exactly is the problem? Read the full story!
The JELLY Trader Is Still Holding
A mysterious trader who exploited the JELLY memecoin for $6.26 million still controls 10% of its total supply, worth nearly $2 million.
The exploit involved perfectly timed positions: two longs and a strategic short position that exploited Hyperliquid's liquidation mechanics.
Despite Hyperliquid freezing and delisting JELLY, the exploiter continues holding a significant position, purchased entirely after March 22.
How did this exploit happen just two weeks and is there any response from the Hyperliquid team? Read the full story!
Bitcoin ETP ‘key’ for EU Adoption
The world's largest asset manager has launched its Bitcoin ETP on major European exchanges, opening new doors for institutional capital across the continent.
Despite BlackRock's $11.6 trillion influence, analysts caution this European product likely won't match its American counterpart, which commands over 50% of the US Bitcoin ETF market.
Where is this pessimism coming from? Read the full story!