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BTC$67,432.18+2.34%ETH$3,521.44+1.08%SOL$178.62-0.62%BNB$612.30+0.41%XRP$0.6234-0.18%ADA$0.4521+3.12%DOGE$0.1623+1.86%AVAX$38.71-1.24%LINK$17.84+0.92%HOGE$0.00004120+4.21%
BTC$67,432.18+2.34%ETH$3,521.44+1.08%SOL$178.62-0.62%BNB$612.30+0.41%XRP$0.6234-0.18%ADA$0.4521+3.12%DOGE$0.1623+1.86%AVAX$38.71-1.24%LINK$17.84+0.92%HOGE$0.00004120+4.21%
Author

Liam Brennan

12 stories on this beat
BITCOIN & LAYER-1S 9H AGO

The next Bitcoin halving: what the 2028 cut actually means for miners and price

Block 1,050,000 lands around April 2028, cutting the subsidy from 3.125 BTC to 1.5625 BTC. Daily issuance falls to 225 BTC. Here…

CULTURE & LONG-READS 9H AGO

How to read a crypto whitepaper without being fooled

The Bitcoin whitepaper is nine pages. Most modern whitepapers are 60-page marketing decks dressed in LaTeX. Here is the strategist's checklist for…

MARKETS 9H AGO

What is a perpetual future? Funding, leverage, and liquidation, explained

Perpetual futures account for over 75% of crypto derivatives volume. They have no expiry, use a funding rate to anchor to spot,…

MARKETS 9H AGO

How crypto ETFs actually work — spot, futures, and why the difference matters

Spot Bitcoin ETFs hold actual BTC in custody. Futures ETFs hold rolling CME contracts. The basis between them costs investors 4-8% a…

BITCOIN & LAYER-1S 9H AGO

What is Bitcoin? A no-hype explainer for 2026

Bitcoin in 2026 is a $1.3T monetary asset with a fixed 21M cap, 10-minute blocks, and a halving every 210,000 blocks. Here…

MACRO & TRADFI 1D AGO

Japan’s carry-trade unwind is not done. The yen tells you when.

USDJPY at 157.20 is 4 yen from the MOF's implicit intervention threshold. With Ueda's BoJ signalling October hike, the carry-trade unwind that…

MACRO & TRADFI 1D AGO

The ECB is privately split on the next 25bp. The June dot is the tell.

Lagarde, Lane, and Stournaras lean dovish on a July cut; Schnabel, Holzmann, and Nagel hold the hawkish line. The June staff projections…

MACRO & TRADFI 1D AGO

BlackRock’s tokenised T-bill product crossed .4bn. The fixed-income desk noticed.

BUIDL crossed $1.4bn in AUM Tuesday, growing $312m in May alone. The underlying is plain-vanilla short T-bills, but the wrapper is the…

BITCOIN & LAYER-1S 1D AGO

The next BTC halving is 312 days out. The miner stress test starts now.

312 days to the 5th BTC halving. Subsidy drops 3.125 to 1.5625 BTC at block 1,050,000. CleanSpark, Riot, and Marathon will all…

MARKETS 1D AGO

The dollar curve compressed 12bp. Here’s why the bid is on duration.

The 2s10s flattened 12bp on Tuesday's $42bn 7-year auction, with the long end leading. Term premium is back negative for the first…

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