Key Takeaways
- Core inflation came in cooler than expected at 0.2% MoM
- ETF flows diverged: ETH saw inflows, while BTC recorded outflows
- Altcoins are driving the rally, reinforcing our overweight positioning
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Key Takeaways
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.