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Aleksandar Bukovski is an analyst at The Big Whale, specializing in decentralized finance and crypto-assets. A graduate of the University of Novi Sad, he is based in Novi Sad, Serbia.

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The week's market analysis: Why one energy shock was all it took to unravel months of rebuilding
Laszlo Szabo (Kiln): “With Railnet, we are unifying yield sources within a single and compliant framework”
Strategy: Inside the complex mechanics of STRC preferred shares
Crypto's staying power: What's holding prices up in a time of war?
Christian Leger (Franklin Templeton): “Banks must fight to earn a place in the client’s wallet”
Oil: When DeFi becomes the only open market amid geopolitical shocks
Mining vs. AI: The end of the "pure-play" model for industry giants?
24/7 markets: Tokenized gold’s decisive advantage
Circle: highlights of excellent Q4 results
The Big Whale Market Call - February 2026
Market analysis of the week
Why Peter Thiel left ETHZilla
Market analysis of the week
DeFi: Apollo makes strategic investment in Morpho
Robinhood and Coinbase: the challenge of diversification in the midst of a down cycle
Bitcoin: mere technical respite or real trend reversal?
Digital Asset Treasuries: the moment of truth for the Strategy and Bitmine models
Crypto markets fall again: the reasons behind the acceleration
Matt Hougan (Bitwise): "Vaults are the most important innovation in asset management since the invention of ETFs"
The Kevin Warsh effect: when the Fed rattles gold and Bitcoin
The state of the digital assets market in Q4 2025
Is Bitcoin's four-year cycle dead?
Top-performing portfolios of 2025: What were the winning strategies?
M&A: how Coinbase is building its empire through acquisitions
The Big Whale Market Call - December 2025
MARA: analysis of a high-voltage strategy
Inside Tether's diversification strategy
The Big Whale Market Call - November 2025
The state of Bitcoin in Q3 2025
Digital Assets Treasuries (DATs): a good bet, really?
The Big Whale Market Call - October 2025
The state of the crypto market in Q3 2025
How will interest rate cuts affect Tether and Circle's profitability?
Exclusive. SWIFT launches on Linea to test its "on-chain" model
The Big Whale Market Call - September 2025
Christian Rau (Mastercard): "The crypto business already carries significant weight at Mastercard"
Analysis: Mastercard's crypto strategy
John Egan (Stripe): "We want to build a global network for payments and treasury"
Stripe's Crypto Strategy: The New Industry Giant
State of Crypto Report - Q2 2025
Bitcoin's Institutional Investors: Assessing Market Impact of a Potential Reversal
Exclusive study - Institutional purchases could push Bitcoin price to $180,000 by 2026
Plasma: The First Stablecoin-Native Blockchain Betting Big on USDT
Why Crypto Needs M&A — and Why It's Not Happening
Bitcoin Mining: A Profitable Industry for the Powerful Few
Study: Bitcoin Facing the Global Monetary Spiral
Strategy, XXI, Metaplanet, The Blockchain Group: A Comparison of Bitcoin Treasury Companies
Crypto Market Update: Top Performers of 2025
Babylon (BABY): When Bitcoin becomes the engine of decentralised finance
Reserve Protocol Analysis (RSR), a complex alternative to traditional stablecoins
Market makers' techniques for manipulating the markets
Crypto mixers: exclusive report on their use and contribution to money laundering
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Feb

Market Call - February

10
Dec

Market Call - December

12
Nov

Market Call - November

14
Oct

Banks and Protocols: The new credit architecture

10
Oct

Market Call - October

10
Sep

Market Call - September