GSR2026-09-20 03:01:47GSR study says median listed token falls below issue price within three daysCrypto trading and market-making firm GSR said in a research report that it reviewed more than 2,300 token listings on major exchanges since 2013, with the dataset including delisted tokens. According to the report, the median listed token dropped below its issue price within three days and was down 50% within 90 days. The authors were Josh Riezman, GSR’s chief legal and strategy officer, and research analyst Slater Santer. The report also said median circulating supply at listing fell from 38% in 2017 to 13% in 2020, then only partially recovered in most later years to the mid-teens and low-20% range. By issuance FDV, median circulating supply declined as valuations rose, and tokens launched above $1 billion FDV posted a median one-year return of -81%.340
Bank of Korea2026-09-06 19:34:40South Korea's Central Bank: USD Stablecoins Can Bridge Crypto and Forex MarketsA new study by the Bank of Korea finds that USD stablecoins like USDT and USDC can act as a bridge between crypto and forex markets when local currencies are directly tradable. Analyzing 12 fiat-stablecoin pairs on Binance from 2019 to 2025, the report shows that market structure determines whether crypto demand translates into real USD demand or results in local premiums. The findings have implications for countries like South Korea, which lacks a direct KRW-stablecoin pair.800
Mastercard2026-08-26 16:19:12Mastercard and Sei say institutional blockchain adoption has moved past core technical bottlenecksMastercard and the Sei Development Foundation have released a joint report, The foundations of institutional blockchain, arguing that institutional blockchain adoption has moved beyond earlier technical constraints. Based on more than 40 expert interviews, the report says network performance has improved by 100x since 2019, shifting the focus for production deployments toward settlement finality and governance compliance rather than raw technical feasibility alone. The report also points to growing on-chain asset tokenization. It says more than $27 billion in assets have already been tokenized on-chain, and notes that BlackRock’s tokenized Treasury fund surpassed $2.5 billion in assets under management in May. In addition, the report says institutions typically go through five stages when evaluating blockchain adoption. Priorities vary by use case: real-time payments place more weight on throughput, while treasury workflows focus more heavily on governance and compliance requirements.900
Humanoid Robo2026-08-26 04:33:22Bernstein: Humanoid Robot Payback Period Drops Below 2.5 Years Across Four Key Scenarios, 2031 Global Shipments Projected at 1 Million UnitsBernstein published a research report on August 25 quantifying the economics of humanoid robots across four application scenarios: urban patrol, warehouse palletizing, factory material handling and inspection, and last-mile delivery. The patrol scenario already achieves payback in under two years, while the remaining three scenarios are expected to reach the 2.5-year payback threshold once robot prices decline by 30% to 50%. The total addressable deployment across these four scenarios exceeds 10 million units. Bernstein projects global humanoid robot annual shipments will reach 1 million units by 2031, with these four scenarios contributing roughly half.800
gold2026-08-12 00:09:51CICC Says Gold Bull Market Isn't Over, Recommends OverweightIn a research note, CICC said the two narratives that had been suppressing gold prices are being invalidated. First, global liquidity is not in a real tightening cycle. Falling US inflation and slowing growth tilt the economic backdrop toward easier monetary policy. Warsh, in CICC's view, is "hawkish in words but dovish in deeds," and Federal Reserve reform could open room for future rate cuts. Second, de-dollarization has not ended. Warsh's balance-sheet reduction is seen as potentially helpful for restoring dollar credibility, but the policy faces heavy constraints from financial markets and politics, so the outlook for implementation is highly uncertain. At the same time, high debt, high deficits, and policy uncertainty may make the structural damage to the dollar's credibility difficult to reverse. The report also pointed to global central banks' net gold purchases rebounding to 289 tonnes in the second quarter, up 62% year over year and the highest for any second quarter on record, reflecting deep-rooted concerns about the dollar. Reserve diversification should keep supporting gold demand over the medium to long term. With ample liquidity and less upward pressure on real interest rates and the dollar, gold may regain support from dual drivers. CICC concluded the gold bull market is not finished, and the window for rebuilding positions after the earlier adjustment is open, recommending investors continue to overweight gold.1930
Grayscale2026-08-10 15:15:44Grayscale: Young Investors' Shift to Alternative Assets Could Support Long-Term Crypto GrowthIn an Aug. 10 report, Grayscale research head Zach Pandl said global investors are cutting exposure to traditional stocks and bonds, and alternative assets are becoming a core part of portfolios — a shift that could give crypto a long-term growth driver. The report notes that the global alternative-assets market has grown nearly sevenfold since the 2008 financial crisis, with private equity, private credit, hedge funds, real assets and crypto all taking a larger share of portfolios. Generational differences are stark: a Bank of America survey of high-net-worth investors found those aged 21–43 allocate an average of 53% of their portfolios to non-stock-and-bond assets, versus just 26% for investors over 44. Grayscale expects more than $100 trillion in wealth to move to younger generations in the coming years, which could reinforce demand for alternatives. Lower entry barriers are another key factor, as new financial products and platforms let people invest without complex infrastructure or prior expertise. Regulated bitcoin ETFs/ETPs and institutional-grade market infrastructure, the report argues, are part of the same trend in crypto.1720
Goldman Sachs2026-08-10 05:36:10Goldman Sachs Sees Global AI Investment Topping $1 Trillion by End-2026Goldman Sachs analysts said in a recent report that global investment in artificial intelligence is set to exceed $1 trillion by the end of 2026, with US AI investment approaching $600 billion. In dollar terms, the projected US figure would account for roughly 60% of the global total. The bank's research unit, using its own estimate of AI investment preferences, calculated how much of US gross domestic product AI investment will account for by 2028. US AI capital expenditure as a share of GDP is expected to rise from 1.8% in 2026 to 2.5% in 2027 and 2.8% in 2028. Globally, AI investment as a share of world GDP is projected to climb from 0.9% in 2026 to 1.3% in 2027 and 1.4% in 2028. The US ratio is therefore roughly double the global ratio in each of those years, indicating the scale of AI spending expected in the American market. The figures come from Goldman Sachs Research and were reported by Odaily.1810
Citi2026-08-06 10:28:40Citi Cuts SanDisk Price Target to $2,100 From $2,500Citi cut its price target on SanDisk (SNDK.O) to $2,100 from $2,500, according to a BlockBeats flash on August 6. The research-note revision implies a $400, or 16%, reduction.2270
