Markets
Stablecoins Are Becoming Market Structure
Stablecoins are moving from trading rails to regulated payments infrastructure. A data-led weekly crypto wrap with what to watch next.
Markets
Crypto Markets Rise While Policy and Infrastructure Advance on Separate Tracks
Crypto markets are broadly higher as U.S. policy work, custody infrastructure, and network upgrades advance at different speeds.
Markets
Crypto Markets Hold Firm as Infrastructure Advances
Crypto markets show broad daily gains while regulation, custody, stablecoins, and network capacity continue to develop.
Markets
Stablecoins Are Becoming Programmable Settlement Rails
Stablecoins are moving beyond trading liquidity into programmable settlement. We examine the evidence, structure, and limits of that shift.
Research
Market Cap Weighting Can Hide Concentration Risk
A plain-language guide to market-cap weighting, with a worked crypto example showing how concentration can shape portfolio data.
Markets
Crypto Markets Are Defensive While the Buildout Continues
A sober crypto market brief on defensive breadth, institutional stablecoin infrastructure, and what the latest market data can and cannot show.
Markets
Crypto Markets Show Broad Breadth as Market Structure Gets More Formal
A data-led crypto market brief on broad gains, concentrated market value, and the latest regulatory and institutional infrastructure signals.
Research
SOPR Shows When On-Chain Spending Becomes Realized Profit or Loss
Learn how SOPR measures realized profit and loss, how to work through the ratio, and why it needs price and cohort context.
Markets
Stablecoins Are Becoming the Settlement Layer for Tokenized Markets
Stablecoins are moving beyond trading into settlement for tokenized assets. We examine the rails, data, and limits.
Markets
Crypto Markets Are Carrying More Infrastructure Than Momentum
A data-led crypto market wrap: ten major assets remain concentrated while stablecoin rails, custody, regulation, and network upgrades advance.
Research
Market Capitalization Is a Map Not a Market Verdict
Learn what crypto market capitalization measures, how supply changes the signal, and why market cap is not the same as capital invested.
Research
Realized Cap Measures Capital at Work Not Just Price
Learn how Bitcoin realized cap tracks capital at work, how to read the metric, and why it should not be mistaken for a price target.