OM’s token drama

Mantra CEO lets the community decide the fate of his team’s stash

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🔥 Token Burn Drama: Mantra CEO lets the community decide the fate of his team’s stash

💀 Death Cross Incoming: Bitcoin’s chart looks spooky, while gold's flexing hard

🏦 Fund Boss Move: Securitize just became the biggest name in tokenized assets

Source : Coin Market Cap

Mantra’s CEO, John Patrick Mullin, just pulled a wild card—offering to burn his team’s token stash to fix sentiment.

🚨 Breaking News:
OM token's down 88% from last week. CEO now pledges to burn all team allocations if community votes for it.

⚡ Wire Simplified –

  • OM token pumped hard and then nosedived 88% in a week 💀

  • Accusations of pump-and-dump hit hard on X (of course)

  • CEO Mullin says: “Burn it all? Fine, let's ask the DAO.”

  • Community vote opened—tokens may go up in smoke

  • Vibes: transparent? Desperate? Both?

✔️ Straight to the Point:
Mantra’s CEO wants to earn trust by burning tokens. Bold move or damage control? The DAO’s vote will decide.

😬Was this the right move by the CEO?

Login or Subscribe to participate in polls.

FROM OUR FOUNDER…

The Smartest Way to Grow Your Newsletter 🚀

Tired of low-quality subs and wasted ad spend? I’ve scaled AI, fintech, SaaS, and multiple niche specific newsletters with real, engaged and high intent subscribers. Would love to do the same for you!

 50%+ open rates—no bots, no junk leads.
 No ad management fees—just pay per engaged subscriber.
 First-party data & proprietary methods ensure quality.
 Risk-free scaling—we’ve built and grown newsletters ourselves.

📩 Want high-intent subscribers that actually engage? Let’s talk.

Source : Coinpedia

Bitcoin’s chart is looking spooky with a possible “death cross,” while gold’s out here chillin’ like the safe haven king.

🚨 Breaking News:
BTC’s 50-day moving average may cross below the 200-day—classic bear signal. Meanwhile, gold hits fresh highs on macro fears.

⚡ Wire Simplified –

  • “Death cross” = big red flag for short-term BTC trend

  • Traders getting jittery as BTC price hovers near $63K

  • Gold’s flexing at $2,400+ as the new “boomer Bitcoin”

  • Safe haven vibes are back—thanks inflation, wars, and Fed confusion

  • Investors hedging with shiny rocks again 😅

✔️ Straight to the Point:
Bitcoin might hit a bearish trend. Meanwhile, gold keeps proving it’s still got it. Choose your fighter: digital or physical?

⚔️Would you rather hold BTC or gold in a shaky market?

Login or Subscribe to participate in polls.

Source : The Block

Securitize, a platform that helps tokenize real-world assets, just acquired MG Stover’s fund services unit. Big TradFi meets Web3.

🚨 Breaking News:
Securitize just bought MG Stover’s fund biz, instantly becoming the world’s largest admin of digital asset investment funds.

⚡ Wire Simplified –

  • This acquisition = serious TradFi x Web3 crossover event

  • MG Stover was already top-tier in digital fund services

  • Securitize now runs $20B+ in digital assets

  • They're building the Goldman Sachs of tokenized finance

  • More institutions now eyeing blockchain-backed fund infra

✔️ Straight to the Point:
Securitize just boss-leveled the fund admin game. Expect more TradFi giants to quietly slide into Web3 like it's no biggie.

What do you think about today’s edition?

Login or Subscribe to participate in polls.

Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

Was this forwarded to you? Sign up here.

Crypto Wire News. 

Signing off