rate-cut expectations is testing conviction in builder priorities

When books are thin, narratives look stronger than they are.

When books are thin, narratives look stronger than they are.

Put beside current chatter on “Deutsche Bank Launched Institutional Crypto Custody in Europe,” the incentive problem looks clearer.

Meanwhile, institutional desks can either confirm the move or expose it as temporary.

Revisit assumptions weekly; markets change faster than slogans.

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