💡
Tariff uncertainty persists, fueling risk-off sentiment.
💡
ETF trading volume spikes, outflows remain modest.
💡
$900M in crypto liquidations as traditional markets lose $8T in a historic wipeout.
Your daily access to the backroom.
Tether’s climb to Ethereum’s size doesn’t crown a new platform winner – it exposes what users actually show up for: cheap, permissionless dollars, with little regard for the chains or issuers underneath.
The Parliament's non-legislative report lands days after MiCA's full enforcement began, warning that US dollar stablecoins pose a structural risk to the euro.
LPs want AI exposure. Paradigm is giving it to them – without closing the crypto book.
Oil routes, geopolitical risk, and a market that still hasn't decided what Bitcoin is.