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NFT sales fell 45% this week while buyer addresses rose 30%
more people showed up and somehow spent way less
iโve seen dead markets, but this one has visitors walking around without buying anything
ethereum ETFs appeared to launch with $10.36B
almost all of it was ETH already sitting inside Grayscale trusts, not fresh buyers arriving on day one
iโm adding โwhere did the money come from?โ to every ETF headline i read
Schwab is adding solana:So11111111111111111111111111111111111111112, avalanche-2:native and $LINK to direct crypto trading in the coming months
bitcoin:native + $ETH were just the front door apparently
iโm watching โaltseasonโ slowly become a menu inside regular brokerage accounts
Japanโs SBI is paying $270M for 20% of Indonesian broker Ajaib to push a yen stablecoin across Southeast Asia
i used to think stablecoin adoption would start with wallets
banks are buying distribution instead
Kraken received nearly 12,000 tiny transfers linked to sanctioned wallets and briefly locked some users out
the deposits were worth cents to a few dollars
i can choose what i send. apparently i also have to worry about what strangers send me
Circle is giving old CCTP apps 95 days before legacy USDC transfer routes stop working
funds remain accessible, but integrations need new contracts and APIs
i love crypto deadlines where users discover which bridge their wallet was secretly using
banks spent years calling crypto unnecessary
now 39 US state banking groups want their own blockchain for tokenized deposits, stablecoins and programmable payments
iโm not even mad
copying the rails is still adoption
one US appeals court says Kalshi sports contracts are gambling and Nevada can regulate them
another appeals court already sided with Kalshi
i think the next prediction market might be โwill this reach the Supreme Court?โ
Bullish is putting $100M behind loans secured by GPUs
not bitcoin. not treasuries. actual AI chips
iโm starting to think the next RWA cycle is just everyone tokenizing whatever Nvidia shipped last week
Metaplanet moved another 1,350 BTC to Coinbase Prime
thatโs $108M today and roughly $188M sent there in four days
could be custody or collateral, not a sale
stillโฆ iโm watching this one bitcoin:native
bitcoin:native touched $81.4k overnight and slipped below $78k after Warsh gave traders no rate-cut comfort
i waited all week for Jackson Hole
the Fed said inflation still needs work and crypto heard โsellโ
$ETH ETFs pulled $225.8M yesterday
bitcoin:native ETFs did $242.3M
nine days ago ETH funds were taking one tenth of BTCโs flow
iโm not calling a flippening, but institutional money definitely stopped treating ETH like the side order