Token Metrics Daily Pulse

Charles Schwab just flipped on spot crypto for retail. JPMorgan tokenized a money market fund on Ethereum. Fear & Greed dropped to 42: Fear. TradFi is building while sentiment slides.Today's key developments:• Charles Schwab has begun rolling out spot crypto trading for retail customers, marking the firm's first direct crypto offering.• JPMorgan is launching a second tokenized money market fund on Ethereum, while tokenized Treasuries industry-wide have crossed $15 billion in total value.• Coinbase launched x402, a batch settlement protocol designed for AI agent payments, letting autonomous agents pay for services on-chain without human approval loops.<...

Hot inflation data just pushed rate cuts further out. BTC barely flinched at $81K. Fear & Greed sits at 49: Neutral. The macro headwind is real. The market's not panicking. One of those is wrong.Today's key developments:• Hot inflation data lands, and the Fed's rate cut timeline just got pushed back again.• DTCC taps Chainlink for its tokenized collateral platform, launching in Q4.• Senate Banking Committee releases the CLARITY Act draft ahead of Thursday's markup.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/hot-cpi-just-killed-rate-cut-hopes-markets-shrug-may-12-2026?utm_source=spreaker&utm_medium=audio&utm_campa...

$858 million flowed into crypto funds last week. Six straight weeks of inflows. Strategy bought again days after hinting at sales. Sui surged 14% while BTC barely moved. Institutions are loading up. Altcoins are waking up.Today's key developments:• Crypto funds logged $858 million in inflows last week, the sixth straight positive week and part of a $4.9 billion six-week streak.• Strategy bought 535 BTC for $43 million, just days after Michael Saylor signaled the company might sell Bitcoin.• The Clarity Act markup is set for May 14. The Senate Banking Committee has the bill on its agenda despite last-minute bank lobby opposi...

Bored Ape NFTs are staging a comeback. Sui up 6% while BTC barely moves. Fear & Greed jumped from 38 to 47. Risk appetite is quietly returning to the edges of the market.Today's key developments:• BAYC floor prices are moving while broader NFT volume metrics show the first sustained weekly uptick since late 2024.• The CLARITY Act gets a Senate markup date. Crypto's market structure bill is finally moving.• LayerZero issues a public apology for the KelpDAO exploit, admitting fault in a single-verifier setup.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bored-apes-are-back-risk-appetite-is-returning-may-10-2026?utm_sourc...

The Senate Banking Committee set a markup date for the CLARITY Act. Trump Media reported a $406 million Q1 loss tied to BTC and CRO markdowns. Fear & Greed sits at 38.Today's key developments:• The Senate Banking Committee has set a markup date for the CLARITY Act, the most sweeping crypto market structure legislation the US has attempted.• Aave Labs plans to overhaul collateral and listing standards after the KelpDAO exploit left Aave with impaired debt.• Trump Media's Q1 filing reveals the company held Bitcoin and CRO as its primary treasury assets going into a quarter where both t...

Atkins eyes on-chain market rules. ECB panics over Tether. SOL up 4%.Today's key developments:- Kraken's parent Payward just applied for a national trust bank charter with the OCC, putting it in the same regulatory category as BNY Mellon and JPMorgan's trust arms.- SEC Chair Atkins signaled the agency is weighing new rulemaking for on-chain market structures and AI-driven finance, marking the clearest pivot yet from enforcement-first to rules-first crypto policy.- The ECB's Christine Lagarde warned that Tether and Circle stablecoins risk "digital dollarisation" in Europe, calling for urgent action to develop a digital...

TradFi is moving into tokenization. BTC is sliding. Two different stories.Today's key developments:- Bitwise acquires Superstate's $267 million tokenized carry fund - the asset manager's first direct move into tokenized real-world assets.- Bitcoin ETFs just posted a 5-week buying streak as institutional appetite returns and hedge positions unwind.- Kraken is buying stablecoin payments firm Reap for $600 million, according to Bloomberg.Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bitwise-just-bought-a-267m-tokenized-fund-may-7-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcastSubscribe for daily crypto market updates....

Kraken just applied for a federal bank charter. SEC Chair Atkins signals new rules for on-chain markets. Fear & Greed dropped 9 points to 38. TradFi is building the rails while sentiment quietly falls apart.Today's key developments:• Kraken's parent Payward just applied for a national trust bank charter with the OCC, putting it in the same regulatory category as BNY Mellon and JPMorgan's trust arms.• SEC Chair Atkins signaled the agency is weighing new rulemaking for on-chain market structures and AI-driven finance, marking the clearest pivot yet from enforcement-first to rules-first crypto policy.• The ECB's Christine Lagarde warned...

Kraken just applied for a federal bank charter. SEC Chair Atkins signals new rules for on-chain markets. Fear & Greed dropped 9 points to 38. TradFi is building the rails while sentiment quietly falls apart.Today's key developments:• Kraken's parent Payward just applied for a national trust bank charter with the OCC, putting it in the same regulatory category as BNY Mellon and JPMorgan's trust arms.• SEC Chair Atkins signaled the agency is weighing new rulemaking for on-chain market structures and AI-driven finance, marking the clearest pivot yet from enforcement-first to rules-first crypto policy.• The ECB's Christine Lagarde warned...

BTC hits a 3-month high above $82K. Zcash up 34% on Multicoin backing. Fear & Greed slipped 4 points to 46. The market is moving up while sentiment moves sideways.Today's key developments:• Bitcoin cleared $82K for the first time in three months, driven by reports of a US-Iran nuclear agreement - a direct geopolitical risk-off unwind.• Zcash surged 34% to $574 after Multicoin Capital disclosed a significant investment, dragging Monero up 5.5% in sympathy - the biggest privacy coin day in years.• Morgan Stanley is launching crypto trading with fees lower than competitors - putting a full-service Wall Street bank directly in the...

BTC holds $81K after absorbing $200M in profit-taking. Fear & Greed jumped 10 points to 50. TON up 36% after Telegram seized control of its own chain. The rally that wasn't supposed to happen is still happening.Today's key developments:• TON surged 36% in 24 hours after Telegram announced it will take direct control of the network, becoming its largest validator and replacing the TON Foundation.• BTC hit $81K while funding rates have been negative for 66 consecutive days - the longest streak of shorts paying longs in this cycle.• Andreessen Horowitz closed a $2.2 billion crypto fund - their fifth - saying crypto...

BTC crossed $80K for the first time since January. Then an Iran missile report hit the wire. It's back at $79K. Fear & Greed dropped 7 points to 40. The rally was real. The ceiling still isn't.Today's key developments:• BTC crossed $80K for the first time since January - then an Iran missile report erased the move in hours, sending ETH, SOL, and DOGE sharply lower.• Kraken's parent Payward closed its $550 million acquisition of Bitnomial, securing a full CFTC-regulated derivatives stack - and simultaneously filed a $25 million fraud lawsuit against custody partner Etana.• MegaETH TVL surged more than 4...

Clarity Act yield deal is done. BTC sits at $78K, barely breathing. Fear & Greed climbed to 47 - Neutral for the first time in weeks. Big win for crypto law. Muted reaction from the market.Today's key developments:• The Clarity Act stablecoin yield deal just cleared its biggest Senate hurdle - and for the first time, paying interest on stablecoins is on the table.• The Ethereum Foundation sold another $23 million in ETH to Bitmine in a third OTC deal - and the market barely blinked.• Brazil's central bank just banned stablecoin and crypto settlement in cross-border paymen...

The Senate just cleared the Clarity Act yield hurdle. BTC sits at $78K, barely moving. Fear & Greed jumped 13 points overnight. Big legislation. Muted reaction. Someone's not impressed.Today's key developments:• The Senate cleared a key hurdle on the Clarity Act, advancing crypto's most significant legislative package in years - including a provision letting crypto firms offer stablecoin yield while shielding bank deposit rates from direct competition.• The Ethereum Foundation completed its third OTC sale to Bitmine, offloading another 10,000 ETH - bringing the total sold to Bitmine to $47 million worth of ETH.• Riot Platforms shares jumped 8% after...

Bitcoin closed April up 12% - best month in a year. BTC ETFs hauled in $2 billion in April. Fear & Greed sits at 26. Institutions are buying what retail is scared to touch.Today's key developments:• Bitcoin ETFs recorded $2 billion in net inflows in April - the biggest ETF month of 2026 so far.• MegaETH TVL surged 277% in seven days after its token went live - the biggest L2 debut of 2026.• SBI Holdings is in talks to acquire a stake in Japanese exchange Bitbank, aiming for subsidiary status.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bit...

April just became the worst hack month since February 2025. $630 million gone. North Korea accounts for 76% of all 2026 crypto theft. BTC sits at $76K in Fear territory. The market has a security problem it keeps pretending is solved.Today's key developments:• Across 68 incidents so far in 2026, crypto hackers have pulled more than $1 billion in total theft - with DPRK-linked actors accumulating over $6 billion since 2017. The attack surface keeps widening: cross-chain bridges, MPC wallets, and restaking layers are the current vectors of choice.• Meta just launched USDC stablecoin payouts for creators on Solana and Polygon via Stripe. Separately, AllU...

Paul Tudor Jones just called Bitcoin the strongest inflation hedge alive. BTC sits at $76K, barely down on the day. Fear & Greed sits at 29 in Fear territory. The legend is buying what the crowd is selling.Today's key developments:• Paul Tudor Jones publicly called Bitcoin the strongest inflation hedge available. A statement that lands differently when it comes from someone who manages billions and has been right about macro calls before.• Standard Chartered dropped a report saying DeFi is "bent, not broken" after a $292 million hack and argues the sector is still on track for a $2 tril...

Bitcoin ETFs snapped a 9-day inflow streak. BTC sits at $76K, down 2%. FOMC looms. Macro just called the bulls' bluff.Today's key developments:• Jack Dorsey's Block now holds nearly 9,000 BTC after adding to its treasury in Q1, disclosing $2.2 billion in holdings via proof-of-reserves.• Israel approved its first regulated stablecoin, a digital shekel, marking a significant shift in sovereign digital currency strategy.• BitMine is accumulating ETH at a pace that's catching up to Strategy's Bitcoin accumulation rate, positioning itself as an Ethereum treasury company.📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bitcoin...

Crypto ETFs just hit their highest AUM since February. $933 million flowed in a single day. Meme tokens up 31% in 7 days. BTC sits at $77K — calm while everything else runs.Today's key developments:• $933 million flowed into crypto ETFs in a single day — pushing total AUM to the highest level since February, extending a four-week inflow streak.• BTC reclaimed its 21-week trend line for the first time since October 2025 — a technical level that previously marked the boundary between bull and bear regimes.• Meme tokens are up 31% in 7 days. Rollups up 26%. Analytics tokens up 24%. Meanwhile BTC dominance sits at 58% — bar...

BlackRock's Bitcoin ETF just hit a milestone that didn't exist 18 months ago. Meme tokens are up 35% in 7 days. Rollups up 31%. BTC sits at $78K — barely moving while everything around it runs.Today's key developments:• BlackRock's Bitcoin ETF just crossed a milestone that proves crypto went mainstream — and Coinbase is positioning itself as the only full-service prime broker that can actually serve the institutions showing up.• The CFTC sued New York to block a state crackdown on prediction markets. 38 attorneys general backed Massachusetts in the Kalshi case. And Brazil just banned Polymarket, Kalshi, and every other prediction platform...