The Morning Minute | Market Pulse Hot Off the Wire Major crypto assets dipped following a hot CPI print. $BTC slipped 1.5%, settling at $79,500. Spot Bitcoin ETFs saw their largest net outflow since January, bleeding $630 million. In a bright spot, Schwab officially launched spot crypto trading. On the recovery front, an AI agent named Claude helped a user reclaim $400,000 in $BTC lost for 11 years. Myriad is integrating Chainlink to deepen its real-time data markets. Macro & Crypto Landscape Risk-off sentiment persisted after PPI data exceeded expectations, compounded by heavy ETF outflows. $BTC fell 1.6% to $79,500, $ETH dropped 2% to $2,260, and $SOL sank 4% to $91. Leading gainers included CC (+8%), H (+5%), and QNT (+5%). Oil slid 2% to $97, while gold held steady at $4,700. Equity futures pointed green, with the Nasdaq up 0.2% as tech recovered. Core PPI surged 1% month-over-month, the largest jump since March 2022, with a 5.2% year-over-year increase. Kevin Warsh was confirmed as the 17th Federal Reserve Chair, passing the Senate 54-45. UK Economic Secretary Emma Reynolds told Parliament that digital assets could deliver a "transformation of markets" as the government prepares to enforce a crypto regulatory framework. Ledger and Consensys both postponed IPO plans, citing market conditions. Fireblocks CEO Michael Shaulov argued that protecting Bitcoin from quantum computing is a coordination problem, not a technical one. ETF & Corporate Treasury Spot Bitcoin ETFs recorded a net outflow of $630 million on Wednesday, the largest since January. ETH ETFs saw $36 million in outflows. STRAC saw enough volume for Saylor to acquire 3,240 BTC, bringing the weekly total to over 6,000 BTC. Meme Coin Watch Meme coins broadly declined. DOGE fell 1%, SHIB dropped 3%, PEPE slid 4%, and PENGU, TRUMP, and BONK each lost 4-5%. Notable gainers included CTO (+110x), Troll (+30%), Bull (+37%), and Burnie (+20%). Token & Protocol Updates DraftKings launched Combos on i...