The US equity market is valued at roughly $68 trillion, yet only about $670 million of that value currently exists on-chain in tokenized form. The scale of that…
Bitcoin’s price action continues to drift into the Federal Reserve’s final policy decision of the year with little outward volatility, yet the underlying market structure reflects a very…
The two largest crypto treasury companies, Bitcoin-focused Strategy (formerly MicroStrategy) and Ethereum-heavy BitMine, executed significant expansions of their digital asset treasuries this week despite their falling premium. On…
The number didn’t look dramatic at first glance ($13.5 billion in overnight repos on Dec. 1), but for anyone who watches the Federal Reserve’s plumbing, it was a…
Stablecoins were once a minor appendage of crypto markets, a functional parking spot for traders cycling between Bitcoin and Ethereum. However, framing no longer fits. With a circulating…
XRP is showing one of the clearest splits in crypto this quarter between what people say and what they do with their money. Social data tracking bullish and…
U.S. spot Bitcoin ETFs gave back nearly all of their 2025 gains after hitting a cycle high in early October, with total net assets sliding to $120.68 billion…
The “infinite money glitch” of the corporate Bitcoin treasury has stalled. For much of this market cycle, the trade was simple: stock in companies holding Bitcoin traded at…
Grayscale’s conversion of its legacy Chainlink trust into the GLNK exchange-traded product on Dec. 2 did more than simply add another ticker to the NYSE Arca board. With…