DefiBanked

Retail drove the old cycles. They are not driving this one. The chart shows a clean handoff from retail to TradFi, and now to sovereign treasuries. People keep expecting the same outcomes from a completely different set of buyers. The tailwinds are stacked. • Sovereign accumulation climbing • Exchange reserves falling • OTC liquidity shrinking • Bitcoin Act gaining momentum • Pension funds scaling exposure • ETF inflows steady Then Saylor casually drops another billion into Bitcoin without blinking. That is not retail emotion. That is strategic accumulation. Meanwhile JP Morgan fights the current, throws mud, and tries to slow the inevitable. They deserve a permanent spot on the boycott list. This time is different because the participants are different. The old cycle script is dead.

JUST IN: 🇺🇸 President Trump says "Bitcoin is very powerful." "So many people now want to pay you in crypto."

BREAKING: $10 TRILLION MORGAN STANLEY JUST ANNOUNCED IT WILL OFFER THE LOWEST FEES OF ALL #BITCOIN ETFs AT LAUNCH LOWER THAN BLACKROCK. LOWER THAN FIDELITY THEY WANT TO OWN THE BTC MARKET BUCKLE UP 🚀

SOON.

MICHAEL SAYLOR: "Soon every billionaire will buy a billion dollars of Bitcoin and the supply shock will be so great that we will stop measuring BTC in terms of fiat."

JUST IN: SOUTH KOREA’S BITPLANET JUST DOUBLED DOWN ON ITS PLAN TO BUY 10,000 MORE #BITCOIN THAT'S $700,000,000 IN BTC BUY DEMAND "WE WILL NOT SELL" MICHAEL SAYLOR'S STRATEGY GOING GLOBAL 🔥

📈RECESSION FEARS BUILD Goldman Sachs sees a 30% U.S. recession risk, with slowing growth, rising inflation (2.5%), and higher unemployment (4.6%). Despite markets pricing hikes, Goldman still expects rate cuts ahead if conditions weaken. Prediction markets are even more cautious—now pricing ~37% recession odds and rising. kalshi.com/markets/kxrecs…

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President Trump recently stated, “I’ve seen enough: the Senate is broken, and it’s time to change the rules.” This comment echoes his longstanding frustrations with Senate operations, particularly the filibuster and procedural hurdles that slow or block legislation and nominations.

🟥Things I’m looking at today🟥  Powered by @yeet Crypto sinks, Coinbase rejects Clarity Act, Whop offers 6% yield Crypto * BTC: 69.5k (-3%) | BTC.D: 58.4% (-0.1%) * ETH: 2,080 (-5%) | BNB: 630 (-3%) | SOL: 88 (-4%) * Fear & Greed: 31 | 24h Liq: $250M * Top Gainers: M, LEO, TRX, HTX * Crypto sinks as US-Iran deal seems less likely * Coinbase refuses to support new Clarity Act draft * Whop integrates with Tether to offer 6% yield * Morgan Stanley BTC ETF launch imminent * BitMine debuts ETH staking platform * Binance updates market-making rules * Visa takes on Canton Super Validator role * Franklin Templeton to offer tokenised ETFs * UK bans crypto political donations * Tokenisation to unlock $17b/yr for Australia: RBA * Singapore to test RLUSD trade settlements * South Korea saw $60b crypto outflow in H2 2025 * Bhutan offloads $37m BTC * Circle unfreezes 1 of 16 blacklisted wallets Macro & General * NASDAQ: $21.9k (+1%) | Gold: $4,440 (-2%) * Futures falls as Iran appears to reject deal * Trump to ‘unleash hell’ if no deal * US looking at different invasion options * Russia sending drones to Iran * Trump-Xi summit set for May 14-15 * US mortgage rates hit 5-month high * Australia’s fuel crisis worsens * US Postal Service adds fuel surcharge * Meta, Google lose landmark addiction trial Left Curve Corner * Hot coins: PRL, VEREM, KAT * Walrus launches new memory layer for AI agents * Tradexyz hints at large new product launch @YEET: Crypto’s Casino Just passed $1.9B in lifetime volume! gm

Jupiter is at the @nyse. Two exchanges, one mission: bring everything onchain. @xxjzhu explains how Jupiter Global connects crypto to the real world.

BRAZIL HAS JUST PASSED A LAW THAT TURNS ALL SEIZED CRYPTO ASSETS INTO PUBLIC SECURITY FUNDING!

🚨JUST IN: SAYLOR'S STRATEGY ACCOUNTED FOR 98% OF CORPORATE $BTC PURCHASES LAST MONTH, BUYING 45,000 $BTC VS 1,000 BY ALL OTHER TREASURY COMPANIES

BREAKING: 🇺🇸 $4 trillion Federal National Mortgage Association to accept bitcoin-backed mortgages for the first time — WSJ 🚀

What happens to bitcoin in a quantum world? @ARKInvest and @unchained just released a new research report exploring one of bitcoin’s most important long-term questions. Download your copy ⤵️

💥BIG THE WHITE HOUSE COMPLETES REVIEW OF PROPOSAL TO EXPAND ACCESS TO DIGITAL ASSETS IN 401(K) RETIREMENT PLANS IT WILL NOW HIT THE DEPARTMENT OF LABOR'S DESK TO PUBLISH

🇺🇸 LATEST: Senator Cynthia Lummis says bipartisan compromise needed for Clarity Act to pass, working to protect stablecoin rewards and prevent community bank deposit flight. “We can't wait until 2030 for another chance.”

JUST IN: $60 BILLION COINBASE JUST CONFIRMED LIVE ON FOX #BITCOIN IS OUTPERFORMING EVERY ASSET AS GEOPOLITICAL TENSIONS RISE BTC IS "UP 25% OVER GOLD. UP 10% OVER THE S&P 500" MASSIVE ROTATION JUST BEGINNING 🚀

RT @SimplyBitcoin: Iran war is threatening US dollar dominance, pushing countries to use Chinese yuan in oil trade - Deutsche Bank https:/…

@circle @FastCompany How come Circle froze the USDC balance of 16 unrelated hot wallets late yesterday for a civil case? A basic review of onchain activity makes it obvious they are operational wallets. You fail to protect users during actual incidents yet respond to a request riddled with errors…

@austincampbell Rather amazing you think there’s a legal basis to freeze 16 hot wallets of completely unrelated businesses (payment processor, casinos, forex, Dfinity bridge, registered exchange, etc) impacting tens of thousands of innocent users for a US civil case.