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0xTreasure

Researcher | Content | Trading | Believe in Something.
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Bullish
Wall Street is no longer just watching; it's officially devouring Bitcoin. In just 30 days, the tide has completely turned. Morgan Stanley launches MSBT with a 0.14% dumping fee to attract customers. Goldman Sachs and BlackRock are competing to apply for Yield ETFs. They are transforming BTC from a speculative asset into an institutional money-printing machine. The total AUM of the ETF group just reached $96.5 billion. BlackRock IBIT alone dominates half the market with 57% market share. Retail fears FUD, while whales are packaging BTC into a mass-market financial product. $BTC #GoldmanSachsFilesforBitcoinIncomeETF
Wall Street is no longer just watching; it's officially devouring Bitcoin.

In just 30 days, the tide has completely turned.

Morgan Stanley launches MSBT with a 0.14% dumping fee to attract customers.

Goldman Sachs and BlackRock are competing to apply for Yield ETFs.

They are transforming BTC from a speculative asset into an institutional money-printing machine.

The total AUM of the ETF group just reached $96.5 billion.
BlackRock IBIT alone dominates half the market with 57% market share.

Retail fears FUD, while whales are packaging BTC into a mass-market financial product.
$BTC #GoldmanSachsFilesforBitcoinIncomeETF
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Bullish
if you’re staking $PIXEL without knowing what Forgotten Runiverse is, you’re staking into something you don’t understand. quick breakdown... Forgotten Runiverse is a free-to-play pixel art MMORPG on Ronin Network... not a farming sim like Pixels. full RPG: dungeons, PvP, guilds, crafting, deep lore. DNA closer to RuneScape and Diablo than Stardew Valley. dev team includes veterans from Blizzard, Ubisoft, Capcom. not a studio that launched three months ago...🤔 global early access dropped March 2025. first 30 days: 1.4 million hours of gameplay, 100K unique players, roughly 15 hours per player on average, per DappRadar data. hit #1 on DappRadar. pulled $700K+ from in-game purchases in that window... the Pixels connection is direct. both games run on Ronin Network with a formal partnership in place. $PIXEL earns and spends inside Forgotten Runiverse. a crossover event dropped a 5M $PIXEL prize pool...Forgotten Runiverse is one of three pools in the Pixels staking system, alongside core Pixels and Pixel Dungeons. why this matters: the more games that use $PIXEL, the more demand comes from sources outside speculation...Forgotten Runiverse is not just a partner game. it’s the first real proof that the Publishing Flywheel thesis can actually work. console ports targeting Nintendo, PlayStation, and Xbox are in the pipeline worth knowing before you stake..@pixels #pixel
if you’re staking $PIXEL without knowing what Forgotten Runiverse is, you’re staking into something you don’t understand.
quick breakdown...

Forgotten Runiverse is a free-to-play pixel art MMORPG on Ronin Network... not a farming sim like Pixels. full RPG: dungeons, PvP, guilds, crafting, deep lore. DNA closer to RuneScape and Diablo than Stardew Valley.

dev team includes veterans from Blizzard, Ubisoft, Capcom. not a studio that launched three months ago...🤔

global early access dropped March 2025. first 30 days: 1.4 million hours of gameplay, 100K unique players, roughly 15 hours per player on average, per DappRadar data. hit #1 on DappRadar. pulled $700K+ from in-game purchases in that window...

the Pixels connection is direct. both games run on Ronin Network with a formal partnership in place. $PIXEL earns and spends inside Forgotten Runiverse. a crossover event dropped a 5M $PIXEL prize pool...Forgotten Runiverse is one of three pools in the Pixels staking system, alongside core Pixels and Pixel Dungeons.

why this matters: the more games that use $PIXEL , the more demand comes from sources outside speculation...Forgotten Runiverse is not just a partner game. it’s the first real proof that the Publishing Flywheel thesis can actually work.
console ports targeting Nintendo, PlayStation, and Xbox are in the pipeline

worth knowing before you stake..@Pixels #pixel
Another $300 million "disappearance" this weekend... The Kelp DAO just had $293.7 million drained from its rsETH adapter. Hackers executed orders extremely smoothly through a cross-chain vulnerability related to LayerZero. ZachXBT called out the culprit, but the money had already been transferred to ETH and Arbitrum. The protocol has temporarily suspended contracts, but it seems a bit late for liquidity providers. This year's LRT season is truly turbulent, with adapters becoming easy targets. $ZRO $ETH $ARB #KelpDAOFacesAttack
Another $300 million "disappearance" this weekend...

The Kelp DAO just had $293.7 million drained from its rsETH adapter.

Hackers executed orders extremely smoothly through a cross-chain vulnerability related to LayerZero.

ZachXBT called out the culprit, but the money had already been transferred to ETH and Arbitrum.

The protocol has temporarily suspended contracts, but it seems a bit late for liquidity providers.

This year's LRT season is truly turbulent, with adapters becoming easy targets.
$ZRO $ETH $ARB #KelpDAOFacesAttack
What's happening with $ZRO
What's happening with $ZRO
Got stopped out and then it dumped right after, so frustrating.... 😭 $RAVE
Got stopped out and then it dumped right after, so frustrating.... 😭
$RAVE
$RAVE Lost all my fund I will never trust these worthless coins again.
$RAVE Lost all my fund
I will never trust these worthless coins again.
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Bullish
#pixel stardew valley. 1 dev. $15. 98% positive on steam. some people have 7,000+ hours. no token no blockchain no NFT just a farm and a feeling you want to come back to every night. pixels took that DNA farming loop, progression, community and added a web3 layer on top. the real question isn't "did pixels copy stardew." the question is: what does web3 add that stardew can't, and what does it take away that stardew already nailed? what it adds: real ownership. your farm is an NFT. the resources you grind are on-chain. your progress can't be wiped by a publisher. the sharecropper model lets you earn from land without being online 24/7. what it takes away: simplicity. stardew you open and play. pixels you need a wallet, reputation score, VIP tier, farmer fee logic, and an unlock calendar. the friction is real. stardew keeps people because it's fun from second one. pixels is trying to build that same pull but stacking an economic layer on top of a game that hasn't proven its fun to a mainstream audience yet. that's the hardest problem they're actually solving. @pixels $PIXEL
#pixel
stardew valley. 1 dev. $15. 98% positive on steam. some people have 7,000+ hours.

no token
no blockchain
no NFT
just a farm and a feeling you want to come back to every night.

pixels took that DNA farming loop, progression, community and added a web3 layer on top.

the real question isn't "did pixels copy stardew."

the question is: what does web3 add that stardew can't, and what
does it take away that stardew already nailed?

what it adds: real ownership. your farm is an NFT. the resources you grind are on-chain. your progress can't be wiped by a publisher. the sharecropper model lets you earn from land without being online 24/7.

what it takes away: simplicity. stardew you open and play. pixels you need a wallet, reputation score, VIP tier, farmer fee logic, and an unlock calendar. the friction is real.

stardew keeps people because it's fun from second one.
pixels is trying to build that same pull but stacking an economic layer on top of a game that hasn't proven its fun to a mainstream audience yet.

that's the hardest problem they're actually solving.
@Pixels $PIXEL
Article
most players in Pixels are optimizing the wrong thing.they track how much PIXEL they farm. they compare yields. they debate which plots are most efficient. none of that matters as much as one number they're probably ignoring: their reputation score. here's why it's concrete. when you withdraw PIXEL from the ecosystem — to sell, to move, to use elsewhere — you pay a Farmer Fee. the range is 20% to 50%. reputation determines where in that range you land. same 1,000 $PIXEL earned. high reputation player withdraws 800+. low reputation player withdraws 500. that's a 300 PIXEL gap from identical farming activity — purely from whether you built reputation or didn't. and it compounds every single withdrawal. reputation also gates everything else. marketplace access requires a minimum of 1,200. below that, most of the secondary market is closed. withdrawal itself requires 2,000, per Pixels FAQ. the Cabbage event is the starkest illustration: players above 2,000 reputation received 24 seeds per day. below 2,000: 1 seed. same event, same time invested, 24x gap in output. how you build it: quests, events, marketplace trades, PIXEL spending inside the ecosystem. connecting Discord gives 200 points. connecting Twitter gives 50. there's also a "Reputable Banker" mechanic — spend PIXEL buying Coin coupons from the bank store, direct reputation gain. what doesn't count: inactive accounts, bot-like patterns, grinding the same action on repeat. the design logic is sound. P2E has always been killed by extractors — wallets that farm and dump without contributing anything. reputation taxes that behavior directly. high fees for low-reputation accounts. gated marketplace. reduced event rewards. the extractor earns less at every layer. genuine players build reputation over time just by doing things that grow the ecosystem anyway. the real caveat nobody talks about: new players enter at reputation 0. highest Farmer Fees. most restricted access. lowest event rewards. established players with high reputation are earning more from the exact same activities. if the early experience is "i earn less than everyone because i'm new" — retention in that window will be weak. and a live game needs constant new player inflow to avoid stagnation. the reputation system is well-designed. whether the onboarding gap gets addressed will determine how long that design actually holds. @pixels #pixel $PIXEL

most players in Pixels are optimizing the wrong thing.

they track how much PIXEL they farm. they compare yields. they debate which plots are most efficient. none of that matters as much as one number they're probably ignoring: their reputation score.
here's why it's concrete.
when you withdraw PIXEL from the ecosystem — to sell, to move, to use elsewhere — you pay a Farmer Fee. the range is 20% to 50%. reputation determines where in that range you land.
same 1,000 $PIXEL earned. high reputation player withdraws 800+. low reputation player withdraws 500. that's a 300 PIXEL gap from identical farming activity — purely from whether you built reputation or didn't. and it compounds every single withdrawal.
reputation also gates everything else. marketplace access requires a minimum of 1,200. below that, most of the secondary market is closed. withdrawal itself requires 2,000, per Pixels FAQ. the Cabbage event is the starkest illustration: players above 2,000 reputation received 24 seeds per day. below 2,000: 1 seed. same event, same time invested, 24x gap in output.
how you build it: quests, events, marketplace trades, PIXEL spending inside the ecosystem. connecting Discord gives 200 points. connecting Twitter gives 50. there's also a "Reputable Banker" mechanic — spend PIXEL buying Coin coupons from the bank store, direct reputation gain. what doesn't count: inactive accounts, bot-like patterns, grinding the same action on repeat.
the design logic is sound. P2E has always been killed by extractors — wallets that farm and dump without contributing anything. reputation taxes that behavior directly. high fees for low-reputation accounts. gated marketplace. reduced event rewards. the extractor earns less at every layer. genuine players build reputation over time just by doing things that grow the ecosystem anyway.
the real caveat nobody talks about: new players enter at reputation 0. highest Farmer Fees. most restricted access. lowest event rewards. established players with high reputation are earning more from the exact same activities. if the early experience is "i earn less than everyone because i'm new" — retention in that window will be weak. and a live game needs constant new player inflow to avoid stagnation.
the reputation system is well-designed. whether the onboarding gap gets addressed will determine how long that design actually holds.
@Pixels #pixel $PIXEL
Are you looking at the $77,000 price level and fearing the peak? Look at the RHODL ratio right now. This indicator just hit its third all-time high, but we haven't yet broken the previous cycle's peak. This divergence is extremely important. It doesn't just mean Bitcoin is shifting from short-term speculators to long-term holders. It means the market capitalization of new players (1 week) is extremely low compared to the group of old players (1-2 years). Smart money is holding tight. The amount of BTC accumulated by institutional investors and ETFs shows no sign of large-scale distribution. We are at the "peak" of the RHODL ratio but the "bottom" of the retail investor boom. The breakout of $77,000 is just the opening shot for the biggest supply shift ever. $BTC #BitcoinPriceTrends
Are you looking at the $77,000 price level and fearing the peak?

Look at the RHODL ratio right now.
This indicator just hit its third all-time high, but we haven't yet broken the previous cycle's peak.

This divergence is extremely important.

It doesn't just mean Bitcoin is shifting from short-term speculators to long-term holders.

It means the market capitalization of new players (1 week) is extremely low compared to the group of old players (1-2 years).

Smart money is holding tight.
The amount of BTC accumulated by institutional investors and ETFs shows no sign of large-scale distribution.

We are at the "peak" of the RHODL ratio but the "bottom" of the retail investor boom.

The breakout of $77,000 is just the opening shot for the biggest supply shift ever.
$BTC
#BitcoinPriceTrends
Brent crude plummets 10% to $90 this morning Trump confirms Iran agrees to permanently open the Strait of Hoỏmuz Black swan event reverses into a white swan event Energy inflation poised for rapid cooling Liquidity begins to withdraw from gold and flow back into BTC and Tech When global transportation costs fall, crypto enters a risk-on wave Don't look at the red oil candle, look at the green candle in your wallet $BTC #AltcoinRecoverySignals? $CL
Brent crude plummets 10% to $90 this morning

Trump confirms Iran agrees to permanently open the Strait of Hoỏmuz

Black swan event reverses into a white swan event
Energy inflation poised for rapid cooling

Liquidity begins to withdraw from gold and flow back into BTC and Tech

When global transportation costs fall, crypto enters a risk-on wave

Don't look at the red oil candle, look at the green candle in your wallet
$BTC #AltcoinRecoverySignals? $CL
$RAVE wtf this token?
$RAVE wtf this token?
BREAKING Trump just thanked Iran on Truth Social for opening the Strait of Hormuz Oil plummets 10%, but don't celebrate too soon This isn't peace, it's a bloody trade Trump declares US Navy will continue to block all Iranian ships until the nuclear deal is 100% complete Iran opens its doors to the world, but it remains chained up Liquidity is starting to return to crypto as energy inflation risks temporarily ease $BTC #USInitialJoblessClaimsBelowForecast $ETH $CL
BREAKING
Trump just thanked Iran on Truth Social for opening the Strait of Hormuz

Oil plummets 10%, but don't celebrate too soon
This isn't peace, it's a bloody trade

Trump declares US Navy will continue to block all Iranian ships until the nuclear deal is 100% complete

Iran opens its doors to the world, but it remains chained up

Liquidity is starting to return to crypto as energy inflation risks temporarily ease
$BTC #USInitialJoblessClaimsBelowForecast $ETH $CL
$RAVE It started falling.
$RAVE It started falling.
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Bullish
The market has just witnessed the most shocking "change of ownership" on the Solana system Tether officially spent $127.5 million to rescue Drift Protocol after the $285 million hack But Paolo Ardoino didn't donate The price to pay is that Drift had to completely decommission USDC and switch to using USDT as its main payment gateway This is a direct punishment for Circle after allowing $230 million worth of USDC to be siphoned off by hackers without freezing it Tether killed two birds with one stone: He became a hero saving DeFi while simultaneously seizing market share from his competitor Drift users will receive Recovery Tokens to recover their funds based on exchange revenue USDT's position on Solana is now unshakeable $SOL $RAVE $BIO
The market has just witnessed the most shocking "change of ownership" on the Solana system

Tether officially spent $127.5 million to rescue Drift Protocol after the $285 million hack

But Paolo Ardoino didn't donate

The price to pay is that Drift had to completely decommission USDC and switch to using USDT as its main payment gateway

This is a direct punishment for Circle after allowing $230 million worth of USDC to be siphoned off by hackers without freezing it

Tether killed two birds with one stone: He became a hero saving DeFi while simultaneously seizing market share from his competitor

Drift users will receive Recovery Tokens to recover their funds based on exchange revenue

USDT's position on Solana is now unshakeable
$SOL $RAVE $BIO
A classic reversal of fortune between Kalshi and the CFTC From number one enemy, the CFTC is now becoming a steel shield protecting the prediction market In just the past 10 days, a series of historic rulings have been issued Federal courts affirm that Kalshi's contracts are financial instruments, not gambling The CFTC directly sues Arizona and Connecticut to prevent these states from prosecuting Kalshi CFTC Chairman Michael Selig declares that jurisdiction belongs exclusively to the federal government The legal shadow that has overshadowed election and sports markets for the past two years has officially vanished This is not only a victory for Kalshi but a full recognition of a new asset class The future of Prediction Markets has never been brightere $BTC $RAVE #Kalshi’sDisputewithNevada $BASED
A classic reversal of fortune between Kalshi and the CFTC

From number one enemy, the CFTC is now becoming a steel shield protecting the prediction market
In just the past 10 days, a series of historic rulings have been issued

Federal courts affirm that Kalshi's contracts are financial instruments, not gambling

The CFTC directly sues Arizona and Connecticut to prevent these states from prosecuting Kalshi
CFTC Chairman Michael Selig declares that jurisdiction belongs exclusively to the federal government

The legal shadow that has overshadowed election and sports markets for the past two years has officially vanished

This is not only a victory for Kalshi but a full recognition of a new asset class
The future of Prediction Markets has never been brightere
$BTC $RAVE #Kalshi’sDisputewithNevada $BASED
The world narrowly escaped the brink of war. Iran officially agrees to hand over its enriched uranium stockpile. Trump declares a historic peace deal is very close. The Strait of Hormuz is about to reopen with promises of cheap oil. Financial markets react instantly. S&P 500 hits a historic high of 7,051 points. Notably, Bitcoin mining stocks like MARA surge 10%. As the nuclear specter recedes, smart money is choosing Bitcoin as a safe haven for the new era. A comprehensive risk-on scenario has been triggered. #USInitialJoblessClaimsBelowForecast $BTC
The world narrowly escaped the brink of war.

Iran officially agrees to hand over its enriched uranium stockpile.

Trump declares a historic peace deal is very close.

The Strait of Hormuz is about to reopen with promises of cheap oil.

Financial markets react instantly.

S&P 500 hits a historic high of 7,051 points.

Notably, Bitcoin mining stocks like MARA surge 10%.

As the nuclear specter recedes, smart money is choosing Bitcoin as a safe haven for the new era.

A comprehensive risk-on scenario has been triggered.
#USInitialJoblessClaimsBelowForecast $BTC
Article
PIXEL staking is not what you think and why I am not ignoring the fine printmost people saw $PIXEL staking is live and just kept scrolling but the mechanics are actually worth a deep dive because this isnt your typical yield farming with extra steps i have been digging into the staking system pixels launched and its structurally different from most gaming tokens i have held in my bags lately which tells me exactly where the team wants to take the token economics the basic setup is live right now and you can stake to three games including pixels core and forgotten runiverse but here is the alpha most missed as each game competes for your stake it creates a market signal for which project players actually believe in the four phase roadmap is the part that gets me hyped because we are just in phase one right now where rewards are fixed but phase two turns your stake into a vote that dictates where ecosystem resources go and by phase four they are looking at multi token revenue including usdc while Pixel mains the core utility i am particularly watching the vPIXEL mechanic because it solves the classic exit liquidity problem by creating a spend only reward token that bypasses the farmer fee while $PIX$PIXEL lf has built in friction to reduce dump pressure from farmers it is basically a two speed economy where casual players spend vPIXEL and holders deal with $PIXEL y a premium to exit which makes holding and staking much more attractive than just extracting value one thing i am skeptical about is the reputation based farmer fee since it might hit new players too hard if it is not calibrated right but if they nail the retention side of things this is one of the most coherent architectures i have seen in web3 gaming with the april 19 unlock coming and staking finally live the trajectory from a single game to an open marketplace is clear even if phase 4 is still a way off in 2026 @pixels #pixel

PIXEL staking is not what you think and why I am not ignoring the fine print

most people saw $PIXEL staking is live and just kept scrolling but the mechanics are actually worth a deep dive because this isnt your typical yield farming with extra steps
i have been digging into the staking system pixels launched and its structurally different from most gaming tokens i have held in my bags lately which tells me exactly where the team wants to take the token economics
the basic setup is live right now and you can stake to three games including pixels core and forgotten runiverse but here is the alpha most missed as each game competes for your stake it creates a market signal for which project players actually believe in
the four phase roadmap is the part that gets me hyped because we are just in phase one right now where rewards are fixed but phase two turns your stake into a vote that dictates where ecosystem resources go and by phase four they are looking at multi token revenue including usdc while Pixel mains the core utility

i am particularly watching the vPIXEL mechanic because it solves the classic exit liquidity problem by creating a spend only reward token that bypasses the farmer fee while $PIX$PIXEL lf has built in friction to reduce dump pressure from farmers
it is basically a two speed economy where casual players spend vPIXEL and holders deal with $PIXEL y a premium to exit which makes holding and staking much more attractive than just extracting value
one thing i am skeptical about is the reputation based farmer fee since it might hit new players too hard if it is not calibrated right but if they nail the retention side of things this is one of the most coherent architectures i have seen in web3 gaming
with the april 19 unlock coming and staking finally live the trajectory from a single game to an open marketplace is clear even if phase 4 is still a way off in 2026
@Pixels #pixel
$RAVE when would you panic bro?
$RAVE when would you panic bro?
$RAVE short now guys!
$RAVE short now guys!
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