self-custody adoption is forcing a rethink of treasury policy

Positioning often matters more than the headline itself.
For operators, process beats prediction when the tape is noisy.
That debate sits next to today’s market focus around “What's Next for Crypto? Ripple Exec Shares Key Insights From BlackRock Discussion.”
If self-custody adoption deteriorates while developer activity looks fine, the tape often turns defensive first.
When miner behavior and Bitcoin disagree, sizing down beats inventing a clever story.
Desks that separate MEV dynamics from risk appetite tend to react less emotionally to noise.
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