TDLR - Daily Market Report #641

Prediction markets crossed $1B on Super Bowl weekend. China may replace its crypto ban with a state controlled RWA framework while reducing US Treasury exposure. Gold back at $5K, silver at $80.

Sentiment is extreme fear. Total crypto cap at $2.37T. Coinbase premium returned, usually a sign of US buyers stepping in.

$BTC $69.7K. ETF inflows $145M. Mining difficulty down 11%. Trading below production cost. Binance accumulating. Someone sent BTC to Satoshi’s genesis address.

$ETH $2,080. Exchange supply at a 10 year low. Vitalik pushing ETH backed stablecoins and criticizing USDC based DeFi. ETH ETFs saw outflows.

Majors: $XRP $1.45. $BNB $640 with USD1 concentration risk. $SOL $86 with low activity. $DOGE $0.096. $ADA $0.27.

Oracles and privacy lagging. $LINK $8.9. $PYTH quiet. $XMR $335. $ZEC $237.

Stablecoin regulation likely this month. AI, NFTs, and infra shipping despite drawdowns. China and US flows remain the key variable.

Extreme fear. Nothing feels good. That is usually when it matters most to add money.