Exchanges
ETF
BlackRock’s record breaking $60 billion crypto ETFs made just $42 million in Q1 fees
BlackRock’s digital assets ETFs generated $42 million in Q1 fees, which was only 1.7% of the firm’s ETF fee machine.
Analysis
Bitcoin is repeating a 2022 pattern – and this time we’re missing the buyers for what came next
CryptoQuant says Bitcoin’s latest rebound is being powered by perpetual futures while spot demand keeps contracting.
Stablecoins
Coinbase’s new credit fund shows why banks are fighting stablecoin yield on the Clarity Act
Coinbase’s CUSHY strategy is a bet that stablecoins can aim for tokenized institutional credit.
Analysis
Here’s why Bitcoin is stuck below $80,000 and what Powell’s FOMC meeting did for BTC price
The Fed held rates steady as Powell warned that higher energy prices are pushing inflation back up, and Glassnode says Bitcoin is now stuck below its True Market Mean at roughly $79,000.
Stablecoins
Meta’s USDC pilot shows how stablecoins could capture billions in creator payouts
If 10% of creator payments move to stablecoins, real-world crypto usage changes fast.
Macro
Bitcoin’s next risk is hiding in the gap between debt and liquidity
US debt is growing faster than M2, leaving Bitcoin trapped between a bullish liquidity thesis and tighter market plumbing that keeps capping risk.
Market
Bitcoin ETFs built a powerful bid, but the same machine can now accelerate selling
Spot Bitcoin ETFs have widened access to BTC, but the same flows that support price can reverse quickly when macro pressure rises.
Macro
Wall Street’s ‘Sell in May’ rule is breaking, but Bitcoin still faces one key risk
The old summer sell signal looks weaker, but Bitcoin still needs inflation, jobs, and Fed data to hold the risk-on case.
Stablecoins
CLARITY delay is testing Wall Street’s $6.6T stablecoin deposit warning
A stalled market-structure bill could let exchanges test whether stablecoin rewards actually pull deposits from banks.
Analysis
Bitcoin’s rally has one big macro hurdle before $80K can hold
A break in 10-year Treasury yields could decide whether Bitcoin clears $80,000 or turns another inflow streak into a failed rally.
Stablecoins
Cathie Wood’s Bitcoin bull thesis concedes stablecoins won the real-world payment fight
Wood's latest comments pointed out that Bitcoin is no longer being driven by the old crypto-native script.
Analysis
Bitcoin inflows are back above $1B, but the Fed may decide if the rally holds
Three straight billion-dollar inflow weeks show demand is returning, but Bitcoin still needs the Fed and spot buyers to cooperate.
