Token Metrics Daily Pulse

Circle stock plunged 20% in a single day. The Clarity Act spooked investors. But Bernstein says they read it backwards. BTC ETFs pulled in $2.5B this month. Someone's panicking. Someone else is buying.Today's key developments:• Circle stock cratered 20% after the Clarity Act draft banned stablecoin yield-sharing. Then Bernstein dropped a note saying the market got it completely backwards.• Bitcoin ETFs pulled in $2.5 billion in a single month, nearly erasing their year-to-date outflow losses despite a significant price drawdown.• Monument Bank is tokenizing £250 million in retail deposits in what's being called a UK first. The deposits stay in...

NYSE taps Securitize for 24/7 tokenized stocks, joining a growing institutional race to put equities on-chain. Two of the world's biggest exchanges. Same week. This is a race now.Today's key developments:• NYSE taps Securitize to build a 24/7 tokenized securities platform, joining a growing institutional race to put equities on-chain.• Coinbase says institutional crypto is entering a 'second wave' — and this time, it's all about yield, not price speculation.• Strategy (Saylor) gains access to another $44 billion to buy Bitcoin, while Bernstein calls the bottom and maintains its previously published year-end price target.📰 Read the full Da...

Bitcoin clears $71,000. Trump postpones Iran strikes. BTC up 2.97%. The market isn't trading crypto anymore. It's trading the news wire.Today's key developments:• Bitcoin surged above $71,000 after Trump announced a five-day postponement of planned strikes on Iranian power plants, citing productive diplomatic conversations.• Strategy acquired 1,031 bitcoin for $76.6 million last week, bringing total holdings to 762,099 BTC — more than 3.5% of the entire 21 million supply.• Tom Lee's Bitmine spent $138 million on ETH this week, extending its buying streak for three consecutive weeks despite mounting unrealized losses.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-4d...

Bitcoin miners losing $19,000 per coin produced. Options fear at all-time high. Trump drops 48-hour Iran ultimatum. $299M in liquidations. This isn't a dip. It's a stress test.Today's key developments:• Bitcoin miners are losing $19,000 on every coin they produce — and difficulty just dropped 7.8% as the miner exodus accelerates.• Bitcoin options downside protection premium hit a new all-time high — even as spot prices stabilized, per VanEck.• Trump issued a 48-hour ultimatum on Iran power plants, sending BTC below $69,200 with $299 million in liquidations — long positions took 85% of the damage.📰 Read the full Daily Pulse: https://pulse.t...

Nasdaq gets SEC approval for tokenized stocks. BTC fell 3.67% on Fed rate-hold. Market sold macro. Missed the structural story.Today's key developments:• Nasdaq is set to launch tokenized stock trading after receiving SEC approval.• Lawmakers have reached an 'agreement in principle' on stablecoin yield treatment within a sweeping crypto bill.• Grayscale has filed for a new ETF focused on Hyperliquid, an on-chain derivatives DEX.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-180b?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast🔔 Subscribe for daily crypto marke...

JPMorgan says Iran war volatility is driving an oil trading boom on Hyperliquid. BTC rebounds to $70,348. Morgan Stanley files amended Bitcoin ETF S-1. The institutions aren't coming. They're already here.Today's key developments:• JPMorgan says Iran war volatility is sending oil traders to Hyperliquid — a DeFi perpetuals exchange — for round-the-clock exposure that traditional markets can't provide.• Coinbase launches 24/7 stock perpetual futures for non-US traders — cash-settled in USDC, up to 10x leverage on single stocks and 20x on ETF products. Magnificent 7 names included: Apple, Tesla, Nvidia.• Ripple survey: 72% of finance leaders now view digital assets as essential to...

Bitcoin dropped 4.28% despite $1.1B in ETF inflows. ETH fell 5.68%. Macro is winning the tug-of-war. Inflation and oil are the culprits.Today's key developments:• $1.1 billion in Bitcoin ETF inflows hit the tape this week. BTC fell 4.28% anyway.• The SEC approved Nasdaq's pilot program to trade tokenized securities. This is the first time a major exchange gets regulatory clearance to test tokenized stocks and ETFs on blockchain rails.• Polymarket acquired DeFi startup Brahma to build what it's calling 'reliable financial blockchain infrastructure.' This is Polymarket's latest move in an active acquisition run.📰 Read the full...

BTC dropped 4.11%. ETH fell 5.62%. Then a whale bought $111M of ETH anyway. Someone's not scared.Today's key developments:• A whale bought 50,706 ETH worth $111.62 million in a single transaction — one year after selling the same position.• The Fed held rates steady and flagged geopolitical uncertainty — crypto shed $100 billion in market cap as 2026 rate-cut hopes fade further.• The SEC approved Nasdaq's tokenized equities trading pilot — real stocks, on a blockchain, with regulatory blessing.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-89fe?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast<b...

BTC dropped 4.11%. ETH fell 5.62%. Then a whale bought $111M of ETH anyway. Someone's not scared.Today's key developments:• A whale bought 50,706 ETH worth $111.62 million in a single transaction — one year after selling the same position.• The Fed held rates steady and flagged geopolitical uncertainty — crypto shed $100 billion in market cap as 2026 rate-cut hopes fade further.• The SEC approved Nasdaq's tokenized equities trading pilot — real stocks, on a blockchain, with regulatory blessing.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-89fe?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast<b...

Mastercard pays $1.8B for stablecoin rails. Citi cuts BTC targets. Zcash surges 15.78%. Mixed signals everywhere.Today's key developments:• Mastercard agrees to acquire BVNK for up to $1.8 billion — the largest TradFi acquisition of stablecoin infrastructure to date.• Citigroup cuts its BTC and ETH price targets, citing slower ETF flows, weak network activity, and a narrowing window for U.S. regulatory catalysts.• Zcash surges 15.78% — the top mover in today's market — as Monero also posts gains, with privacy coins leading while majors stall.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-e537?utm_source=spreaker...

SEC and CFTC sign first-ever joint crypto MOU — as Aave loses $50M in a swap gone wrong and BTC posts its best week since September 2025.Today's key developments:• The SEC and CFTC signed a memorandum of understanding to coordinate their approach to digital asset regulation — the first formal joint framework between the two agencies.• Aave and CowSwap published dueling post-mortems after a $50M token swap went catastrophically wrong — and now Aave is rolling out a new protection mechanism in response.• Bitcoin is on track for its best week since September 2025, and its correlation with tech stocks is vi...

MARA posted a $1.7B loss. The stock jumped 15%. Jack Dorsey is firing 40% of Block. The pivot to AI isn't a narrative anymore — it's a survival mechanism.Today's key developments:• Bitcoin miner MARA posted a $1.7B quarterly loss but saw shares jump 15%.• Polymarket bettors made over $1M trading on a ZachXBT investigation before it went public.• Jack Dorsey's Block Inc. is cutting 40% of its staff to get 'smaller and flatter.'📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-7e18?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast<br...

BTC holds $70,730 as Trump warns Iran oil strikes — down -2.86%, oil near $100, Fed decides March 18.Today's key developments:• Bitcoin holds $70,730 as Trump warns of strikes on Iran's oil-rich Kharg Island — and oil threatens to cross $100.• Spot Bitcoin ETFs just extended their inflow streak to five consecutive days — the first time that's happened in 2026.• USDC market cap is approaching a record $80 billion, with analysts pointing to capital flight from the UAE as a driver.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-f28f?utm_source=spreaker&utm_medium=audio&utm_campaign=daily...

Bitcoin hits $72,857 — up 3.46% — while equity futures slip and the dollar strengthens. Correlated assets don't do this.Today's key developments:• Bitcoin breaks $72,000 while stocks fall and the dollar strengthens — a textbook decoupling moment.• BlackRock's staked ETH ETF (ETHB) pulled in $15 million on its first day of trading.• A crypto trader lost nearly $50 million on an Aave trade — and got a $600,000 fee refund as consolation.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-45eb?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast🔔 Subscribe for daily crypto market updates!<br...

BlackRock debuts staked ETH ETF. Pump.fun hits $1B revenue. Futures are 5x spot on Binance.Today's key developments:• BlackRock just launched a staked ETH ETF — the first yield-bearing crypto fund from the world's largest asset manager.• Bitcoin futures volume on Binance is now 5x larger than spot — a ratio that historically precedes sharp, painful corrections.• Pump.fun just became Solana's first platform to hit $1 billion in cumulative revenue — and it's now hinting at expansion to Ethereum, Base, BSC, and Monad.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-270e?utm_source=sp...

Binance is suing the WSJ over Iran claims. Wells Fargo just filed for WFUSD. CPI matched forecasts exactly. The structural shift is accelerating.Today's key developments:• Binance is suing the Wall Street Journal over a report claiming the DOJ is investigating the exchange for Iran sanctions evasion.• Wells Fargo just filed a trademark for WFUSD, covering crypto trading, payments, and tokenization services.• Mastercard is pushing deeper into blockchain payments, onboarding more than 85 partners including Binance, PayPal, and Ripple.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-c891?utm_source=spreaker&utm_mediu...

MicroStrategy drops $1.28B on BTC, DOJ pushes Tornado Cash retrial, and Data Availability tokens surge 18.67%.Today's key developments:• MicroStrategy just scooped up another $1.28 billion in Bitcoin.• The U.S. DOJ is pushing for an October retrial for Tornado Cash developer Roman Storm.• Analysts are warning that Bitcoin's next move is tied to oil, yields, and Fed policy rather than crypto-native catalysts.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-e3cb?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast🔔 Subscribe for daily crypto market updates!⚠...

MARA lost $1.7B mining Bitcoin but stock jumped 15% on AI news. Block Inc. is firing 40% of staff. The pivot is real: infrastructure is migrating from hashing SHA-256 to training LLMs.Today's key developments:• Bitcoin miner MARA posted a massive $1.7B quarterly loss but saw shares jump 15% after announcing an AI data center deal.• Block Inc. (Square) is cutting 40% of its staff as Jack Dorsey admits stablecoins are pressuring payment margins.• Traders on Polymarket made over $1 million betting on a ZachXBT investigation before the findings went public.📰 Read the full Daily Pulse: https://pulse.tok...

Bitcoin ETFs just posted a second week of inflows. Meanwhile, whales are selling into retail buying. The Binance terrorism lawsuit just got tossed.Today's key developments:• Spot Bitcoin ETFs just posted their second straight week of inflows for the first time in 5 months.• Bitcoin whales are selling into retail buying, driving the Fear and Greed Index down to 12.• A federal judge just dismissed the terrorism lawsuit against Binance.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-a70b?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast🔔 Su...

Bitcoin drops to $69.3k as the U.S. sheds 92,000 jobs and ETFs bleed $228M in a single day.Today's key developments:• The parent company of the NYSE just invested in crypto exchange OKX at a $25B valuation.• Kazakhstan's central bank is investing $350 million of its gold and forex reserves into digital assets.• The U.S. unexpectedly lost 92,000 jobs in February, pushing unemployment to 4.2%.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/new-post-5be5?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast🔔 Subscribe for daily crypto market updat...