Bitwise CIO: STRC selloff signals bitcoin's end-of-cycle reset
Matt Hougan frames the preferred-stock reset as a late-cycle shakeout, with a fresh BTC bull run he expects to start this fall once forced sellers clear.
Every crypto post from the last 24 hours.
Matt Hougan frames the preferred-stock reset as a late-cycle shakeout, with a fresh BTC bull run he expects to start this fall once forced sellers clear.
Dovish Warsh comments at Sintra flipped the script: BTC is back above $60K, liquidations flipped long, and smaller tokens are leading, the kind of breadth that has historically marked durable bottoms.
The bounce is real, but the macro backdrop hasn't changed: headline CPI prints are softening while core inflation keeps grinding higher, leaving the Fed little room to ease into a recovering BTC.
The structure matters more than the headline number: tying equity to AI deployment puts a sovereign capital partner inside the company that defines the consumer AI stack.
The new entity, Ethereum Institutional, runs independently of the Ethereum Foundation and is built to be the front door for pensions, endowments and asset managers wiring ETH exposure.
Bitmine and Sharplink hold 5.46% of all ETH between them and are underwriting the very nonprofits meant to sell the chain to Wall Street; that alignment could accelerate institutional adoption or…
The lift came from a single dovish line at Sintra, not from fresh demand, and it stood out because Asian tech was getting crushed the same hour on AI-chip jitters.
A six-month disclosure lag on a six-figure equity trade by the FBI's top official is the kind of filing lapse that tends to invite an inspector general, even when the trade itself was cleared.
The proposal, raised by Sam Altman in early talks with Trump administration officials, would tether federal AI policy leverage to public ownership and almost certainly require an act of Congress.
The forced seller is a canary for the whole cohort: when refinancing tightens, the "buy more BTC" pitch stops working and the equity gets marked against NAV until the math clears.
The Fed chair's panel remarks on AI policy and lingering inflation scars landed as $BTC and $ETH recovered, while a BlackRock–Ripple push into USDC-backed reserves reframed the stablecoin rails.
A roughly 83x monthly jump, peaking at $5.6B on June 22, shows sports catalysts can pull retail capital into event contracts faster than any other category this cycle.
CryptoQuant data shows wallets under 1 BTC sending an average of 329 BTC a day to Binance, against a 2021 peak near 2,690 BTC, a 12x drop that frames this cycle's missing retail bid.
The entry is sandbox-conditional rather than fully licensed, but it hands Binance a regulated on-ramp into a 117-million-person remittance market that has long pushed crypto adoption from the bottom…
The first G-SIB to onboard clients into USDC minting and redemption is a $770B-balance-sheet bank, which reframes the institutional stablecoin story as incumbent infrastructure, not crypto-native…
Small-wallet inflows collapsed to 329 BTC a day on Binance, against 3,700 BTC a day in 2018, suggesting the retail side of the largest venue is quieter than at any point in its history.
The Tokyo-listed buyer's pace has roughly doubled its BTC stash in less than five months, making it the largest non-US corporate holder and tightening a corporate bid that the broader market is…
The launch gives token holders, not just validators, a recorded vote on the network's direction through Solana Governance Proposals, with delegators able to override the validator they delegate to.
The pace slowed from earlier quarters, but the bid stayed consistent. With 43,000 BTC now on the books, the Japanese corporate-treasury playbook keeps compounding.
The world's largest exchange takes a regulated route into a Southeast Asian market of 115 million where unbanked retail remains structurally underserved by formal finance.