Research & Insights
Data-driven crypto analysis and market notes, published by Clashware Sàrl, Lausanne.
Bitcoin Equity Research: A Four-Test Framework for 2026
Bitcoin equity research needs different evidence than stock analysis. Use four tests to assess BTC's rules, security, liquidity, and custody risk.
Bitcoin ETFs Cross $100 Billion as Institutional Capital Reshapes the Market
U.S. spot Bitcoin ETFs surpass $103B in total assets as BTC reclaims $81K. Breaking down the flows, the players, and what it means for the next phase.
Best Crypto to Buy in May 2026: Top 8 Picks
Top 8 cryptocurrency picks for May 2026 ranked by STRICT score. Covers LINK, UNI, ETH, HYPE, BTC, AAVE, GNO, and SOL with risk levels.
Bitcoin BIP-361: Freeze 6.7M BTC to Stop Quantum Theft?
BIP-361 proposes freezing quantum-vulnerable Bitcoin wallets over five years, affecting 6.7M BTC. The debate splits the community over security vs property rights.
The PARITY Act: What US Crypto Tax Reform Means for You
Congress re-introduced the PARITY Act to overhaul crypto taxation. Here's what stakers, miners, traders, and stablecoin users need to know about the biggest changes.
Crypto Whale Short Positions Surge as Fear Index Hits Low
Funding rates stay negative for three weeks, large transactions drop 69%, and the Fear Index touches 8. On-chain data shows what whales are doing.
Crypto's Biggest Week: Bitcoin 2026, Schwab, and FOMC Collide
Late April brings three market-moving events in one week: Bitcoin 2026 conference, Schwab spot trading, and a critical FOMC meeting. What to watch.
Best Crypto to Buy April 2026? 7 STRICT-Scored Picks
Seven cryptocurrencies ranked by StrictScore's STRICT fundamental score for April 2026, with risk levels and price context, plus sourced updates on five catalysts.
Lightning Network Hits 4M Merchants: Bitcoin Payments
Square enables Bitcoin Lightning payments for 4 million merchants by default. USDT goes live on Lightning Network and Kraken gets Fed access.
Bitcoin Whales Added 270,000 BTC: What the Squeeze Delivered
Bitcoin whales added hundreds of thousands of coins in the recovery from February's low, and exchange reserves fell toward an 8-year low. What it produced.
March 2026
Morgan Stanley Bitcoin ETF: Why Banks Are All In on Crypto
Morgan Stanley filed for a spot Bitcoin ETF as the first major US bank to enter. With SEC/CFTC classifying 16 cryptos as commodities, institutional adoption accelerates.
The 20 Millionth Bitcoin: What Shrinking Supply Means for Investors
On March 10, Bitcoin hit 20 million coins mined. With only 1 million left and ETF demand 5x mining output, here is what the supply math tells us.
U.S. Quadruple Witching Ended in 2020: Deribit vs CME
In the U.S., quadruple witching stopped being accurate in 2020. What's still called that is triple witching, and neither Deribit nor CME has that structure.
FTX's $2.2B Creditor Payout: What It Means for Crypto Markets
FTX Recovery Trust distributes $2.2B on March 31, bringing total payouts to $10B. We analyze how this liquidity event could affect Bitcoin and altcoins.
Altcoin Capitulation Hits 38% at All-Time Lows: What History Says
38% of altcoins are at all-time lows, surpassing the FTX collapse. On-chain data and cycle analysis reveal what typically follows extreme capitulation.
Crypto's Q1 2026 Report Card: Winners, Losers, and What Q2 Holds
Bitcoin dropped 21% in Q1 2026 while total market cap fell from $4.3T to $2.2T. We break down the data, sector performance, and what it signals for Q2.
Quantum Threat to Bitcoin: Is $483B in BTC at Risk?
ARK Invest warns 34.6% of Bitcoin supply faces quantum threats. Here's what investors need to know about the timeline, solutions, and how to protect your crypto.
Fed's March 2026 Hawkish Hold: Bitcoin Fell 5%
The FOMC held rates on March 18 and Powell's hawkish tone coincided with a Bitcoin selloff. No rate cut came through five consecutive holds by July 29.
Bitcoin Custody Race: Wall Street Banks Build Crypto Vaults
Morgan Stanley, Citi, and major banks race to launch Bitcoin custody services in 2026. What this infrastructure push means for institutional adoption.
February 2026
Bitcoin Fear & Greed Hit 5, Tying Its All-Time Low
Bitcoin's Fear & Greed Index tied its all-time low of 5 in February 2026. Priced from Bitcoin's Feb 6 price low, Bitcoin is up about 0.1% six months later.
Crypto's $12B Deleveraging: What February's Futures Unwind Means
Bitcoin futures open interest dropped 20% in days. Here's what the largest crypto deleveraging since 2022 signals for markets.
January 2026
Crypto's Retail-Institutional Divergence: The 2026 Paradox
Google searches hit 12-month lows while ETFs absorb $2.17B weekly. We analyze crypto's retail-institutional divergence.
Bitcoin Layer 2 2026: Lightning Falls 32% From Its ATH
Lightning Network capacity fell 32% since its December 2025 peak; ecosystem-wide BTCFi held near 91,332 BTC as of May 2026. Data on Lightning, Stacks and RSK.
Bitcoin's Quantum Problem: Why BTQ's Testnet Launch Matters
6.26 million BTC face quantum computing risks. BTQ Technologies just launched the first quantum-safe Bitcoin fork. Here's what investors need to know.
Bitcoin's $100K Wall: Why Record ETF Inflows Haven't Broken Resistance
Record $754M ETF inflows signal institutional interest, but Bitcoin remains stuck below $100K. We analyze what's really holding BTC back.
SEC-CFTC Cooperation 2026: How Regulatory Unity Reshapes Crypto
For the first time, SEC and CFTC work together on crypto regulation. Learn what this historic shift means for investors and sectors.
Crypto Week Ahead: January 12-18, 2026 Market Outlook
Key events, catalysts, and price levels to watch as Bitcoin stabilizes above $90K and regulatory clarity approaches. Your complete guide to the week ahead.
Bitcoin DeFi's $6 Billion Question: Why BTCFi Needs More Than Wrapped BTC
Explore the Bitcoin DeFi ecosystem's critical moment as sBTC launches, Babylon surges, and L2s compete for BTC capital.
Bitcoin ETF Flows 2026: The Bottom Call That Missed
Bernstein called a Bitcoin bottom near $80,000 after a $697M ETF inflow on Jan 5, 2026. ETFs posted $5.4B in H1 outflows; BTC traded near $62,800 by August.
Bitcoin Dominance Reversal Signals Altseason 2026 Breakout
Bitcoin dominance rejected at 59% with clear technical breakdown signals. On-chain metrics and historical patterns suggest the first genuine altseason since 2021 may be underway.
The Great Altcoin Reset: Why 2026 Won't Be Like 2017
Bitcoin dominance at 59%, Altcoin Season Index under 30. The old playbook is dead. Why that's good for serious investors.
The CLARITY Act: Why January 15 Could Change Everything for Crypto
The Senate Banking Committee hearing on January 15 could define crypto's regulatory future. Here's what the CLARITY Act means for Bitcoin, Ethereum, and your portfolio.
Crypto in 2026: Why This Year Could Break the Four-Year Cycle
2026 marks the dawn of institutional crypto adoption. Here is why experts believe the traditional four-year cycle may finally end.
December 2025
CFTC Tokenized Collateral: How Crypto Became Margin Asset
The CFTC's December 2025 pilot allows Bitcoin, Ethereum, and USDC as derivatives margin. Learn what this means for institutional capital efficiency and crypto adoption.
2025 Year-End Crypto Review: Key Lessons and 2026 Outlook
A comprehensive look at the defining trends of 2025, from institutional ETF adoption to regulatory progress, and what they signal for the year ahead.
Record $27B Crypto Options Expiry: Reversed Five Weeks Later
A record $27 billion in Bitcoin and Ethereum options expired on Deribit Dec 26, 2025. Bitcoin rallied, then reversed to $81,000 five weeks later.
Crypto Regulatory Outlook 2026: What SEC Fast-Track ETF Approvals Mean
The SEC's new fast-track listing standards reduce crypto ETF approvals to 75 days. Explore what regulatory clarity means for institutional access in 2026.
How to Navigate the December 2025 Crypto Market Downturn
Bitcoin dropped 30% from October highs as crypto enters extreme fear territory. Learn how experienced investors approach market downturns with proven strategies.
Why Institutions Are Buying Bitcoin While Prices Fall
Vanguard and BlackRock lead institutional Bitcoin accumulation despite 30% correction. Understanding the smart money thesis.
Bitcoin's Four-Year Cycle: What Fidelity's Warning Means for 2026
Fidelity's Jurrien Timmer turns bearish on Bitcoin, citing the four-year cycle. We analyze the data and what it means for 2026 investors.