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Adam Forsyth

Corporate chain land grab: Base, Tempo, Robinhood Chain

On July 1, Robinhood launched its own blockchain, joining Coinbase, Stripe, Circle, and Tether in the fastest-moving infrastructure race in crypto: giant consumer companies building their own rails instead of renting someone else’s. The land grab has a clear logic, clear winners, and one uncomfortable question about what happens to the neutral chains everyone used…

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50 years of gold price history: What the charts reveal

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Gold’s modern market history reflects decades of price swings shaped by inflation, interest rates, central bank actions, and geopolitical events. Summary Gold’s post-1971 history reflects decades of inflation, monetary policy, crises, and shifting investor…

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Crypto already owns the trade

On July 7, 3 weeks after the largest IPO in history, SPCX enters the Nasdaq-100 with billions in passive index buying behind it. The more interesting market is the one Wall Street does not run: tokenized shares on Solana, perpetual futures that priced the listing before bankers did, a $557 million subscription campaign that had…

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Its partners just built a replacement

On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and is down nearly 40% on the month. This is the story of how a moat…

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