🐺Another tough week in the markets...

What a week! From Trump’s Crypto Summit lighting a fire under the market to Texas dropping a $250M Bitcoin bomb, March 9–14, 2025, has been a rollercoaster. The scaffolding for a decade-long crypto run is getting bolted into place—here’s the play-by-play.

Strategic Bitcoin Reserve Goes Live

Trump’s March 6 executive order kicked off the Strategic Bitcoin Reserve (SBR), and this week it hit the ground running. @WatcherGuru on X (March 13) pegged the starting stash at $17B in seized BTC, with a “Digital Asset Stockpile” stacking ETH, XRP, SOL, and ADA. The White House Summit on March 7 had Trump and Crypto Czar David Sacks hyping it—Sacks tweeted (March 11) about “more to come,” hinting at bigger moves. Dune Analytics shows wallets tied to World Liberty Financial (WLF) loading up—$10M in ETH and $9.9M in Wrapped BTC since March 9. No taxpayer cash here—it’s all “budget-neutral,” but the signal’s loud: Uncle Sam’s a crypto whale now.

Texas Says “Yee-Haw” to $250M in Crypto

On March 11, @WatcherGuru dropped a nuke: Texas filed a bill to snag $250M in Bitcoin and other cryptos for its own reserve. If it passes, they’re the 8th state in the game. X chatter from @TedPillows (March 12) speculates ETH and SOL could be in the haul—Dune data backs it with wallet spikes in both. This could spark a state-level crypto showdown, and the market’s sniffing opportunity.

Market Chaos: Dips, Rips, and NFT Whips

Bitcoin tanked to $85K post-summit (March 9, X trends) but clawed to $93K by March 13 (@WatcherGuru). ETH’s been a wild ride—dipped below $2K on March 9 (more on that later) but hit $2,113.56 by March 12 (@Creatooors on X). WLF’s buying spree kept altcoins buzzing—SOL and XRP saw green while $WLFI took a hit, per @WorrldLibertFinancial. NFT sales? $121M this week, up 15.2%, with CryptoPunks mooning 500% (X, March 9). Fear and Greed’s at 27—panic’s real, but the oversold vibe screams “discount szn.”

Summit Sparks: Industry Runs the Show

The March 7 summit wasn’t just hot air—Coinbase’s Brian Armstrong, MicroStrategy’s Michael Saylor, and WLF’s Zach Witkoff were in the room (X,@Wolf_Financial, March 10). Trump’s line: “Never sell your Bitcoin.” @TedPillows (March 11) floated a wild one—WLF and Binance cooking a stablecoin? No proof yet, but the summit’s vibe was clear: crypto’s got the wheel now.

Follow-Up: ETH Below $2K—Did We Nail It?

Back on March 9, we called it in our pre-market watch: ETH dipped below $2K as BTC slid to $72K, and we asked—can crypto hold support? Here’s the recap:

• ETH’s Dip: Nailed it—hit $1,998 on March 9 (Dune Analytics), but it’s back to $2,113.56 by March 12. Support held, barely.

• Altcoin Discounts: ARB.X (+3.2%), OP.X (+2.73%), IMX.X (+0.88%)—we flagged ‘em, and they’re climbing.

• TradFi Plays: IBIT (+4.13%), HODL (+3.88%), ETHA (+2.79%)—solid calls, still green. MSTR (+0.27%) and COIN (-7.43%) lagged, but DAPP (+4.84%) popped.

• Our Challenge: “Be bullish with your head, not your heart.” X chatter’s split—

  @Wolf_Financial

  polls show 60% bearish, 40% bullish. We’re leaning bullish—oversold markets and big policy wins say “buy the dip.”

ETH’s bounce and WLF’s altcoin grabs prove the ecosystem’s got legs. Were we right? You tell us—drop your take here. Is $ETHA ( ▲ 5.14% )  a buy? Past literature on $ETH.X ( ▲ 2.37% ) drop and analysis as to why!

Macro Heat: Banks Open, Taxes Tease

The OCC killed crypto custody red tape this week (Axios, March 8)—banks are in the game. Trump’s dangling no capital gains tax on crypto (X, @Wolf_Financial, March 10)—if it lands, risk-on assets go brrr. @TedPillows (March 13) sees altseason brewing, and we’re nodding along.

What’s Next?

Bitcoin’s sniffing $100K, Texas might stack sats, and the U.S. is building a crypto vault. March 9–14, 2025, was messy, but the scaffolding’s up. Track @WatcherGuru, @Wolf_Financial, and Dune Analytics for the pulse—this bull’s warming up!

Speak soon!

V/r,
Noah (Nono) Major

Referrals to be aware (farming):

• AI Hub

• Robinhood

• Webull

• Blofin

• Grass