In this episode of the Fere AI Morning Alpha Show, we decode $248M in liquidations, the GENIUS Act's ripple effect, and TradFi’s accelerating crawl-walk-run strategy into DeFi.
Markets saw sharp volatility — nearly $100M liquidated in an hour, mostly longs, as BTC swung between $100K and $110K. ETH saw a wave of whale buys, including 15,000 ETH scooped up in a single wallet. Fear & Greed settled at a neutral 52, and BTC dominance hovered near 62%.
Regulation made headlines: the U.S. Senate passed the GENIUS Act, bringing 1:1 backing, audits, and disclosures to stablecoins. JD.com is going global with license applications, and Thailand granted tax exemptions on crypto until 2029. Meanwhile, Coinbase is inching toward tokenized equities.
TradFi inflows remain solid — Bitcoin ETFs pulled in $216M, ETH ETFs added $11M, and VanEck’s spot SOL ETF appeared on DTCC’s active list, signaling potential approval. JPMorgan launched a USD deposit token (JPMD) on Base, marking a major moment for public blockchain adoption by banks.
On the project front: EigenLayer unveiled EigenCloud, backed by $70M from a16z, Hyperlane’s MCP lets AI agents talk across chains, and Namada's mainnet went live. Also in focus: Fileverse’s decentralized docs, Aptos’ Upbit return, and Nansen's new points system.
Security-wise, Iran’s largest exchange Nobitex lost $81M in a politically motivated hack. Tether’s wallet-freezing powers came back into the spotlight, raising both praise and decentralization concerns.
In Degenland: DAOBase’s $BEE sale is live, Hana’s TikTok-style crypto launch is turning heads, and Solana meme plays like $ASMR and $YEE are popping off. Plus, AgenFi AI debuts as a DeFi analytics tool powered by autonomous agents.
TradFi isn’t just knocking anymore — it’s moving in. With stablecoins, tokenization, and regulated rails now forming, DeFi’s next chapter might be TradFi-assisted.