Deep Dives
OKB has 21 million fixed tokens, zero future dilution and one of crypto’s largest exchanges behind it. We examine whether X Layer and Exchange OS can turn that distribution into structural demand.
$BTC
Crypto recovered without euphoria as ETF inflows surged and US employment weakened. CPI now decides whether the setup becomes genuinely bullish.
$BTC
Updating COLDCARD firmware cannot repair a seed created with weak randomness. Restoring the same words on another device preserves the vulnerability. Here is what a genuine wallet migration requires.
$BTC
The COLDCARD attacker has already exposed one of Bitcoin’s gravest hardware-wallet failures. Further theft proves nothing. Returning the funds would preserve the disclosure, protect thousands of victims and give this event a radically different meaning.
Newsletter
Uniswap’s first v4 fee controller is live across seven chains. We examine what changed for UNI, what the bulls are missing and the market events that matter next.
Macro
Most crypto content is optimized for urgency. Proof of Analysis is optimized for survival, patience, and the occasional violent mispricing. We provide crypto research with a healthy suspicion of anything promoted with three rocket emojis. This is research for the intelligent retail investor: sector synthesis, tokenomics, on-chain forensics, incentive
Deep Dives
DATA is one of the most interesting, yet also one of the riskiest re-rating candidates in the AI data sector. Important: This is not just any new "data" microcap, but the former Story / IP.
Deep Dives
Cysic is one of the stronger projects from the current AI/ZK/ComputeFi cohort. Cysic is building infrastructure for verifiable compute, primarily for ZK proofs, and later for AI inference, scientific workloads, and tokenized compute markets.
$PUMP
Pump.fun has generated more than $1 billion in protocol revenue and hundreds of millions in PUMP buybacks. We examine whether that cash flow can outweigh insider unlocks, regulatory exposure and weak token-holder rights.
Deep Dives
Bittensor is building a decentralized market for machine intelligence. We examine subnet economics, Dynamic TAO, Alpha tokens, emissions, external revenue, concentration risks and the conditions required for TAO to become a durable AI infrastructure asset.
Intelligence
Robinhood Chain arrived with tokenized stocks and produced billions in memecoin trades. We examine the volume, the UNI thesis and this week’s wider signals.
Intelligence
Most AI crypto portfolios chase the agent narrative. Our 24-month allocation focuses on the resources AI systems must consume: inference, compute, storage, data, provenance, coordination, payments and evaluation.