Happy Tuesday!

Bitcoin is holding steady around $95,000 as Bitcoin ETFs continue to see strong inflows: $591 million worth of BTC were bought on Monday.

Stablecoins are crypto’s next killer app after Bitcoin, according to tech investor guru Chamath Palihaptiya. Here’s why he foresees a stablecoin boom.

Plus, today’s market volatility creates the perfect environment for Matt Maley’s next big trade. With 35 years of Wall Street experience, Matt’s technical approach helps identify profit zones that others miss.

Get 7 days of free access to his trade alerts and turn market chaos into income opportunities today!

TOP STORY

Bitcoin Steady At $95,000 As US Bitcoin ETFs Record $591 Million Net Inflows

U.S. spot bitcoin ETFs recorded $591.3 million in net inflows on Monday, marking their seventh consecutive day of positive flows.

BlackRock’s Bitcoin ETF dominated the inflow activity, attracting $970.9 million in new investments while several competitors experienced outflows, according to data from SoSoValue.

The continued ETF demand comes as Bitcoin trades sideways around $95,000 on Tuesday.

Read the full scoop here.

SPECIAL STORY

Make Market Chaos Work for You—Get Matt Maley’s Trade Alerts Free

Today’s market volatility creates the perfect environment for Matt Maley’s next big trade. With 35 years of Wall Street experience, Matt’s technical approach helps identify profit zones that others miss.

Get 7 days of free access to his trade alerts and turn market chaos into income opportunities today!

QUICK N DIRTY

Dogecoin is up 9% on the week and could be gearing up for a stronger rally: what can we expect?

Shiba Inu hasn’t really been able to get going recently, but developments around its Shibarium layer-2 blockchain could prompt a new rally.

Peter Schiff has called out the TRUMP gala dinner for meme coin holders, saying that “Hunter Biden is already being outdone.”

FINTECH FOCUS

Chamath Palihapitiya Says Stablecoins Are Crypto's 'Second Killer App' After Bitcoin, As Volumes Surpass Visa

Tech investor Chamath Palihapitiya highlighted the rising dominance of stablecoins in the global financial system Tuesday, deeming them one of the hottest cryptocurrency narratives besides Bitcoin.

As part of his deep dive into the stablecoin market, Palihapitiya noted that stablecoins’ weekly transaction volumes have exceeded that of Visa Inc.

Palihapitiya outlined some key developments in the stablecoin market that influenced its growth trajectory. He mentioned Visa’s launch of the Visa Tokenized Asset Platform, Stripe’s stablecoin pilot, and Mastercard’s new features that allow consumers to spend stablecoins.

Read the full scoop here.

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