Breaking news from yesterday and thoughts - JPMorgan analysts say regulators outside US like the Bank of England prefer tokenized bank deposits over stablecoins - Hyperliquid generated $6M in daily fees making new ATH and on a 7 day straight record of oopen interest ATHs, now at $13.8B - Euler Labs partnered with Brahma to launch Swype[.]fun a credit card on Base that lets users make real world purchases with crypto without selling their assets. The card works by borrowing USDC against the users onchain positions on Euler or AAVE

Breaking news from yesterday and thoughts - Ondo is bringing its tokenized Treasury product, USDY to Sei, marking the first RWA launch on SEI. USDY will give users on Sei access to onchain yield backed by US Treasuries and bank deposits. - Trump has officially signed the GENIUS Act into law, the first US federal crypto legislation, banning algorithmic stablecoins and requiring full dollar reserves, audits, regulatory compliance. Bullish for crypto powered by America 🇺🇸 🤷🏻‍♂️🐍 - Fluent raised $2.2M in a Testnet Round from echo etc, the funds will power testnet operations and support the first wave of apps building on Fluent. @fluentxyz is built for dev flexibility, any VM, any language. Starting with EVM, SVM, and Wasm. Dapps I’m bullish on fluent are: @PumpPals a NSFW fantasy card game built on Fluent, where you collect and upgrade model-themed cards. Cards come in five tiers (Bronze to Diamond) and have condition ratings (1–5). Higher tiers boost in-game performance, while better condition increases resale and collector value. Combine same-tier cards to upgrade, but risk losing condition in the process. Strategy, value, and fantasy collide in Pump Pals. And there’s @sproutfi_xyz built on Fluent, it’s UX friendly and how DeFi yield should work. Most people earn no yields on crypto, because of Dapp UX complexity: Wallets, bridges, protocols etc. Sprout aims to fixes it, a mobile app that gives you 5–25% APY through risk-adjusted DeFi strategies. You take a quick risk assessment. Sprout builds a portfolio, routes your funds, manages risk, and rebalances automatically. The more you use it, the smarter it gets, adapting to your behavior in real time. Sprout is built on Fluent and structured as a modular project: Clean UX, no DeFi knowledge required, Smart yield routing across protocols, Real-time risk engine, Built-in compliance layer (so it can plug into wallets, apps, even employee benefits) (Disclaimer, invested and bullish on Fluent, it’s Dapp first approach interests me. And that’s what any crypto chain needs for scale but this time Fluent is younger, more modular and in next gen era. Then in tech side, it’s dev friendly, build with any lang on any vm on fluent.)

Crypto News from Yesterday🚨 Timestamp: 00:10 Trump signs Genius Act 00:43 Ondo expands to SEI 01:00 Fluent raise $2.2M for Testnet Defi Bonding ft @SeiNetwork @fluentxyz @realDonaldTrump

Things I'm Looking At Today --- - Maple just hit $3B in AUM as their arc of conquest continues unabated :) (note: that is 300% growth in the last three months!) - Coinbase announced their big wallet/app upgrade yesterday and $COIN is in price discovery at $420 - Cap Money announced a big new partnership with PayPal USD this week - Mantle $MNT up 33% in the last week on top of its Blockchain For Banking initiative and a bunch of other stuff - The Lighter_xyz airdrop/points program is getting more and more buzz and seeming more and more promising. I have already been using it but am going to double my efforts. -Very interesting news this morning about Kraken/Ink launching a (first ever) white-label version of Aave on their chain... - A cool new defi project called TopCutFinance just launched (no connection to it but I've chatted with the founder via dm quite a bit and I have a lot of good friends who are quite into it)... - Think Fantasy Top migration from Blast to Base is quite interesting and its another one to watch closely... - The kinetiq_xyz launch this week generated massive attention, and the HyperEVM ecosystem seems like it is still definitely the hottest in crypto as of right now... --- Additional Thoughts: ....while $4T total crypto market cap is alot, I would remind you that it is still smaller than $NVDA, which is a single stock, and also less than 1/5th the size of gold... If one truly thinks Bitcoin is as good as gold then $BTC by itself could go up to $22T (gold's current mc)... And... imo there is no reason $ETH as the 'world computer' should not be worth as much as $MSFT or $AAPL, at the $3-4$T level... So... my dear froggish brethren... to summarize... I think we have absolutely massive room to run in front of us 💪

Crypto News from Yesterday🚨 Timestamp: 00:08 Cap Money launch Cap Stablecoin Network with PYUSD 00:43 Kaito is launching community owned launchpad with @EspressoSys as first launch project 01:02 Ethereum ETF drives ETH pump Alt season ft @KaitoAI @capmoney_ @megaeth_labs @ethereum @VitalikButerin

We are on the cusp of an absolutely staggering bull market.... And there is no project better-poised to capitalize on it and benefit from it than @maplefinance... 🍁👇

Crypto News from Yesterday🚨 Timestamp: 00:16 Bitmine holds 163k ETH ($533M) 00:59 USDT0 live on BTC L2 RootStock 01:40 Babylon announce BTCfi summer BTCfi Summer ft @babylonlabs_io @rootstock_io @BitMNR

I feel a great tingling in my bones. As if the whole world has suddenly recast its price targets for crypto vastly higher. That the speculative has become the existential. And nobody is long enough.

Alts are loading up silently as $BTC.D keeps dropping and $ETH is holding up. Is the market rotating right in front of us? Here’s why I think this is the perfect entry zone for Altseason 🧵👇

Breaking news from yesterday and thoughts - Grayscale confidentially filed for an IPO with the SEC. No details yet on share count or valuation, and timing remains flexible. - SharpLink Gaming is now the largest ETH corporate holder at 280,706 ETH, surpassing the Ethereum Foundation. It bought 74,656 ETH last week for $156M, bringing its total ETH holdings to around $858M. They raised $413M via a stock sale, with $257M still available for more ETH buys. - Metaplanet revealed that Fidelity’s custody arm, National Financial Services now holds a 12.9% stake, becoming its largest shareholder. The 84.4M shares are worth about $820M. Metaplanet has raised over $1B this year to build its BTC reserves, after its recent buy, now totaling 16,352 BTC acquired for around $1.64B. - Standard Chartered has launched BTC and ETH spot trading for institutional clients, becoming the first major global bank to offer regulated, USD/paired crypto trading. It’ll be ran through its UK branch. - @OndoFinance has acquired @strangelovelabs to boost development of its RWA stack. Former Strangelove CEO Jack Zampolin will join Ondo as VP of Product. This follows Ondo’s $250M RWA investment plan with Pantera and its recent deal to acquire @Oasis_Pro_ - @KaminoFinance is now accepting tokenized stocks as collateral, starting with Apple’s AAPLx. Powered by Chainlink’s @xStocksFi data standard, this will make Kamino the first major defi lending platform to support tokenized equities. The move is part of their v2 upgrade, aiming to build a full onchain asset marketplace.