Institutions Are Going All-In

DAILY MARKET OVERVIEW

Institutions Lead

👋 Hey, Crypto Enthusiasts! While retail traders debate whether this is the calm before a storm or a new floor, institutions are quietly making some of the biggest moves we've seen all cycle.

🛋️ Bitcoin is treating $100K like a comfortable couch it doesn't want to leave.

The market remains resilient. Bitcoin briefly dipped to the $100K mark yesterday evening, but the move was well within expectations and hasn’t rattled bulls. Alts followed BTC’s slip but have already recovered, signaling healthy underlying sentiment.

Inflation Cools, Confidence Builds

This week’s CPI report came in cooler than expected, signaling that inflation is continuing to trend downward. For risk assets like crypto, this is a crucial development. Lower inflation reduces pressure on the Federal Reserve to maintain restrictive monetary policy, and that’s helping boost investor sentiment across markets.

At the same time, ETF demand is showing signs of slowing. Bitcoin ETFs only received $5 million in inflows yesterday, while Ethereum ETFs saw $17 million in outflows. Though this could be seen as worrying, institutional participation is still moving strongly.

Nakamoto Holdings Enters the Bitcoin Arena

In a move that’s further boosting the Bitcoin treasury narrative, a new heavyweight has emerged: Nakamoto Holdings, led by Bitcoin Magazine CEO and Trump crypto advisor David Bailey.

The firm was launched through a merger with healthcare company KindlyMD and raised an astonishing $710 million in capital. The vision is clear to build a company that mirrors MicroStrategy’s Bitcoin-focused strategy, but at a potentially larger scale.

Backed by over 200 investors, including VanEck, ParaFi Capital, Adam Back, Arrington Capital, and Balaji Srinivasan, Nakamoto Holdings is signaling that institutional confidence in Bitcoin isn’t just growing, it’s accelerating.

Following the announcement, KindlyMD’s stock (KDLY) surged by 650%, showing just how much enthusiasm exists for publicly traded entities that embrace Bitcoin as a reserve asset. Notably, the company will continue its healthcare operations, blending a traditional business model with a Bitcoin-centric financial structure.

Institutions Double Down on Crypto

In other signs of maturing market adoption, major firms are making aggressive moves into the space.

• Coinbase (COIN) is set to become the first crypto-native company included in the S&P 500, replacing Discover Financial on May 19. Analysts project this could drive $9 billion in passive inflows from index funds.
  

• Robinhood has announced its acquisition of Canadian crypto platform WonderFi for C$250 million (US$179 million), marking its second major international crypto expansion in under a year.
  

• Dubai’s Department of Finance has signed an agreement with Crypto.com that will allow residents to pay government fees using cryptocurrency. This sets a new precedent for public-sector blockchain integration.

A Cycle Defined by Institutions and Infrastructure

Crypto is no longer operating on hype alone. This cycle is increasingly being driven by institutional capital, real-world utility, and global policy shifts that validate crypto’s long-term role in finance and technology.

We expect Bitcoin to continue consolidating for now, with the potential for short-term upside before a deeper correction. But the bigger picture is clear: adoption is accelerating at every level, and the foundation being built today could support far greater growth ahead.

THIS NEWSLETTER IS BROUGHT TO YOU BY:
OPENWALLET

Next-level security for your digital assets

Experience top security with Open Wallet. Your wallet blends user-friendliness with strong security.

SOCIAL SENTIMENT

Internet Capital Markets: The Next Big Narrative?

With major coins consolidating and meme fatigue setting in, crypto natives are hunting for the next investable narrative. Enter Internet Capital Markets, the trend that's turning every idea into a potential investment opportunity.

🔍 The Core Concept 

Imagine if every startup, creator, brand, or even tweet could instantly become an investable asset. That's Internet Capital Markets in a nutshell. It's tokenizing early-stage ideas and letting the internet collectively fund, support, and speculate on them.

This isn't your typical crowdfunding. It's instant, global, and tradeable. No accredited investor requirements, no geographic restrictions, just pure internet-native capital formation.

⚙️ How It Actually Works Platforms like Believe (formerly Clout) and tools on Base and Solana are pioneering this space. Here's the process:

1. Creator has an idea (product, service, community)

2. Launches a token tied to that idea

3. Community can buy, trade, and support immediately

4. Token value reflects market sentiment about the project

Real examples already generating revenue:

• DUP: A sourcing tool for product creators

• Creator Buddy: AI-powered content assistant

They have actual users and income streams, making them fundamentally different from meme coins.

🚀 Why Now? Several factors are converging to make this trend possible:

• AI reducing startup costs dramatically

• Improved crypto regulation in key markets

• Token issuance becoming trivially easy

• Traditional VC losing its monopoly on early-stage funding

The macro environment couldn't be better. As traditional funding tightens, alternative capital markets become more attractive. And crypto's infrastructure is finally mature enough to handle real business use cases.

Let's be clear: this space will be messy. For every legitimate project, there will be scams and failures. Due diligence becomes even more critical when anyone can launch a token in minutes.

But that's exactly why it's interesting. The messiness is a feature, not a bug. It represents true permissionless innovation, where the market decides what deserves funding, not a handful of VCs in Silicon Valley.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Robinhood to Acquire WonderFi in $179M All-Cash Deal
Robinhood is buying Canadian crypto platform WonderFi for $179 million, expanding its international crypto presence after Bitstamp.

Dubai Partners With Crypto.com to Enable Crypto Payments
Dubai’s finance department signed an MOU with Crypto.com to accept crypto payments for public services, boosting its $2.1B fintech push.

Curve Finance Hit by DNS Attack, Users Warned Off Main Site
Hackers compromised Curve Finance’s website in a DNS spoofing attack, though smart contracts and funds remain unaffected.

PumpSwap Launches Revenue Sharing for Token Creators
PumpSwap will share 50% of protocol revenue with token creators, sparking backlash over risks of abuse and rug-pull incentives.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

TraderXO – Crypto Market Review (13.05.2025 Summary)

🧭 Big Picture: Market is Still Bullish, But It’s Decision Time

• Bitcoin has rallied hard off April’s lows near $76K to retest the $104K-$105K resistance zone.

• XO thinks the move has been strong, but the market now sits at a key inflection point.

• Pullback zones are likely next, with $97K and $91K being the most important support levels.

• He's not buying here; he’s waiting for cleaner setups from lower down.

🔍 Key Levels to Watch

⚙️ Strategy: Patience Over Prediction

• Not interested in long trades at resistance. He wants clean setups from deeper pullbacks.

• Two main trade plans:

  • Long at $97K or $91K if structure holds.

  • Hedge spot exposure and possibly short if $105K fails to break and price rolls over.

📈 Bitcoin Structure: Rangebound With Volatility

• XO sees current conditions as rangebound, not trending.

• Past examples (like summer 2024) show 3-drive patterns, base building, then expansions — followed by strong corrections.

• If this pattern repeats, a move back to the mid-range (97K) is highly probable.

📉 Equities and Correlation

• Major equity indices (S&P, Nasdaq, Nikkei) also at key levels.

• A pullback in equities could trigger Bitcoin to revisit $91K or lower.

• If indices hold or grind higher, BTC may just range or climb slowly.

🧠 Sentiment and Traps

• XO warns about long traps above $105K.

• Many shorted over the weekend; liquidations could push BTC to 108K temporarily before a reversal.

• But he’s not trading breakout longs unless structure proves it’s not a trap.

🪙 Altcoins: Big Opportunities Ahead

• XO sees altcoins as the real play, especially if BTC enters a sideways phase between 97K–106K.

• Favors AI coins, memecoins, and names like GOAT, ENA, SUI, Solana, and Ethereum.

• Watching for higher lows or deep retracements on strong names for accumulation.

🧠 Eth & ETH/BTC: Watch the Rotation

• Ethereum is at resistance, but ETH/BTC has bounced from key multi-year support.

• A stronger ETH/BTC ratio means alts may lead soon.

• If ETH/BTC keeps pushing higher, it signals capital rotating into altcoins.

🔄 Trader Mindset: Precision Over Noise

• XO doesn’t care for vague predictions like “BTC to 130K” or “drop to 80K.”

• He trades based on clear, defined levels and setups.

• Uses oscillators, moving averages, and structure — not just raw sentiment.

💼 Final Takeaway

TraderXO is cautiously optimistic:

• Bias: Bullish but not buying here — waiting for pullbacks.

• Focus: BTC ranges or pulls back → altcoins show relative strength → best setups appear.

• Primary targets: Accumulate at $97K or $91K BTC. Otherwise, wait.

• Alt strategy: Build positions slowly in structurally strong coins, especially if BTC corrects or consolidates.

Josh Olszewicz – Risk = On (13.05.2025 Summary)

🧭 Big Picture: Risk-On Remains the Theme... But It’s Slowing Down

• Crypto had a strong run since early April.

• Now we're likely entering a chop and consolidation phase.

• Josh sees no signs of major trouble, but also no high-conviction trade setups short term.

• Expect sideways action before another move — possibly in June.

🧨 Crypto Flows & Market Structure

• BTC still dominant in inflows, especially into US ETFs like IBIT.

• ETH saw slight outflows in the US, mild inflows globally.

• Most of the ETF flows are basis trades, not directional bets.

• Open interest rising, but nothing extreme.

📈 BTC Outlook

• Targets based on fibs: $138K–$160K eventually.

• Josh doesn’t expect all-time highs to break on first try.

• Now is about consolidating recent gains, not entering fresh longs.

🔍 Setup Watchlist (Few Clear Trades Right Now)

🧾 Macro View: Strong, but Under Watch

📆 This Week:

• Josh doesn’t think CPI or inflation are the Fed’s concern right now

🏦 Fed Focus = Jobs, Not Inflation

• Fed isn’t cutting unless unemployment spikes

• Current rate: 4.2% – still very low historically

• No cuts expected at June meeting unless job numbers worsen

🧮 Inflation & Liquidity

• TrueInflation remains low (~1.5%)

• CPI metrics might tick up slightly, but nothing alarming yet

• Liquidity is stable: reverse repo still has room (~$150B)

• GDP nowcast at 2% (Atlanta Fed) – not recessionary

📉 Bonds & Yields: Weak Technicals

• TLT, SHY, and other bond ETFs are breaking down

• Yields look ready to push higher

• Rising yields = headwind for risk assets eventually

💵 DXY & Rates

• Dollar reversed off lows — not great for BTC short term

• If DXY pushes above 105, risk assets may struggle

• But for now, DXY remains bearish-neutral

🏛️ Equities: Leading the Charge

• S&P 500 and Nasdaq: bullish setups, above the cloud

• VIX back below 20 – confirms risk-on tone

• Most US equity sectors are looking strong, including:

  • Tech (SMH, QQQ, NVDA)

  • Financials (XLF)

  • Utilities (XLU)

  • Transports (Lyft, Uber, Rivian)

🧠 Final Take

• Crypto isn’t breaking down — just cooling off after a hot run.

• No high-conviction long entries yet, but also no big reasons to panic.

• Watching SOL/BTC, Coinbase, mining stocks, and equities as guides.

• Biggest macro threat is still unemployment rising, not inflation.

CRYPTO MEMES