Analysis · Nov 12, 2026 17:21 UTC

macro liquidity still sets the tone for builder priorities

Builders and treasuries should track macro liquidity even when social feeds obsess over lending markets.

Revisit assumptions weekly; markets change faster than slogans.

Put beside current chatter on “Canaan Revenue Falls 90% as Bitcoin Holdings Take a Bigger Role in Capital Plans,” the incentive problem looks clearer.

Builders and treasuries should track MEV dynamics even when social feeds obsess over risk appetite.

Builders and treasuries should track developer activity even when social feeds obsess over user retention.

More insights