Deep Dive Research
In-depth research from the Bitbase institute, offering systematic analysis of industry structure, market mechanisms, and risk.
Deep Dive Research
In-depth research from the Bitbase institute, offering systematic analysis of industry structure, market mechanisms, and risk.
When Momentum Breaks: A Structural Framework for Reading Meme Markets
2026-06-23
From Pizza to Unit of Account: The Prehistory of Bitcoin Price Discovery
2026-06-23
Five Counterparty-Risk Architectures: A Settlement-Layer Companion
2026-06-23
Crypto Exchange TradFi Expansion: A Five-Model Taxonomy
2026-06-23
Principal-Agent Problems, Inducement, and Survival - Herding Effects and Incentive Misalignment in Cryptocurrency Markets
2026-06-23
When Momentum Breaks: A Structural Framework for Reading Meme Markets
Bitbase Research dissects the TRUMP token's 97% collapse to show why RSI and MACD momentum oscillators fail in fundamentals-free meme markets.
2026-06-23
From Pizza to Unit of Account: The Prehistory of Bitcoin Price Discovery
Bitbase Research revisits Bitcoin Pizza Day: on May 22, 2010, 10,000 BTC bought two pizzas, first making BTC a unit of account in price discovery.
2026-06-23
Five Counterparty-Risk Architectures: A Settlement-Layer Companion
Bitbase Research re-reads the crypto exchange TradFi five-model taxonomy through counterparty risk, mapping each model to a historical failure.
2026-06-23
Crypto Exchange TradFi Expansion: A Five-Model Taxonomy
Bitbase Deep Dive maps crypto exchanges' TradFi expansion into five distinct models, as TradFi Perpetual Futures volume surged in early 2026.
2026-06-23
Principal-Agent Problems, Inducement, and Survival - Herding Effects and Incentive Misalignment in Cryptocurrency Markets
Bitbase Research on herding and misaligned incentives in crypto: how information asymmetry, agency conflicts and cascades drove Terra/Luna and FTX.
2026-06-23