# GCR Weekly *New GCRx Deal, BTC Breaks $82K as Crypto Inflows Hit $858M, Circle Raises $222M and Posts Strong Q1* By [GCR](https://paragraph.com/@globalcoinrsrch) · 2026-05-11 newsletter, crypto, market --- **Summary of the Week** ----------------------- **Bitcoin briefly surged above $82K on Sunday**, supported by **strong ETF inflows** and **improving macro conditions**, now **up roughly 20% since April 1**. Global digital asset investment products attracted **$857.9M in inflows last week**, marking a sixth consecutive positive week and the strongest since late April. Institutional and venture activity accelerated. **Circle raised $222M for Arc at a $3B FDV** backed by **a16z crypto** and **BlackRock**, while **reporting Q1 revenue of $694M**, USDC supply growth to $77B, and $21.5T in onchain transaction volume. **Canton Network developer Digital Asset** is reportedly targeting **a $300M raise at a $2B valuation**, and French BTC treasury firm **Capital B raised $18M from Adam Back**. S**aylor also hinted at another Bitcoin purchase** after discussing potential selling scenarios during Strategy’s Q1 earnings call. On the policy front, **Kraken’s parent company is pursuing an OCC charter** to become a federally regulated crypto bank, while **Crypto com secured a UAE license tied to Dubai** government crypto payments, further strengthening the region’s push toward digital asset adoption. ![](https://paragraph.com/editor/callout/information-icon.png) _Stay on top of crypto markets, emerging narratives, and new opportunities._ [**_Follow us on X_**](https://x.com/Globalcoinrsrch)_._ * * * **Latest Deal Highlights** -------------------------- **1)** **\*NEW\* Onchain credit protocol** building a new DeFi credit primitive — **programmable credit curves** connecting risk-priced tranches into a shared market, enabling faster capital formation and tighter spreads. Built from day one for **institutional adoption** alongside design partners including **Anchorage, Bitwise, FalconX & WisdomTree**. **Team previously scaled a trading platform to $5B+** in annual volume and brings expertise across institutional credit, structured products & protocol security. **Raising $4M seed, with strategic investors including Anchorage & FalconX already committed.** [Find Out More](http://app.gcrx.io/deal/Lotus) * * * Crypto Markets -------------- **Bitcoin is once again testing the key $82K monthly resistance** zone after a strong multi week recovery from the March lows. Price structure still looks constructive overall, with BTC **continuing to print higher highs and higher lows**. However, momentum is starting to slow a bit near resistance. **Open interest has cooled off from recent local highs**, which suggests some positioning has been reduced during consolidation rather than aggressive new longs entering. That keeps the market from looking overcrowded for now. **Coinbase Premium remains slightly negative**, showing U.S. spot demand has softened near $82K despite price holding elevated levels. At the same time, **aggregated BTC CVD still remains positive overall across major exchanges**, particularly Binance and Bybit, which suggests buyers are still absorbing supply even while momentum slows. **Overall:** • BTC still in strong uptrend • testing major $82K resistance • positioning cooling slightly • spot demand softer near highs • CVD still supportive overall **A clean breakout above $82K would strengthen the bullish case significantly.** **If rejected again, BTC could enter another consolidation phase before attempting the next move higher.** **Total Market Cap**: 2.71T (+2.65% weekly) **BTC Dominance**: 60.1% **Fear and Greed Index**: 48 (Neutral) ![](https://storage.googleapis.com/papyrus_images/53ee31d23b312efe868d70bb369e8378a2a4e05742e0952ca6c588955e5eaecd.png) Source: Velo ### Crypto News * [Bitcoin briefly tops $82K as SUI jumps 25%](https://www.theblock.co/post/400663/bitcoin-briefly-tops-82000-sui-jumps-25) * [Crypto funds log $858M inflows in sixth straight positive week](https://www.theblock.co/post/400688/global-crypto-funds-log-858m-inflows-in-sixth-straight-positive-week-as-clarity-act-progress-lifts-sentiment-coinshares) * [Corpay taps BVNK to add stablecoin wallets for global customers](https://www.theblock.co/post/400710/sp-500-payments-firm-corpay-taps-bvnk-to-add-stablecoin-wallets-for-global-customers) * [Circle raises $222M in Arc token presale at $3B FDV](https://www.theblock.co/post/400709/circle-raises-222m-in-arc-token-presale-at-3b-fdv-from-a16z-crypto-blackrock-and-others-q1-revenue-up-20) * [French BTC treasury firm Capital B raises $18M from Adam Back](https://www.theblock.co/post/400677/btc-treasury-capital-b-raise-adam-back) * [Digital Asset eyes $300M raise at $2B valuation](https://www.theblock.co/post/400647/canton-network-developer-digital-asset-eyes-300-million-raise-at-2-billion-valuation-led-by-a16z-crypto-bloomberg) * [Saylor hints at another Bitcoin buy after discussing potential sale](https://cointelegraph.com/news/saylor-bitcoin-buy-sale-announcement) * [Morgan Stanley’s Bitcoin ETF absorbs $194M in first month](https://www.theblock.co/post/400650/morgan-stanleys-bitcoin-etf-absorbs-194-million-in-first-month-with-no-net-daily-outflows) * [Bitcoin price briefly crashes near zero on Revolut glitch](https://decrypt.co/367258/bitcoin-price-crashes-near-zero-revolut-third-party-disruption) **Regulatory and Policy** ------------------------- * [Crypto.com](http://Crypto.com) [receives UAE license tied to Dubai government crypto payments](https://www.theblock.co/post/400687/crypto-com-receives-uae-license-tied-to-dubai-government-crypto-payments) * [Kraken parent seeks OCC charter to become a federal crypto bank](https://www.coindesk.com/policy/2026/05/08/kraken-parent-goes-for-the-occ-charter-in-big-to-become-a-federal-crypto-bank) * [ECB’s Lagarde pushes back on euro stablecoins](https://decrypt.co/367265/ecbs-lagarde-pushes-back-on-euro-stablecoins-warns-of-structural-weaknesses) * [Banking industry warns Clarity Act could enable stablecoin evasion](https://decrypt.co/367351/banking-industry-clarity-act-stablecoin-evasion) * * * **_DISCLAIMER_**_: Investing carries with it inherent risks, including but not limited to technical, operational, and human errors, as well as platform failures. The content provided is purely for educational purposes and should not be considered as financial advice. The authors of this content are not professional or licensed financial advisors and the views expressed are their own and do not represent the opinions of any organization they may be affiliated with. This content is intended solely for members of GCR and may not be redistributed._ --- *Originally published on [GCR](https://paragraph.com/@globalcoinrsrch/gcr-weekly-11-may)*