According to the scribes who track these newfangled markets, the sector lassoed a total daily net inflow of $131.30 million. That’s right, the big boys are back in town, and they’re betting on the ol’ reliable-Bitcoin. Seems like the institutional types have gotten the itch again, and they’re scratching it with cryptocurrency.
Consider, if you will, the humble Cardano, with its mere 2,900 validators, or Algorand, trailing behind with 1,600. And poor Solana, once hailed as the swift stallion of the blockchain races, now limps along with a paltry 767. One cannot help but chuckle at the irony of it all.
Executive Chairman Michael Saylor highlighted the surge in liquidity in a post on X.
This new effort follows comments made by Trump in a CBS News interview Monday, where he stated he’d like to temporarily suspend the federal gas tax.
The hearing began with Committee Chair Tim Scott explaining the bill as a way to protect consumers, encourage the growth of cryptocurrency within the US, and protect national security related to digital assets. Senator Warren disagreed, arguing the bill was created by and for the cryptocurrency industry, and suggested Republicans were intentionally trying to benefit former President Trump’s crypto ventures. She stated that no part of the bill was included without the approval of the crypto industry itself.
From the ashes of $78,800, Bitcoin rises anew, breaking through the chains of $79,500 and $80,200 with the grace of a circus acrobat. The bulls, ever optimistic, push it past $80,500, shattering the bearish trend line at $80,650. A peak of $82,017 is reached, but then-consolidation. A minor dip below the 23.6% Fib retracement level, a mere hiccup in its grand symphony.
On May 11th, a post on X from an analyst known as Bee suggested Bitcoin is close to hitting its lowest point in the current market cycle. They shared a video analyzing charts and past trends to back up their prediction that the price of Bitcoin will likely fall further.
Now, the T3 Financial Crime Unit-a brainchild of Tether, TRON, and those blockchain sleuths at TRM Labs-has frozen over $450 million in assets they say are tied to criminal activity. Tether’s CEO, Paolo Ardoino, chimed in on Thursday, saying this is just the tip of the iceberg. Well, shucks, let’s hope they’ve got a big ol’ icebreaker ready.
A new leadership team is taking charge as the market for tokenizing real-world assets (RWAs) exceeded $12 billion in March 2026. Experts also suggest that Chainlink (LINK) is poised for significant growth, potentially increasing by over 170%.
