Ether keeps reshaping desk risk limits

Attention jumps quickly; capital moves more slowly.

Stay close to what users and balance sheets are actually doing.

Put beside current chatter on “Russia finalizes crypto trading rules ahead of Nov. 17 rollout,” the incentive problem looks clearer.

Attention jumps quickly; capital moves more slowly.

Mapping Bitcoin against layer-2 networks is a simple way to stress-test a thesis.

Builders and treasuries should track Bitcoin even when social feeds obsess over layer-2 networks.

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