Open USD poll: 48% bullish, analysts warn of Paxos-style stall
The headline vote reads upbeat, yet Paxos's 2024 run at the same model landed at ~$3B in supply against USDC's $73B. The partner list, not the policy, is where this story actually lives.
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The headline vote reads upbeat, yet Paxos's 2024 run at the same model landed at ~$3B in supply against USDC's $73B. The partner list, not the policy, is where this story actually lives.
Same decade, same starting capital, but a ~64x return on Bitcoin against ~217x on Ether reframes a decade-long debate about which asset compounds harder.
Public disclosure named them as members of Open Standard's won-pegged stablecoin project before any formal talks took place, two of Korea's largest names told local media.
The model pairs a $120K base case with a bull range to $150K, anchored on the CLARITY Act timeline, ETF inflows that have already absorbed $2.1B, and Citi's separate $143K base call.
The largest spot Bitcoin ETF issuer just printed its longest sustained outflow streak on record, with $2.24B pulled in 10 sessions. When the institutional bid goes quiet, the marginal buyer flips.
The $60K retest failed, and 49,000 BTC of whale deposits hit order books within days, putting a $49K cycle-low framework back on the table for the first time since the early-year lows.
37 new CASPs cleared ESMA's MiCA register in the first update after the December deadline, pushing total authorisations to 280 and giving one of Europe's biggest banks a regulatory foothold.
The headline number ends a 10-day, $2.73B outflow streak, but Fidelity and ARK did the lifting while BlackRock posted a $40M outflow, a configuration that reads more like tactical re-entry than…
1.7K $BTC (≈106.2M) moved from unknown wallet to unknown wallet.
The Fund's financial counsellor framed tokenization's upside as policy-dependent, not technical. Whether shared digital ledgers become systemic infrastructure or fragmented national silos is now a…
Strategy still anchors the corporate bid with roughly two-thirds of the float, but the top 10 alone now control more than 1.1M BTC and the buyer list is broadening beyond pure-play treasury names.
Matt Hougan frames the recent STRC volatility and MSTR pullback as classic end-of-cycle deleveraging, with Strategy now able to monetize its BTC stack rather than buy through any drawdown.
Twelve weeks of selling left no place to hide, with L2 down nearly 25%, DePIN close behind, and even defensible Layer 1s erasing a quarter of value.
The model anchors the entire H2 thesis to a single binary event: a Senate floor vote that Polymarket currently prices at just 42% odds of passing this year.
The federal ethics disclosure lands while the administration is also writing the rules the industry operates under, putting the largest crypto earner in U.S.
The split between $4 billion of ETF outflows and 270,000 BTC of whale accumulation is the same divergence that has marked past cycle bottoms, with long-term holders absorbing the supply that…
Elevated put skew across all tenors signals persistent downside hedging even as spot ETFs just ended a 10-day outflow streak, a split tape that argues against calling the rebound a confirmed bottom.
A weak June payrolls print just gave the Fed a reason to cut, and $222M back into spot BTC ETFs shows institutional buyers read it the same way the bond market did.
The setup flipped in three days: ETH led $417M in short liquidations, BTC reclaimed $61.6K, and the rate-hike probability that had been pinning risk assets collapsed alongside the July payrolls print.
A 57K print against 110K expectations should be dovish, but a 4.2% unemployment rate and 3.5% wage growth give Powell's Fed every reason to look through it, and that tension is now the trade.