Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
340 documents
This March 2023 analysis evaluates Bitcoin’s rally through relative performance, correlations, volatility, derivatives positioning and on-chain supply measures. It argues that the advance appeared more tied to spot accumulation than leveraged futures…
The report uses PUMP’s pre-market trading and token sale to assess whether onchain venues can handle activity at a scale associated with centralized exchanges. It says Hyperliquid attracted more peak PUMP perpetual open interest than the two named…
This account of Ethereum’s 95th Consensus Layer developer call describes the final coordination work ahead of the Merge, which was expected the following week. With many Merge-ready client releases already published, developers said node operators had become…
This dated policy roundup surveys anticipated US and international decisions that could shape crypto markets. It covers proposed reporting rules in the infrastructure bill, possible stablecoin recommendations, the SEC’s stated interest in exchanges, lending…
The report examines how restaking could let EigenLayer operators act as Ethereum validators while also sequencing activity for middleware such as oracles, bridges, and other execution systems. That combination may create exclusive order flow and cross-domain…
The alert lowers its estimate that the CLARITY Act will become law in 2026, arguing that the Senate calendar is a bigger obstacle than the bill’s substance. The analysis considers the limited time before the August recess, floor debate and amendment…
This conference report describes developer concerns about Ethereum’s transition toward a multi-layer, multi-chain ecosystem. It outlines the planned separation of execution and consensus in the Merge, the role of rollups in scaling, and the resulting need…
The report explains how Ethereum’s move toward modular scaling could alter who pays for block space and where protocol revenue accrues. It describes proto-danksharding’s temporary data blobs as a way to lower rollup data costs, while noting that lower fees…
This quarterly report surveys crypto hedge fund performance, assets under management, venture fundraising, deal activity, and the market backdrop in Q1 2024. It separates hedge funds into fundamental, quant directional, and market neutral strategies,…
This commentary explains why crypto borrowing costs may move differently from conventional loan rates when central banks cut policy rates. It argues that rates for assets such as bitcoin are driven substantially by demand for leverage and the basis trade,…
This report explains how MEV-Boost changed Ethereum’s post-Merge transaction supply chain by separating block construction from block proposing. Searchers identify opportunities to profit from transaction ordering, builders assemble transactions into…
The op-ed argues that a change in US digital asset regulation could reopen public markets to crypto businesses. It describes the listed crypto equity landscape as concentrated in Coinbase, bitcoin miners, balance sheet holders, and crypto-adjacent fintechs,…
This report explains how attackers who compromised a JavaScript package maintainer’s NPM account published tainted releases that could enter projects through direct or transitive dependencies. It describes how permissive version ranges, missing or…
This report describes crypto venture investment through 2023, a year in which rising liquid token prices coincided with declining private-market funding. It reviews deal counts, invested capital, valuations, deal sizes, investment stage, sector mix, company…
This report reviews crypto and blockchain venture investment during Q1 2026, comparing capital raised and deal counts with prior quarters and examining stage, sector, company age, geography, valuations, and fund formation. It reports about $4 billion…
The document examines Binance Smart Chain’s resurgence in decentralized exchange volume and attributes much of the increase to Binance Alpha, which connects exchange users with early token access, rewards, and onchain trading. It explains how exchange…
The report tracks how the rsETH exploit affected Aave V3 Core lending markets on Ethereum. It anchors the analysis to the attacker’s approval transaction and compares activity during the first six hours with activity through the following observation window.…
The document describes how stablecoins and blockchain networks could address cross-border payment frictions, including multiple intermediaries, fragmented standards, high costs, and slow settlement. It reviews improvements in network capacity and transaction…
The document explains Bitcoin’s scarcity, issuance schedule, and historically low correlations with several traditional asset classes, then examines how a Bitcoin allocation affected a diversified portfolio. The authors tested a quarterly rebalanced mix of…
The article compares the growth of Polymarket’s U.S. prediction market with its longer-running offshore exchange. It reports that the regulated U.S. venue reached substantial weekly volume within months of launching, narrowing the gap with the offshore…
This report reviews crypto and blockchain venture activity in the fourth quarter of 2025 and across the year. It tracks capital invested, deal counts, financing stage, valuations, company categories, founding cohorts, geography, and fundraising by venture…
The article describes how Solana trading infrastructure shifted from public order books toward proprietary automated market makers and routing aggregators. It attributes the change to congestion, costly on-chain quote updates, and the risk that public quotes…
The report assesses Bitcoin’s sharp decline from its October 2025 high and argues that continued weakness could lead to tests of lower support zones. It combines historical drawdown behavior with technical levels, including the 50-week and 200-week moving…
This report examines proposed US tax-reporting language in the 2021 infrastructure bill that expanded the definition of a cryptocurrency broker. It compares the original wording with a narrower revision and explains why the wording mattered to network…