Key Takeaways:
- Landmark crypto legislation advances in Congress
- Ethereum ETF inflows hit record highs
- ETH leads the market rally with 9% daily gain
Your daily access to the backroom.
Key Takeaways:
Geopolitical pressure from the Strait of Hormuz standoff continues to weigh on BTC, which has failed to sustain gains above $72,500 even as whale selling dries up and leveraged shorts accumulate.
BTC retreated from a weekend high near $73,000 after the U.S. announced naval interdiction of vessels transiting the Strait of Hormuz, compounding an already fragile market structure.
DRW founder Don Wilson's blunt critique of MEV cuts to a deeper flaw: blockchain market design has drifted into engineering complexity that extracts value without improving price discovery or capital allocation.
Binance is relocating staff from the UAE as the Iran war upends one of the industry's most important hubs. The question is where the talent goes next.