The Only Crypto Beginner’s Guide You NEED!

It’s good to remind yourself of the basics from time to time. Just what exactly is this crypto stuff we all spend so much time obsessing over? How does it work? And why does it matter?

Today’s video explains all of the above and more. It’s also the only thing you need to share with the complete crypto newbie in your life to make sure they get off to the best possible start on their journey. As any seasoned investor will tell you, you should never put money into something you don’t understand.

You can watch that video here.

📈 Crypto Market Forecast 📈

With no obvious macro catalysts on the horizon, it’s time to turn our focus back to the crypto catalysts. The first one to watch this week is Coinbase’s addition to the S&P 500, something that will take place tomorrow. Chances are that this will put crypto back in the headlines, which is why it’s odd that Coinbase is suddenly facing SEC scrutiny for potentially inflating its user count. Obviously, the headlines may not be so positive as a result.

The second crypto catalyst to watch this week is similarly wonky, and that’s the possibility that the Senate will vote to pass the GENIUS stablecoin bill. This could likewise take place as soon as tomorrow, and its effects are also not that clear cut. That’s because even if the bill does manage to pass through the Senate, it may have issues being passed in the House, as the House is working on its own competing stablecoin legislation.

The third crypto catalyst to watch this week is one that you might have forgotten about, and that’s Bitcoin Pizza Day, which is on Thursday. Bitcoin Pizza Day tends to have a positive effect on BTC’s price when the crypto market is in its bullish phase. It’s unclear if the crypto market is in a bullish phase yet, but Bitcoin clearly is, as it’s trading near its all time highs. This means Bitcoin Pizza day is likely to be bullish.

The fourth crypto catalyst to watch this week is one that you’ve likely forgotten about, and that’s the launch of X Money, the payments platform that X revealed earlier this year. It appears that there have been no updates about X Money since January, but the fact that Elon Musk will reportedly be stepping away from DOGE by the end of May suggests that there could at least be new news related to X Money in the next 1-2 weeks.

The fifth crypto catalyst to watch this week is another with no specified date, and that’s the possibility that the SEC will grant an ‘exemptive order’ that would temporarily waive the requirement for SEC registration from crypto projects and protocols. This would basically create a legalized wild west in crypto in the United States, at least until broader crypto market structure regulations are passed, and it would be extremely bullish.

Besides these catalysts, you can expect to see more BTC accumulation by the likes of Strategy, given that the company has consistently announced BTC buys essentially every single week in recent months. As some of you will know, other behemoths such as Twenty One Capital have recently emerged to buy Bitcoin, with Twenty One Capital buying $460 million worth of BTC last week.

Some of you may also know that other publicly-traded companies have started accumulating altcoins, with SOL Strategies and DeFi Development Corp seemingly taking turns buying SOL each week. To be clear, most of these purchases are likely being done over the counter (OTC), and are therefore unlikely to have a direct effect on price. Even so, they should be supportive of prices around the margins, as we’ve seen with BTC.

Last but not least, we have the infamous crypto dinner being hosted by Trump for the top 200 holders of his TRUMP memecoin. This dinner will also occur on Thursday, and it’ll be pretty funny if they serve pizza to the guests who spent millions to be there (you’ll recall Bitcoin Pizza Day is on the same day). In all seriousness, it’s unlikely that there will be any significant announcements around the dinner right away, but it will be interesting to see who attends.

In sum then, there seem to be quite a few crypto catalysts that could take prices higher over the next week, assuming the macro backdrop continues to be bullish. Some would say that’s a big assumption to make…

🌐 Internet Capital Markets 🌐

The ‘token creation’ niche in crypto has been undergoing rapid industrialization for a while now. Gone are the days when token creators had to spend time creating smart contracts, IDO models and whitelists for their token launches. Now, anyone, anywhere can launch a token with the click of a button – all thanks to pump.fun, the popular memecoin launchpad on Solana.

While it’s not the first token launchpad in crypto, pump.fun did for memecoin launches what Shopify did for online stores. It simplified mass creation. As with any breakout product, pump.fun’s dominance in its niche is constantly tested by newer, inspired challengers.

The latest challenger in the ring happens to be Believe App (formerly clout.me) by Ben Pasternak. If you’ve been on crypto X (formerly Twitter) this week, you’ve likely seen tweets talking about Believe App and the era of ‘Internet Capital Markets.’ For those unfamiliar, Believe App is a pump.fun style token launchpad on Solana that lets anyone launch a token by replying to a tweet on X – very similar to Clanker on Base/Farcaster.

The difference here is that Believe markets itself as the token launchpad for entrepreneurs and builders. The idea is that Believe will serve as an alternative funding mechanism for developers and founders who have great ideas/products but not enough history or proof of work to raise VC funding.

In usual crypto fashion, Believe’s popularity has spearheaded the resurgence of a new crypto narrative called ‘Internet Capital Markets’ (ICM). The narrative, which first found roots back in January with the launch of projects like $VINE and $JellyJelly, seems to be latching onto Believe’s recent popularity for a second attempt at gaining mainstream relevance.

The elevator pitch for the narrative is that the future of startup fundraising will be completely on the internet, with a large portion facilitated and democratised through the use of token launchpads like Believe. The idea is that this will be the norm, not the exception.

The first wave of tokens from Believe to see decent attention are $GOONC (a memecoin compared to being the $FARTCOIN of the ICM meta), $DUPE (a price scanner that sources the best discounts on the internet for furniture), $REPLY (Twitter meets Snapchat, where tweets stay up as long as they receive likes), $BSCREENER (a tool that scans the latest launches on Believe), $FITCOIN (AI-enabled virtual wardrobe app), and $UBER (a no-code Web3 LLM builder).

Since its rebrand/launch on April 28th, Believe has seen over 16K tokens launched on the platform. The cumulative market cap of all the tokens in the Believe app ecosystem (at the time of writing) stands at roughly $300 million, a large chunk (66%) of it coming from Believe’s native token $LAUNCHCOIN. A big reason for Believe’s virality has been its endorsement from reputable names like Nikita Bier and Solana.

That said, it’s the DEX meta from 2021 all over again. There’s one market leader who pioneered a strong product, followed by a line of inspired teams who all launch their own version of the product with unique twists. Pump.fun is to token launchpads what Uniswap is to DEXs and Ethereum is to smart contract blockchains. Believe is just the latest iteration.

The question now is: how far up the token launchpad ladder can Believe climb?

Keep in mind that the user niche which Believe primarily targets is the one with developers and founders who have ideas but not enough history or proof of work to raise VC funding. Don’t expect to find the next Uber or Facebook here. The odds of any tokens launched on Believe hitting mid 9-figure market caps is extremely low. Not to mention, any serious product to come from Believe will inevitably run into troubles with the SEC when they grow large enough. While Believe has done its part to advise founders on the right way to launch tokens, it’s ultimately on the founders to follow through with the advice.

Instead, see the meta for what it is: pump.fun in a different suit. We’re at the casino once again - have fun while it lasts. Don’t focus on hitting that one big trade, focus instead on having the presence of mind to walk away from the table while you’re still in the green.

🔥 Hot Deal Of The Week 🔥

Bitcoin is within striking distance of its all-time-high and if this plays out altcoins are likely to rip. This is why savvy crypto fans are repositioning their portfolios. If you are interested in doing that, then you’ll need a top-notch exchange.

One exchange that our team members often use for their personal trades in Bybit. Over there you can get a bonus of up to $60,000 and access to pretty much any altcoin you can think of!

👉 Try out Bybit now!

🔮 Video Pipeline 🔮

* Top 5 On-Chain Metrics: You need to know these!
* How To Buy Bitcoin: Our ultimate step-by-step guide!
* Berkshire Hathaway: What can we learn from its $347 billion cash reserve?
* Pi Network: Any potential in 2025?
* GameFi Games: Which should you have on your radar?

🏆 What's New at CoinBureau.com This Week? 🏆

* Reviewing Resolv Protocol: How Delta-Neutral Hedging Powers USR
* Pi Coin Safety Explained: Is Pi Coin Legit In 2025?
* How to Leverage AI Technology for Effective Crypto Trading
* Top Budget Hardware Wallets: Affordable Options for Every Crypto Investor
* Stay Ahead in Crypto with These Game-Changing Analysis Platforms

📖 Quote of the Week 📖

The quickest way to get rekt in crypto is to revenge trade. Stop, reassess and reposition.

“The most important thing to do if you find yourself in a hole is to stop digging.” - Warren Buffet

Team Coin Bureau

Disclosure: Authors may own cryptoassets named in this newsletter. These are unqualified opinions, and a Coin Bureau newsletter, is meant for informational purposes only. It is not meant to serve as investment advice. Please consult with your investment, tax, or legal advisor.