🚨$1,47 bilhão saiu de fundos de ativos digitais na semana passada.
Bitcoin sozinho respondeu por $1,315 bilhão, o maior outflow semanal do ano.
O fluxo saiu dos EUA, Suíça, Canadá e Hong Kong ao mesmo tempo. Quando a saída é coordenada geograficamente assim, possivelmente é gestão de risco institucional.
O driver geopolítico das tensões com Irã podem ter intensificado o risk-off.
Mas o que chama atenção é que isso aconteceu numa semana em que o S&P ainda sustentava níveis elevados e o sentimento de risco estava em máxima de cinco anos.
Equities segurando. Institucional saindo de cripto.
Esse tipo de divergência aparece quando gestores reduzem o ativo mais volátil e mais fácil de liquidar antes de reduzir equities.
É a mesma dinâmica que descrevi na análise do gamma squeeze: Bitcoin é a primeira porta de saída em momentos de stress.
If you are not following James by now, you must HATE money.
Not only has he consistently provided valuable insights for over 2 years now, he has called every major move better than anyone else.
@JamesEastonUK 👑
Para quem teve dúvida no meu post de ontem sobre a Strategy comprando bonds, saíram as informações oficiais.
Nenhum bitcoin:native foi vendido.
A recompra foi financiada com caixa em reserva e emissões via ATM de MSTR e STRC.
E no mesmo período (enquanto liquidava $1,5B em dívida) a Strategy comprou 24.869 BTC com o resultado das emissões.
No final, essa transação reduziu a dívida conversível de $8,2B para $6,7B, ao mesmo tempo que aumentou o ativo em balanço.
Muita gente pode não gostar, e eu também tenho minhas dúvidas constantes sobre o modelo. Mas essa operação mostrou que a empresa possui capacidade de realizar limpezas de balanços e continuar acumulando bitcoin.
THIS IS INSANE!!!🤯
Someone built a FULL stock market app…
Real-time data. TradingView charts. Auth. Persistence.
Then open-sourced the whole thing.
No subscriptions. No paywalls.
No gatekeeping.
It’s called OpenStock.
And the code is FREE.
@rich_rdctd@rich_rdctd is brillant!
The Situation Room is the coolest most useful thing to come out of the last two bitcoin cycles.
Shareable custom dashboard to send to your normie friends & family!
Request are taken seriously and executed quickly, love it!
https://t.co/OOlHayir3c
JUST IN: Banking giant @MorganStanley increased its Solana exposure in Q1 through Bitwise’s Solana Staking ETF, raising its BSOL position to $29.9M from $15.3M previously, according to 13F data.
- Hana Bank just bought $670M of Dunamu - the parent of Upbit.
- Fannie Mae started accepting crypto as collateral for mortgages last week.
- Clarity Act cleared the Senate Banking Committee 15 to 9 yesterday.
3 banking-side events in 7 days.
The institutions stopped buying BTC through ETFs. They started buying the rails.
What this means: another signal that this cycle will be driven by specific narratives, not BTC beta.
- Stripe paid $1.1B for Bridge - PayFi narrative is up.
- Coinbase paid $2.9B for Deribit - on-chain derivatives narrative is up.
- BlackRock's BUIDL fund crossed $2B in tokenized treasuries - RWA narrative is up.
The max trade every cycle is the same.
Last cycle the biggest returns didn't come from holding BTC.
They came from people who farmed Arbitrum and Optimism before the airdrops landed. Who held HYPE points before Hyperliquid had a token. Who loaded ZEC before privacy became a thesis. Who found Polymarket early. Who bought VIRTUAL and ai16z before AI agents were a sector. Who spotted WIF and other solana memes before szn started.
Same trade. Different names. This cycle will be the same.
Predict the narrative early -> Position before crowd arrive -> Exit when every timeline is screaming about it -> Rotate into the next thing while it's still small -> Repeat.
I wrote down more on this topic: the full playbook on how to maximize your returns this cycle in this article:
MUST WATCH: SENATOR LUMMIS SAYS CHINA AND RUSSIA WILL BE FORCED TO BUY #BITCOIN IF THE US BUYS
“THE NEXT ARMS RACE WILL NOT BE FOR WEAPONS”
NATIONS WILL COMPETE TO SECURE A GLOBAL “STORE OF VALUE"
IT’S COMING SOON 🚀
Fact: Bitcoin has never broken back above the Short-Term Holder Cost Basis and held it as sustained support during any prior extended bear market.
STH Cost Basis = $78,417
Today marks day 12 above the Short-Term Holder Cost Basis, but I'd like to see at least a month above it before calling it sustained.
BREAKING: $12 TRILLION CHARLES SCHWAB JUST ANNOUNCED THEY ARE ROLLING OUT #BITCOIN TO 40 MILLION CUSTOMERS TODAY
THEY ARE RECOMMENDING UP TO 7% ALLOCATIONS
THIS IS ABSOLUTELY HUGE 🔥
Of all the Bitcoin treasuries, NOTHING comes close to MSTR and Blackrock. Of course, Blackrock's holdings represent custodial Bitcoin for clients; it's not actually their Bitcoin.
So leaving out Blackrock, MSTR privately owns more than 4x the next largest treasury entity, which is the US government.
🚨 NEXT WEEK’S SCHEDULE IS INSANE FOR MARKETS
MONDAY → WARSH BECOMES NEW FED CHAIR
TUESDAY → U.S. CPI REPORT
WEDNESDAY → FOMC CHAIR SPEECH
THURSDAY → FED BALANCE SHEET
FRIDAY → TRUMP-XI MEETING
GET READY FOR THE MOST VOLATILE WEEK OF 2026!!
SOLANA POSITIONS ITSELF AS THE PAYMENT LAYER FOR THE AI MACHINE ECONOMY
@solana Foundation President Lily Liu (@calilyliu) used her Consensus Miami 2026 keynote to frame $SOL not as a competitor to Ethereum, but as the settlement rail for both human and machine economies.
Her supporting evidence: Western Union picked Solana to launch its USDPT stablecoin. Visa runs USDC settlement on $SOL. Shopify processes USDC payments through @solana. The chain has become the default for stablecoin throughput.
MASSIVE:
🇯🇵 Japan just put $10 trillion in government bonds on-chain.
The world's third largest economy.
Moving sovereign debt to blockchain.
DTCC: $114 trillion in securities. Tokenizing.
State Street & Galaxy: stablecoin cash management. Live.
Ondo & JPMorgan & Ripple: Treasury settlement. Done.
Every layer of the financial system.
Moving to blockchain simultaneously.
Retail debates which crypto project will win.
Governments are deciding which blockchain to build on.
The old financial system isn't fighting blockchain.
It's building on top of it.