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Independent, referenced coverage of the companies shaping crypto, from exchange listings and stablecoin regulation to security failures and real-world-asset ventures. We publish both the promising and the troubling, always with sources.

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A single dominant neon bar towering over smaller bars on a dark data grid, representing treasury concentration in the tokenised asset market
Neutral
Markets

Why tokenised treasuries now dominate the real-world-asset market

Tokenised treasuries and money-market funds account for 10 of the 22 programmes in our RWA tracker and the overwhelming majority of value on-chain. The reason is regulatory, not technological, and the concentration carries a cost.

Lena Whitfield
Compliant automated market maker with tokenised stocks and securities on a neon order book
Positive
Markets

IX Swap: the small-cap AMM solving liquidity for tokenised securities

A positive CryptoxInsights review of IX Swap: a compliant AMM for tokenised securities, wallet-level whitelisting, and a credible attempt to solve secondary liquidity for private-market tokens.

Tomas Reyes
Glowing Ethereum crystal over a blockchain grid representing the Fusaka network upgrade
Positive
Markets

Ethereum's Fusaka upgrade lands, cutting L2 data costs and lifting validator limits

Ethereum's Fusaka hard fork went live in July 2026, expanding blob capacity for rollups via PeerDAS and further tuning the validator set. Layer-2 fees dropped sharply within hours of activation.

Emma Lindqvist
Trading chart representing US spot bitcoin ETF flows
Positive
Markets

Bitcoin ETF flows flip positive after prolonged outflows, led by Fidelity and ARK

US spot bitcoin ETFs returned to net inflows after a prolonged outflow streak, with Fidelity's FBTC and ARK's ARKB leading the recovery even as bitcoin traded in a tight band around $64,000.

Hannah Weiss
Golden crypto token symbolising a crypto company entering mainstream indices
Positive
Markets

Coinbase becomes the first cryptocurrency exchange to join the S&P 500

On 19 May 2025 Coinbase became the first crypto exchange added to the S&P 500, replacing Discover Financial and cementing digital assets' place in mainstream portfolios.

Marcus Feld
Golden digital coin representing a stablecoin company's public listing
Positive
Markets

Stablecoin issuer Circle raises $1.05 billion in an upsized IPO and doubles on debut

Circle, the issuer of USDC, priced its upsized IPO at $31 to raise $1.05 billion, then surged around 168% on its NYSE debut, one of the standout crypto listings of 2025.

Sofia Marchetti
Golden coin representing a crypto exchange's stock market listing
Positive
Markets

Winklevoss-founded Gemini raises $425 million and pops on its Nasdaq debut

Gemini Space Station, the Winklevoss twins' crypto exchange, raised $425 million in its IPO priced at $28 and rallied on its Nasdaq debut, part of a wave of 2025 crypto listings.

Marcus Feld
Trading chart and blockchain graphic representing a crypto firm's Nasdaq listing
Positive
Markets

Mike Novogratz's Galaxy Digital debuts on the Nasdaq in a bumper week for crypto

Galaxy Digital moved its listing to the Nasdaq via a direct listing in May 2025, opening at $23.50, after a drawn-out SEC process, and positioned itself around crypto and AI infrastructure.

Marcus Feld
Neon bitcoin symbol above a rising market chart on a dark blue grid
Neutral
Markets

Bitcoin trades the rate path as August policy expectations swing

Bitcoin's August trading has tracked shifting expectations for the next policy decision more closely than any crypto-native catalyst, with options positioning clustered around the meeting date and spot volumes thinning between it.

Hannah Weiss
Glowing candlestick chart flowing into a neon vault door
Positive
Markets

Solana exchange-traded products draw steady inflows as the altcoin ETP field widens

Exchange-traded products tracking Solana have accumulated inflows in a steadier, smaller-ticket pattern than the bitcoin funds did at the same stage, suggesting allocation through model portfolios rather than tactical trading.

Hannah Weiss
Glowing Ethereum crystal on a circuit-board platform
Positive
Markets

Staked ether products clear their last regulatory hurdle

Regulatory clearance for staking within exchange-traded ether products introduces reward pass-through alongside slashing exposure and redemption-liquidity mismatch that plain spot funds avoid.

Emma Lindqvist
Glowing Ethereum crystal on a circuit-board platform
Neutral
Markets

Rollup fees collapse, and the business model question gets sharper

Expanded data availability has driven layer-2 transaction fees to negligible levels, cutting sequencer revenue and reopening the question of how rollups fund themselves long term.

Oliver Grant
Rows of glowing servers connected to a neon network mesh
Neutral
Markets

Decentralised compute networks meet real AI demand, and the metrics get testable

Decentralised GPU networks are reporting paid workloads rather than pilots, making utilisation rates and paid inference hours the metrics that separate genuine demand from emissions-funded activity.

Oliver Grant
Rows of glowing servers connected to a neon network mesh
Neutral
Markets

Bitcoin miners pivot toward power contracts and hosted compute

Compressed hashprice has pushed listed bitcoin miners to monetise grid interconnection and power contracts through hosted compute, diversifying revenue away from block rewards.

Oliver Grant