Crypto markets faced a mix of structural, market, and policy-related developments on the day.
Summary
- Michael Ippolito said rising token supply diluted returns as average coin values lagged market cap.
- Michael Saylor said Bitcoin price now follows capital flows, not the old four-year halving cycle.
- Polymarket removed a market on a missing US service member after backlash over integrity standards.
New comments from industry figures focused on token oversupply, Bitcoin’s changing market cycle, and a backlash that led Polymarket to remove a sensitive prediction market.
Michael Ippolito, co-founder of Blockworks, said the crypto sector faces an…
