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What Is Market Capitalisation in Crypto? Two Denominators, Two Stories
Market capitalisation is a price multiplied by a quantity that somebody defines, and the definition is where the number goes wrong: circulating, total and maximum supply produce different answers for the same asset on the same day. The gap between market value and fully diluted valuation measures the dilution still ahead, and it is the most concrete fact available about a young token.- 1
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October 2026 Token Unlocks: Over $3 Billion in Supply Is Coming Back to the Market
Over $3 billion in token unlocks are scheduled for October 2026, led by DoubleZero's ~47%-of-supply cliff and Celestia's ~$1.08B release. Why percentage matters more than dollars.- 25
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Bitcoin’s $500,000 Target Is Five Years Old and Still Two Years Away
This week produced a $100,000 call, a $300,000 call and a $500,000 call. One of those numbers has been on the table since 2021, and its deadline has moved every time it came due.- 11
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