OVERVIEW

Monday’s Market Mood: Meh 🤷 

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

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

NEWS IN THREE SENTENCES
Crypto News 📰

✴️ Standard Chartered Backtracks on Ether

The bank slashed its 2025 $ETH.X ( ▼ 1.42% ) target from $10K down to $4K, blaming layer-2 “super-profits” for siphoning value away from Ethereum’s mainnet. Its analyst even floated the idea of taxing Base and other L2s, like that’s going to happen. Meanwhile, ETH keeps losing ground to BTC, leaving Standard Chartered to wonder if Ethereum gave away too much for scaling’s sake. The Block.

♟️ Kraken’s High-Frequency Free-For-All

Kraken’s rolling out colocation services in London, letting traders chase sub-millisecond order execution. Unlike traditional exchanges that reserve these perks for institutions, Kraken is opening the gates to everyone. The rumor mill’s already buzzing about volatility spikes, but democratizing high-speed trading might just shake up the entire crypto scene. ecoinimist.

👀 Interpol Silent On LIBRA’s Hayden Davis

Despite reports swirling online, Interpol hasn’t slapped a Red Notice on LIBRA co-creator Hayden Davis. A few outraged critics claim Davis is behind shady token launches that crash spectacularly, but so far, official channels are quiet. Until an actual warrant shows up, the rumor mill will keep churning—and Davis remains free to conjure his next memecoin. Protos.

💸 Institutions Run For The Exits, $6.4B Gone

Crypto funds bled capital for the fifth week straight, hitting a total outflow of $6.4B. Bitcoin took the biggest beating, while $XRP.X ( ▲ 0.08% ) bizarrely pulled in more cash. It’s the worst streak since 2015, but with net inflows still positive for the year, some argue it’s a routine shakeout—and a chance for opportunists to buy the dip. Crypto-Economy.

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