Digital Asset Treasuries
Expertise
Liam 'Akiba' Wright Recent Articles
Derivatives
CME is launching a VIX style fear trade to Bitcoin. Now comes the hard part
CME’s BVI contract turns Bitcoin implied volatility into a regulated futures trade, giving institutions a way to hedge or bet on BTC turbulence without taking a direct price view.
Regulation
CLARITY Act will give crypto a new regulator before the CFTC has the staff to run it
The CLARITY Act would push crypto spot markets under the CFTC. The unresolved test is whether an agency down 21.5% in payroll FTEs can turn that mandate into rules, registrations, surveillance, and enforcement.
Digital Asset Treasuries
MSTR stock is beating Bitcoin, but another Strategy asset matters more now
MSTR has risen about 6.8% while Bitcoin is down about 12.5%, but STRC’s near-par trading may matter more for whether Strategy can keep financing BTC purchases through 2026.
Banking
A major bank just moved its stablecoin strategy into Wall Street’s hidden financing machine
Societe Generale is moving its bank-issued stablecoins toward Canton’s institutional repo, collateral, and settlement rails.
Hacks
THORChain exploit turns emergency chain halt into a DeFi trust test
A suspected multichain THORChain exploit and emergency halt have shifted attention from the immediate loss figure to DeFi’s cross-chain trust model.
Opinion
Apps will soon face the same death as print media as AI agents build personalized, verified software
Personal AI agents are turning software into verified, user-built systems where trust, identity, and execution define the next edge.
Analysis
Markets are moving toward a new global financial crisis. These are the tripwires that would confirm it
Bond yields and oil are already near stress levels, but a 2008-style break still needs confirmation from credit spreads, volatility, and financial conditions before Bitcoin faces its real macro test.
Exchanges
Kraken moves Bitcoin to Chainlink as bridge fears spread across DeFi
Kraken is rebuilding how Bitcoin moves through DeFi after the KelpDAO shock.
Macro
Global financial crisis fears grow as bond yields hit 1998 levels and Bitcoin drops below $80,000
Sovereign bond yields are nearing historic stress levels as inflation and energy shocks revive fears of a global financial crisis.
Macro
Bitcoin price just lost $80k because US PPI hit 6% matching 2022 levels, stoking inflation fears
Bitcoin faces a key macro price test as market structure weakens and traders watch support, liquidity, and ETF flows.
Macro
Bitcoin only has one path through 2026 because massive oil price contagion just spread to 8 major economies
Hormuz-driven oil stress is forcing policy shifts across 8 economies, leaving Bitcoin stuck between liquidity squeeze and support.
Macro
Washington insider warns US defeat in Iran now “likely” – adding a new macro risk for Bitcoin
Kagan’s warning links Iran’s Hormuz leverage to oil, rates, and a new Bitcoin macro risk.
