The market dipped. The institutions kept buying.

Strive just scooped up another $185M in Bitcoin like it was on clearance.

Meanwhile, legacy brokerages are racing to offer crypto around the clock.

Here’s what’s driving our headlines today.

Coinbase Ventures buys ENA and strikes major partnership

Coinbase Ventures bought ENA tokens directly on the open market, not through a private deal.

The move deepens Coinbase's integration with Ethena's USDe stablecoin, which now has roughly $5B in supply.

ENA jumped 15% on the news, hitting $0.96.

When exchanges start buying the tokens they list, the line between platform and investor gets blurry fast.

Get the full story →

Markets

TradFi keeps building while prices take a breather

Schwab now offers round-the-clock futures trading on Bitcoin, Ether, Solana, and XRP.

The firm managing $12.6T in assets is also eyeing spot crypto custody for advisors by mid-2027.

Look, prices pulled back across the board. But the infrastructure buildout didn't pause.

BTC slipped below $68K, ETH traded near $1,900, and SOL drifted toward $76.

Keep reading →

Strive drops $185M on 2,500 more Bitcoin, now holds 19,000 BTC

Strive just added 2,500 BTC to its corporate treasury in a single purchase.

The firm now holds 19,000 Bitcoin, making it one of the largest corporate holders in the world.

While BTC trades down nearly 6% this week, corporate buyers are treating the dip like a shopping spree.

Read the full breakdown →

Fed's Hammack, Mt. Gox moves and ETF outflows pile on bearish pressure

Bitcoin's struggle continues as Fed's Hammack says the central bank may need to act soon on inflation.

Spot Bitcoin ETFs have now bled for 11 consecutive days, with $484 million leaving in the latest session.

When Mt. Gox moves $731 million in Bitcoin and BlackRock shifts $427 million to Coinbase Prime on the same day, the market notices.

Access the report →

On Our Radar

Crypto OTC desks in 2026: From execution venue to credit provider.*

Tokenized funds go mainstream: Franklin Templeton teams up with MoonPay.

Stablecoin shuffle: MoneyGram launches its own MGUSD token on Stellar.

_*sponsored

ICYMI

Meme of the Day

Catch you in the next one.

Vi