Bitcoin Climbs, Whales are back, ETF inflows strong Bitcoin briefly rallied past $110K this week (later dipping back to $108k), with on-chain data pointing to renewed whale accumulation and clean technical breakouts. Analysts flagged both RSI and MACD signals aligning, reinforcing the sentiment that we may be entering the next leg of the cycle. In the same vein, Bitcoin ETFs recorded $600M+ in inflows this week, marking the strongest institutional demand in over a month. While spot prices remained range-bound, the inflow trend shows that allocators are still treating BTC as a long-term macro hedge. (CoinDesk) (Decrypt)

📉 Trump’s Tariff Threat Spooks Altcoins But not all crypto was created equal. As Trump revived tariff rhetoric with the passing of his “Big, Beautiful Bill,” altcoins like XRP, DOGE, and SOL slumped 6-10%. Unlike BTC, which has broader institutional backing, altcoins remain more vulnerable to headline risk and sentiment shifts. The rotation back into majors may not be over. (Decrypt)

📉 Recession Fears Drop as Trade Tensions Ease Polymarket, the weird and wonderful oracle of just about anything, now prices U.S. recession odds at just 22%, down from earlier highs amid softening trade narratives. The market seems to believe that Trump’s tariff threats are more bark than bite, at least for now. That easing macro pressure gave risk assets, including crypto, a bit more room to breathe. (CoinDesk)

📈 Tokenized Stocks: Innovation or Next Regulatory Headache? Equities, but make it on-chain. Tokenized stocks are gaining traction as a way to bring 24/7, programmable trading to traditional equities. But critics warn that this market, currently a grey zone, may attract liquidity mismatches, user confusion, and regulatory heat. The tech works, but the question of whether compliance and consumer protection can catch up fast enough still remains. (Blockworks)

🧯 Robinhood Criticized for Tokenized Stock Listings Speaking of tokenized equities… Robinhood is under fire for launching tokenized stocks without clearly communicating what users are actually buying. Confusion over ownership rights and settlement mechanics prompted backlash from regulators and retail advocates alike. Surprise-surprise - tokenizing finance doesn’t excuse poor disclosure. (Decrypt)

📉 Solana ETF Rally Fizzles After Brief Pop The darling of alt coins, Solana, saw a sharp uptick following spot ETF speculation, but the rally faded almost as quickly as it started. Short-term traders took profits, and flows cooled, reminding the market that ETF momentum alone isn’t a long-term thesis. For SOL, just as any other coins that will endure, the lasting upside will come from adoption and fundamentals, not just hype. (Blockworks)

⚖️ Crypto Tax Proposal Gets a Second Chance Let’s talk about tax baaaaby… After being dropped from Trump’s budget bill, a new crypto tax deferral proposal is being revived as standalone legislation. Senator Cynthia Lummis introduced legislation to exempt low-value crypto transactions from capital gains tax, as well as delay tax events for certain DeFi and staking activities, giving investors more breathing room. It’s unlikely to pass in its current form but it marks a shift toward more nuanced, use-case-specific policy. (Decrypt)