Token Metrics Daily Pulse

Bitcoin is on track for its best month in a year. Spot ETFs just logged a 9-day inflow streak. Yet traders are eyeing $73K as the next key level. The bulls and the chart are in a standoff.Today's key developments:• Bitcoin is on track for its best monthly performance in a year, fueled by $5 billion in new USDT minted and a 9-day spot ETF inflow streak.• Prediction markets are under siege globally: Brazil banned 27 platforms including Kalshi and Polymarket, while the CFTC added New York to its list of states it's actively fighting to stop pred...

A US soldier used classified intel on the Maduro raid to win $409K on Polymarket. Now he's facing five felonies. Bitcoin stalls at $78K as leverage unwinds. Two very different kinds of risk on display today.Today's key developments:• A US Army soldier faces five felony charges after allegedly using classified intelligence about the Maduro raid to bet $409K on Polymarket — and win.• Aave is rallying DeFi partners to contain the fallout from a $292 million KelpDAO bridge exploit — the largest DeFi security event of the month.• Bitcoin is stalling just below $78,500 as volatility cools and traders un...

Tether froze $344 million in USDT on Tron. US law enforcement asked. Tether complied. BTC knocks on $80K again. The rally is real but the resistance is too.Today's key developments:• Tether froze $344 million in USDT on Tron after wallets were flagged by US law enforcement — one of the largest asset freezes in the stablecoin's history.• Bitcoin ETFs just posted a 7-day inflow streak with $1.9 billion flowing in as BTC tests the $80,000 resistance zone — and analysts say the real test starts now.• JPMorgan says DeFi's security problem is keeping institutions out — and the data backs it up: persiste...

Bitcoin clears $78K for the first time in weeks. $418 million in liquidations in 24 hours. ETH up 4%, SOL up 4%. The short squeeze the bears didn't see coming.Today's key developments:• $418 million in crypto liquidations in 24 hours as Bitcoin tests $78K resistance and short sellers get caught offside.• Lazarus Group has a new attack vector: a macOS-targeting exploit called Mach-O Man, and they're using LayerZero and other bridges to launder the proceeds.• Aave's TVL is sliding, with capital rotating to Spark and Lido — and USDC is becoming the default parking spot for DeFi cash sitting on the sideline...

Scammers posed as Iranian officials. They demanded Bitcoin to let ships pass Hormuz. At least one vessel paid. Strategy just bought 34,000 BTC more. The market barely flinched.Today's key developments:• Fraudsters impersonating Iranian Revolutionary Guard officials demanded Bitcoin and USDT from cargo ships near the Strait of Hormuz — and at least one vessel appears to have paid.• Arbitrum's Security Council froze $71.5 million in ETH tied to the $292 million Kelp DAO exploit — but the attacker had already moved $175 million across chains before the freeze landed.• Strategy bought 34,000 BTC in its latest purchase while Bitmine crossed 4% of total ETH...

Crypto funds pulled in $1.4 billion last week. BTC is flat at $75K. ETH can't hold $2,500. Money is entering. Prices aren't moving. Something has to give.Today's key developments:• Crypto funds absorbed $1.4 billion last week as Bitcoin cleared its two-month trading range.• Aave V3 TVL dropped significantly after the Kelp DAO rsETH bridge exploit, exposing structural risk from liquid restaking tokens as collateral.• Polymarket is reportedly in talks to raise $400 million at a $15 billion valuation.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/crypto-funds-just-absorbed-1-4b-in-a-week-apr-20-2026-ggzn?utm_source=spreaker&utm_mediu...

65% of institutional investors call crypto a vital diversifier. BTC sits at $75K and sliding. Memes up 33% in a week. Conviction is rising while prices drift lower.Today's key developments:• A Nomura study finds 65% of institutional investors now view crypto as a vital portfolio diversifier — the highest reading the firm has recorded.• Kelp DAO's rsETH bridge was exploited for $292 million — 2026's largest crypto hack — with wrapped ETH stranded across 20 chains in a LayerZero-based attack.• Alcoa is selling its dormant Massena, New York smelter to NYDIG for Bitcoin mining and AI data center operations — a former industrial site convertin...

Kelp DAO just lost $292 million in a bridge exploit. rsETH stranded across 20 chains. BTC slides to $76K. DeFi's security problem isn't getting smaller.Today's key developments:• The Kelp DAO exploit exposed a layered attack surface: restaked ETH on EigenLayer, a LayerZero-based bridge, and 20 destination chains — all failing together in a single coordinated hit that the restaking narrative wasn't prepared to absorb.• Bitcoin broke through seven months of resistance this week before sliding back toward $76K — and the narrative battle between bulls and bears is now fully open.• Solana futures open interest rose 20% this week as SOL briefl...

Kraken drops $550 million on a derivatives exchange. BTC sits at $76K with a sell wall overhead. Negative funding rates hit their highest of the year. Someone's positioning for the next move — question is which direction.Today's key developments:• Kraken's parent Payward is acquiring derivatives exchange Bitnomial for $550 million in cash and stock — the biggest exchange acquisition in years.• Negative funding rates hit their highest level of 2026 as BTC tests $76K — shorts are the most crowded they've been all year.• Glassnode's RHODL ratio is signaling the Bitcoin bottom may already be in — a metric that has historically c...

BTC funding rates just hit their most negative since 2023. Price sits at $74K. Short-term holders are hunting exits. Historically, this is where bottoms form — not where they break.Today's key developments:• Bitcoin funding rates just hit their most negative reading since 2023 — and history says that's actually a bullish setup.• Drift Protocol just raised $148 million from Tether and partners — days after a massive exploit — and is replacing USDC with USDT as its primary stablecoin.• Bitcoin developers are proposing BIP-361 — a plan to freeze wallets that are vulnerable to quantum computing attacks.📰 Read the full Daily Pulse: h...

BTC hit $75K yesterday. Today it's back at $74K. The IMF just cut global growth forecasts. Memes are up 12% this week. The market is sending three different signals at once.Today's key developments:• BTC touched $75K for the first time since February — then immediately pulled back. $411 million in ETF inflows followed. Analysts are calling for caution.• The IMF just issued a global debt warning that directly reprices the macro backdrop for Bitcoin — and not in the way bulls want.• World Liberty Financial — the Trump-backed DeFi project — is proposing to unlock $6.2 billion in tokens. Yes, billion.<br...

ETH up 8% in a day. BTC touched $75K for the first time since February. Total market cap back above $2.6 trillion. But ETF flows were negative $291 million last week. Someone's buying — and it's not the funds.Today's key developments:• Bitcoin crossed $75K for the first time since early February — even as spot ETFs posted $291 million in net outflows last week.• The SEC staff exempted crypto interface providers — wallets, front-ends, aggregators — from mandatory broker registration.• Deutsche Börse is acquiring a stake in Kraken for $200 million — one of the largest traditional finance investments in a crypto exchange ever....

The SEC just said crypto wallet software isn't a broker. Three years of developer fear, gone in one staff bulletin. BTC sits at $72K. Crypto funds just had their best week since January. Someone should've bet on this.Today's key developments:• The SEC just ruled that software enabling crypto wallet transactions doesn't qualify as a broker — exempting non-custodial interfaces from mandatory registration requirements.• Crypto funds posted their best week of inflows since January, with both Bitcoin and Ethereum ETF products seeing surging investment.• Kraken disclosed it was targeted in an extortion attempt — an attacker claimed to have cl...

Commodity traders are getting debanked over Iran exposure — and stablecoins are the only rail still open.Today's key developments:• Commodity traders caught in the Iran war crossfire are getting debanked — and turning to stablecoins to keep their businesses alive.• WLFI's $75 million DeFi loan is drawing fire from two directions at once: Justin Sun calling it an ATM for insiders, and U.S. senators asking pointed questions about the Mar-a-Lago gala.• North Korea keeps stealing billions in crypto — not despite operating in the open, but because of it.📰 Read the full Daily Pulse: https://pulse.t...

Bhutan quietly sold 70% of its Bitcoin over 18 months. BTC sits at $73K anyway. Sovereign sellers. Retail buyers. Someone's wrong about who's in charge here.Today's key developments:• Bhutan has sold 70% of its Bitcoin over the past 18 months — and may have stopped mining entirely.• The Bitcoin market is splitting in two: long-term holders accumulating while short-term traders sell into strength.• WLFI token hits a new low as concerns grow over its token-backed loan position — with Justin Sun's blacklisted wallet tied to a $70M loss.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bhutan-sold...

BTC hits $73,035 (+1.7%). WLFI borrowed $75M against its own token. Justin Sun's position down $80M+. Trump's DeFi project is one bad candle away from a headline.Today's key developments:• World Liberty Financial borrowed $75M against its own token on a protocol its own advisor co-founded — and Justin Sun's frozen WLFI position is already down more than $80M.• Coinbase CEO publicly backed the Clarity Act alongside Treasury Secretary Bessent, who called crypto skeptics "nihilists" in Senate testimony.• Bittensor's TAO dropped 15% after Covenant AI publicly called the network "decentralization theater" and exited.📰 Read the full Daily Pulse...

BTC holds above $71,900. CME futures activity at a 14-month low. Institutional basis trade unwinding. Price up. Smart money out?Today's key developments:• U.S. Treasury will now loop in crypto firms on hacker warnings — the same intelligence sharing previously reserved for traditional finance.• Securitize hired former SEC official Brett Redfearn as president, ahead of its public listing.• Iran reportedly demanded Bitcoin payments for Strait of Hormuz transit — crypto intelligence firms are skeptical.🔔 Subscribe for daily crypto market updates!⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice...

BTC spikes to $72,084 (+5.37%). ETH surges +8.09%. A ceasefire did that. Morgan Stanley's Bitcoin ETF opens today at 0.14% — cheaper than BlackRock.Today's key developments:• Morgan Stanley's MSBT Bitcoin ETF went live today with a 0.14% fee — the lowest in the market — backed by a $7 trillion wealth management machine. BlackRock's IBIT just met its first serious competition.• Trump announced a 2-week conditional ceasefire with Iran. Bitcoin spiked above $72,000. Oil tumbled. The market just told you exactly what it thinks the biggest macro risk was.• Six major Swiss banks including UBS launched a Swiss franc stablecoin sandbox. Separately, South Korea is drafting...

BTC pulls back to $68,389 (-1.48%). ETH drops to $2,086 (-2.68%). Bitcoin ETFs just posted their biggest inflow day in six weeks. A Nobel physicist says quantum computing breaks encryption sooner than you think.Today's key developments:• Bitcoin ETFs recorded their largest single-day inflow in six weeks: $471 million net positive on Monday.• A 2025 Nobel Prize-winning physicist says quantum computing will target encryption — including Bitcoin's — sooner than the industry expects.• XRP led all assets with $119.6 million in weekly ETP inflows, out of $224 million total across global crypto funds.📰 Read the full Daily Pulse: https://pulse.tokenmetrics...

BTC hits $69,414 (+3.91%) on Iran ceasefire rumors. ETH leads at +5.63%. Strategy added 4,871 BTC for $330M.Today's key developments:• Bitcoin reclaimed $69,414 — a weekly high — after reports of US-Iran ceasefire talks sent oil lower and risk assets higher.• Strategy added 4,871 BTC for $330 million, pushing total holdings near 767,000 BTC — funded primarily through STRC preferred stock sales.• North Korean operatives spent six months inside Drift Protocol before draining $280 million in a social engineering operation, new reporting confirms.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/btc-hits-69k-iran-ceasefire-did-that-apr-6-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily...