On-chain data reveals wallet addresses with >$1M in DeFi assets climbed 11% in April. This signals institutional adoption in defi investing and further mainstream integration into diversified portfolios alongside equities and commodities. What’s the full story? The iPhone 17’s demand surge isn’t about innovation—it’s about pricing. Apple skips price hikes for Pro/Pro Max models while effectively cutting the base model’s cost, juiced by sky-high trade-in values for iPhone 15/16. China’s appetite is voracious: the 256GB variant gets a Rmb500 subsidy, and trade-in values outpace other markets. Resale premiums for the 17 Pro Max hit 5%-15% across all variants, up from just one premium variant last year. Early production in 2023 smoothed supply, but this year’s tighter inventory extends lead times. Meanwhile, the 17 Air flops—its thinness isn’t a selling point, and the new form factor fails to drive sales. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Defi investing in synthetic asset protocols is expanding, enabling exposure to stock index performance directly through blockchain. Traders now hedge S&P 500 volatility via decentralized synthetic ETFs.