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Research, market commentary, and analysis from the Caladan team.
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Weekly

The SEC Opened the Door to Tokenized Stocks. Now Comes the Hard Part: Liquidity.

Bev Tan
·
Sep 23, 2026
Weekly

Running on Empty: the spot market thins, while perps gear up for action

Julia Zhou
·
Aug 21, 2026
Weekly

Why Binance.US Wants a CFTC License: When Does a Bet Become a Business?

Julia Zhou
·
Aug 3, 2026
Weekly

No Expiry: BitMEX Shutters, Its Best Idea Lives On

Julia Zhou
·
Jul 27, 2026
Commemorative postcard for the Japan-British Exhibition depicting King George V and Japanese Emperor Mutsuhito
Weekly

Home rules: Britain and Japan rewrite crypto regulation

Julia Zhou
·
Jul 20, 2026
Image Credit: https://rethinkq.adp.com/history-of-swift/
Weekly

Swift Spent Fifty Years Sending Messages About Money. Now It Is Reaching for the Money Itself.

Julia Zhou
·
Jul 13, 2026
Industry Analysis
Weekly

2026 Institutional Outlook Predictions Based on Who Was Right in 2025

Derek Lim
·
Jan 7, 2026
Weekly

The Caladan Weekly | The Yen Carry Trade That Broke Bitcoin 3 Times (And Why the 4th May Be Different)

Derek Lim
·
Dec 17, 2025
Weekly

The Caladan Weekly | Strategy Has Real Problems. A Death Spiral Isn't One of Them

Derek Lim
·
Dec 10, 2025
Weekly

The Caladan Weekly | Why The Road Ahead for BTC Isn’t as Bleak as it Looks: Macro, Structure, and the Path Forward

Derek Lim
·
Dec 3, 2025
Weekly

The Caladan Weekly | How Washington Accidentally Made Crypto Too Important to Kill

Derek Lim
·
Nov 26, 2025
Weekly

The Caladan Weekly | Liquidity: The Primary Driver of Crypto Markets

Derek Lim
·
Nov 19, 2025
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