Investments
The next crypto recovery trade might be equities instead of tokens
Cathie Wood is buying crypto’s cash registers into weakness, betting on the public companies that could benefit if trading, stablecoins and retail flows come back.
Sentiment: Neutral
Latest stories
Regulation
Congress blocks introduction of any CBDC in the next 4 years – but the fight over digital money is just starting
Congress banned a Fed digital dollar through 2030, handing stablecoins a win. But big banks are building a tokenized deposit rival that could prove the bigger threat.
Stablecoins
Stablecoin demand starts to fade as Visa and Stripe build for the next boom
Search interest has cooled and aggregate stablecoin supply has slipped even as Visa and Stripe expand the payment and treasury rails that could define the sector's next leg.
Analysis
Fed stress tests reveal whether banks can survive a 10% unemployment shock
A perfect stress test result sounds bullish until you realize it clears the Fed to keep financial conditions exactly where Bitcoin doesn't want them.
Stablecoins
The UK softened stablecoin rules, but may still be capping its own market
Britain finally let people hold as much sterling stablecoin as they want, then capped how big any single one of those coins can ever get.
Exchanges
European crypto users are being paid to move before MiCA closes the door
OKX, Coinbase, Kraken and SwissBorg are using incentives to capture deposits from platforms facing MiCA restrictions.
Analysis
Bitcoin’s weekend test is whether the $58,000 drop was exhaustion or acceptance
With ETF trading paused and options expiry settling, Bitcoin’s weekend test is whether the move toward $58K was forced-selling exhaustion or the start of a lower range.
Banking
Outdated bank rules may keep crypto outside the banks now allowed to hold it
The Trump administration called Basel's 1,250% crypto weight anti-competitive, the EU kept it, and global banks are stuck building different products for different borders.
Analysis
US crypto perps are live but Bitcoin may be the only market many traders can actually use
Kalshi’s broader board is now visible, but depth, spreads, funding, and venue habit will decide whether alt markets matter.
Digital Asset Treasuries
Metaplanet bets Bitcoin treasury firms can survive by packaging Bitcoin income
Regulated securities rails could give BTC treasury firms a new engine, if product demand and mNAV math hold up.
Stablecoins
Stablecoins are becoming a central bank problem hiding in T-bill markets
BIS research puts private dollar tokens closer to sovereign funding markets than the payment-rail debate suggests.
Analysis
Singapore puts Hyperliquid on warning list over protections it says it never claimed
The MAS warning list does not stop the network, but it shifts pressure to the front end users actually see.
