Stablecoins
RWA
$3.8B fund tokenized on BNB marks China’s boldest RWA move yet
China Merchants Bank’s Hong Kong unit moves a money market product onto BNB Chain. What it means for custody, redemptions, and ETH/SOL competition.
Taxes
Bitcoin Jesus pays $50 million to dodge prison – but can he really live freely?
Roger Ver’s settlement caps a decade-long saga and resets the rules for offshore holdouts.
Derivatives
Anyone can now create Hyperliquid perp contracts with $20M: Is DeFi about to break?
Listing anything is easy; risk and liquidity are hard, and here’s the model.Hyperliquid’s HIP-3 removes gatekeepers by letting anyone launch perpetuals if they stake $20 million. It’s either DeFi’s boldest safety experiment, or its next stress test.
Legislation
What California ban on forced crypto liquidation really means
New statute curbs forced liquidation; we map who’s covered and what’s not.
Mining
Are miners buying Bitcoin again? Marathon adds 400 BTC after the crash
What MARA's Bitcoin acquisition says about hashprice, cash balances, and miner-led flows.
Crypto
Weekend ‘Crypto Black Friday’ liquidation cascade: What actually happened?
A data-first post-mortem on liquidations, funding, and ETF dip-buyers.
ETF
If the debasement trade would catapult Bitcoin, why is the market down?
If gold is benefiting from the debasement trade, why is Bitcoin down by 4.2% on the week?
DEX
CZ says Aster’s privacy beats Hyperliquid’s transparent order books
CZ attributed BNB's recent meme explosion to an unplanned Mid-Autumn Festival post, and outlined his investment thesis favoring privacy-focused perpetual DEXs over transparent alternatives.
Market
Trump tariff threat against China causes Bitcoin to crash 7%, $19B in liquidations
Trump accused China of attempting to monopolize rare-earth elements and announced plans for a massive increase of tariffs on Chinese products.
Crypto
Strategy’s Bitcoin mNAV collapses to 1.174, lowest since February 2024
The narrowing gap between market capitalization and underlying asset value poses a threat to sustainability.
DEX
Decentralized exchanges post record $1.43 trillion Q3 volume
The figure represents a 43.6% increase from the $1 trillion registered in the second quarter, and surpasses the previous record of nearly $1.2 trillion set between January and March.
Macro
Powell’s silence on rates to fuel Bitcoin’s path toward $150,000
Jerome Powell avoided talking about inflation and rates on his Community Bank Conference speech, which the market sees as "strategic silence."
