From Legitimacy to Architecture Institutions have stopped asking whether bitcoin is legitimate. With spot-ETF assets now above $50 billion and corporates issuing convertible bonds tied to bitcoin, the debate has shifted: How does bitcoin fit into the global financial stack? The emerging answer is bitcoinization—the financialization of bitcoin itself.Volatility as a Feature, Not a Bug Traditional finance still reflexively labels bitcoin “too volatile.” Strategy (formerly MicroStrategy) begs to...

From Legitimacy to Architecture Institutions have stopped asking whether bitcoin is legitimate. With spot-ETF assets now above $50 billion and corporates issuing convertible bonds tied to bitcoin, the debate has shifted: How does bitcoin fit into the global financial stack? The emerging answer is bitcoinization—the financialization of bitcoin itself.Volatility as a Feature, Not a Bug Traditional finance still reflexively labels bitcoin “too volatile.” Strategy (formerly MicroStrategy) begs to...

A potential U.S. government shutdown could delay the release of critical employment data, impacting Bitcoin traders' predictions about Federal Reserve interest rate cuts and amplifying short-term market volatility.Key PointsData Delays and Market Uncertainty: A shutdown would postpone key economic reports like employment data, forcing traders to navigate without crucial indicators for Fed policy direction.Mixed Historical Impact: Past shutdowns show varied effects on Bitcoin—a 14% price incre...

A potential U.S. government shutdown could delay the release of critical employment data, impacting Bitcoin traders' predictions about Federal Reserve interest rate cuts and amplifying short-term market volatility.Key PointsData Delays and Market Uncertainty: A shutdown would postpone key economic reports like employment data, forcing traders to navigate without crucial indicators for Fed policy direction.Mixed Historical Impact: Past shutdowns show varied effects on Bitcoin—a 14% price incre...