Wyatt expects Bitcoin to end the year just under $100K, around the $95K range, implying limited upside from current levels despite the broader stablecoin and tokenization optimism.
Crypto and digital financial services have a large vulnerability surface across smart contracts, access controls, phishing, and web2 software. With more than $1B of exploits year-to-date, cybersecurity remains a stable and increasingly topical investment theme.
Ethena is a standout onchain yield asset issuer. Its basis strategy created an appealing, sticky, durable product; it has survived a full cycle, has not overstretched on leverage or integrations, and manages counterparty and contagion risk well.