by Michael
Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined BTC, pointing to a $96K target. With 62.8% of Binance BTC futures still short, a sustained hold could squeeze...
by Michael
Key Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC sanctions on 5 local oil refiners. SMU’s Henry Gao notes this 1st use of the statute since 2021 forces global companies to pick between markets. Next, Chinese firms can sue for...
by Michael
Key Takeaways: Kevin Warsh cleared a 13-11 Senate Banking Committee vote on April 29, replacing Powell as Fed Chair in May 2026. Polymarket traders priced a 96% chance the Fed holds rates steady at the June 17 FOMC meeting. Warsh signals rate cuts tied to AI...
by Michael
Key Takeaways: Coinbase urged the CFTC to regulate prediction markets under existing derivatives law. Federal oversight could prevent fragmented state enforcement across interstate prediction markets. Courts, regulators, and states are still divided over jurisdiction...
by Michael
Key Takeaways: Rakuten Wallet enabled XRP conversions, trading, and Rakuten Cash funding for users in Japan. Scale comes from 44 million Rakuten Pay users and 5M+ merchants. Integration expands XRP utility across rewards, wallets, and everyday purchases. Rakuten...
by Michael
Key Takeaways: Grayscale identified Ethereum, Solana, Canton, Avalanche, BNB Chain, and Chainlink as key beneficiaries of tokenization growth. Tokenized assets reached about $30 billion, expanding 217% year-over-year, led by Treasuries and commodities. Future adoption...
by Michael
Key Takeaways: Onchain data shows 793 BTC spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets. A single 110 BTC output created in June 2011 moved on May 1, signaling decade-old holders are still active. Activity spiked sharply on May 3 as bitcoin...
by Michael
Key Takeaways: Fairshake and Leading the Future have deployed over $100 million to influence the 2026 midterm election outcomes. A Politico poll found 45% of Americans view crypto as too risky, potentially hurting industry-backed candidates. Lobbyists for OpenAI and...
by Michael
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Key Takeaways:...
by Michael
Key Takeaways: rwa.xyz data shows tokenized Treasuries hit $15.20B in May; growth signals rising onchain demand. Circle’s USYC leads at $2.91B, while Blackrock BUIDL at $2.58B reflects institutional traction. Top 10 exceed $13.9B combined; multi-chain expansion may...
by Michael
Key Takeaways: Gareth Soloway of Verified Investing warns bitcoin could drop 38% to $50,000 as a bear flag pattern takes hold. Soloway told David Lin that recession odds have shifted to 2027, driven by $700 billion in annual AI capex from mega-cap firms. Natural gas...
by Michael
Key Takeaways: Bitcoin holds $78K on May 3, 2026, as market data shows consolidation below $80K resistance. TradingView indicators show 62 RSI and mixed signals, signaling indecision across crypto markets. Bitcoin tests $80K zone; break or rejection may drive next 5%... Translate »