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The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Gemini fell 89% from its debut, BitGo 77%, Bullish 71%, and the IPO pipeline froze. What killed the…
Ethereum is about to replace itself: Inside the Lean Rebuild
Vitalik’s Lean Ethereum roadmap would replace nearly every part of the protocol in 3-4 years: STARKs, quantum-safe crypto,…
Japan is the only country actually using XRP: Inside the SBI empire
While XRP holders everywhere else argue about ETF flows and price charts, one country quietly turned the token…
Russia built a sanctions-proof stablecoin. The data says it is dying
A7A5 was engineered to be unstoppable: a ruble token with no freeze function, backed by a sanctioned bank,…
Two giants, same model: What Garlinghouse’s attack on Saylor reveals about Ripple
Brad Garlinghouse called Strategy’s sliding preferred shares a damning indictment of financial engineering. Traders answered with an uncomfortable…
The world cup turned Polymarket into a $5B market
The biggest sporting event on Earth has become the biggest liquidity event in prediction market history. Billions in…
XRPL is quietly building institutional DeFi
While the market argues about XRP price levels, the ledger underneath it is assembling something more ambitious: a…
Is Ethereum losing the L1 race to Solana?
Solana now beats Ethereum on trading volume, active users, and fee revenue. Ethereum still holds the money. Halfway…
Whales bought $16.7B of Bitcoin while Wall Street ran for the exit
June delivered the worst month in the history of United States spot Bitcoin ETFs, with more than $4…
SpaceX joins the Nasdaq-100 on Tuesday. Crypto already owns the trade
On July 7, 3 weeks after the largest IPO in history, SPCX enters the Nasdaq-100 with billions in…