2023 Hangover Entails A Terrible Start For Markets Since 2003
Wall Street has a rough start to the year, Bitcoin slips, and China's Zhongzhi Enterprise Group bankruptcy heightens anxiety whilst the USD remains strong
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Bitcoin Supply Dynamics: Tight Miners, Active Sovereigns
Miner supply is tight but not scarce enough to trigger a true shock. At the same time, Bhutan’s steady, programmatic sales are adding a visible, state-linked supply stream that the market is absorbing without clear signs of stress.
Marathon's $1B Bitcoin Sale Signals End of Mining's Profitability Era
As Bitcoin mining rewards collapse post-halving, the industry's largest miner bets on energy arbitrage from AI infrastructure rather than block rewards.
BitGo Posts $16.2B Revenue in First Earnings Since January IPO, But Bitcoin Treasury Drag Widens Net Loss
The crypto custodian's top line grew more than fourfold year-on-year — but falling digital asset prices hit its balance sheet hard in Q4
Circle's 20% Collapse: Three Shocks in One Session Expose Stablecoin Regulation Risk
The $2 billion market cap erasure highlights the gap between booming USDC usage and investor concerns over regulatory uncertainty and centralization risks.