Token Metrics Daily Pulse

Trump attacks banks blocking stablecoin yields — DA tokens defy the bleed as Fed rate cut odds collapse to 11.5%. Today's key developments: • U.S. President Donald Trump just publicly attacked the banking industry for trying to undermine the GENIUS stablecoin bill. • The Data Availability narrative is up +11.02% this week, hitting a $2.311b market cap while the rest of the market bleeds. • Aave V3...

Gaming tokens surged 63.8% this week. AI tokens fell 12.7%. Jack Dorsey is cutting 40% of Block's staff to pivot toward AI. The sector rotation is already underway. Today's key developments: • Polymarket bettors made over $1 million front-running a ZachXBT investigation before it went public. • The GameFi sector surged +63.8% this week while AI tokens dropped -12.7%. • Block Inc. (Square) is cutti...

Polymarket bettors just front-ran a blockchain detective. Block fired 40% of its staff. Bitcoin is stuck in a $9k range. The plumbing is changing faster than the price. Today's key developments: • At least 12 wallets made over $1 million betting on a ZachXBT investigation on Polymarket before the findings went public. • Block Inc. (Square) is cutting 40% of its staff while the OCC proposes new lim...

Bitcoin is stuck at $67k. Gaming tokens ripped 55%. But the real story? Miners are becoming AI companies. The rotation isn't just between tokens anymore — it's between industries. Today's key developments: • Bitcoin miner MARA jumped 17% after signing a deal to convert facilities into AI data centers. • Magic Eden is shutting down its Bitcoin and EVM marketplaces to focus entirely on Solana. • Bit...

MARA reported a $1.7B loss and the stock jumped 15%. Jack Dorsey slashed 40% of Block's staff. The pivot to AI is eating crypto infrastructure alive. Today's key developments: • Bitcoin miner MARA posted a $1.7 billion loss... and the stock ripped 15%. • The U.S. OCC just proposed 'GENIUS' rules that could cap stablecoin rewards. • Magic Eden is shutting down its Bitcoin and EVM deployments to foc...

Bitcoin ETFs just posted $506M in inflows — the highest in three weeks. Nvidia smashed earnings. Yet Vitalik sold $35M of ETH. Smart money is buying; the founder is selling. Today's key developments: • Bitcoin ETFs just inhaled $506M — the biggest single-day intake in three weeks. • Uniswap's 'fee switch' isn't a meme anymore — it's a potential $27M revenue engine. • The OCC just dropped the 'GENI...

Vitalik Buterin sold 17,000 ETH this month. Tether supply is shrinking for the second month in a row. Prices bounced, but the liquidity engine is sputtering. Divergence is the word of the day. Today's key developments: • Vitalik Buterin sold 17,000 ETH in February as the price dropped 37%. • Tether (USDT) market cap is on track for its second straight monthly decline. • Anchorage Digital — a feder...

Stripe hit a $159B valuation as stablecoin volume quadrupled. Meanwhile, Bitcoin U.S. demand has been negative for 40 days. The rails are growing; the prices are sleeping. Today's key developments: • Stripe's valuation jumped to $159B as its stablecoin bridge volume quadrupled. • Kraken launched 24/7 perpetuals trading for tokenized U.S. stocks with 20x leverage. • The Ethereum Foundation is staki...

$500M in liquidations. BTC touched $64,270 overnight. Hodlers reportedly capitulating at $65K. Binance BTC balances at highest since Nov 2024. Someone's loading up while everyone else panics. Today's key developments: • Bitcoin's overnight flash crash to $64,270 triggered $500M in liquidations before a sharp bounce back to $66,300. • Bitcoin balances on Binance hit their highest level since Novemb...

BTC whale exchange ratio hits 0.64, highest since 2015. ETFs post five straight weeks of outflows. "Bitcoin to zero" searches hit a U.S. record. Miner Bitdeer just sold every last sat. Today's key developments: • CryptoQuant's exchange whale ratio hit 0.64, the highest level since 2015, as BTC ETFs post five consecutive weeks of outflows totaling roughly $316M in the latest week alone. • Bitcoin m...

$3.8B in ETF outflows over five weeks. Small wallets up 2.5% since October. Whales trimmed 0.8%. Retail is buying what institutions are selling. Today's key developments: • Spot Bitcoin ETFs have now bled for five consecutive weeks, totaling $3.8B in net outflows. Meanwhile, small wallets increased BTC holdings by 2.5% since October's all-time high while large holders trimmed 0.8%. • The SEC quiet...

ETF outflows hit $4B in five weeks. Mining difficulty jumped 15%. Bitcoin sits at $67,526. Miners are more bullish than markets. Today's key developments: • $4B in Bitcoin ETF outflows over five weeks. Another $166M walked out the door yesterday. • Bitcoin mining difficulty spiked 15% to 144.4T, the largest increase since 2021. Hashrate rebounded to 1 ZH/s. • Options markets still pricing panic pr...

BTC ETFs bled $133M. Fear & Greed screams Extreme Fear. And the $40K put is now Bitcoin's second-largest options position. Meanwhile, Base just dumped the OP Stack. Someone's rewriting the L2 map. Today's key developments: • Bitcoin's $40,000 put is now the second-largest options position ahead of next week's February expiry. ETFs bled $133M while sentiment sits in Extreme Fear. • Coinbase is aban...

Peter Thiel sold 100% of his ETHZilla stake. BTC ETFs bled $105M. Nine of ten narratives are red. Only Prediction Markets are up. Today's key developments: • Peter Thiel's Founders Fund dumped every single share of ETHZilla, the Ethereum treasury firm, per SEC filings. Zero shares remaining. • Bitcoin ETFs logged $105M in net outflows, but a mystery buyer showed up in IBIT (BlackRock's fund) going...

BTC long-term holders showing strain. $54K flagged as next support. Only 1 narrative in the green this week: Prediction Markets. Today's key developments: • Bitcoin's long-term holders are showing weakening accumulation, with on-chain data pointing to $54,000 as the next support if $65,000 breaks. • Ethereum's tokenized RWA market topped $17 billion, up nearly 315% year over year, even as the RWA...

Bitcoin at $68,160. Weekly RSI echoing mid-2022. Harvard trimmed BTC 20%, added ETH. Every narrative except RWA is bleeding red. Today's key developments: • Bitcoin's weekly RSI is echoing mid-2022 bear market levels as ETF outflows and crowded shorts leave the market primed for a volatility event. • Harvard cut its Bitcoin ETF position by 20% and opened a new Ethereum position in its Q4 filing. •...

Bitcoin clawed back to $70K after an $8.7B wipeout. Fear & Greed screams extreme fear. Wall Street's still buying while offshore retreats. Someone's reading this wrong. Today's key developments: • Wall Street keeps buying Bitcoin futures while offshore traders on Deribit pull back. The CME-Deribit basis gap is widening, showing a clear regional split in risk appetite. • Elon Musk's X will launch i...