The Brutalist Report

Coindesk

• Bitcoin and ether's sharp 'mechanical' breakouts liquidate nearly $700 million short positions [40d]
• Coinbase pulls support from crypto market structure bill [40d]
• More than half of all crypto tokens have failed — and most died in 2025 [40d]
• Figure joins stock tokenization race with new trading platform backed by BitGo, Jump [40d]