The Big Analysis
The latest flare-up in Middle East tensions has once again underscored a structural lag in traditional commodities markets when geopolitical shocks hit. Over a weekend marked by strikes on energy infrastructure and rising tensions in the Strait of Hormuz, oil went through a sharp bout of price discovery that closed,
The Big Analysis
The Bitcoin mining sector is currently navigating a period of significant volatility. For over a month, profitability has remained in the red; production costs now frequently exceed generated revenue, placing operators under genuine financial strain. Between the recent price correction and the reduction in block rewards following the last halving,
The Big Analysis
Circle reached a symbolic milestone this week at its latest earnings call. The company beat sales forecasts by 2.8% in Q4, posting sales of $770 million, $21 million above consensus. But it was on net profitability that the biggest surprise came: earnings per share (EPS) came in at $0.
The Big News
This is yet another signal that "institutional DeFi" tolerates no risk management errors. MEV Capital, a central player in the sector, is going through a major existential crisis. The breaking point dates back to October 10th, when deUSD (the stablecoin issued by Elixir) suddenly lost its peg to
The Big Talk
The Big Whale: You raised €25 million in September 2025, with PayPal among the investors In concrete terms, what has this enabled you to do? Mounir Laggoune: Initially, we really asked ourselves the question: are we building a bootstrap, self-sufficient company, or are we getting into a fundraising rationale? Our
The Big Analysis
Analysis of the market structure at the end of February reveals a basic trend: persistent stagnation, punctuated by episodes of technical volatility. Despite an attempt to break below the critical support of $65,000, Bitcoin was quickly bought back, confirming the importance of this threshold for traders. Fragmented and reactive
The Big Analysis
The last quarter left no room for ambiguity: market sentiment towards digital assets remains lacklustre. But it is for Digital Asset Treasuries (DATs) that the storm is most violent. While Bitcoin accumulation strategies are still putting up resistance, the market valuations of these players remain heavily depressed. What's
The Big Analysis
The last quarter left no room for ambiguity: market sentiment towards digital assets remains lacklustre. But it is for Digital Asset Treasuries (DATs) that the storm is most violent. While Bitcoin accumulation strategies are still putting up resistance, the market valuations of these players remain heavily depressed. What's
The Big News
The soap opera surrounding the takeover of Exaion, EDF Group's high-performance computing (HPC) subsidiary, by US Bitcoin mining giant Mara, is entering a decisive phase. After months of negotiations, political controversy and debates over energy sovereignty, the deal is approaching its tipping point. As we revealed last week,
The Big Analysis
It has been a week of procrastination for the crypto-asset market. After hitting a low of $59,930 on 6 February, Bitcoin appears to have traded in its legendary volatility for a narrow consolidation phase, hovering between $60,000 and $70,000. Despite an attempted $10,000 bounce, the buying
The Big Talk
The Big Whale: To begin with, could you remind us how the Digital Asset adventure came about? We're talking about a company that's already a decade old, which is an eternity in this ecosystem. Simon Letort: That's right, Digital Asset has been around for
The Big Analysis
Key takeaways * Launched in July 2024, Canton listed its token on the main exchange platforms in November 2025. * During this seed phase, institutional participants in the ecosystem built up significant token positions. * Canton benefits from the support of major players in traditional finance, who are simultaneously acting as strategic investors