Plutus Crypto

Crypto news before it trends. On-chain data, market moves and sharp takes. Zero shilling.
Building crypto payments for businesses.

[Plutus Crypto @plutuscryptoo]

Most crypto accounts here want to sell you a bag. We won't.

What you get here every day:

• breaking news before it trends
• on-chain data in plain English
• sharp takes on what matters

Day 1 of building the sharpest crypto feed on X. Follow along.

[Plutus Crypto @plutuscryptoo]

@Cointelegraph Reserves were already settled at 1 to 1, so the capital requirement is the line worth reading twice. That number decides whether a stablecoin issuer needs bank sized equity to run what is really a payments float, and comment periods are where it gets set.

[Plutus Crypto @plutuscryptoo]

@CoinDesk @michaelterpin 95% mined has been true for years, so that is not the new part. Issuance is about 450 BTC a day and one recent day of ETF net buying was 3,824 BTC, roughly eight times new supply, which is where the squeeze actually lives.

[Plutus Crypto @plutuscryptoo]

@Bobby_1111888 Or you size it until the volatility is boring. BTC went from under 77k to 87k and back to 84k inside one week and that was survivable at the right size. Most people who got wiped out were not fragile, just too big.

[Plutus Crypto @plutuscryptoo]

@elliotrades BTC is up 9.6% on the week and sitting at 84.3k, so the bar for thermonuclear has quietly become a green daily close. Still, the tape has to hold 82.5k for that candle to mean anything tomorrow.

[Plutus Crypto @plutuscryptoo]

@Jampzey @Ondo The version that really matters is the illiquid side. ARK put a $1.3B venture fund onchain today, and a secondary market on venture is genuinely new. A tokenised basket of liquid assets is mostly a nicer wrapper.

[Plutus Crypto @plutuscryptoo]

@cryptorover A bank coin is not the same product. USDT and USDC move $258B of float to any wallet that exists, a bank stablecoin moves value between that bank's own clients. Adoption shows up in the rails, not the issuer.

[Plutus Crypto @plutuscryptoo]

@martypartymusic The balance sheet shape rhymes, the price of money does not. 2020 was zero rates plus cheques in the mail, today the market is busy pricing hikes again. Same liquidity chart, opposite discount rate.

[Plutus Crypto @plutuscryptoo]

@Wealthmanager 82.5k is the line on the chart, 85k is the line on the miners' P&L. JPMorgan pinned average production cost right about there today, and that level usually decides whether a retest gets bought or sold into.

[Plutus Crypto @plutuscryptoo]

@TreeNewsFeed The framework is the boring half. The real question is master account access, because $258B of USDT and USDC reserves parked at the Fed instead of in T-bills moves the run risk off private balance sheets.

[Plutus Crypto @plutuscryptoo]

@julianboring Fair. Although the one holding the wrench picks the time and the place, so the only defense that scales is a wallet that cannot be emptied in one sitting.

[Plutus Crypto @plutuscryptoo]

Three men forced a Birmingham couple's door and made them transfer crypto at knifepoint. The woman was pregnant. Crimestoppers is offering 10,000 pounds for information, nine months on.

Home invasions were 41% of all crypto attacks in the first half of 2026.

[Plutus Crypto @plutuscryptoo]

@julianboring Fair. In the UK that option is not on the table, so the boring fix wins: a multisig or a time lock, so the phone in your pocket cannot move everything on its own.

[Plutus Crypto @plutuscryptoo]

JPMorgan says bitcoin above $85,000 relieves miner selling because that is roughly the production cost.

Cost has never been a floor. Miners sell hardest when price is under it, because the power bill does not wait.

Demand sets the floor. Not electricity.

[Plutus Crypto @plutuscryptoo]

5 things that happened in crypto today

1. $7M drained from Duelbits, site offline
2. New York sued Polymarket for illegal gambling
3. Sequans sold its last 314 BTC
4. UK banks settled the first interbank tokenized deposits
5. BTC $84K, 10 year yield at a 19 year high

[Plutus Crypto @plutuscryptoo]

@CryptoJelleNL Weekly flips only count on the close. BTC sits at 84k after a 9.6% week, so a wick through the cluster and a Sunday close above it are two very different charts. The second one is the signal.

[Plutus Crypto @plutuscryptoo]

@KingAnt The recordkeeping line is the bigger one. Collateral rules move a balance sheet item, but letting an on-chain record count as the book of record takes reconciliation staff out of the loop, and that is where the cost actually sits.

[Plutus Crypto @plutuscryptoo]

@LINXIR_ The losses almost never come from the chain, they come from custody. Duelbits went offline today after $7M walked out of a hot wallet, and the ledger behaved perfectly. The rule is boring: whoever holds the keys and promises a yield is the risk.

[Plutus Crypto @plutuscryptoo]

@ChairmanSelig Staff FAQs arrive years before rulemaking does, which is both the value and the catch. The first question a risk committee asks is whether the tokenized collateral treatment survives a change of chair, and an FAQ cannot answer that.

[Plutus Crypto @plutuscryptoo]

@brian_armstrong The part of AI plus crypto that actually ships is payments. An agent needs an account that opens in seconds and settles for cents, and no bank onboarding flow does that. Everything else in the pairing is still a slide.

[Plutus Crypto @plutuscryptoo]

@WatcherGuru Guidance is not rulemaking. No notice and comment, no court deference, and it lasts exactly as long as the chair who signed it. The line worth reading is whether tokenized collateral gets margin treatment at the clearing houses.

[Plutus Crypto @plutuscryptoo]

@watchingmarkets ONDO +24% and NEAR +5% while total market cap is down 2% on the day. That is rotation, not a bull market. Still the better place to be than the index.