From Gold to BUIDL: How Rents Are Becoming the Center of Gravity of Global Finance

2 weeks ago

Lead: The tokenization of real-world assets has quadrupled since the start of 2025, reaching approximately $33.5 billion. But the figure…

November 14, 2026: the date treasurers around the world cannot afford to miss

2 weeks ago

Lead: In less than three months, SWIFT will reject any cross-border payment whose postal address is not structured. 65% of…

Market Status and Risk Architecture Bitcoin, Ethereum, XRP, Solana

2 weeks ago

Bitcoin functions as a systemic anchor and market factor. Its circulating supply stands at approximately 19.95–20.08 million BTC. US spot…

Macro environment: duration, dollar, oil, politics

2 weeks ago

The dominant factor in September is not an endogenous crypto narrative but a regime of real rates and geopolitical energy…

Dollar-backed stablecoins, neo-mercantilist regime, and energy constraints. Implications for digital assets and investment strategies

2 weeks ago

Dollar-backed stablecoins have become a dual-use instrument of U.S. economic power, extending the dollar's reach into markets where correspondent banking…

Crypto Markets Show Recovery Signs But Face Three Key Frictions Ahead

2 weeks ago

The market has exited the capitulation phase of June 2026, where BTC fell below $60k, driven by ETF creations and…

Crypto Quartet Risk Map: How BTC, ETH, XRP, and SOL React to a Hawkish Fed Shift

2 weeks ago

1.1 Bitcoin. Core Collateral, Not an Alt Price sits below the self-custody cost basis shelf (~$80.8k) and under the Glassnode…

From Bonds to Bitcoin: “Debasement Trade” Powers Crypto Surge Amid $40T U.S. Debt

3 weeks ago

Bitcoin rallied 6% in the week of August 19, triggered by a yields at their highest since 2007, seen as…

Crypto’s Fragile Rally at $77K. The High-Stakes Link Between AI Systemic Risk and Token Speculation

3 weeks ago

Contagion in AI financing cannot be understood through valuation levels or even growth rates. It must be understood through the…

Private credit funds face elevated risks in 2026 from two distinct but overlapping AI-related channels

3 weeks ago

Private credit funds face significant 2026 risks from two AI-related channels: disruption to software borrowers and demand shortfalls in AI…