"You can't just go from experiments to experiments anymore."
Bitcoin and Ethereum now capture 70% of crypto fees while altcoins bleed.
That fee gap typically drains altcoin liquidity for weeks, pushing retail money straight into BTC and ETH ETFs.
(via @theempirepod)
"It's a bull market if you're in prediction markets, it's a bull market if you're in perps, it's a bull market if you're in stablecoins."
From Ryan Watkins, a guest on Empire:
Bitcoin is flat while billions flow into perpetual futures and stablecoins.
Majors and altcoins typically lag while liquidity stays trapped in those markets until spot demand returns.
(via @theempirepod)
"Leverage offshore, you see 250X, sometimes beyond that even."
Offshore crypto leverage hits 250X, which is exactly why Bitcoin ETF buyers stay on the sidelines.
When that leverage unwinds, it drains stablecoin liquidity and triggers the crashes that keep institutions out.
(via @ChairmanSelig)
"If I lay that to where we think Bitcoin fair value should be, which is around $250k, the 2021 high average would get you to $22k Ethereum."
AI needs $22k ETH to pay for real network compute.
That $22k target only works if gas fees and staking yields climb together, which typically pulls institutional capital into ETH first.
(via @CoinDesk)
Joseph Chalom, a guest on The Rollup, says:
$50B in tokenized real-world assets is quietly moving onto Ethereum.
This steady flow could pull institutional capital into ETH staking, changing how long-term holders view the network.
"I think people don't understand that we're at a step function moment."
(via @therollupco)
"What's unique here is that if you use unrealized capital gains to pay a credit dividend, the dividend becomes tax-deferred."
From Michael Saylor, a guest on CoinDesk:
Bitcoin just became collateral for tax-deferred income, and wealth managers are ditching speculation for steady yield.
This shifts BTC from a speculative trade into a credit layer, pulling institutional capital into long-term yield.
(via @CoinDesk)
Token Metrics signals show increasing institutional interest in DeFi credit protocols. Watch for major bank partnerships to be announced within the next 3-6 months as Morpho deploys its infrastructure.