Is This Supercycle or SuperCZcle?.
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BTC just broke past $92K and gold hit a new ATH, right after the Fed Chair is under criminal investigation.
Trump splits his attention in two: one part for Venezuela, Greenland, and the other⊠straight at the Fed đĄÂ And money always reacts before the answers arrive!

Hereâs what we got for you today:
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đ Our Q1 2026 macro snapshot for crypto
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â Fed Chair is under criminal investigation
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â A Satoshi-era whale moved 2,000 BTC
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đ„ Burning hot takes for the road

đ Q1 2026: Why Crypto is “Lagging,” Not “Failing”
Eugene (our trader, if you forget him) finished analyzing the Q1 2026 Macro Snapshot, and if you are wondering why the S&P 500 is ripping while your altcoins are chopping sideways, this report is the answer key.
The narrative now is shifting. Don’t let price action fool you. The macro engine is officially running hot again.
Here is his analysis of the 3 Core Signals in this report, and why he believes crypto is simply in a “catch-up” phase đ

đ„ FIRST TIME IN FED HISTORY, ITS CHAIR UNDER CRIMINAL INVESTIGATION
For the first time in the Fedâs 110-year history, its sitting Chair faces the risk of criminal prosecution.
Jerome Powell, head of the most powerful central bank in the world, is now at the center of a rare DOJ investigation.
Hereâs whatâs going on:
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Itâs all centered around a $2.5 billion Fed building renovation project
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The DOJ wants to know if Powell misled Congress about the project during a hearing last June
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On Jan 9, the Fed got slapped with a grand jury subpoena asking for all related documents
Powell didnât stay quiet. He confirmed everything in a video on X and made it very clear: This isnât about office renovations.

Itâs about whether the Fed can still make decisions independently, or whether politics is now steering monetary policy.
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Heâs served under 4 different presidents from both parties
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The Fedâs independence is a non-negotiable principle
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Heâs still standing by the institution heâs run for over a decade
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His job is to ensure price stability and maximize employment, not follow political agendas
He emphasized that the Fed has already shared detailed information with Congress on the renovation project through hearings and transparent documents.
This is all happening while Trump is back in office and has been publicly pushing Powell to slash rates harder and faster.
Meanwhile, Trumpâs not exactly sitting back.
Heâs now back in office, and publicly attacked Powell for months, mostly for not cutting interest rates fast enough.
His allies have been criticizing Powell for months, and now, this legal move takes it up a notch.
Now, tensions between the White House and the Fed are no longer subtle. They’re front and center and itâs sending shockwaves across global markets.
Market reactions were immediate:
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Gold prices surged to an all-time high, breaking above $4,600/oz on Jan 12

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Stock futures dipped (Dow, Nasdaq, S&P all down ~0.5%)
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Crypto actually jumped, likely from capital rotating into alternative assets during uncertainty
This came right as the Fed is already walking a tightrope, heâs trying to cool inflation without crushing growth.
When Powell repeatedly refused to follow Trumpâs wishes on interest rates and when this is the end of his term as Fed Chair, itâs hard to believe this is âjust a coincidence.â

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đ Â A SATOSHI-ERA WHALE MOVED 2,000 BTC AFTER 15 YEARS
A legendary Bitcoin wallet has suddenly become active again. These coins were mined when the block reward was 50 BTC over 15 years ago.
According to on-chain data, an early miner from 2010 quietly moved 2,000 BTC (~$181 million) straight to Coinbase. They had been sitting untouched across 40+ legacy wallets.
Julio Moreno from CryptoQuant confirmed: this is the largest whale transaction from the Satoshi era since the end of 2024.
Satoshi-Era Bitcoin Miners. Source: CryptoQuant
Analysts are watching closely, because this kind of on-chain move tends to happen at sensitive moments in the market.
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The entire stash was mined in 2010
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Around 2,000 BTC moved at once (â $181M)
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Sent to Coinbase, signaling likely intent to sell
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Market absorbed the supply without structural damage, showing strong liquidity
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Still no identity revealed
And itâs not just this one wallet. In the past year, more and more 2009â2011 wallets are waking up.
Some are likely taking profits. Others may just be updating storage after a decade-plus of radio silence.
But the pattern is clear, OGs are on the move. You might remember that in July 2025, Galaxy Digital helped another Satoshi-era holder sell over $9 billion in BTC, one of the largest single crypto sales in history.
Still, Bitcoin didnât crash. Thatâs the impressive part:
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The market is now liquid enough to absorb old supply
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Even âOG whalesâ exiting doesnât break the system
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Long-term strength is holding up, even under pressure
Institutional outlooks remain strong, too.
VanEck just released a long-term projection, stating that in a positive adoption scenario, BTC could reach $2.9 million per coin by 2050. And in their most bullish âhyper-growthâ case: even higher.
If you’re wondering why someone would wait 15 years and then suddenly sell, this might be a strategic exit by someone watching macro signs closely: ETF inflows, U.S. policy shifts, and long-term cycles.
And hereâs what weâre watching:
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They sold to Coinbase, not peer-to-peer, not OTC. Why? They want liquidity now
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They moved silently, then let the chain speak
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They trusted the market to absorb it, and it did. That says a lot
If you’re holding Bitcoin or just getting in, this reminds you that early whales may sell, but that doesnât mean the story is over. It means the torch is being passed.
So donât panic about these old-wallet moves. Because the next 15 years might belong to us. Letâs keep paying attention.

đ„ BURNING HOT TAKES FOR THE ROAD
Arbitrum-based project FutureSwapX got exploited, $395K in $USDC ( âČ 0.13% ) lost. The team has not responded publicly yet. Read more
BNB Chain Foundation just bought 4 Chinese meme tokens at once using $200,000 $USDT ( ⌠0.02% ) . Hereâs the list of 4 tokens
CZ says a âsupercycleâ might be starting thanks to historic shifts in U.S. regulation. But donât get too excited just yet. Read more
VanEck, a global asset manager, said $BTC ( âČ 1.02% ) could hit $53.4M per coin by 2050. But itâs just one of 3 long-term scenarios. Read more
đ€Ą SPICY MEME
Too cool for school

đ SHOUTOUT FROM OUR FIRESTARTER

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