Editorial companion

What stands out

Charles Schwab just let millions of retail clients buy Solana, Avalanche and Chainlink outright, and the move is less about crypto evangelism than retention, keeping money from leaving for exchanges like Coinbase. That defensive stance collides with macro policy: Kevin Warsh's hawkish Jackson Hole remarks and a Treasury bond buyback plan have pushed yields and tugged bitcoin in opposite directions. The video neatly ties those threads to real business consequences: custody and flow competition between brokers and exchanges, crypto price sensitivity to policy, and how operational shocks raise costs for miners and platforms.