In this episode of the Fere AI Morning Alpha Show, we break down massive institutional moves, stablecoin infrastructure upgrades, and the growing convergence of TradFi, DeFi, and AI.

Bitcoin rallied past $106K after Pompliano’s ProCap fund dropped $514M for nearly 5,000 BTC, triggering short liquidations and a surge in market confidence. BlackRock quietly accumulated ETH, while ETFs saw their 10th straight week of inflows — with $1.37B into BTC and $141M into ETH.

On the regulatory front: the Bank for International Settlements (BIS) called stablecoins “unsound,” even as Coinbase secured its MiCA license in Luxembourg and South Korea’s banks launched a won-based stablecoin pilot. In the U.S., a crypto-mortgage crossover is under review — TradFi rails are mutating fast.

Chainlink x Mastercard was the biggest integration bombshell — enabling 3B+ cardholders to swap crypto on-chain using Uniswap + XSwap infra. Codex chain went live for stablecoins, Gauntlet dropped a new yield vault, and Drift Protocol debuted 101x BTC perps with zero fees. Wild west, but upgraded.

In Degenland: Humanity Protocol’s token $H launched, AltLayer unlocked $6.9M, and new plays like $LIQD, $REBO, $TECH are building momentum across Hyper EVM and Solana. Oh — and CBOE filed for a “Canary Pengu” ETF. Yes, that’s a memecoin–NFT ETF. Welcome to the timeline.

Markets may look stable, but beneath the surface it’s all whales, rails, and alpha storms.