How Morgan Stanley plans to bring crypto custody, staking and lending support in-house
Its June OCC approval outlines a trust bank that could consolidate key crypto functions, while outside venues and infrastructure remain essential.
BTC jumped after a softer CPI report, though escalating US-Iran hostilities could revive inflation and rate concerns.
Bitcoin ETF demand faltered as withdrawals from IBIT and FBTC overwhelmed the previous week’s inflows.
The CLARITY Act still faces unresolved ethics provisions, a difficult vote count and a shrinking congressional calendar.
Bitcoin faces a 7.5-hour macro stress test as CPI, Fed testimony and renewed Hormuz enforcement threaten to redraw the path around $62,000.
Tokenized assets led exchange listings in early 2026 as trading in stock- and commodity-linked crypto products reached record levels.
Polymarket odds imply only a 3% chance that Hormuz traffic returns to normal by July 31 as crude approaches $80 a barrel.