Research Reports
CLARITY Act: US crypto legislation put on hold
The future of US crypto regulation is now in the hands of the authorities and has an expiry date.
Between market cycles and structural change
Why the sense of doom in the summer of 2026 was no more a fundamental assessment than the rally in August is a fundamental acceleration.
Strategy: When does the largest Bitcoin buyer become a risk?
The Bitcoin treasury model is coming under increasing pressure and requires new models.
