Opinion
The NFT Obituaries Were Premature — Here Is What They Missed
Yes, JPEG floor prices are far below their 2021 peaks. No, that does not mean tokenized digital ownership has failed.
Jordan Kim//Dec 19, 2024//6 min
The Opinion Desk
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Latest opinion news, market data, and on-chain analysis.
Opinion
The Memecoin Economy Is Just Gambling, and It Should Be Regulated as Such
Alejandro Ruiz//Apr 9, 2025
Opinion
The Four-Year Cycle Is Not a Law of Nature. Stop Treating It Like One.
Maya Reyes//Dec 6, 2025
Opinion
Bitcoin's Decoupling From Equities Is a Mirage
James Thornton//Jan 15, 2026
Opinion
Restaking Is Eating Itself, and Nobody Wants to Say It
Anya Verma//Feb 26, 2026
More Opinion stories
Public Bitcoin Treasuries Are Leveraged Bets Dressed as Strategy
The MicroStrategy playbook works beautifully in a bull market and brutally in a sustained drawdown. The next twelve months will be the test.
Helena Cross//Dec 4, 2025//6m
The Stablecoin Trillion-Dollar Race Has Already Been Won
The contest among issuers for retail mindshare is irrelevant. The actual winning condition was banking integration, and that race ended quietly years ago.
Olivia Chen//Aug 26, 2025//5m
The ETF Era Has Killed the Old Cycle Playbook
Position-sizing strategies and exit timing rules built around prior Bitcoin cycles are now dangerous to follow without significant modification.
Maya Reyes//Sep 12, 2025//5m
AI Compute and Bitcoin Mining Will Coexist Less Comfortably Than We Hope
The interlocking power and infrastructure demands of AI hyperscale buildouts and Bitcoin mining will create more conflicts than synergies over the next several years.
Roy Atkinson//Oct 23, 2025//6m
The Real Scaling Frontier Is User Experience, Not TPS
Crypto has spent a decade optimizing the wrong metric. Throughput is solved at the protocol level. The hard problem now is consumer experience, and we're losing that race.
Quinn Bradley//Jun 25, 2025//6m
Account Abstraction Is the First Real Opt-Out From Wallets-as-Crypto
EIP-7702 isn't just a technical upgrade. It's the first credible path to letting users transact on-chain without ever thinking about a wallet.
Quinn Bradley//May 21, 2025//5m
RWA Hype Forgets That Real Estate Is Already Tokenized — On Paper
On-chain property protocols have crossed a billion dollars in value, but the legal and regulatory primitive is older than blockchain by centuries.
Carmen Diaz//Jul 4, 2025//5m
Pump.fun's Revenue Will Not Survive a Real Bear Market
The launchpad's nine-figure revenue is impressive and almost entirely dependent on a single procyclical activity that historically goes to zero in downturns.
Theresa Volkov//Aug 2, 2025//5m
Why Solana's Ethereum-Shaped Aspirations Will Trip on Client Diversity
The chain's institutional ambitions require operational resilience that its current near-monoculture validator stack structurally cannot deliver.
Idris Yamamoto//Dec 30, 2025//6m
Stablecoin 'Yields' Are Not Yields. They Are Net Interest Margin.
The terminology has been doing a lot of work that shouldn't be left unexamined. What looks like passive income is often just deposit margin paid back to depositors.
Olivia Chen//Mar 18, 2026//5m
ENS Was the Only Web3 Promise That Worked
Most of the 2021-era Web3 vision has either pivoted, contracted, or quietly disappeared. Decentralized naming is the rare exception that delivered exactly what it advertised.
Idris Yamamoto//Aug 9, 2025//5m
The Case Against a U.S. Strategic Bitcoin Reserve
Even crypto-friendly observers should be skeptical of putting a volatile speculative asset on the federal balance sheet, regardless of which side benefits politically.
James Thornton//Apr 4, 2025//6m
Crypto Has an AI Problem and Doesn't Want to Talk About It
The rapid rise of AI agents creates several first-order risks for crypto's market structure that the industry has notably underdiscussed.
Sofia Marchetti//Nov 13, 2025//6m
Bitcoin's Treasury Imitators Will Define the Bear Market Casualties
MicroStrategy made the playbook look easy. The next downturn will reveal which copies were genuinely operational and which were leveraged caricatures.
Helena Cross//Jan 9, 2026//6m
The CLARITY Act Won't Save Crypto From Itself
Even if the bill passes, it addresses only one specific source of regulatory dysfunction. The industry's other self-inflicted problems will not solve themselves.
Marcus Webb//Apr 19, 2026//6m