Why You Should Care (Even If You Hate Macro) Central-bank liquidity is the WD-40 of the world economy.Too much → asset bubbles.Too little → seized pistons (and your date ghosts you). Track the flow and you front-run the pop or the crash.2020-2025 in Four StagesDeluge (2020-2021) – ZIRP + record QE + US$16 trn fiscal bazooka – Global M2 growth fastest since WWIIDry-Out (2021-2022) – 500 bp rate hikes, QT starts, pandemic aid expires – 2022 = worst bond year ever (-17 %)Plateau (2022-2024) – Po...

Beyond the Retail Market: Why Institutional-Level Services Are the New Frontier This report, authored by Tiger Research, examines the positioning of Maple Finance as an on-chain asset management platform and its strategic opportunities within the evolving crypto institutional market. As institutional investors increasingly enter the cryptocurrency market, the demand for asset management solutions that meet traditional financial standards is on the rise. Maple Finance has emerged to fill this ...

Why You Should Care (Even If You Hate Macro) Central-bank liquidity is the WD-40 of the world economy.Too much → asset bubbles.Too little → seized pistons (and your date ghosts you). Track the flow and you front-run the pop or the crash.2020-2025 in Four StagesDeluge (2020-2021) – ZIRP + record QE + US$16 trn fiscal bazooka – Global M2 growth fastest since WWIIDry-Out (2021-2022) – 500 bp rate hikes, QT starts, pandemic aid expires – 2022 = worst bond year ever (-17 %)Plateau (2022-2024) – Po...

Beyond the Retail Market: Why Institutional-Level Services Are the New Frontier This report, authored by Tiger Research, examines the positioning of Maple Finance as an on-chain asset management platform and its strategic opportunities within the evolving crypto institutional market. As institutional investors increasingly enter the cryptocurrency market, the demand for asset management solutions that meet traditional financial standards is on the rise. Maple Finance has emerged to fill this ...

A Historic First: GDP Data Enters the Blockchain Era On the evening of August 28, 2025, the U.S. Department of Commerce announced a watershed decision: beginning with the July 2025 release, Gross Domestic Product statistics will be published on-chain. The move makes the United States the first nation whose federal government puts core macro-economic data on a public blockchain, guaranteeing immutability and open verifiability. The Department’s press release left no doubt about the motive: “We...

A Historic First: GDP Data Enters the Blockchain Era On the evening of August 28, 2025, the U.S. Department of Commerce announced a watershed decision: beginning with the July 2025 release, Gross Domestic Product statistics will be published on-chain. The move makes the United States the first nation whose federal government puts core macro-economic data on a public blockchain, guaranteeing immutability and open verifiability. The Department’s press release left no doubt about the motive: “We...

Two of the Ethereum establishment’s heaviest hitters—Tom Lee, CEO of BitMine Immersion Technologies and custodian of the world’s largest corporate ETH treasury, and Joseph Lubin, co-founder of Ethereum and chairman of SharpLink Gaming—have recently turned their attention to the veteran memecoin project Book of Ethereum (BOOE). Their public interest has reignited market curiosity in a token that first launched in April 2024 and has since wrapped itself in quasi-religious lore. --- A Bible for ...

Two of the Ethereum establishment’s heaviest hitters—Tom Lee, CEO of BitMine Immersion Technologies and custodian of the world’s largest corporate ETH treasury, and Joseph Lubin, co-founder of Ethereum and chairman of SharpLink Gaming—have recently turned their attention to the veteran memecoin project Book of Ethereum (BOOE). Their public interest has reignited market curiosity in a token that first launched in April 2024 and has since wrapped itself in quasi-religious lore. --- A Bible for ...

AI will never catch up with or replace humanity, because it is fundamentally different from us. Machines do not evolve as we do; their “intelligence” will forever be only a subset of the vast cognitive universe we inhabit. This boundary is not technical—it is philosophical. The Illusion of the Singularity A growing chorus insists that artificial intelligence will one day surpass us entirely. Models like ChatGPT already draft essays, analyze data, solve problems, and mimic conversation. Some c...

AI will never catch up with or replace humanity, because it is fundamentally different from us. Machines do not evolve as we do; their “intelligence” will forever be only a subset of the vast cognitive universe we inhabit. This boundary is not technical—it is philosophical. The Illusion of the Singularity A growing chorus insists that artificial intelligence will one day surpass us entirely. Models like ChatGPT already draft essays, analyze data, solve problems, and mimic conversation. Some c...

Liquidation and settlement are the "destiny" that exchanges and every trader must face sooner or later. If opening a position is the beginning of a relationship, filled with emotions, beliefs, and illusions; then closing a position is the end of that story, whether willingly or reluctantly. In fact, forced liquidation is a "thankless task" for exchanges. Not only does it offend users, but a single misstep can easily drag the exchange itself into trouble—and no one will pity it when that happe...

Liquidation and settlement are the "destiny" that exchanges and every trader must face sooner or later. If opening a position is the beginning of a relationship, filled with emotions, beliefs, and illusions; then closing a position is the end of that story, whether willingly or reluctantly. In fact, forced liquidation is a "thankless task" for exchanges. Not only does it offend users, but a single misstep can easily drag the exchange itself into trouble—and no one will pity it when that happe...

The advancement of three key bills has fundamentally injected certainty into the crypto industry and positioned the U.S. as a frontrunner in the global crypto competition. Author: Paul Veradittakit, Partner at Pantera Capital Compiled by: Saoirse, Foresight NewsSummaryThe GENIUS Act has been signed into law, establishing unified standards for stablecoin issuance and reserves.The CLARITY Act, passed by the House, clarifies the regulatory jurisdictions of the SEC and CFTC over digital assets an...

The advancement of three key bills has fundamentally injected certainty into the crypto industry and positioned the U.S. as a frontrunner in the global crypto competition. Author: Paul Veradittakit, Partner at Pantera Capital Compiled by: Saoirse, Foresight NewsSummaryThe GENIUS Act has been signed into law, establishing unified standards for stablecoin issuance and reserves.The CLARITY Act, passed by the House, clarifies the regulatory jurisdictions of the SEC and CFTC over digital assets an...

The cryptocurrency market has experienced a significant pullback over the past two days, with Ethereum (ETH) leading the decline. ETH briefly fell below $4,100, recording a cumulative drop of over 8% within 48 hours—nearly erasing all gains from the previous week. Bitcoin (BTC) touched a low of $112,500, while other major cryptocurrencies and high-beta altcoins generally declined by 7%–10%. Market Performance In the derivatives market, liquidations totaled $452 million over 24 hours, with ETH...

The cryptocurrency market has experienced a significant pullback over the past two days, with Ethereum (ETH) leading the decline. ETH briefly fell below $4,100, recording a cumulative drop of over 8% within 48 hours—nearly erasing all gains from the previous week. Bitcoin (BTC) touched a low of $112,500, while other major cryptocurrencies and high-beta altcoins generally declined by 7%–10%. Market Performance In the derivatives market, liquidations totaled $452 million over 24 hours, with ETH...

Revenue & Volume: Steady Year-over-Year Growth Despite Seasonal Slowdown Kraken’s second-quarter revenue reached $412 million, an 18 % increase year-over-year, while adjusted EBITDA stood at $80 million. Total trading volume for the quarter was $186.8 billion, up 19 % on last year. Although volumes dipped quarter-over-quarter—typical for Q2 across the industry—Kraken continued to expand its share of the spot market, driven by deeper liquidity in stablecoins (share rising from 43 % to 68 %) an...

Revenue & Volume: Steady Year-over-Year Growth Despite Seasonal Slowdown Kraken’s second-quarter revenue reached $412 million, an 18 % increase year-over-year, while adjusted EBITDA stood at $80 million. Total trading volume for the quarter was $186.8 billion, up 19 % on last year. Although volumes dipped quarter-over-quarter—typical for Q2 across the industry—Kraken continued to expand its share of the spot market, driven by deeper liquidity in stablecoins (share rising from 43 % to 68 %) an...

Last week the former—and perhaps future—president signed an executive order allowing 401(k) retirement plans to allocate capital to a broader menu of assets: private equity, real-estate trusts, and, for the first time, crypto. Up to US $8.7 trillion in retirement savings could now flow into digital assets. The move is seismic for both pensions and crypto, yet the market reaction was oddly muted: Bitcoin barely budged, while Ethereum ripped higher. Understanding the 401(k) Behemoth To grasp wh...

Last week the former—and perhaps future—president signed an executive order allowing 401(k) retirement plans to allocate capital to a broader menu of assets: private equity, real-estate trusts, and, for the first time, crypto. Up to US $8.7 trillion in retirement savings could now flow into digital assets. The move is seismic for both pensions and crypto, yet the market reaction was oddly muted: Bitcoin barely budged, while Ethereum ripped higher. Understanding the 401(k) Behemoth To grasp wh...