This episode features two guests from the Wadoozie team. The project is led by Mr. Wadoozie, Senior Internet Architect Engineer of Software, who brings more than a decade of experience in the cryptocurrency industry. He is joined on this episode by Tay, Operations Manager, who has a background in marketing and management and has run operations for multiple crypto projects.

The token launches with a roughly one billion effective supply (two billion minted, 999,999,999 burned at launch), 0% buy/sell tax, a DAO-governed locked liquidity pool, and a renounced contract — every parameter publicly verifiable on Etherscan and audited by CertiK.

At the center is Wadoozie himself: a returning signal that takes a character’s form, traveling the country by tour bus to “activate” each state as a node in a fractured cultural network the mythology calls The Feed. The mission is structured as eight narrative Acts opening with the Austin Flagship and closing back in New Orleans, with seven Flagship cities — Austin, Los Angeles, Las Vegas, Chicago, NYC, Miami, and Nashville — anchoring the arc across roughly four and a half months. After the 48 states wrap, the network expands to Europe.

About Our Guests

Mr. Wadoozie is the Senior Internet Architect Engineer of Software on the project, with more than a decade of experience in the cryptocurrency industry. He sits at the center of the mission — the returning signal that takes a character’s form, traveling the country by tour bus to activate each U.S. state as a node in a fractured cultural network the mythology calls The Feed.

Tay is the Operations Manager at Wadoozie, with a background in marketing and management and prior operations experience across multiple crypto projects. Tay runs the @wadoozie X account and sets the public voice of the mission as the network activates one state at a time. On this episode Tay represents the operational side of the project — the people moving the bus, dropping the Signal Fragments, and building out the Publishers Network across the 48-state route.

To learn more about the project visit Wadoozie.com, and follow the team on X, Telegram or Discord.

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With that in mind, the European Commission announced Wednesday (May 20) that it has launched a consultation to get feedback from stakeholders and the general public on the functioning of the Markets in Crypto‑Assets Regulation (MiCA).

“As crypto asset markets and the broader policy landscape continue to expand, the commission is assessing whether the current framework remains fit for purpose,” the announcement said.

MiCA created a “harmonized” EU framework for crypto assets and related services, governing things like cryptocurrency asset‑referenced tokens and stablecoins, their issuers, and crypto asset service providers.

“Since the MiCA Regulation was developed, digital asset markets have continued to evolve, with the global policy and regulatory landscape also changing significantly,” the commission added, leading it to assess “whether the EU framework needs to be updated in light of market and international developments.”

As covered here last month, MiCA is on the verge of a moment where it “stops being theory and becomes market structure.”

That’s because of a July 1 deadline which says that all firms offering crypto asset services in the EU without formal authorization must close operations in member states.

The consultation, open until Aug. 31, includes a public consultation for individuals and a targeted consultation asking technical and legal questions of stakeholders that include digital asset issuers and service providers, financial institutions, consumer and public interest organizations, and EU public authorities.

One of the changes in crypto’s regulatory landscape is happening in the U.S., where lawmakers are preparing to take up the CLARITY Act after it was advanced last week by the Senate Banking Committee.

As PYMNTS wrote, that vote was “one of the most consequential regulatory developments for digital assets since the collapse of FTX reignited demands for federal oversight.”

While still facing political and procedural obstacles, the legislation signals a growing bipartisan acknowledgment that what was once seen as a fringe or adversarial sector is now viewed as a strategic financial and technological industry.

“The market response demonstrates how central regulatory clarity has become to crypto valuations,” the report added. “Coinbase shares rallied after the Senate Banking Committee advanced the bill, while broader crypto-linked equities also moved higher as investors price in the possibility that stablecoins and digital assets may soon operate inside a more predictable U.S. regulatory framework.”

Bitcoin’s Downside Capped at $60K

In a research note published this week, K33’s head of research, Vetle Lunde, argued that the conditions defining the 2026 bear market make an 80%-plus collapse (akin to those seen in 2018 and 2022) structurally unlikely. She added that the 2025 bull market was less aggressive than prior cycles, and a proportionally less severe bear market will follow as a consequence.

The firm’s key evidence sits in derivatives data as bitcoin’s 30-day average funding rate has remained negative for 81 consecutive days, an unusually prolonged stretch of bearish positioning in perpetual swap markets. Lunde describes this as a “uniquely pessimistic” sentiment, which paradoxically stands to limit further downside by exhausting near-term selling pressure before a sustained decline can develop.

K33’s base case projects bitcoin consolidating within a range of $60,000 to $75,000, with slow grind dynamics rather than a sharp capitulation event. The “maximum drawdown” in this scenario sits at the February low of approximately $60,000, a roughly 52% decline from the all-time high of $126,272 reached on October 6, 2025.

The numbers may be severe by historical standards for equities, but quite modest for a bitcoin bear market cycle, as previous cycles have produced peak-to-trough losses exceeding 80%.

The key structural difference K33 points to is the role of institutional capital. With access to bitcoin now largely routed through regulated products, the extreme leverage feedback loops that drove prior capitulations are harder to sustain at scale. Long-term holders also appear to be approaching selling exhaustion, a metric that in previous cycles has preceded a medium-term price floor.

Moreover, in February, K33 flagged parallels to the late 2022 bear market bottom when bitcoin first approached the $60,000 level. The latest note extends that argument forward, suggesting that if February was the floor, the market is now in slow recovery territory rather than mid-decline.

For traders and long-term holders alike, the question now shifts from how low bitcoin can go to how long the consolidation lasts.