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Blockworks

NOT RATED

30 current headlines from Blockworks.

Venezuela’s sanctions are stablecoins’ proof of concept

Banned from the dollar system, the country uses digital dollars instead

Jan 7

The Strategy playbook looks different in 2026

The treasury company now holds 673,783 BTC, but flow is more likely to be episodic in this year’s financial climate

Jan 6

Ranger’s ICO starts today, and MetaDAO eyes a reset

Ranger’s Jan 6–10 sale could re-accelerate MetaDAO volumes and revenue

Jan 6

ETH derivatives reset and the next retail trade

ETH derivatives show a disciplined rebuild of risk, with rising open interest pointing to healthier leverage

Jan 5

Friday charts: Finding good news, in spite of bad headlines

2025 was far from perfect, but much better than we think it was.

Jan 2

DePIN and crypto gaming led a surprising end-of-year rebound

BTC finished the week up 1.6%, while L2s, RWAs and the treasury trade continued to grind lower

Jan 2

Canton’s $6T RWA rails and Lighter’s Hyperliquid multiple

DTCC moves DTC-custodied Treasuries onchain via Canton, while Lighter’s LIT launches trading at a fees multiple in Hyperliquid territory

Jan 1

The long wait for crypto’s “coffee pot” moment

In the 90s, rapt audiences worldwide watched a coffee pot — will that fascination ever turn to crypto?

Jan 1

Failure is an option in crypto finance

Some systems improve by failing — and crypto has no choice

Jan 1

Yield Basis is making native BTC yield a reality

Yield Basis introduces an IL-free AMM design that already dominates BTC DEX liquidity

Dec 31, 2025

Users are the best investors to have

Maybe tokenholders don’t need the rights that corporate shareholders have come to expect

Dec 31, 2025

A sleeper in the perps category

As Hyperliquid and Lighter battle for perps DEX dominance, Boros could capture the structural upside

Dec 30, 2025

The old story of investing in new technology

Investors are often right about the future, but wrong about the returns

Dec 30, 2025

2025 Reflections

A look back at 2025, reflections on our industry, and what it means for Blockworks in 2026

Dec 30, 2025

The perps wars are heating up

Hyperliquid’s weekly volume trails newer rivals as a Lighter airdrop looms

Dec 29, 2025

Gold and silver won 2025

Gold is having its best year since 1979, while many DeFi names are trading near multi-year lows

Dec 26, 2025

Maple’s fundamentals are driving outperformance

Maple is outperforming peers on growth, yield, and revenue — while benefiting from limited supply overhang and clear value accrual

Dec 23, 2025

The incredible, incomprehensible, possibly impossible world of trillion-dollar tech valuations

Will mega-unicorns collectively earn the trillions of dollars of revenue required to justify their valuations?

Dec 22, 2025

The year new tokens died

2025 saw a huge compression in the valuation of new tokens, with the steepest losses in infrastructure and gaming

Dec 22, 2025

Grinch rally: Crypto indices track lower through the week

The AI sector was the top loser on the week, trading down -26%

Dec 19, 2025

A holiday guide to explaining crypto to your relatives

Spoiler alert: talking about crypto to normies is still really hard

Dec 19, 2025

Coinbase embeds Solana trading

The platform turns to onchain rails for Solana assets while crypto M&A and fundraising surge to cycle highs

Dec 19, 2025

Robinhood’s leap shows the prediction-market arms race is underway

Robinhood is pushing deeper into high-margin market design, joining competitors like Kalshi and DraftKings

Dec 18, 2025

The competitive advantage of not knowing you’re wrong

When not knowing the odds improves your chances

Dec 18, 2025

The network is the innovation

What Thomas Edison actually invented — and what it tells us about the future of crypto

Dec 17, 2025

Another week, another MetaDAO advertisement

Meanwhile, recent acquisitions continue to neglect tokenholders

Dec 16, 2025

Capital gets selective

Unit economics inflect, institutional capital shows up onchain, and market structure continues to evolve

Dec 15, 2025

Friday charts: The many, many architects of AI

Throughout its billions of searches, Google’s goal has always been to train and hone its algorithms

Dec 12, 2025

BTC is up and L1s are down as flows turn messy again

The Nasdaq slipped yesterday after disappointing Q3 revenue from Oracle

Dec 12, 2025