Crypto Saving Expert Newsletter - Issue 143

Good afternoon! Bitcoin has corrected slightly but remains just over 10% away from its all-time high, suggesting that bullish conditions may be back. 

Let’s take a deep dive into bitcoin, macro markets, and key levels to watch this week. 👇

This week's issue will feature technical analysis of bitcoin, Stonksy, Ethereum and the S&P500 as well as important dates and key news stories.

Table of Contents

Sponsored by: BloFin

Why BloFin?

  • Fair Trading: No internal or sister company market makers; BloFin doesn’t trade against its users.

  • Independent Liquidity: BloFin’s order books and liquidity is not shared with any large exchanges.

  • Transparent Leadership: The founder is fully doxxed—check out their Twitter here.

  • Impressive Volumes & Liquidity: Considering BloFin’s launch in 2023, its performance outshines many competitors like BingX.

  • Extensive Trading Options: Access 397+ futures pairs and 130+ spot pairs.

  • Secure Custody: User assets are held with Fireblocks, eliminating risks like hot wallet breaches.

  • Verified Proof of Reserves: Independently verified on Nansen for maximum security.

  • Chainalysis Integration: Ensures BloFin doesn’t accept illicit funds.

  • Instant Trade Execution: One of only four exchanges globally to achieve in-memory trade execution.

  • User-Friendly Policies: No KYC required, worldwide access via a VPN, and a mobile app for trading on the go.

  • Outstanding Customer Support and exciting user campaigns to enhance your experience.

Start trading with confidence and take advantage of BloFin’s innovative platform. Sign up now through our exclusive link:

Bitcoin Back On The Bull?

Bitcoin

Bitcoin came into its biggest obstacle on the road to $100,000 and potentially a new all-time high. 

The $97,000 - $99,000 region is huge for the price as it acts as supply where sellers will look to slow the price down and buying pressure is counteracted. 

For now, bitcoin is holding the yearly open, but should it drop further, a sweep of (1,661 would provide a full liquidity run. Below there, and a retest of $88,000 may occur.

Stonksy

Stonksy perfectly caught the pump-up last week, which can be seen with the green background. 

As momentum began to stall, Stonksy switched into the red, capturing the downside move also. 

Stonksy provides full access to the indicator, Discord server and its trading bots. Get 20% OFF your first month of Stonksy, with no contract. 

Use code BOT20 at checkout on the monthly plan: HERE.

Ethereum

Ethereum has clear support and resistance in what has become a trading range for the price. 

Above, macro S/R separates ETH from being in a bull or bear trend. Below support, key S/R for the price resides between $1,650-$1,675.

Ethereum has yet to fully get going in the market, with it still to develop its own momentum.

S&P 500

The S&P 500 index came into supply alongside bitcoin. 

The price tagged $5,700 perfectly before retracing, with up to $5,785 as a wall separating more upside from a stall in momentum. 

From here, the index must gain acceptance above the zone, or it may fall to the downside, looking to put in another higher low somewhere.

Fear & Greed Index

The Fear and Greed Index remains within Greed, scoring 59. 

Following bitcoin’s surge over the last two weeks, investors are in good spirits, despite the slight fall from $97,000 in recent days. 

If bitcoin remains above $90,000, then the sentiment likely stays positive, which could be boosted more with a rally towards $100,000.

Important Dates

Wednesday 7 May, 19:00 UTC - Fed Interest Rate Decision

The Federal Open Markets Committee meeting occurs eight times a year. The Fed meets to discuss recent economic data and the strength of the US economy before deciding whether it should increase, decrease, or leave rates unchanged. 

The Federal Reserve is composed of a Board of Governors that assists its Chair, Jerome Powell, in making interest rate decisions and steering the US economy. 

At 19:00 UTC, the Fed will announce its interest rate decision. Afterwards, a press conference will begin at 19:30, where Powell will conduct a 30-minute speech before taking questions from the press.

Gainers

Losers

Token Graveyard: 1 in 4 Crypto Tokens Have Died in 2025 So Far

Over 1.8m crypto tokens have already failed in 2025, with tools like Pump.fun fueling memecoin surges — and collapses. CoinGecko says nearly 1 in 4 tokens are dead this year alone.

🪦 1.8m tokens launched since 2021 failed in Q1 2025 alone, nearly half of all token failures.

📉 The surge in token deaths follows January’s market volatility and Trump’s post-inauguration tariff threats.

🧪 Token creation tools like Pump.fun have made launching crypto tokens easier, but survival much harder.

📊 Over seven million tokens have been listed on CoinGecko’s GeckoTerminal since 2021, with a 53% failure rate.

🐸 Pump.fun memecoins see a 98% failure rate, despite a high number of daily launches.

🧼 Crypto Market Cleans House: Token Failures Surge in 2025

The cryptocurrency market is facing a wave of token failures, and the first quarter of 2025 has already made history.

According to a 30 April report by CoinGecko, 1.8 million crypto tokens failed in Q1, accounting for one in four tokens launched since 2021. The surge marks the highest quarterly token death count ever recorded.

“Alarmingly, the first quarter of 2025 alone saw the collapse of 1.8 million tokens,” said CoinGecko analyst Shaun Paul Lee. “It comprises just under half of all failures and represents a quarter of all tokens launched since 2021.”

🧬 Pump.fun Changed Everything — For Better or Worse

The rise in token creation tools like Pump.fun, which allows users to easily launch new tokens on Solana, has directly contributed to the massive increase in launches and failures.

📊 In 2024 alone, over three million tokens were launched, the most in a single year.

🤔By contrast, 2023 saw just 835,000, and 2021–2023 combined only accounted for 12.6% of all failures since 2021.

Pump.fun’s graduation rate — the percentage of tokens that move off the bonding curve to trade on public markets — remains extremely low. Only 1.67% of tokens “graduated” in the platform’s best-ever week (November 2024). The average failure rate hovers around 98%.

“The flood of memecoins and low-effort projects entering the market is unprecedented,” Lee noted.

⚠️ Market Turbulence, Tariff Tensions and Token Turmoil

The uptick in failed tokens has come alongside broader market volatility, including Donald Trump’s presidential inauguration in January, temporarily sending bitcoin to all-time highs before the crypto market corrected sharply.

As tariff fears spread and investor sentiment cooled, tokens - especially memecoins — bore the brunt. Interest in speculative coins like TRUMP and LIBRA spiked in early Q1 but has since waned sharply, according to CoinGecko founder Bobby Ong.

📉 Will Token Quality Improve?

With token creation now easier than ever, and little barrier to launching speculative coins, many are calling for more community standards, liquidity filters, or social risk labels to help guide new investors in the increasingly chaotic token landscape.

Still, innovation hasn’t slowed. Tens of thousands of new tokens are created each week, especially within the Solana ecosystem, making due diligence more critical than ever for anyone diving into the trenches.

CZ Defends Free Speech with X Investment: “No Freedom Works Without It”

CZ says free speech is the foundation of all freedoms, explaining why Binance backed Elon Musk’s $500m X investment. At Token2049, he called out bots, praised the UAE, and criticised EU crypto policy.

📢 Former Binance CEO Changpeng “CZ” Zhao says his investment in X (formerly Twitter) was driven by a belief in protecting freedom of speech.

💬 At Token2049 in Dubai, CZ said free speech is essential to achieving financial freedom and other civil liberties.

🌍 He criticised Europe’s crypto policies as “dead,” praising pro-business hubs like the UAE.

💸 Binance invested $500m into Elon Musk’s acquisition of X in 2022 to support decentralisation and Web3 integration.

🤖 CZ still sees major problems with bots and scams on the platform, calling for continued reform.

🔐 "No Freedom Works Without Free Speech," CZ Says in Dubai

Speaking at Token2049 in Dubai, Binance co-founder Changpeng “CZ” Zhao offered a rare public perspective on his investment in Elon Musk’s X (formerly Twitter) — and what it means for global freedoms.

“Freedom of speech is kind of the bottom line. If you don’t have that, no other freedom works,” CZ told a live audience, joined by macro analyst Raoul Pal.

He explained that the 2022 $500m investment by Binance into Musk’s Twitter acquisition was based on this principle. While Binance is known for championing "freedom of money," CZ said the ability to speak freely is the foundation upon which financial freedom is built.

💬 X, Free Speech & Web3 Integration

Binance was one of 19 co-investors backing Elon Musk’s $44bn takeover of Twitter in October 2022. CZ emphasised that the goal was not only financial returns but also helping the platform evolve toward Web3 integration and decentralized features like crypto payments.

The platform has huge value in itself,” Zhao said at the time of the investment.

However, Zhao acknowledged ongoing issues, including:

🧟‍♂️ Bot activity

🎣 Scam tokens

🛠️ Monetisation and development challenges

He called on Musk to ramp up efforts to eliminate bots, particularly those targeting crypto users.

🏛️ CZ Slams EU Crypto Regulation, Praises UAE

In the same session, CZ criticised Europe’s approach to crypto, calling it overly bureaucratic and stifling innovation.

Europe is kind of dead [for crypto],” he said, contrasting it with the UAE, which he praised for its pro-business stance and openness to digital finance.

Zhao’s comments come as global crypto firms increasingly migrate or expand operations in regions like Dubai and Hong Kong, where regulation is more balanced and forward-looking.

🚀 What’s Next for CZ and X?

Though CZ stepped down as Binance CEO in 2023, he remains a powerful voice in crypto and continues to invest in education and infrastructure through ventures like Giggle Academy, a free educational platform.

His vision for X includes deeper Web3 integration, crypto-based monetisation, and restoring trust in online platforms through decentralisation.

Will Staking Save Ethereum ETFs? Analysts Say It’s Not Enough

Ethereum ETFs may soon allow staking, but Bloomberg analyst Eric Balchunas warns it won’t boost inflows unless ETH sees a sustained price rally. Here's why performance still matters most.

🔐 Approving staking for spot Ethereum ETFs might only have a small impact on investor inflows.

📉 ETH price performance remains the most significant barrier to ETF success, says Bloomberg’s Eric Balchunas.

📊 Spot ETH ETFs saw strong inflows during December’s rally but have slumped since.

🗓️ SEC approval for staking could come by October, with earlier decisions possible in May or August.

📉 ETH is currently down 56% from its December high of $4,107.

🪙 Ether ETF Inflows Still Lagging Behind

Bloomberg ETF analyst Eric Balchunas says allowing staking in US spot Ethereum ETFs is unlikely to create a significant surge in investor inflows, at least not without a more sustained ETH price rally.

It’s only going to help — it can’t hurt,” Balchunas said on the New Era Finance podcast on 29 April, but added: “The bigger problem with Ethereum is performance; it just doesn’t ever go on a nice long rally.

While some investors are hopeful that staking could make ETH ETFs more attractive, Balchunas believes inflows are primarily driven by price momentum, not utility.

🔺 Rally = Inflows

The data backs it up: When Ether rallied following Donald Trump’s election win in November, ETH surged 71%, peaking at $4,107 on 16 December. During this rally, spot ETH ETFs saw 19 consecutive days of inflows, pulling in $2.44bn, according to Farside data.

But since then? It’s been a slow bleed. ETH has dropped 56% from its December high and is now trading around $1,809.

It needs something that is more than just a good week here and there,” Balchunas said.

That lack of consistency has made Ethereum ETFs far less compelling than their Bitcoin counterparts, which saw record highs within two months of launching in January 2024.

🕒 When Could ETH ETF Staking Be Approved?

US ETF issuers are still awaiting a final decision from the Securities and Exchange Commission (SEC) on whether staking will be allowed for spot ETH funds.

Bloomberg analyst James Seyffart said:

It’s possible they could be approved for staking early, but the final deadline is at the end of October.

According to asset managers' filings, intermediate decisions may come as early as late May or late August.

🧾 What’s the Real Hold-Up?

Despite hopes that staking yields could provide passive returns for ETF investors and attract more interest, the core issue remains: price action.

Balchunas made it clear that successful ETFs launch best during bullish market conditions, and Ether’s post-launch downturn has made it harder for the funds to regain momentum.

When you launch an ETF and you have that sort of performance out of the gate, it’s tough,” he concluded.

We’re excited to offer you early access to our exclusive Crypto Saving Expert Monthly Community Plan with a massive 80% discount!

What You Unlock:

- Strategies from top crypto experts
- Exclusive access to market insights, guides, and top tips
- Tools to maximise your crypto savings and investments
- A supportive community of like-minded crypto enthusiasts
- Access to our community Discord

Use the code BTC80 at checkout to claim your discount and get full access to our community plan for just a fraction of the price.

Secure your spot in the Crypto Saving Expert Community today.

Sponsored by: Stonksy

Stonksy is a momentum identifier that aims to capture expansive market moves before they happen by highlighting the start of potential price shifts. It can be used across all markets, including crypto, stocks, indices, commodities, and currencies. 

Stonksy is growing in users week-on-week, proving why it aims to become one of the most-used indicators in the industry. 

You can use code BOT20 to join Stonksy for 20% off your first month. Sign up today.

Find examples of Stonksy indications posted to the X every day: @stonksyio  and learn how to use Stonksy and how it can benefit your trading system on the YouTube channel, with daily livestreams at 12:00 UTC.

This Newsletter is strictly for informational purposes only; the content is generic and has not been tailored in any way. Crypto Saving Expert UAB (“CSE”) is not providing, and should not be interpreted as providing, any form of offer of any currency, security, financial instrument or digital asset, or investment advice, recommendations or strategy. The content of this Newsletter is not intended to replace your own research with regard to any assets, products or services, and any action taken on the basis of this material is entirely at your own risk. CSE neither accepts nor assumes any liability or responsibility for any loss or damage arising out of, or in any way connected to, the Newsletter content. Cryptocurrencies and digital assets may be unregulated in your jurisdiction, any profits may be subject to tax and the value of any investment could fall.  

If you click on a link within this Newsletter to go through to a provider, we may get paid. This usually only happens if you get a product/use a service from it. This is what helps fund CSE and keeps the majority of our content free to use. Two crucial things you should know about this, however: a) this never impacts our editorial recommendations, if something is included, it is because we independently rate it as the best; and b) you will always get as good a deal, or better, than if you went direct. For full details on how CSE is funded, please click here.

CSE collects, processes and stores certain data. Such data may be shared with CSE’s wholly owned subsidiary company, Crypto Saving Expert Limited. Please note that by submitting information about yourself to CSE you are consenting to such use. For full details on our collection, processing and storage of data, together with your rights in relation thereto, please consult our Privacy Statement here.