The week's market analysis: Why one energy shock was all it took to unravel months of rebuilding
An unexpected oil spike was enough to flip market sentiment, wiping out in a matter of hours the fragile recovery the crypto sector had been trying to build since early March.
Strategy: Inside the complex mechanics of STRC preferred shares
Strategy's STRC preferred shares offer an 11.5% yield backed by Bitcoin holdings. But with dividends funded from reserves, not earnings, the math has a shelf life.
Crypto's staying power: What's holding prices up in a time of war?
As war rattles equities and gold disappoints, digital asset market gain 3%. Is crypto becoming a liquidity venue of last resort — or just a temporary rotation target?
Mining vs. AI: The end of the "pure-play" model for industry giants?
Caught between record production costs and razor-thin margins, Bitcoin miners are liquidating reserves at scale to finance a strategic pivot toward AI.
After crossing the $5.7 billion market-cap threshold, tokenized gold has established itself as one of the most liquid investment products on the market, driven by a 24/7 infrastructure.
Faced with mounting debt, DATs are seeing their business model falter. Peter Thiel's abrupt withdrawal confirms the urgent need for some of these players to turn around.
Canton Network (CC): analysis of blockchain designed for institutions
Driven by several of the world's financial giants, the Canton blockchain is emerging as an alternative infrastructure that promotes the interoperability and confidentiality of institutional assets.
Robinhood and Coinbase: the challenge of diversification in the midst of a down cycle
The results of Robinhood and Coinbase illustrate the difficulty that listed players have in overcoming the cyclical nature of the digital assets market.
Digital Asset Treasuries: the moment of truth for the Strategy and Bitmine models
Digital Asset Treasuries are facing an unprecedented crisis of confidence in the face of massive unrealised losses. Between debt servicing and the risk of dilution, the model is now under pressure.
Bankcards: the geopolitical risk that Europe can no longer ignore
Europe's dependence on Visa and Mastercard exposes a major strategic vulnerability in the event of a transatlantic crisis. Euro stablecoins offer a number of advantages in the face of this risk.
Oil: how the USDT enabled Venezuela to circumvent US sanctions
The arrest of Nicolás Maduro by the US authorities comes at a time when Caracas was making extensive use of cryptocurrencies to continue exporting its oil.
M&A: how Coinbase is building its empire through acquisitions
The year 2025 marks a turning point for mergers and acquisitions. At the heart of this wave, Coinbase is deploying an aggressive M&A strategy that is reshaping its business model and growth driver...
Regulation: Is Switzerland isolating itself by overregulating?
Under the guise of international compliance, a draft law currently under consultation could impose constraints on Swiss players that exceed European standards.
MARA is no longer just a bitcoin miner: the company is transforming itself into a hybrid player, combining energy, high-performance computing and cash in BTC.
Gold is experiencing a historic surge. Its market is now home to crypto players such as Tether and Paxos, pioneers in tokenisation. Giants such as MKS Pamp are also getting in on the act.
The crypto ecosystem is entering a phase of maturity comparable to that of the Internet in 2003: the bubble is behind us, the construction is beginning.
Tether has had an exceptional year, with profits of $10 billion over three quarters and a balance sheet in the throes of change, with diversification on all fronts.
In the United States, flows have stabilised around Bitcoin, while interest has shifted to Ethereum. In Europe, inflows are picking up strongly, driven by Solana.
How Switzerland's central bank Is quietly building bitcoin exposure
Officially not a holder of bitcoins, the SNB is becoming increasingly exposed through its investments in the companies most closely linked to the sector.
Between new record highs, a surprise correction and the rotation of capital into gold and Ethereum ETFs, the third quarter reveals a market that is still resilient, but that has started to run out...
The institutional dynamics of tokenization in Q3 2025
Long confined to stablecoins, it is now spreading to private credit, money market funds and equity markets, laying the foundations for a new global financial infrastructure.
The institutional dynamics of stablecoins in Q3 2025
A complete overview of the stablecoin market in the third quarter of 2025, a pivotal period marked by the institutionalisation of the sector and the rise of blockchains dedicated to payments.
Pump.fun: Analyzing the memecoin factory business model
Pump.fun has established itself as Solana's memecoin factory, attracting thousands of creators and speculators every day. The protocol conceals a highly profitable business model.
In Nigeria, crypto is everywhere in the figures but rarely in everyday life. This exclusive investigation, carried out on the ground, tells the story of how crypto is becoming a necessity, a mirag...
Sonar offers an alternative to traditional launchpads by giving founders the freedom to organise their own token sales. But this autonomy comes with increased risks.
Crypto IPOs are on the increase and are set to accelerate over the next few years. But between stock market hype and mixed performance, their success remains to be proven.
CEX vs DEX: the battle of the platforms for crypto derivatives
Perpetual contracts now dominate crypto trading volumes. Competing with CEXs, DEX perpetuals are gaining in strength and establishing themselves as genuine competitors.
Crypto derivatives regulation: the global landscape
Derivatives now account for more than three-quarters of the volumes traded in crypto, but the way they are regulated varies widely from one jurisdiction to another.
Maple, a laboratory for institutional credit on blockchain
Somewhere between traditional finance and DeFi, Maple protocol claims to be an asset manager, but still faces challenges in terms of governance, security and competition.
Stablecoins: does Ethena have the winning formula?
Ethena is moving fast, upsetting the balance of the stablecoin market. But its model, which is as innovative as it is ambitious, is still subject to economic and regulatory weaknesses that could w...
Ostium: Hyperliquid's competitor aims to link DeFi to traditional markets
Ostium makes it possible to trade currencies, equities and indices directly from the blockchain. The protocol uses a liquidity pool and oracle model to bring TradFi and DeFi closer together.
In just a few weeks, Sharplink has established itself as one of the leading ETH investment vehicles. Behind this rise is a strategy orchestrated by Consensys and Linea.
HyperEVM: a network under construction backed by an on-chain trading giant
Launched in early 2025, HyperEVM aims to complement Hyperliquid's offering with an open DeFi infrastructure. The blockchain is banking on its interoperability to attract projects and users.
Stripe is changing dimension. By integrating stablecoins and crypto tools into its core business, the American fintech is preparing for a new era in global payments.
Travel Rule: how crypto platforms share their customers' personal data
The Travel Rule requires crypto platforms to transmit their users' personal data during transfers. Here's an overview of the different solutions available.
Bitcoin's Institutional Investors: Assessing Market Impact of a Potential Reversal
More and more companies and institutions are accumulating bitcoin on their balance sheets. But what happens if the markets turn and these players have to sell?
Robinhood has announced the arrival of tokenised shares on its European platform, with the short-term aim of making them non-custodial. Kraken and Gemini are also in ambush.
Exclusive study - Institutional purchases could push Bitcoin price to $180,000 by 2026
The massive arrival of ETFs, the strategic accumulation of companies such as Strategy and the burgeoning interest of governments could add $1,500 billion to its capitalisation within 18 months.
Fixed-rate loans, P2P matching... Everything you need to know about Morpho's new version
Morpho is stepping up its growth in DeFi with a V2 designed for institutions. Fixed-rate loans and tokenised assets redefine the standards of on-chain credit.
Plasma: The First Stablecoin-Native Blockchain Betting Big on USDT
Plasma aims to become the benchmark infrastructure for stablecoin transfers, particularly USDT. But given the dominance of Ethereum, Tron and Solana, the gamble remains risky.
Resolv aims to establish itself as a reliable decentralised stablecoin, backed by cryptoassets and stabilised by a delta-neutral strategy. But its robustness remains to be tested in the face of ma...
Mergers and acquisitions are a key driver of structuring. In crypto, they are still rare, but their growing importance could transform the landscape for good.
Tron has become the world's leading infrastructure for USDT transfers. But behind this success lies a fragile economy dependent on a single stablecoin.
EtherFi : What is the relevance of the DeFi neobank business model?
EtherFi claims to be a "native decentralised bank", combining staking, returns and crypto payments. We take a look at this hybrid model, halfway between DeFi and a neobank.
Global debt is exploding, fuelled by endless money creation. Against this unstable backdrop, Bitcoin is gradually emerging as an alternative to traditional currencies.
They select assets, set risk parameters and intervene in the event of a crisis. Discreet but essential, risk curators redefine the way lending is managed.
Real-world assets are emerging as the new engine of on-chain finance. Stable yields, institutional interest and favourable macro dynamics are boosting RWAs.
Strategy, XXI, Metaplanet, The Blockchain Group: A Comparison of Bitcoin Treasury Companies
Between leverage, dilution and exploding valuations, here is a full comparison of the four main Bitcoin Treasury Companies: Strategy, XXI, Metaplanet and The Blockchain Group.
Fluid (FLUID): The Protocol Merging DEX and Lending in One Place
Fluid is shaking up the codes of DeFi by merging loans and DEX within a single liquidity layer. In just a few months, this ambitious protocol has exceeded $40 billion in volume.
The beginning of 2025 was marked by extreme movements on the crypto markets, between a speculative boom and a brutal bust. But some projects have come out on top.
Morpho vs Euler: The Battle of Modular Lending Protocols
Decentralised lending is entering a new era. There are two competing protocols: Morpho and Euler, one focusing on total freedom, the other on tailor-made engineering.
Analysis: How Euler (EUL) Positions Itself Between Aave and Morpho
A year after a massive hack, Euler is making a remarkable comeback with a completely redesigned version of its protocol. Thanks to its flexible architecture, it has already attracted more than a b...
On-chain Lending: Market Analysis & Future Outlook
Lending onchain is one of the pillars of DeFi. Faced with the domination of a few giants, a new wave of innovative projects is shaking up established models.
Cardano (ADA): Analysis of a project in search of adoption
Cardano aims to provide a scientific and cost-effective alternative to legacy networks such as Ethereum. Despite a solid base and strong capitalisation, its ecosystem is struggling to get off the ...
Bitcoin staking is taking off, with the market jumping from a few million to nearly 3 billion dollars in less than a year. Sector leader Lombard Finance is catching the eye.
Babylon (BABY): When Bitcoin becomes the engine of decentralised finance
Babylon aims to revolutionise Bitcoin by enabling it to be stored natively, without the need for bridges or external deposits. The protocol combines the security of Bitcoin with the flexibility of...
At a time when user activity has largely shifted to second-layer (L2) solutions, one proposal aims to make these networks contribute more to the Ethereum economy.
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