Writing · Crypto
Bitcoin Above $86,000 as the Fed Says Maybe Later
Bitcoin trades above $86,000 as markets price out an October Fed hike, while the Dollar Index hits a four-month high.
5 min ↗Writing / The Bagholder
Follow the money.
Question the story.
Research, essays, and periodic letters. A practitioner's perspective, with the reasoning in the open.
Follow the newsletter ↗Writing · Stocks
You're Not Studying Trading, You're Resetting The Experiment
Most new traders keep hopping frameworks and never let the market answer whether their edge is real. Here's the only process that actually produces data.
8 min ↗Writing · AI & finance
The Companies Getting Rich Off AI Aren't Who You Think
Beyond the flashy chatbots: an analysis of the picks-and-shovels infrastructure providers making real revenue from the AI boom.
1 min ↗Writing · Macro
Understanding Treasury Auctions
How the US government borrows money and why it matters for your portfolio.
8 min ↗Writing · Crypto
How Bitcoin Liquidity Actually Works
Market depth, order books, and what moves the price.
10 min ↗Writing · Macro
The Yield Curve Explained
What the bond market is telling us about the economy.
6 min ↗Writing · Market structure
The Liquidity Gap: What's Really Happening Inside Indonesian Crypto Exchanges
A look at the market structure mechanics behind slippage on local exchanges.
5 min ↗Writing · Treasury
The Stochastic Parrot at the Autonomous LLM Trading
A deep-dive into the current trend of autonomous LLM trading
7 min ↗Writing · Treasury
Idle Fund Yield Optimization Model and How to Implement It
A quantitative view of optimizing idle capital allocation in a crypto exchange treasury
9 min ↗Writing · Treasury
When the Bank Is Closed and Everyone Wants Out
A practitioner's account of what breaks when you settle $300K a day across crypto wallets, banks, and market makers — and what I built to fix it.
9 min ↗Writing · Treasury
When Confirmed Doesn't Mean Settled: Building an OTC Reconciliation System
A practitioner's account of what breaks when you settle $300K a day across crypto wallets, banks, and market makers — and what I built to fix it.
19 min ↗Writing · AI & finance
Pushing Limits: AI Valuations & the Efficiency Frontier
AI is far from bubble. We are still in the early innings
5 min ↗Writing · Stocks
The Connectivity Cloud: Cloudflare as an AI Winner
A deep-dive into Cloudflare's strategic positioning in the AI substrate, focusing on edge inference, AI governance, and egress arbitrage.
4 min ↗Writing · DeFi
Pendle (PENDLE) – Cyclical Yield Tokenization or Structural Decline?
A good DeFi protocol with a good tokenomics for the next market cycle
9 min ↗