Crypto Market Analysis
AlphaScala analysis of Bitcoin, Ethereum and the wider crypto market, newest first, with coin profiles and the weekly crypto briefings.
Latest Crypto
- AnalysisCryptoKalshi adds BNB, Cardano, Aave perpetuals for US tradersKalshi launched perpetual contracts for BNB, Cardano, Worldcoin, Aave and Venice Token on Sept. 4, expanding its crypto derivatives lineup for eligible U.S. traders.
- AnalysisCryptoRIVNon vs RIVN: Why Tokenised Stock Is Not the SameRIVNon's $67k value vs Rivian's $22B market cap reveals the gap between tokenised stock and direct equity. R2 ramp is the key variable.
- AnalysisCryptoJPMorgan Considers Stablecoin as Banks Rethink Tokenized DepositsJPMorgan is weighing a stablecoin as more than a dozen banks build a joint token. S&P warns deposit risk rises if stablecoins take off in US payments.
- AnalysisCryptoTokenized AMAT: Structural Risks vs Direct AMAT EquityAMATB offers fractional 24/7 trading but adds issuer, custody, and liquidity risks absent from Nasdaq-listed AMAT. The gap matters for dividend treatment and conversion.
- AnalysisCrypto39 US state banking groups form BankChain Alliance for 2027 blockchain launchBankChain Alliance, backed by 39 state associations representing 3,283 banks, plans a bank-owned blockchain network for tokenized deposits and stablecoins. The 2027 target puts it in competition with The Clearing House and Wells Fargo projects.
- AnalysisCryptoTokenized Deposits Could Trigger Bank Rate Wars, Dallas Fed WarnsTokenized deposits could make depositors more rate-sensitive, forcing banks to raise rates, Dallas Fed economists warn. Widespread adoption may shrink bank maturity transformation capacity by $580B.
- AnalysisCryptoJapan Regulators, Banks to Replace T+2 With Blockchain SettlementsJapan’s FSA, BOJ, and top banks aim to replace T+2 settlement with round-the-clock blockchain trades by the early 2030s, starting with a summer study group. MUFG leads PoC.
- AnalysisCryptoCoinbase launches 1:1 tokenized stocks on Base for non-U.S. investorsCoinbase launched 1:1 backed tokenized Apple, NVIDIA, Meta, and Alphabet stocks on Base. Non-U.S. investors can trade 24/7, but face redemption delays, withholding tax, and SIPC uncertainty.
- AnalysisCryptoERC-8392 Proposes Status Checks for Tokenized Stock AssetsThe ERC-8392 proposal lets smart contracts check whether an equity market is open or a valuation is fresh, addressing a gap as tokenized stock volumes exceed $2.7 billion.
- AnalysisCryptoDartmouth crypto ETF value falls 15% to $12.4M; shares unchangedDartmouth's $2.2M Q2 crypto ETF decline came from market moves, not share sales; its next 13F will show what the endowment held on Sept. 30.
- AnalysisCryptoBank Leumi Taps Galaxy for Bitcoin, Ether and Solana TradingBank Leumi, Israel's largest bank, will offer Bitcoin, Ether, and Solana trading via Galaxy from early 2027, becoming the first Israeli bank to provide direct crypto access.
- AnalysisCryptoBybit Adds Meta, Tesla xStocks as Tokenized Equities Hit $1.48BBybit added METAXUSDT, TSLAXUSDT, HOODXUSDT and CRCLXUSDT to its non-principal protected Dual Asset product; US and UK access remains barred.
More Crypto Analysis
Scaramucci Says Crypto Adoption Will Become Invisible
Visa estimated $10.2 trillion in adjusted stablecoin volume, and Scaramucci says the real milestone comes when consumers stop noticing the blockchain at all.
Mastercard Tests Single-Audit Stablecoin Compliance With Borderless.xyz
Mastercard tests single-audit stablecoin compliance with Borderless.xyz. Infinia, Walapay, and Koywe join the pilot using Crypto Credential to reduce counterparty checks.
Tokenized QQQ drove 288% of July volume; Robinhood Chain bets on it
Tokenized QQQB drove July's 288% volume jump. Robinhood's free-gas window ends Sept. 30, and the DTCC's tokenized network follows in October.
Quantum, Hyperscale Sell Crypto to Fund AI Data Centers
Quantum Solutions sold 1,000 ETH and Hyperscale monetized 100 BTC to fund AI data centers, signaling a shift from passive holding to active capital deployment, with further sales possible through October 30.
CLARITY Act odds sink to 27% after Senate delays crypto bill
Polymarket odds for the CLARITY Act fell to a record 27% after Senate delays. Galaxy Digital sees 30% probability. Ethics counteroffer and stablecoin dispute loom.
CLARITY Act delay risks US crypto lead, Haridopolos warns
Rep. Mike Haridopolos warned the Senate delay on the CLARITY Act could push passage to September, extending crypto regulatory uncertainty. The bill needs 8 Democratic votes to advance.
Securitize Gains SEC Adviser Status as Shares Drop 10%
Securitize Capital registered with the SEC as an investment adviser, removing caps on fund advisory. Shares dropped 10% to $6.76. The move adds compliance duties but opens portfolio management work.
Coinbase CEO: AI Agents Will Outnumber Human Crypto Users
Brian Armstrong says autonomous AI agents will eventually outnumber human crypto users. Coinbase is building the infrastructure for machine-to-machine payments.
Difference between Bitcoin and Ethereum?
Bitcoin is digital gold for savings. Ethereum is a platform for apps and smart contracts. Compare use cases, risks, and which suits a beginner.
How does cryptocurrency mining work?
Learn how crypto mining works: proof of work, ASIC hardware, mining pools, block rewards, and the real costs and risks involved.
How to trade cryptocurrency safely?
Learn how to trade crypto safely with position sizing, stop-losses, hardware wallets, and no leverage. A practical guide for beginners.
What is a crypto wallet and how to use one?
A crypto wallet stores private keys to manage digital assets. Learn how to set up, send, and secure your wallet with this beginner's guide.
What is a smart contract?
Smart contracts are self-executing programs on a blockchain that automate agreements. Learn how they work, with examples, risks, and a security checklist.
What is a stablecoin?
A stablecoin is a cryptocurrency pegged to a stable asset like the US dollar. Learn how fiat-backed, crypto-backed, and algorithmic stablecoins maintain...