Key Takeaways:
- A wave of crypto-related IPOs suggests insiders are locking in profits
- ETF inflows into BTC and ETH decline significantly
- Broader market momentum is weakening, turning near-term outlook bearish
Bearish Signals Accumulate - Our Case for Going Defensive
Your daily access to the backroom.
Related
Bitcoin Reclaims $90k as ETF Flows Turn Cautiously Positive
Your daily access to your backroom
Flows Flicker Green: ETF Inflows Support a Fragile BTC Base at $87K
Your daily access to the backroom
Latest
Fidelity Launches Money Market Fund for Stablecoin Issuers Under GENIUS Act
The fund gives stablecoin issuers a regulated vehicle for holding the liquid assets required to back payment tokens, as asset managers race to capture reserve management mandates in a market forecast to reach $4 trillion.
Ethereum Foundation Leadership Exodus Deepens as Co-Executive Director Exits
The departure of Hsiao-Wei Wang leaves the Ethereum Foundation without a permanent co-executive director for the second time this year, as eight senior figures have now left the organization in five months.
Fed's Warsh Makes His Intentions Clear
The new Fed chair held rates, dropped forward guidance, and delivered a dot plot that reset rate-hike expectations — and in doing so, reminded crypto markets that macro correlation isn't a solved problem.
MAS Adds Bybit to Investor Alert List as Singapore Flags Unlicensed Exchange
The listing is not a ban or a finding of wrongdoing, but it signals that Singapore users dealing with Bybit have no regulatory recourse if something goes wrong.