It’s Good Easter Monday — that’s one win. The other? You’ve got the latest HODL FM Digest in front of you. From top stories to total flops, hot takes to key updates, everything that shook the crypto world this week is packed below.
Top Gainers
- Bittensor (TAO): up 13.58%, after moving from $232.50 to $264.20
- Artificial Superintelligence Alliance (FET): up 8.71% after it moved from $0.4715 to $0.5125
- Four (FORM): up 7.48%, after it moved from $1.95 to $2.10
Top Losers
- Fartcoin (FARTCOIN): Down 13.91%, after dropping from $0.888 to $0.764.
- MANTRA (OM) : Down 8.33%, after it dropped from $0.692 to $0.634.
- Onyxcoin (XCN): Down 7.44%, after it fell from $0.0194 to $0.017
Crypto Meme of the Week
Brazil’s Meliuz BTC buying strategy,
A Brazilian fintech firm Meliuz came up with a strategy that screams “YOLO finance,” The plan is to increase bitcoin holdings and include the largest digital asset in the company’s strategic reserve.
The cashback outfit announced its pitching plan and said it would hold a meeting with shareholders, whom we anticipate to greenlight BTC as the company’s ultimate jewel.
The meeting's set for May 6, so mark your calendars.
Meliuz swears this doesn’t mean they’re ditching their core business. They’ll still help you cash in your bucks back just in case of non-seamless Amazon purchases.
The firm discovered it could take a ‘roundabout’ sort of strategy by generating revenue from their operations and tossing that into Bitcoin.
That’s the plan. No charts, no hedging. Just going easy and investing in crypto.
If the shareholders give this plan the thumbs-up, Meliuz will simply become a Bitcoin hoarder with a fintech side hustle.
However, for no-coiners, the folk who hate Bitcoin and Bitcoin memes, they have until April 14, to cash out their shares and walk away.
First it was MicroStrategy, then we have Meliuz, a bunch of firms that seem to have figured out “What Exactly Not to Do With Your Balance Sheet.”
Right after dropping the Bitcoin bombshell, Meliuz (CASH3) didn’t just trend—it moonwalked up 14% in a single trading session. From 3.28 to 3.76 Brazilian reals, the stock did a little samba on the Brazilian Stock Exchange.
Investors clearly heard “Bitcoin” and said, “Shut up and take my money.”
Logic? Optional. Hype? Mandatory.
Over the past days, the stock has now inflated 27% to 3.85 BRL. That’s 3.85 reasons why the idea seats well with many.
VanEck: Bitcoin Could Settle Global Trade
China told state-owned banks to not rely on the US dollar. The dollar's popularity is in constant decline, with Bitcoin emerging as a suitable alternative for countries seeking a strong reserve asset.
This isn't a random decision. It's part of a long, passive-aggressive breakup that started more than one and a half decade ago with the 2008 financial meltdown.
Now the People's Bank of China wants fewer dollars on the books, especially with trade drama heating up again.
Russia’s on the brink of a similar track, mostly because the West keeps hitting the “sanction” button like it’s stuck in a video game. After being banned from the financial cool kids' club (SWIFT), Moscow rage-quit dollar trading altogether.
To really stick it to the West, Russia's been secretly sliding Bitcoin into international trades. Even Russia’s giant commodities producer, Rosneft is ditching the dollar drama by issuing bonds in RMB.
Then there is also India which is flexing its muscles with the Rupee by securing Oil deals in INR. Bitcoin on the other hand is auditioning for the role of “global reserve asset”
Meanwhile, China and Russia have reportedly settled some of their energy deals using Bitcoin and other digital assets.
OpenAI Plans X-Like Social Platform
Sam Altman is reportedly cooking up a social media platform to go toe-to-toe with Elon Musk’s X.
the openai team is executing just ridiculously well at so many things right now, the coming months and years should be amazing
— Sam Altman (@sama) April 16, 2025
(a lotta stuff is messy and very broken too of course)
The prototype is still hush-hush, but insiders say it’s built around a generative AI-powered social feed, complete with ChatGPT’s image generation.
Altman is already asking people what they think, which is definitely the code for: “We’re doing this unless it completely flops.”
If launched, this would pit OpenAI not just against Musk, but also Meta, which is busy duct-taping AI into whatever Threads was supposed to be.
Altman and Musk are already in a full-blown legal brawl, with OpenAI now countersuing Musk for allegedly trying to stage a hostile takeover with a casual $97 billion offer.
Emmanuel Ekokotu
