OVERVIEW

Crypto Is AFK Until Wednesday

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

News In Three Sentences
Bitcoin, Ethereum, And Solana News 🪙 

🐋 Ethereum Whale Scores $37.6M Payday After 8.5-Year Hold

One lucky early $ETH investor just cashed in 350 ETH at $2,340 each, bringing home a cool $37.6 million. The whale bought 16,636 ETH back in 2016 for just $87k—talk about diamond hands. CoinPedia.

💼 Wall Street’s Crypto Custody Grab

With crypto’s market cap hitting $2.09 trillion, Wall Street sharks are circling the waters, jumping into crypto custody services like it’s the next gold rush. Handling crypto comes with a 10x higher price tag, thanks to hackers lurking in every corner. Even with regulators breathing down their necks, JPMorgan ($JPM) and Goldman Sachs ($GS) are going all in, lured by $56 billion now parked in Bitcoin and Ethereum ETFs. TheCoinRepublic.

💡 Arthur Hayes: Aptos Is TradFi's New Savior, Could Flip Solana 

BitMEX founder Arthur Hayes says Aptos ($APT) is the answer to all of TradFi’s inefficiencies. Speaking at the Aptos Experience in Seoul, Hayes claimed Aptos-powered DEXs could bring 24/7 trading and instant settlement, cutting out all the deadweight middlemen like brokers and custodians—sorry, BlackRock. He also threw in a hot take that Aptos might knock $SOL off its layer-1 throne in the next 1-3 years. DailyHODL.

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