π΅οΈ 4 FOMC dissents. Last time was October 1992.
Fed Funds held at 3.50β3.75%.
Vote: 8-4. Three dissenters wanted the easing bias removed β they're not keen on cutting.
Powell stays on the Board past Trump pressure.
Stack the macro:
Crypto F&G: 33 (Fear)
$BTC-DXY 30d correlation: -0.90 (deepest since 2022)
10Y yield: 4.36% / DXY: 98.60
A Fed split, washed sentiment, and a 4-year extreme in dollar inverse β these three rarely line up at the same time. #macro link
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Fed Funds held at 3.50β3.75%.
Vote: 8-4. Three dissenters wanted the easing bias removed β they're not keen on cutting.
Powell stays on the Board past Trump pressure.
Stack the macro:
Crypto F&G: 33 (Fear)
$BTC-DXY 30d correlation: -0.90 (deepest since 2022)
10Y yield: 4.36% / DXY: 98.60
A Fed split, washed sentiment, and a 4-year extreme in dollar inverse β these three rarely line up at the same time. #macro link
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πΊπΈπ USA - GDP (1Q 2026 - est) = +2% Q/Q (EXP +2.2% / PREV +0.5%) #macro
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Free Academy & VIP Access
πΊπΈπ #macro USA
- Initial Jobless Claims = 189K (exp 213K / prev 214K)
- Continuing Jobless Claims = 1.785M (exp 1.820M / prev 1.821M)
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- Initial Jobless Claims = 189K (exp 213K / prev 214K)
- Continuing Jobless Claims = 1.785M (exp 1.820M / prev 1.821M)
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πΊπΈπ§βπ» US Senator Cynthia Lummis announces that Bitcoin and crypto market structure legislation will be marked up "in May."
"We are gonna get it to the finish line." link
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"We are gonna get it to the finish line." link
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π©πͺπ $BTC and DXY haven't moved this opposite in 4 years.
30-day correlation: -0.90.
81% of recent $BTC short-term moves are tied to DXY shifts.
DXY: 98.6010
Y yield: 4.36%
US-Germany 10Y spread: 155bp
Historically, when this gets this extreme, it breaks one way β and the dollar usually leads the resolution.
Most CT charts $BTC. We chart what's pulling the strings.
Read your dollar before your bitcoin. link
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30-day correlation: -0.90.
81% of recent $BTC short-term moves are tied to DXY shifts.
DXY: 98.6010
Y yield: 4.36%
US-Germany 10Y spread: 155bp
Historically, when this gets this extreme, it breaks one way β and the dollar usually leads the resolution.
Most CT charts $BTC. We chart what's pulling the strings.
Read your dollar before your bitcoin. link
Free Academy & VIP Access
π§βπ» PayPal has announced a strategic reorganization of its business, making payment services and cryptocurrency one of the three core segments.
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π Update:
With the spot price trading at $75.7K, the key on-chain price models are as follows:
Active Investors Mean: $85.0K
STH Cost Basis: $78.9K
True Market Mean: $78.0K
---- Spot Price: $75.7K ----
Realized Price: $54.1K
glassno.de/3XDy2xe
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With the spot price trading at $75.7K, the key on-chain price models are as follows:
Active Investors Mean: $85.0K
STH Cost Basis: $78.9K
True Market Mean: $78.0K
---- Spot Price: $75.7K ----
Realized Price: $54.1K
glassno.de/3XDy2xe
Free Academy & VIP Access
π³ Apr 30 Update:
Bitcoin ETFs:
1D NetFlow: -1,725 $BTC (-$131.69M)
7D NetFlow: -3,797 $BTC (-$289.79M)
Ethereum ETFs:
1D NetFlow: -41,275 $ETH (-$93.41M)
7D NetFlow: -110,593 $ETH (-$250.27M)
Solana ETFs:
1D NetFlow: +1,465 $SOL (+$122K)
7D NetFlow: +81,911 $SOL (+$6.8M) link
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Bitcoin ETFs:
1D NetFlow: -1,725 $BTC (-$131.69M)
7D NetFlow: -3,797 $BTC (-$289.79M)
Ethereum ETFs:
1D NetFlow: -41,275 $ETH (-$93.41M)
7D NetFlow: -110,593 $ETH (-$250.27M)
Solana ETFs:
1D NetFlow: +1,465 $SOL (+$122K)
7D NetFlow: +81,911 $SOL (+$6.8M) link
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π΅οΈ #MEGA Bubblemaps: MEGA tokens were distributed among 8,360 addresses, with approximately 50% of addresses still holding all the tokens. About 40% of addresses have sold them completely, and around 10% of addresses have sold only a portion of the coins. link
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Free Academy & VIP Access
πΊπΈπ΅ 250,000,000 $USDC (249,973,000 USD) minted at USDC Treasury link
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Free Academy & VIP Access
π Google $GOOGL surpasses $4.5 trillion market cap, adding over $300 billion so far today.
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