Adoption
Analysis
Prediction markets have a major problem as most Americans reject betting on elections
Prediction markets have found an audience for their numbers without securing universal approval for their bets.
Regulation
The crypto privacy rule Trump’s Treasury proposed, and Trump’s Treasury buried
Trump's first Treasury wanted names and home addresses behind crypto wallet transfers. His second buried the plan, with the president's family now billions richer from crypto.
Analysis
Who opened your crypto wallet before it reached your hands?
The hackers didn't need to break Ledger's security when they could just get to the wallets before their owners.
Stablecoins
Stablecoin cards are booming, but who makes money when you swipe?
Every stablecoin card purchase sends money through a chain of businesses most customers never see.
Digital Asset Treasuries
The hidden trade behind Strive’s 16.7% Bitcoin income offer
Investors are paying $90 for Strive's $100 preferred-stock claim, but the difference isn't free money.
Analysis
Bitcoin’s inflation hedge has a hidden cost, and leverage makes it worse
Inflation gives Bitcoin investors a reason to buy, while high interest rates make some of them pay dearly to wait.
Analysis
Bitcoin hedge funds face a liquidation trap when their collateral is split across markets
Shared collateral promises to make Bitcoin trading cheaper and more efficient, but the real test comes when prices crash and every exchange wants its money.
Trading
What happens when crypto trades stocks while Wall Street sleeps?
Semiconductor-index perpetuals let traders bet on stocks overnight, but pricing and liquidations get complicated when the stock market closes.
Digital Asset Treasuries
Bitcoin companies are learning that holding forever takes cash
Corporate Bitcoin buyers have repayment dates, and protecting shareholders can sometimes mean selling coins before those dates get close.
ETF
Being right about Bitcoin won’t save your 3x leveraged ETF position
Bitcoin's next rebound could reward holders while disappointing investors who bought a leveraged fund expecting three times the recovery.
Hacks
Stealing $1.5B in crypto is easy, cashing out is the trap
ZachXBT used $349,700 to infiltrate a crypto laundering network, tracing over $12 million tied to North Korea’s $1.5 billion Bybit hack.
Macro
Inflation target of 2% may not stop the next Fed rate freeze
September's Fed minutes show why expensive borrowing hasn't persuaded officials that the economy needs no further restraint.
