Money Flow Journal

How Stablecoin Legitimization and Adoption Become Ethereum (ETH)’s Biggest Value Engine Core takeaway Legal, widespread stablecoin use channels more payments, settlement, and capital flows onto programmable blockchains, directly increasing demand for ETH as gas and as settlement collateral, which in turn strengthens ETH’s scarcity and valuation logic.   Policy milestones and institutional adoption typically coincide with higher on-chain activity and price responsiveness, reflecting a rightward shift in demand for settlement-layer assets like ETH.   Policy clarity as a lever Clear rules on reserves, disclosures, licensing, and audits reduce regime uncertainty, enabling banks, payment firms, and capital markets to adopt stablecoins at scale and expand on-chain settlement.   When legal boundaries and costs are defined, institutions are likelier to settle tokenized assets on-chain, amplifying Ethereum’s network effects as a general-purpose smart contract layer....

Deep Dive: Why Bullish (NYSE: BLSH) Lit Up the Market on Debut Bullish (BLSH) listed on the NYSE on August 13 and became one of the most-watched crypto-related IPOs this year, with an intraday high of $118 and a close at $70 versus the $37 IPO price—an opening day move that briefly pushed its market cap into the $10B–$13B range by some measures. This piece breaks down the company’s business model, financial and valuation anchors, trading dynamics, regulatory backdrop, key risks, and practical positioning ideas for investors. 1) What just happened—and why did it pop? The IPO size was increased to 30M shares and priced at $37 above the indicated range, raising roughly $1.1B. Shares opened strong, spiked above $100 with multiple volatility halts, and settled at $70 on day one. Depending on methodology and timing, first-day performance was cited as roughly +83% to +143% versus the IPO price, fueling narratives of a double-digit-billion market cap at peak ticks. Institutional indications of...

Bull/Bear Certificates vs. Warrants vs. Options: A complete comparison and selection guide Key takeaway CBBCs: in-the-money design, no time-value decay, low sensitivity to volatility, include a mandatory call (knock-out), pricing includes financing cost, track the underlying closely but carry knock-out risk. Warrants: have time value and volatility sensitivity (Theta/Vega), no mandatory call, exercised only at expiry (European style), buy-only product. Exchange-traded options: can go long or short (sell to collect premium), many stock options are American style with early exercise, exchange-cleared, the most flexible for strategies but short sellers face margin and other risks. Core mechanisms and pricing differences Knock-out/expiry mechanism CBBCs: have a preset call level; once triggered, the product terminates immediately and settles (Category R or N), so the product is inherently “in the money” and the tenor is relatively less important. Warrants: no mandatory call; settled at exp...

Unlocking Creativity and Collaboration: A Deep Dive into Figma In the ever-evolving world of digital design, one tool has risen to become an indispensable asset for designers, developers, and teams worldwide: Figma. This powerful, web-based platform has revolutionized how we create, collaborate on, and scale digital products, from intricate app interfaces to stunning websites. Whether you're a seasoned designer or just starting, understanding Figma is key to navigating the modern design landscape. What is Figma? Figma is a cloud-based design and prototyping tool used for creating websites, applications, and other digital products. Its primary advantage lies in its accessibility; being web-based, it allows users to access and work on their design files from any computer, anywhere, without the need for hefty software installations. At its core, Figma is celebrated for its real-time collaboration  features. Multiple team members can simultaneously work on the same design file, see eac...