At least that's what Bitwise's CIO believes. Plus Republicans publish new Clarity Act draft, and the SEC Commissioner has a warning for DeFi.
Bitwise CIO proposes two bull drivers: Hyperliquid-model protocols ($800M annual revenue) and Wall Street on-chain (DTCC live, Robinhood Chain $3B volume). Revenue-sharing tokens plus institutional adoption replace speculation, repositioning crypto as economic infrastructure.
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.GM!Today’s top news:
Crypto majors mostly flat despite falling stocks & rising oil; BTC at $65.5k
Senate Republicans publish new Clarity Act draft, Dem Leaders still oppose
SEC Commissioner Pierce warns some DeFi vaults and onchain lending fall under securities law
BTC ETFs see 7 straight days of inflows; ETH validator exit queue goes to 0
The wall between crypto and TradFi continues to break down as Coinbase ushers in non-crypto products.
Plus, Circle wins a national bank charter and pops 10%. And the Clarity Act gets a new draft while the clock is ticking…
The Clarity Act passed a bipartisan vote in its 1st checkpoint. Coinbase made a major deal with Hyperliquid and HYPE ripped on…
Crypto majors are falling and the ETFs are seeing an exodus, while SpaceX had a major debut on Hyperliquid.
BNB Chain rebuilds itself for a world run by AI agents. BTC ETFs flows flip negative. And prediction markets face a new hurdle.
The three crypto market overhangs of the Iran War, SpaceX IPO and ETF outflows appear to be lifting. But can they be trusted?
