# GCR Weekly *BTC Eyeing 80K, DeFi Recovery Underway, Institutional Flows Stay Strong* By [GCR](https://paragraph.com/@globalcoinrsrch) · 2026-04-27 newsletter, crypto, market --- **Summary of the Wekk** ----------------------- **BTC touched $79K on Monday before stabilizing near $77.5K in a relatively calm week,** while the S&P 500 and QQQ remain near all time highs. **Bitcoin funds recorded $933M in inflows**, pushing crypto ETF AUM to its highest level since February. **DeFi is coordinating a major recovery effort after the KelpDAO exploit.** Aave proposed contributing 25,000 ETH (~$58M) to DeFi United, alongside support from Lido (up to 2,500 ETH), Ether Fi (5,000 ETH), Mantle (30,000 ETH credit line) and key individuals including Stani Kulechov (5,000 ETH) and Emilio Frangella (500 ETH). The fund has now reached ~69,500 ETH (~$161M) to cover bad debt from the attack. On the policy front, **the DOJ dropped its probe into Jerome Powell**, potentially paving the way for Kevin Warsh as a head of Fed, while **the U.S. sanctioned Iran linked wallets** including $344M frozen by Tether. Institutional demand remains strong. **Global crypto investment products saw $1.2B in weekly inflows**, extending the positive streak, while **Strategy added 3,273 BTC** bringing holdings to 818,334 BTC. **Bitmine also purchased 101,901 ETH**, pushing its treasury above 5M ETH, **now representing over 4.2% of total supply.** ![](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\*: Orbital spacecraft company** operating at the intersection of defense infrastructure, orbital logistics & pharmaceutical manufacturing — **one of only three companies to ever demonstrate orbital Earth re-entry, alongside Boeing and SpaceX.** Serving government/defense customers (hypersonic testing, re-entry, payload return) and pharma companies (microgravity drug formulation). **Heavy SpaceX alumni team**, led by a former SpaceX engineer and **a co-founder with deep venture, defense & U.S. government procurement expertise.** **Raised $328M** from **Khosla Ventures, Lux Capital, General Catalyst & Founders Fund**. **2) Crypto casino** built to compete directly with the market leaders, leveraging deep expertise in VIP acquisition, creator/affiliate distribution, and high-velocity feature shipping. The team — **former COO, CPO & CMO from Stake, bet365, William Hill & FanDuel** — with a track record of building successful companies ($100M+ annual profit). **Raised $21M** in 2025, backed by **1kx, Makers, MFV & Delphi founders**, with a clear path to $1B+ EBITDA within 3 years. **3) Nuclear microreactor** startup building compact sodium cooled reactors designed for distributed energy such as data centers, industrial sites and AI compute. Reactor architecture builds on the **DOE’s MARVEL program with ~90% design approval already achieved**. Prototype test reactor assembled in under 8 months with **reactor building completed in 36 days**. **$136M+ raised including a $100M Series B.** Backed by **Valor Equity Partners, Fifty Years, Hitachi Ventures, NRG Energy** and others. [Find Out More](https://t.me/gcrx_bot) * * * Crypto Markets -------------- Crypto’s upside is being driven by steady ETF inflows and a structural breakout above key technical levels, reinforcing a strong underlying bid. Bitcoin is leading the move, with global crypto funds seeing **$1.2B in weekly inflows**, of which **$932.5M went into BTC products**, confirming continued institutional demand. From a market structure perspective, BTC is holding above the breakout and consolidating near local highs, which typically signals strength rather than exhaustion. Flows support this. **CVD remains elevated across major venues**, showing sustained buyer activity, even though Binance saw a recent flush which looks more like profit taking than a full shift in positioning. At the same time, **open interest is stabilizing after prior expansion**, suggesting the move is not overheated and leverage is not aggressively piling in at the top. Coinbase Premium remains positive, pointing to **consistent U.S. spot demand backing the move**. Overall the setup shows • **strong institutional inflows** • **spot driven demand supporting price** • **healthy positioning, not overleveraged** **As long as these conditions hold, dips are likely to be bought and the broader trend remains constructive.** **Total Market Cap**: 2.59T (+1.96% weekly) **BTC Dominance**: 60.1% **Fear and Greed Index**: 47 (Neutral) ![](https://storage.googleapis.com/papyrus_images/56943d073de01952fc6754e18e0032873f6c32b47c9ede1fe615fa613a37802f.png) Source: Velo ### Crypto News * [Bitcoin climbs above $79K](https://www.theblock.co/post/398908/bitcoin-climbs-above-79000) * [Bitcoin funds take in $933M as ETF AUM hits highest since February](https://www.coindesk.com/markets/2026/04/27/bitcoin-funds-take-in-usd933-million-as-crypto-etfs-hit-highest-aum-since-february) * [Strategy buys 3,273 BTC, nearing 1M target](https://www.coindesk.com/markets/2026/04/27/michael-saylor-s-strategy-buys-3-273-bitcoin-as-it-inches-closer-to-its-1-million-target) * [Bitmine buys $236M in ETH as Tom Lee backs Ethereum](https://www.coindesk.com/business/2026/04/27/bitmine-buys-usd236-million-in-ether-as-tom-lee-touts-eth-as-wartime-store-of-value) * [Aave proposes 25,000 ETH to cover KelpDAO exploit](https://www.theblock.co/post/398863/aave-proposes-25000-eth-contribution-defi-united-plug-kelp-dao-exploit-hole) * [KBank partners with Ripple](https://www.theblock.co/post/398927/kbank-ripple-partnership) * [Luxor and MicroBT strike $100M mining rig deal](https://www.theblock.co/post/398933/luxor-microbt-100-million-rig-deal) * [Strive acquires 789 BTC, surpassing 14,000 BTC treasury](https://www.theblock.co/post/398986/strive-acquires-789-btc-bumping-ninth-largest-corporate-bitcoin-treasury-over-14000-btc) * [Jane Street moves to dismiss insider trading allegations](https://www.dlnews.com/articles/regulation/jane-street-files-to-dismiss-insider-trading-allegations/) * [AWS Marketplace integrates Chainlink](https://www.theblock.co/post/398820/aws-marketplace-integrates-chainlink) **Regulatory and Policy** ------------------------- * [US sanctions Iran linked crypto wallets with $344M frozen by Tether](https://www.theblock.co/post/398847/us-sanctions-iran-linked-crypto-wallets-addresses-344-million-frozen-tether-cnn) * [DOJ drops probe into Jerome Powell, paving way for crypto friendly Fed leadership](https://www.theblock.co/post/398836/doj-drops-probe-into-jerome-powell-paving-the-way-for-crypto-friendly-kevin-warsh-to-lead-fed) * [Brazil blocks Kalshi and Polymarket in sweeping ban](https://www.theblock.co/post/398870/brazil-blocks-kalshi-polymarket-sweeping-ban-investor-protections) * [Sam Bankman Fried withdraws motion for new trial](https://decrypt.co/365277/sam-bankman-fried-withdraws-motion-new-trial-denies-ghostwriting) * * * **_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-27-april)*