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<v Speaker 1>Hey, it's Alex with the Token Metrics Daily Pulse for

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<v Speaker 1>May seventeenth, twenty twenty six. Japan just opened the floodgates

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<v Speaker 1>for millions of new investors. Strategy just blinked on its

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<v Speaker 1>never sell promise, and while the charts look quiet, the

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<v Speaker 1>infrastructure layers are actually on fire. Let's get into it,

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<v Speaker 1>but first a quick word from our sponsor. Okay, So

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<v Speaker 1>here's what's happening. The big news out of Asia SBI

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<v Speaker 1>and Rakatin are launching crypto investment trusts for regular people.

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<v Speaker 1>Now More is right behind them. This means millions of

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<v Speaker 1>Japanese retail investors are about to get easy access to

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<v Speaker 1>crypto through their normal brokerage accounts. The takeaway is that

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<v Speaker 1>big finance isn't just coming, it's already moved in and

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<v Speaker 1>it's bringing the masses with it. Looking at the prices,

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<v Speaker 1>Bitcoin is hanging out around seventy eight thousand, basically flat.

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<v Speaker 1>Ethereum and Solana are up just a tiny bit less

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<v Speaker 1>than one percent. The total market is sitting at about

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<v Speaker 1>two point seven trillion dollars. Even though prices are steady,

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<v Speaker 1>the vibe is heavy. The Fear and Greed Index drop

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<v Speaker 1>to twenty seven. That's deep in the fear zone, which

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<v Speaker 1>means investors are feeling pretty nervous right now despite the

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<v Speaker 1>sideways trading. But here's where it gets interesting. The data

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<v Speaker 1>behind the scenes is telling a different story. Analytics tokens

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<v Speaker 1>jumped about one hundred and fifty percent this week, Digital

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<v Speaker 1>ida and data availability projects are up around forty percent.

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<v Speaker 1>These are the plumbing of the crypto world. Why this

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<v Speaker 1>matters is that even when people aren't trading the big coins,

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<v Speaker 1>the smart money is betting on the tools that make

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<v Speaker 1>the whole system work. There is one macro asset you

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<v Speaker 1>need to watch. Oil. It's up about four percent this week.

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<v Speaker 1>Why does oil matter for your crypto portfolio. Well, oil

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<v Speaker 1>is a massive signal for inflation. When it moves like this,

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<v Speaker 1>it usually means the market is worried about growth or supply,

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<v Speaker 1>which eventually hits interest rates and how much cash is

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<v Speaker 1>flowing into risky assets like bitcoin. This is the tip

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<v Speaker 1>of the ice ber. The full macro regime read is

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<v Speaker 1>in the monthly playbook fourteen days free at tokenmetrics dot com.

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<v Speaker 1>In the news, the Clarity Act just passed the major

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<v Speaker 1>Senate committee vote. This is a big step toward finally

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<v Speaker 1>having clear rules for what is a commodity and what

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<v Speaker 1>is a security. But don't pop the champagne yet. It

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<v Speaker 1>still has to face the full Senate, and there's a

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<v Speaker 1>lot of political fighting ahead over the fine print. Meanwhile,

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<v Speaker 1>Lombard Finance just moved to billion dollars in bitcoin assets

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<v Speaker 1>away from Layer zero over to chain Link. They're worried

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<v Speaker 1>about security, and when a billion dollars moves because of

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<v Speaker 1>safety concerns, other big players start asking questions too. Then

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<v Speaker 1>we have Strategy, the company formerly known as micro Strategy.

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<v Speaker 1>For the first time ever, they're talking about potentially selling

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<v Speaker 1>some bitcoin to buy back bonds. Michael Saylor's whole brand

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<v Speaker 1>was never sell so this shift in language is a

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<v Speaker 1>big deal. If they stop being the ultimate diamond hands example,

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<v Speaker 1>it could change how big institutions view the stock. Also,

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<v Speaker 1>Italy's biggest bank more than doubled its crypto holdings to

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<v Speaker 1>over two hundred million dollars last quarter, so the European

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<v Speaker 1>banks are definitely still buying the dip. All right, before

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<v Speaker 1>we get into the risks, quick word from our sponsor. Okay,

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<v Speaker 1>we're back. Let's talk about what to watch for. What

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<v Speaker 1>should you be watching out for first, that sticky fear.

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<v Speaker 1>When everyone is this nervous, even good news gets ignored. Second,

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<v Speaker 1>we're seeing money leave the layer two networks, the faster

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<v Speaker 1>lanes built on top of ethereum. If that money doesn't

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<v Speaker 1>move to other chains and just leaves the ecosystem, it's

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<v Speaker 1>a sign of a broader pullback. And finally, that strategy news.

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<v Speaker 1>If the market thinks the biggest bitcoin whale is getting

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<v Speaker 1>ready to sell, it could break the never sell narrative

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<v Speaker 1>that has supported the price for years. Keep an eye

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<v Speaker 1>on the next seven days for strategies bond buy back.

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<v Speaker 1>If they finish that without selling any bitcoin, the market

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<v Speaker 1>will probably breathe a sigh of relief. But if we

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<v Speaker 1>see them actually moving coins to fund it, expect some

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<v Speaker 1>volatility as big investors rethink their positions. If you've got

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<v Speaker 1>something out of this, send it to a friend who's

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<v Speaker 1>into crypto. That's the best way to support us. This

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<v Speaker 1>is educational content, not investment advice. Always do your own research.

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<v Speaker 1>I'm Alex, See you next time.