Research

Bitcoin’s bull score index has just moved into neutral territory for the first time since BTC peaked above $126,000, signaling a possible shift in market structure but also carrying historical warning signs of false reversals. The index now shows bearish signals as Bitcoin trades near $77,605. The price action is still struggling to build a clear trend. Bitcoin continues to lose momentum quickly in this price range. In this uncertain setup, investors are beginning to question whether simply holding BTC…

Best Market Intelligence & Data Platform is an award category within The BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset excellence across 26 categories and six pillars. This category sits in Pillar 3: Access to Digital Assets. The 15 companies below are its longlist, drawn from data platforms serving institutional crypto intelligence workflows between April 2025 and March 2026. A shortlist will be named in May 2026, and the winner will be announced at Proof of Talk…

MicroStrategy Inc. (MSTR) now holds 815,061 Bitcoin (BTC), surpassing BlackRock’s iShares Bitcoin Trust (IBIT) as the single largest Bitcoin holder. The company purchased 34,164 BTC for roughly $2.54 billion between April 14 and April 20. IBIT currently holds approximately 806,178 BTC. MicroStrategy’s 815,061 BTC and Counting Alex Thorn, Head of Firmwide Research at Galaxy Digital, highlighted the crossover this week. He shared a chart showing Strategy’s holdings trending toward Satoshi Nakamoto’s estimated 1.096 million BTC. “Strategy (MSTR), a single company,…

The $3 trillion crypto industry’s compliance infrastructure runs on a small group of RegTech firms. From blockchain analytics and travel rule networks to KYC, sanctions screening, and government intelligence, these companies allow institutions to operate in digital assets under regulatory scrutiny.  Here are the 15 companies holding digital asset compliance together in 2026. EntryCompanyFounded · HQKey PeopleScale & FundingCore CapabilitySignature Matter1Chainalysis2014 · New YorkMichael Gronager (CEO)Jonathan Levin (Co-founder, CSO)$8.6B valuation; 763 employees$537M+ raised (Accel, GIC, Blackstone, BNY)Blockchain analytics, investigations, KYTStandard…

Grayscale has declared Bitcoin’s (BTC) bear-market floor, arguing the asset bottomed in the $65,000 to $70,000 range. The call runs counter to a wider consensus that places the low later in 2026. Zach Pandl, head of research at Grayscale, said recent buyers have returned to breakeven after Bitcoin climbed more than 20% from its February 5 low near $63,000. Grayscale’s On-Chain Case for a Bitcoin Bottom Grayscale’s thesis rests on a metric called realized price, which averages a coin’s cost…

The approaching mega-IPO cycle will function as a transient liquidity absorber across risk assets before post-lockup wealth recycling produces a net positive medium-term impulse for both equities and crypto. SpaceX, OpenAI, and Anthropic carry a combined valuation of $2.8T to $3T, with SpaceX alone expected to raise $50B – $70B in coming months, which already exceed the entire 2025 U.S. IPO market capital raises $44B in a single transaction. Mega-IPOs are a late-cycle sentiment gauge, not a reliable market-top signal,…

AI Agents are evolving from passive assistants into active economic participants. This report is structured into six chapters, systematically examining the core infrastructure stack, the explosion of application ecosystems, and the evolving industry landscape of the Agent economy. At the macro level, it analyzes the market outlook for Agentic Commerce and identifies key infrastructure gaps. At the protocol layer, it provides an in-depth analysis of three complementary protocols: x402, ERC-8004, and Virtuals Protocol. At the application layer, it uses OpenClaw…

Crypto treasury firm Trend Research has sharply reduced its Ether position following the recent market downturn, moving large amounts of ETH to exchanges as it works to service outstanding debt. Key Takeaways: Trend Research sold over 400,000 ETH and moved large holdings to exchanges to manage debt after the price drop. Ether’s nearly 30% weekly decline pushed leveraged positions close to liquidation thresholds. The downturn is also hitting other corporate ETH treasuries, highlighting risks of concentrated crypto holdings. Blockchain data…

A major sell-off swept through crypto markets in the last few days, pushing Bitcoin (BTC) to its lowest price since November 2024. According to analysis from Binance Research, the move was triggered by news that Kevin Warsh had been nominated to chair the Federal Reserve, with markets interpreting his historical stance as a sign of aggressive liquidity tightening, forcing widespread deleveraging. However, Binance Research suggested the reaction may be overblown, as physical constraints in the financial system could prevent the…