Institutional-Grade Analysis, In-depth Insights, Animoca Brands Research

Animoca Brands Research

Institutional-Grade Analysis, In-depth Insights

Animoca Brands Corporation Ltd. is a Hong Kong-based game software company and venture capital company

Crypto

<ul><li>Evolving Treasury Landscape: Corporate treasuries face challenges from macroeconomic shifts, including high interest rate volatility, significant monetary expansion leading to inflation, and increasing geopolitical risks impacting cash flows and profitability.</li><li>Bitcoin as a Strategic Asset: Bitcoin has emerged as an alternative asset for these challenges, offering a scarce and increasingly institutionally viable asset for potential long-term value preservation and portfolio diversification, as demonstrated by MicroStrategy's pioneering strategy.</li><li>The "Financial Engineering" Playbook: MicroStrategy's approach goes beyond simple asset allocation, employing sophisticated financial engineering (e.g., convertible notes, equity issuances) to create value for shareholders by continuously acquiring more Bitcoin per share. </li></ul>

Evolving Treasury Landscape: Corporate treasuries face challenges from macroeconomic shifts, including high interest rate volatility, significant monetary expansion leading to inflation, and increasing geopolitical risks impacting cash flows and profitability.Bitcoin as a Strategic Asset: Bitcoin has emerged as an alternative asset for these challenges, offering a scarce and increasingly institutionally viable asset for potential long-term value preservation and portfolio diversification, as demonstrated by MicroStrategy's pioneering strategy.The "Financial Engineering" Playbook: MicroStrategy's approach goes beyond simple asset allocation, employing sophisticated financial engineering (e.g., convertible notes, equity issuances) to create value for shareholders by continuously acquiring more Bitcoin per share. 

Altcoin Strategic Reserves: Why Are Public Companies Buying Altcoins?

Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Derivatives

<ul>
<li>Cross-Market volatility snapshot highlighting option opportunities. Today's opportunities are in the Nifty 50 and in Bitcoin</li>
<li>Nifty 50: The index crossed the 50-day moving average, signaling a bullish trend. Hedging gains is recommended due to expected macroeconomic uncertainty in Q1 2025.</li>
<li>Bitcoin: Surpassed $100,000, driven by positive sentiment towards the incoming US President's crypto-friendly stance. Options strategies are suggested, plus how a synthetic Bitcoin bond compares to a corporate bond.</li>
</ul>


Cross-Market volatility snapshot highlighting option opportunities. Today's opportunities are in the Nifty 50 and in Bitcoin
Nifty 50: The index crossed the 50-day moving average, signaling a bullish trend. Hedging gains is recommended due to expected macroeconomic uncertainty in Q1 2025.
Bitcoin: Surpassed $100,000, driven by positive sentiment towards the incoming US President's crypto-friendly stance. Options strategies are suggested, plus how a synthetic Bitcoin bond compares to a corporate bond.


EQD | Global Option Implied Volatility - From Nifty 50 to Bitcoin, Plus BTC-Bond Special

Co Founder & Head of Engineering and Trading, HarmoniQ Insights

Christopher Rosa

Co Founder & Head of Engineering and Trading

HarmoniQ Insights

At HarmoniQ Insights, we empower investors to enhance their investment strategies by integrating cutting-edge quantitative research processes and technologies. Our solutions provide access to leading quantitative data providers and services, tailored to align with each client’s unique goals. By bridging the gap between traditional investment approaches and advanced data-driven methods, we help clients gain a competitive edge through innovation in both process and technology.

<ul>
<li>
Blockchain Basics: Blockchain is a decentralized ledger recording transactions without a central authority. Participants validate and store immutable, transparent data, ensuring trust and security throughout the network.</li>
<li>
Blockchain Layers: The blockchain ecosystem consists of Layer 1 (core blockchain), Layer 2 (scaling solutions), and Layer 3 (applications), all working together to enable secure, scalable interactions with blockchain technology.</li>
<li>
Key Concepts: Blockchain principles include immutability (data cannot be changed), permissionless participation (open to anyone), and decentralization (no single entity controls the system), ensuring security, transparency, and trust across networks.</li>
</ul>



Blockchain Basics: Blockchain is a decentralized ledger recording transactions without a central authority. Participants validate and store immutable, transparent data, ensuring trust and security throughout the network.

Blockchain Layers: The blockchain ecosystem consists of Layer 1 (core blockchain), Layer 2 (scaling solutions), and Layer 3 (applications), all working together to enable secure, scalable interactions with blockchain technology.

Key Concepts: Blockchain principles include immutability (data cannot be changed), permissionless participation (open to anyone), and decentralization (no single entity controls the system), ensuring security, transparency, and trust across networks.


Senior Cryptocurrency Analyst, Steno Research

Mads Eberhardt

Senior Cryptocurrency Analyst

Macro and Geopolitical Research House

Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

<ul><li>Today, we are launching our new weekly cryptocurrency note called ‘Crypto Crisp’.</li><li>In ‘Crypto Crisp’, every Monday, we will explore the upcoming week in crypto, reflecting on the previous week’s developments.</li><li>The aim of ‘Crypto Crisp’ is to efficiently and precisely bring you up to date with the crypto industry in just a few minute’s worth of reading time.</li></ul>

Today, we are launching our new weekly cryptocurrency note called ‘Crypto Crisp’.In ‘Crypto Crisp’, every Monday, we will explore the upcoming week in crypto, reflecting on the previous week’s developments.The aim of ‘Crypto Crisp’ is to efficiently and precisely bring you up to date with the crypto industry in just a few minute’s worth of reading time.

Crypto Investing and Decentralized Finance, Coinstack

Coinstack

Crypto Investing and Decentralized Finance

Coinstack is published weekly by Ryan Allis. He was previously CEO and Co-founder of iContact and led the company from 300 employees, 70,000 customers, and $50M in annual sales and an exit for $169M. Ryan was an angel investor in SpaceX, LendingClub, Change.org, Kuli Kuli, and Catalant. Today, Ryan advises companies and governments on blockchain-related projects and is the Chairman of Hive.org, a global community of 3,500 purpose-driven leaders from 130 countries making a positive impact in the world. Ryan holds an MBA from Harvard Business School where he was Co-President of the Harvard Social Enterprise Club and a fellow of the Harvard Graduate School Leadership Institute.

<ul><li>Bitcoin closed near $60,000, down 6.3% on the week and roughly 52% from the October 2025 all-time high.</li><li>May PCE printed 4.1% headline and 3.4% core on June 25, the hottest read since April 2023, triggering $1.26 billion in liquidations.</li><li>Strategy’s enterprise mNAV broke below 1.0 on June 26 for the first time, severing the equity accretion channel for its 847,363-BTC treasury.</li></ul>

Bitcoin closed near $60,000, down 6.3% on the week and roughly 52% from the October 2025 all-time high.May PCE printed 4.1% headline and 3.4% core on June 25, the hottest read since April 2023, triggering $1.26 billion in liquidations.Strategy’s enterprise mNAV broke below 1.0 on June 26 for the first time, severing the equity accretion channel for its 847,363-BTC treasury.

United States

Virtual currencies are decentralized, math-based digital assets in which transactions can be performed cryptographically without the need for a central issuing authority. The first specification and proof of concept of Bitcoin, the first widely used virtual currency, was published in 2009 based on a paper published pseudonymously by Satoshi Nakamoto.

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Bitcoin (XBTUSD CURNCY)

Altcoin Strategic Reserves: Why Are Public Companies Buying Altcoins?

Corporate treasuries face challenges from macroeconomic shifts, including high interest rate volatility, significant monetary expansion leading to...

Animoca Brands Research

EQD | Global Option Implied Volatility - From Nifty 50 to Bitcoin, Plus BTC-Bond Special

Opportunities in Nifty 50 and Bitcoin options due to bullish trends and positive sentiment. Global volatility overview of 15+ markets and...

Gaudenz Schneider

Digital Asset Landscape Primer: Part 1

Explore the foundational layers of blockchain, from efficient transaction processing to user-friendly apps, and understand how decentralized...

Christopher Rosa

Crypto Crisp – Signs of Euphoria

Today, we are launching our new weekly cryptocurrency note called ‘Crypto Crisp’. In ‘Crypto Crisp’, every Monday, we will explore the upcoming...

Steno Research

mNAV 0.99x: The Number that Matters

Bitcoin closed near $60,000, down 6.3% on the week and roughly 52% from the October 2025 all-time high.May PCE printed 4.1% headline and 3.4% core...

Coinstack

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Altcoin Strategic Reserves: Why Are Public Companies Buying Altcoins?

Corporate treasuries face challenges from macroeconomic shifts, including high interest rate volatility, significant monetary expansion leading to...

Animoca Brands Research

EQD | Global Option Implied Volatility - From Nifty 50 to Bitcoin, Plus BTC-Bond Special

​Opportunities in Nifty 50 and Bitcoin options due to bullish trends and positive sentiment. Global volatility overview of 15+ markets and...

Gaudenz Schneider

Digital Asset Landscape Primer: Part 1

Explore the foundational layers of blockchain, from efficient transaction processing to user-friendly apps, and understand how decentralized...

Christopher Rosa

Crypto Crisp – Signs of Euphoria

Today, we are launching our new weekly cryptocurrency note called ‘Crypto Crisp’. In ‘Crypto Crisp’, every Monday, we will explore the upcoming...

Steno Research

mNAV 0.99x: The Number that Matters

Bitcoin closed near $60,000, down 6.3% on the week and roughly 52% from the October 2025 all-time high.May PCE printed 4.1% headline and 3.4% core...

Coinstack

Opportunities in Nifty 50 and Bitcoin options due to bullish trends and positive sentiment. Global volatility overview of 15+ markets and...