Research on the crypto industry, its value chains, and the projects behind the tickers.
Figure 03, Tesla Optimus, 1X NEO and Boston Dynamics Atlas, compared on the only number that matters in 2026: units actually built versus capacity announced.
InsightsBoth put bitcoin exposure in a brokerage account. One is a passive trust charging 0.25%. The other is a residual equity claim sitting behind $22 billion of senior securities — and in 2026 that stopped being a theoretical distinction.
InsightsUSDT holds 59% of stablecoin supply; USDC leads on transfer volume. A side-by-side look at market share, reserves, regulation and issuer economics as of August 2026.
InsightsBTC and ETH keep their golden-cross backbone as turnover thins on the long tail.
InsightsA look back at stretches where Coinbase traded under Binance, and what tended to follow.
InsightsMapping the current tape against past compression-then-expansion phases.