Crypto Market Analysis, Page 2
AlphaScala analysis of Bitcoin, Ethereum and the wider crypto market, newest first, with coin profiles and the weekly crypto briefings.
Coinbase Prepares Custody for Quantum Computer Threat
Coinbase is developing post-quantum custody for 99.9% of assets, co-hosting a Stanford working session in August. NIST's June draft updates highlight the timeline for transition.
Goldman CEO backs CLARITY Act as banks fight stablecoin rewards
Goldman CEO David Solomon backs the CLARITY Act, breaking with banking groups fighting stablecoin rewards and seven Senate Democrats who oppose the latest draft.
Galaxy Digital targets $3.5B junk bond sale for Texas AI data center
Galaxy Digital plans $3.5B high-yield bond sale for Helios data center in West Texas. Morgan Stanley and Goldman Sachs are leading the July 23 pricing.
Transfer agents push SEC to restrict unaffiliated tokenized stocks
CSTT and STA letters to the SEC urge rules for issuer-backed tokenized stocks and warn that unaffiliated tokens may mislead investors about ownership. DTCC tests include MSFT, QQQ.
The CFTC has one commissioner and all of crypto
With one commissioner and a shrunken staff, the CFTC prepares to inherit crypto oversight under CLARITY. The agency's automation plan and the Section 106 transition window are the key tests.
PayPal's $2.8B PYUSD Gets Polygon Boost as Bank Stablecoin Looms
PayPal's $2.8B PYUSD stablecoin lands on Polygon for cross-border payments. A bank-backed rival, OpenUSD, backed by BNY, Visa, Mastercard, and Coinbase, prepares to launch.
Crypto Derivatives Volume Dwarfs Spot 4.4x, Cboe Report Says
Cboe's 2025 report shows derivatives notional volume hit $111.5 trillion vs $25.3 trillion spot. The ratio is accelerating, driven by ETF approvals and institutional hedging demand. Funding rates and options skew now tr
Visa, BlackRock Stablecoin Push Tops Crypto KOL Sentiment
Telegram KOL channels focused on stablecoin initiatives from Visa, Mastercard, Stripe, and BlackRock last week, with institutional moves driving crypto liquidity and positioning.
Robinhood Soars 14% After Blockchain, AI Trading Launch
The product event exceeded expectations; the earnings miss and analyst target cuts complicate the rally. Alpha Score 55.
Visa, Mastercard Join 140-Plus Firms to Launch Open USD Stablecoin
Visa, Mastercard, Coinbase and 140+ businesses form Open Standard consortium to launch fee-free stablecoin Open USD later this year. Shared reserve economics and GENIUS Act framework set the stage.
DraftKings Drops CME, Crypto.com with In-House Exchange DKeX
DraftKings' new DKeX exchange replaces CME and Crypto.com, keeping trading fees in-house. Regulatory edge in 18 states faces legal challenges. Volume at $216M weekly but far behind Kalshi.
a16z: South Korea's Crypto Market Moves to Stablecoins, RWA
Korean banks, card networks, and platforms build stablecoin and RWA infrastructure ahead of regulation, per a16z. The battle for distribution and issuance is on before the rules arrive.
Tokenized Deposits: The 3.4% vs. 21% Inflection Banks Can't Ignore
Only 3.4% of top banks have tokenized deposits live. By 2027, 21% will. For the rest, the race to stay relevant in digital money is just beginning.
Securitize Sues tZERO as Tokenization Patent War Escalates
Securitize sues tZERO over patent infringement claims, escalating a dispute that could reshape tokenized asset infrastructure and impact Wall Street partners like BlackRock and ICE.
Why Wall Street Is Building Its Own Settlement Rails
JPM, Citi, Mastercard test stablecoin and tokenized deposit rails. DTCC tokenization service with 50 firms starts in July. The H1 2027 bank network target will settle which format wins.
Coinbase Tokenized Stocks: What 1:1 Backing Means for Traders
Coinbase claims 1:1 backing for tokenized NVDA, MSTR, and SpaceX shares. After the SpaceX IPO tokenization failed, can this product deliver? AlphaScala breaks down the mechanism.
ECB's Lagarde Rejects Euro Stablecoins, Backs Digital Euro
ECB President Lagarde says euro stablecoins are structurally fragile and pushes digital euro as the only credible path, with pilot not expected until 2027.
Nvidia's $20B Bond Sale Signals AI Buildout, Miners Chase the Shift
Nvidia's $20B bond sale funds AI infrastructure. Bitcoin miners pivot to data centers, securing $70B in AI commitments. Bernstein sees IREN leading the shift.
Bitget's Nvidia Perp Hits 75% of BTC Spot Liquidity Depth
Bitget's Nvidia perpetual contract reached $4.1M in resting liquidity, about 75% of the exchange's BTC spot depth. The report also tracked how tokenized markets held up during the U.S.-Iran conflict.
July 4 Crypto Bill Deadline Puts Policy Risk Front and Center
A White House official said the administration is making progress toward a crypto bill by July 4. Bitcoin ETF flows remain supportive, but Ethereum ETFs lag. The three-week window is the most binary policy catalyst in months.
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...