Dgenz Crypto Weekly 034

In partnership with

Table of Contents

• Market Pulse

• Weekly Charts

• Token of the Week

Big Pharma, Bigger Bitcoin Bags

The corporate Bitcoin race is heating up and this time, healthcare is entering the chat. Prenetics, a Hong Kong-based health tech firm, just announced its first $20 million Bitcoin acquisition with support from Kraken. Though small compared to other corporate purchases, Prenetics has secured board approval to significantly scale up its BTC holdings, aiming to become one of the largest healthcare holders of Bitcoin globally. But they're not alone. Swedish health-tech firm H100 Group announced a 750 million kronor (~$79 million) allocation earlier this week to back its long-term Bitcoin treasury strategy. This growing trend shows that BTC is no longer just a play for fintech, it’s infiltrating traditional industries at an accelerating pace. Meanwhile, The Blockchain Group, a Paris-listed firm calling itself Europe’s first Bitcoin treasury company, snapped up another 182 BTC for €17 million, pushing its total stash to 1,653 BTC (~€149M). The company claims a staggering 1,173% BTC yield YTD, far outpacing other corporate players. For context, Strategy has reported a 19.1% yield, while Metaplanet hit 266%, and Semler Scientific sits at 26.7%. Speaking of Strategy, they’ve just added another 10,100 BTC to their reserves, taking their total to 592,100 BTC worth approximately $63.3 billion and solidifying their position as the world’s largest corporate holder of Bitcoin.

Goodbye Capital Gains, Hello Thailand

Thailand has scrapped capital gains taxes on crypto profits for the next five years in its boldest move yet to attract global crypto investors. Starting January 1^st 2025, all personal income taxes on crypto capital gains from trades made through licensed platforms will be waived until the end of 2029. Deputy Finance Minister Julapun Amornvivat called the decision a key step toward Thailand becoming "one of the world’s financial hubs." The policy is a direct play to draw crypto talent and firms away from hotspots like Dubai and Singapore. The announcement comes on the heels of Thailand’s broader crypto-friendly reforms. In May, the government introduced plans to let tourists pay with crypto during their stay. Merchants still receive Thai baht, while crypto is automatically converted in the background making the process seamless and invisible to the vendor. With tax breaks, real-world crypto adoption, and regulatory clarity, Thailand is making its play to become Asia’s top digital asset destination.

No Roadmap, No Utility… Useless

The latest Solana memecoin sensation, USELESS, has exploded over 2,000% in two weeks rising from $0.004 to nearly $0.10 and hitting a $100M market cap at it’s peak. It now has 12,000 holders, $23M in daily volume, and a cult-like following built entirely on irony. Launched on LetsBONK.fun with no roadmap, no utility, and no shame, USELESS has embraced the absurdity of memecoins and turned it into a feature, mocking the space while thriving in it. Its official site mocks everything about crypto, but that’s exactly the appeal. To normies, it looks like another reason to hate crypto. To memecoin maxis, it’s the most honest thing onchain. Analysts argue that USELESS is simply playing catch-up to its bigger “useless” cousins; DOGE ($26B), SHIBA ($7B), PEPE ($4.4B). If valuation is just narrative, then this one is anchored in absurdity. The higher it climbs, the funnier it gets. And in a market starved for dopamine, USELESS is printing serotonin by the bucketload.

Expert investment picks that have returned 200%+

AIR Insiders get picks from expert investors and industry leaders sent straight to their inbox every week. Picks like:

Jason Calacanis recommending Uber at $25/share (200%+ return)

Anthony Scaramucci recommending Bitcoin at $29,863 (200%+ return)

Sim Desai recommending OpenAI at an $86 billion market cap (200%+ return)

Looking to invest in real estate, private credit, pre-IPO ventures or crypto? Just sign up for our 2-week free trial so you can experience all the benefits of being an AIR Insider.

Sign Up For Free

USDT Dominance

We called the bottom on this chart last week and warned you all the markets were flipping bearish, there was a clear change in market structure and so far the chart is playing out exactly as I drew it up. We did run into some resistance as expected on Friday, and then on Monday we went back to test the support giving us a brief rally but we are now looking to put in that next higher high over the coming days after breaking above the trendline yesterday. Wouldn’t be surprised to see $100k on Bitcoin on this move up.

TOTAL2

$TOTAL2 is sitting at a rather weak support level for now but with $USDT.D likely to continue up we could see this chart fall nearly 6% before it finds some stronger support around a $1.06T market cap. $OTHERS.D also seems to be in the middle of nowhere after we rejected from the key resistance area mentioned last week so set some stink bids on your favourite coins as all of our indices are pointing to more downside for now.

Get up to $8,000 for free thanks to our partners at MEXC! Scan the QR code or simply click the image below to sign up and start trading with a massive bonus. Don’t miss out!

New to crypto trading and looking for guidance? We got you!

Check out our weekly guide with trading strategies, candle patterns, and tips that will level up your skills. Got questions? Reply to this email or join our community and grow with us! Trading never sleeps, and neither do we.

Aerodrome Finance – $AERO

Aerodrome is the main DEX and liquidity hub of Base, Coinbase’s Layer-2 network. Built on Velodrome’s framework, it launched in August 2023 and quickly became Base’s go-to platform for token swaps, yield farming, and DeFi liquidity. Backed by Coinbase Ventures and integrated into the Coinbase app, Aerodrome is central to Base’s growing on-chain economy.

What Does Aerodrome Finance Do?
Aerodrome lets users seamlessly trade tokens on Base such as ETH, USDC, cbBTC and Base-native assets while offering advanced features like concentrated liquidity and stable pools. It’s also where DeFi projects on Base come to bootstrap liquidity. But Aerodrome is more than just a DEX, it introduces a powerful incentive model where users can earn rewards by locking AERO, voting, and directing emissions to liquidity pools. It combines the best of Uniswap’s trading engine, Curve’s fee design, and Convex-style governance rewards into one system.

How It Works?
Users who provide liquidity on Aerodrome can stake their LP tokens to earn AERO emissions. But the real power lies with AERO holders who lock their tokens into veAERO NFTs. These locked tokens give holders voting power over which pools receive emissions and, in return, voters earn 100% of the trading fees from the pools they support plus potential bribes offered by protocols seeking deeper liquidity. This setup creates a flywheel: veAERO voters chase high-fee pools, liquidity providers follow emissions, and everyone benefits from growing volume and rewards.

Tokenomics & Incentives
- No max supply. AERO is inflationary, with weekly emissions to attract LPs.
- veAERO voters earn all trading fees + bribes, not LPs.
- Projects on Base lock AERO to vote for their own token’s pools, deepening liquidity.
- Over 450M AERO is locked but major unlocks begin in late 2025.

Ecosystem Impact
- Handles the majority of DEX volume on Base.
- Liquidity source for cbETH, cbBTC, USDC, and most Base-native tokens.
- Protocols like Moonwell and Seamless use it to direct liquidity and manage treasuries.
- Aggregators (Odos, 1inch, Kyber) route trades through Aerodrome.

Recent Developments
- Trades on Aerodrome will be available directly in the Coinbase app.
- Added to Coinbase 50 Index gaining exposure to institutional flows.
- Slipstream launch made Aerodrome cheaper and more capital-efficient.
- Shopify x Coinbase partnership pushing more stablecoin activity toward Aerodrome.

What’s Coming Next?
- Coinbase app rollout could funnel millions of users to Aerodrome’s pools.
- More Base protocols expected to join bribe wars and lock AERO.
- Watch for token unlocks, emissions inflation, and growing competition from Uniswap v4.
- If Base grows, Aerodrome likely grows with it as it’s the default liquidity engine.

TL;DR
Aerodrome is the central DEX of Base, powering token swaps, liquidity, and on-chain rewards. It’s backed by Coinbase, rewards long-term AERO lockers through veAERO voting, and shares all fees with voters. With Coinbase integration going live and Base expanding rapidly, $AERO is well-positioned but it’s a token for active participants, not passive holders.

Market Cap - $701,558,875
24HR Volume - $126,818,602
Current Price - $0.844
All-Time High - $2.32 (-64%)
All-Time Low - $0.00001861 (+4,508,361%)

Ready to trade? Get $AERO now on BloFin, KuCoin or MEXC

Want to stay ahead of the moves? Join our community and get real-time insights on the market—daily, hourly, anytime you need them. Learn from our 3 expert chart masters and engage with a community of traders out there in the trenches with you.

Know a few friends who need crypto alpha in their life? Share your link, collect rewards and don’t miss out on the soon to be announced Dgenz perks - Start referring today!