QVX Macro Intelligence Briefing — Nasdaq Data Rails, Sovereign-Scale BTC Accumulation, and the Neutral Liquidity Regime

Nasdaq's official data-source integration into a crypto-native venue, paired with a 767.8 BTC accumulation at a $78,628 VWAP and a Fear & Greed print of 69, confirms a regime rotation out of speculative beta and into regulated, institutionally-bridged market infrastructure while stablecoin telemetry sits flat at neutral.