🄜 Melt Up

PLUS: Ray Dalio pivots

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GM to all of you nutcases. It’s Crypto Nutshell #674 findin’ the way… 🧭🄜

We're the crypto newsletter that's more hilarious than a high schooler trying to throw the most epic party of all time... šŸ¾šŸŽ‰

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What we’ve cooked up for you today…

  • šŸ¦ Ray Dalio doubles down

  • 🫠 Ethereum melt up

  • šŸ”„ This streak is heating up

  • šŸ’° And more…

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market data

Prices as at 3:50am ET

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RAY DALIO DOUBLES DOWN šŸ¦

BREAKING: Billionaire investor Ray Dalio recommends 15% allocation in long-term assets like bitcoin and gold

BTC

Ray Dalio just sounded the alarm - and he’s pointing to Bitcoin…

The billionaire founder of Bridgewater Associates - once the world’s largest hedge fund - just issued a stark warning about the U.S. economy:

ā€œWe are at the point of no return.ā€

Ray Dalio

His message?

America’s spiralling debt and looming currency devaluation are no longer distant threats - they’re here.

Dalio believes the U.S. government will need to issue a staggering $12 trillion in new debt just to keep functioning.

And it’s not just a U.S. problem.

Like the 1930s or the 1970s, he says Western economies are entering a full-blown ā€˜debt doom loop’ — a spiral of borrowing, devaluation, and decline.

Bitwise

So what does one of Wall Street’s most legendary investors recommend?

ā€œIf you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin.ā€

Ray Dalio

That’s not a typo.

Dalio - who once suggested just 1–2% in Bitcoin - now says 15% of your portfolio should be in hard money.

And while he still leans toward gold personally, he openly acknowledges Bitcoin is gaining ground as a viable hedge in a world where fiat is losing trust by the day.

He’s still skeptical of BTC becoming a true reserve currency.

But he is grouping Bitcoin alongside gold as an ā€œeffective diversifierā€ and ā€œstore of valueā€ in a broken financial system.

The takeaway?

If Ray Dalio thinks fiat currencies are on life support…

Then Bitcoin isn’t just a risky bet anymore.

It’s the escape hatch. šŸ›Ÿ

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ETHEREUM MELT UP 🫠

Pentoshi is back - and he’s not holding back.

The pseudonymous macro king just dropped a fresh Ethereum update, and the message is clear:

This thing’s heating up. Fast.

pnt

If you’re not familiar with Pentoshi, he’s a technical analyst who regularly posts his charts, trades, and macro predictions on X.

We track him closely - because his calls are ridiculously accurate. (He spotted the ETH breakout weeks before it started)

This week, he followed on with his ETH predictions:

ā€œ$ETH setting the stage for poking its head above 4k… Not even trying to guess where it tops.ā€

Pentoshi
pent1

Here’s what he’s seeing:

1. ETH’s chart is coiling for a breakout šŸ“ˆ

Pentoshi sees price action tightening below $4K.
That’s the final resistance before open skies.

This is the same setup he nailed on BTC in early Q1.

2. Treasury buyers are piling in šŸ’ø

New ETH treasury companies - like Bitmine and SharpLink - are barely a month old…
And already fighting for a slice of the supply.

Pentoshi thinks they want at least 1% each.

3. The melt-up phase is here 🫠

He’s not calling a top.
He’s not calling a dip.

He’s calling what’s happening right now:
A melt-up.

That phase where logic pauses and price accelerates.

ā€œThings can get incredibly stupid.ā€

Pentoshi

Ethereum’s gearing up to continue it’s run.

And if Pentoshi’s right?

We haven’t seen anything yet. šŸš€

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THIS STREAK IS HEATING UP šŸ”„

Digital asset funds just posted their 15th straight week of inflows.

A whopping $1.9 billion poured in last week alone.

That pushes month-to-date inflows to a record-breaking $11.2 billion, smashing the previous high of $7.6B from December 2024.

Let’s break it down.

total flows

Ethereum stole the show, pulling in $1.59 billion - its second-best week on record.

That brings ETH’s year-to-date inflows to $7.79 billion, already beating all of 2024.

Solana and XRP followed with strong performances, attracting $311.5M and $189.6M respectively.

Bitcoin, meanwhile, saw $175 million in outflows - a rare blip in its dominant ETF-driven run.

total assets

Regionally, the U.S. led by a mile, with $2.04 billion in inflows.

Switzerland followed with $75.7m, then Germany ($69.9m) and Australia ($11.4m).

Meanwhile, Hong Kong, Canada, and Sweden saw outflows of $160.0m, $84.3m, and $30.8m respectively.

flows by country

The rotation is real.

You’re watching the trend shift happen in real time - institutions are pivoting into altcoins.

According to CoinShares, this is being driven by two forces:

  1. Soaring enthusiasm for non-Bitcoin assets

  2. Anticipation of U.S. altcoin ETFs on the horizon

CRACKING CRYPTO 🄜

SharpLink moves $295M into Ethereum, closing in on 500,000 ETH milestone. SharpLink's new 77,210 ETH purchase follows Co-CEO Chalom’s vision for active staking and yield strategies.

PayPal Expands Crypto Payments for U.S. Merchants in Digital Asset Push. The new feature supports over 100 cryptocurrencies and major crypto wallets, aiming to simplify international commerce for U.S. merchants.

Strategy skipped Bitcoin buys last week amid new equity offering. Michael Saylor’s Strategy reported no Bitcoin purchases last week as it increased its Series A perpetual preferred stock offering to $2.521 billion.

Billionaire investor Ray Dalio recommends 15% allocation in long-term assets like bitcoin and gold. The billionaire founder of Bridgewater Associates recommended that a risk-adjusted portfolio allocate 15% to gold or bitcoin.

WHAT WE’RE READING šŸ“š

Want to get even smarter? Check these out.

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

  • Raremints (link) - Daily crypto news

  • Bitcoin Breakdown (link) - Daily Bitcoin news

  • Techpresso (link) - Daily tech news and insights

  • The Hustle (link) - Get Smarter on Business and Tech

  • Your Next Breakthrough (link) - Personal growth with Mark Manson

  • The Neuron (link) - AI trends and tools to keep you ahead

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MEME CORNER šŸ˜‚

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Trivia Answer: They suffered a massive financial loss 🄳

Getting ā€œrektā€ means you got wrecked — typically by a rug pull, bad trade, or brutal price drop. It’s the crypto version of a KO. šŸ’„šŸ“‰

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