Crypto never sleeps. Neither do we.

Yesterday we shorted Bitcoin and closed the trade for a clean +2R win. We even tweeted the close in real time. This morning we re-entered another short at 76.4k. Same idea. Same thesis. Just scalping the range while price keeps chopping.

That is the game right now. Stay active. Stay sharp. Adapt fast.

Still, it was not only about trading today.

Some of you may remember we joined the MegaETH ICO a long time ago. Today the long-awaited MegaETH TGE finally happened. Depending on your exit, many early buyers still landed around a 2.5x gain. That is solid in this market, even if pre-market prices were much higher before launch.

A win is a win.

As always, we bring you the biggest stories that matter most.

Let’s dive into today’s crypto updates.

1. MegaETH TGE Finally Goes Live

The main keyword today is simple: MegaETH TGE.

After months of waiting, the token generation event finally arrived. Pre-market action was wild before launch, with traders pushing prices aggressively higher.

Reports showed MEGA moving from around $0.015 to above $0.20 at one point. That kind of move shows just how much hype was building into launch day.

Volatility was always expected.

The team also announced an 8-week liquidity mining campaign. At least 2.5% of total token supply will be distributed through rewards. That instantly caught the attention of farmers, whales, CT influencers, and anyone hunting fresh yield.

Low float plus high attention often creates explosive starts.

And that is exactly what happened.

My Personal Play

I sold my allocation on Bybit for now.

My usual rule is simple:

Sell first. Think later.

You can always buy back in. It is much harder to recover gains after greed kicks in.

MEGA is also tradable on Hyperliquid already, which gives traders more options if they want to speculate.

MegaETH Farming Opportunity?

Now comes the more interesting part.

I will likely explore the farming side next.

The vibes remind me a bit of the old Blast farming era. Fresh chain. New incentives. Fresh dApps. That usually creates opportunity if you move early and stay selective.

If MegaETH can build real apps and attract sticky users, this story may just be starting.

2. Airdrop Updates and Claims You Should Not Miss

Many users miss free money because they stop checking.

Do not be that person.

This week already brought several fresh updates:

• Katana Season 1 closed
• Katana Season 2 opened today
• Pharos airdrop claim is live
• Teneo claim is live
• USDAI Season 2 points are live

Claims often have deadlines. Some rewards expire. Others need wallet actions.

That is why staying organized matters.

If you want to improve your chances long term, read our guide on wallet reputation and filters:
How sybil filtering is changing crypto airdrops.

The easy airdrop era is fading. Smarter farming is replacing it.

3. WLFI Drops as Vote Drama Begins

World Liberty Financial continues to frustrate holders.

The token dropped sharply as voting opened on what the team called the most significant governance proposal in project history.

That usually sounds bullish.

This one did not feel bullish.

What Is Happening?

Around 75 billion WLFI tokens are locked. The proposal would restructure unlock schedules, cliffs, burns, and vesting timelines for founders, insiders, advisors, and early buyers.

In plain English:

People are trying to figure out when supply hits the market.

And markets hate uncertainty.

My Honest View as an Investor

As a pre-sale buyer, this one hurts.

At one point I was up around 25x.

Now much of that gain got bled away through poor decisions, bad communication, weak market reactions, and this messy proposal.

It feels like holders are being pushed into voting yes or risk getting stuck.

That is never a good look.

I did short some of the downside, which helped offset pain. But funding costs were high, so that cannot stay open forever.

All in all, I am still profitable.

Still, this could have been a seven-figure play if handled properly.

That is the hard truth.

4. Powell Holds Rates Steady in Final FOMC Meeting

Jerome Powell’s final major meeting as Fed chair brought no surprise on rates.

The Federal Reserve kept rates unchanged.

Markets had mostly expected that. Still, traders watched every word for clues about future cuts.

Why It Matters for Crypto

Crypto trades on liquidity expectations.

When rates stay high:

• Risk assets often slow down
• Borrowing stays expensive
• Speculation cools off
• Traders become selective

When cuts come, markets often wake up fast.

Current Problem: Uncertainty

Powell pointed to geopolitical tension, sticky inflation, and rising energy costs as reasons for patience.

That means the “easy money soon” narrative is still delayed.

For Bitcoin, this creates a frustrating range market.

Which is exactly why we are scalping instead of marrying positions.

Trend traders suffer in chop.

Range traders can still eat.

5. Wasabi Protocol Exploit Drains $5M+

Bad news hit DeFi again.

Wasabi Protocol paused activity after a multi-chain exploit reportedly drained more than $5 million.

Affected networks included Ethereum, Base, Berachain, and Blast.

What Went Wrong?

Security researchers say the likely cause was not a direct contract bug.

Instead, it appears an admin key was compromised.

That gave the attacker control to upgrade contracts into malicious versions that drained funds.

This is the dark side of upgradeable contracts.

If keys fail, everything can fail.

My Personal Note

I attended one of the Wasabi events in New York back in 2024.

Honestly, it was a good event.

Strong people. Good energy. Solid branding.

That makes it even sadder to see the project end up here.

Crypto moves fast.

Sometimes too fast.

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What We Are Watching Next

Here is our current radar:

• Bitcoin reaction near 76k zone
• MegaETH farming opportunities
• WLFI vote outcome
• New airdrop snapshots and claims
• Macro shifts after Powell exits
• More DeFi security fallout

There is always something moving.

That is why preparation beats prediction.

Final Words

Today was a reminder that crypto gives and crypto takes.

We booked a +2R Bitcoin short.

MegaETH TGE rewarded patience.

WLFI punished poor execution.

Powell kept markets guessing.

Wasabi showed risk never disappears.

This market rewards people who stay flexible.

Trade when setups are clean.

Farm when incentives are strong.

Take profits when available.

And never fall in love with bags.

We stay active. We stay sharp.

See you in the next update.

If you enjoyed this blog, you may want to check our other crypto news updates.

As always, don’t forget to claim your bonus below on OKX. See you next time!