Nvidia’s blowout earnings brighten risk sentiment, but crypto lags as BTC selling accelerates and sector performance bifurcates

AI relief rally meets BTC drag
Randomness is easily mistaken for meaning, especially in markets.
MegaETH’s mainnet beta launch is imminent; meanwhile, equity perpetuals markets accelerate across HIP-3 providers
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With every generation, new problems arise — usually caused by the previous generation’s solutions
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Markets retreated on Monday amid renewed macro uncertainty, with every index in the red except crypto minders

Key metrics

ETH/BTC Ratio

DeFi TVL

Fear and Greed Index

Federal Reserve Balance Sheet

Decoding crypto and the markets. Daily, with Byron Gilliam.

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Lido unveils a new buyback plan while BTC treasury companies slip below mNAV — can either model can truly return value?

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If financial nihilism has driven you into memecoins, zero-day options, and sports betting, consider financial optimism instead

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A new Sui-based protocol promises to unlock Bitcoin’s idle liquidity and eliminate wrapped-token risk

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Could blockchain rails finally realize Ted Nelson’s non-linear, pro-creator “docuverse”?

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What does Uniswap’s proposal to activate protocol fees and unify incentives mean for UNI token holders?

events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.
0xResearch
0xResearch is the show for those who want to step up their game and think like a crypto analyst. We bring on crypto's best to uncover the latest research, explore protocol developments and identify new narratives. We are full-time crypto..
1000x
1000x is a crypto markets podcast hosted by professional traders Avi Felman and Jonah Van Bourg. We bring on experts to dive deep into the macro and micro factors that represent the lifeblood of digital money and web3. As an..
Bell Curve
Bell Curve breaks down the most important themes in crypto for people who, like us, are confined to the middle of the bell curve. Each season explores a different thesis that we'll test and refine through debate with crypto's best...
Empire
Empire features interviews with top crypto founders to get the real stories that aren’t shared elsewhere. Empire is your look behind the curtain of the crypto industry. We release two episodes per week: guest interviews on Monday and a weekly..
Forward Guidance
The laws of macro investing are being re-written, and investors who fail to adapt to the rapidly changing monetary environment will struggle to keep pace. Felix Jauvin interviews the brightest minds in finance about which asset classes they think will thrive..
Lightspeed
Lightspeed is a podcast for those interested in how crypto can solve real problems and create products users love. It's a callback to the garage days of Silicon Valley, where builders pushed the limits of hardware and software to build..
Supply Shock
Supply Shock explores the latest Bitcoin news with a deep historical perspective. Featuring in-depth interviews with industry experts, each episode connects current events to key moments in Bitcoin history, revealing patterns, lessons, and insights shaping the future of digital assets...
The Breakdown
A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/..
Hivemind
Hivemind combines Delphi Digital’s brightest minds to cut through the crypto noise. Jose, Yan, Ceteris and Duncan explore everything from venture to token design, offering an unfiltered perspective on what shapes the industry. We cut through the hype to focus..
The Nu Era of Banking

Blockworks Research

Nubank has scaled to 127M customers with a sub-$1 cost-to-serve, driving industry-leading profitability and a 31% ROE. Its model blends rapid monetization, strong operating leverage, and expanding verticals, from AI-driven lending to crypto, insurance, telco, and premium offerings like Ultravioleta. With 6.6M crypto users and new stablecoin payment pilots, Nu is becoming a major digital-asset gateway in LATAM. Despite rising NPLs and rate volatility, its efficiency and growth momentum support upside potential.
by Marc-Thomas Arjoon, CFA /
Securing DeFi: Frontend Security Infrastructure and User Behavior in Web3 Applications

Blockworks Research

As frontend compromises escalate, decentralized delivery and verification emerge as essential security primitives for DeFi. With strong user demand and institutional pressure for resilient infrastructure, solutions like Radworks aim to address this overlooked attack surface.
by Daniel Shapiro /
Naver's Bid For Upbit: Building Korea's Next Generation Super App

Blockworks Research

South Korea is emerging as one of the most important global hubs for regulated digital assets, and Upbit sits at the center of this shift. Naver’s proposed acquisition could create the country’s dominant super app for payments, trading, and digital finance. This report breaks down the numbers, the regulatory tailwinds, the economics of the deal, and why the merger may unlock one of the most attractive asymmetries in Korea’s public markets.
by Kunal Doshi /
Loopscale: Scaling Net New Assets in DeFi

Blockworks Research

Built on Solana, Loopscale is an orderbook-based lending protocol that pairs the efficiency of direct market matching with the flexibility and UX of modular protocols. We believe Loopscale can help scale NNAs in Solana DeFi and act as their foundational credit layer. Stablecoin deposits and select USD-pegged Loops on Loopscale are offering competitive yields, with an additional upside from farming the protocol and adjacent ecosystem projects (e.g., OnRe, Hylo) for potential future airdrops.
by Carlos Gonzalez Campo /