Today's edition is brought to you by Everything

The ultra-simple perps exchange offering up to 1000x leverage with no KYC

GM to all of you nutcases. It’s Crypto Nutshell #850 minin' the next block… ⛏️🥜

We're the crypto newsletter that's more volatile than a chemistry teacher who decided the legal economy wasn't paying enough… 🧪💰

What we’ve cooked up for you today…

What’s in the Crypto Nutshell Portfolio?

BREAKING: Fed's Powell's comments sooth bond market, but oil continues rise, hitting crypto and stocks

Federal Reserve Chair Jerome Powell spoke at Harvard on Monday and said exactly what markets needed to hear.

The Fed is looking past the oil shock. Rates aren't going up. Inflation expectations are still anchored.

It worked… on bonds.

The 10-year Treasury yield dropped nine basis points. The 2-year fell eight. And the odds of a Fed rate hike in 2026 collapsed from 25% to just 5%.

But oil on the other hand…

WTI crude closed above $100 a barrel, up 5.3% on the day.

And that was enough to drag everything back down.

The Nasdaq gave up its early gains and closed down 0.75%. The S&P 500 fell 0.4%. Bitcoin briefly pushed higher before retreating back to $66,500… roughly flat on the day.

Powell's words removed one risk. But the bigger weight on markets right now isn't the Fed. It's energy prices.

As BitMine chairman Tom Lee put it, the inverse correlation between crypto and oil is now at its highest level in the past year.

"The crypto winter likely ends when the upside risk to oil prices peaks."

That framing is worth paying attention to. As you know, Lee isn't just talking. He's buying in size.

BitMine added another 71,179 ETH last week, its biggest purchase of 2026, while Strategy paused Bitcoin buys for the first time in over a year.

Short term, oil is running the show.

But the Fed just took rate hikes off the table. (For now)

And the loudest bull in the room is still loading up.

More on that next… 🚀

The future of trading starts today, and you’re getting the alpha.

Introducing Everything — a new “everything exchange.”

Ultra‑simple perps exchange, up to 1000x leverage, no KYC.

Earn $10+ USDT in $E Rewards:

Don’t miss out.

Create your account and find your next 1000x: Join Now

Tom Lee isn't backing down. Not even slightly.

Despite Bitcoin trading around ~$65,000 and Ethereum hovering near ~$2,000, despite a 50% drawdown from the highs, despite months of brutal price action, Lee just walked on stage and reconfirmed the exact same targets he's been calling for all cycle.

Speaking at his keynote at the 3rd Futu Expo 2026 in Hong Kong on March 13-14, Lee laid out the math once again:

That's not a new prediction. That's a reconfirmation.

In front of a live audience. In the middle of a bear market.

When everyone else is cutting targets and hedging their language.

Lee is the co-founder and head of research at Fundstrat Global Advisors, chairman of BitMine Immersion, and one of the most widely followed macro voices on Wall Street.

He's been on CNBC more times than most people can count. And he has refused to flinch.

At the same event, Lee pointed out that Ethereum has returned 49,000% over the past decade. That's 490x your money.

Even Bitcoin, which has been the benchmark, returned 11,000% over the same period.

He noted that even Nvidia, the single best stock in the U.S., returned 65x.

And right now, both assets are trading at massive discounts to where Lee believes they should be.

The bears will point to his missed timing calls. Bitcoin didn't hit $200,000 by year-end 2025. It didn't make a new all-time high in January.

Fair enough. Timing is hard.

But the direction? Lee has been right about the direction of crypto for the better part of a decade.

$250,000 Bitcoin. Up to $62,000 Ethereum. In the middle of a bear market, he's not trimming. He's reconfirming.

That's conviction. 🔥

The inflow streak is over…

Last week, Digital Asset Funds saw outflows totalling $414 million.

Let’s break it down.

Ethereum led with outflows of $221.8 million.

Bitcoin followed closely with $194.1 million exiting.

While XRP was one of the only assets to see inflows totalling $15.8 million.

Regionally, the negative sentiment was solely focused on the US, which saw $445.2 million in outflows.

Whilst Germany and Canada both saw inflows of $21.2m and $15.9m respectively.

So what’s going on?

Why did digital asset funds record their first outflow in 5 weeks?

According to CoinShares, the most likely reason is that investors are becoming increasingly worried about the drawn-out nature of the Iran conflict.

Uncertainty is essentially at an all-time high right now.

And remember the old saying:

Markets hate uncertainty

Ethereum Foundation Stakes More ETH, Boosting Total to $50 Million. The Ethereum Foundation staked another $46 million ETH as part of its new treasury plan unveiled last year.

Bitcoin payments go mainstream as Square auto-enables BTC for small businesses. Millions of U.S. businesses can now accept bitcoin with instant dollar conversion and no added setup.

GOP senators unveil 'Mined in America Act' to expand crypto mining, cement strategic bitcoin reserve. The new bill also looks to cement President Donald Trump’s strategic bitcoin reserve executive order into law.

Square Rolls Out Auto-Enabled Bitcoin Payments for US Sellers. Square is rolling out auto-enabled Bitcoin payments for US sellers, allowing instant USD conversion at checkout with no setup or custody required.

Want to get even smarter? Check these out.

p.s. all completely FREE (one click subscribe link)

Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after “Meme Corner”)

Because what would the crypto world be without its share of memes?

Trivia Answer: Changpeng Zhao (CZ) 🥳

CZ launched Binance in 2017 and rapidly grew it into the world's largest crypto exchange by volume. He stepped down as CEO in late 2023 after pleading guilty to US anti-money laundering violations.

Advertise with Crypto Nutshell to get your product or brand in front of the crème de la crème of crypto investors. Crypto Nutshell readers are high-income earners who are always looking for unique or interesting offers.

Get in touch today.😎

We read every comment submitted in this poll and love to hear what you guys have to say. 😁 (bonus points for suggestions 🍪)

DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.