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$RNDR

Crypto markets are up slightly on the day, BTC 3.67%  has risen 0.54%, and ETH 4.33%  has risen 0.15%. Interestingly, the ETH Dominance metric, a metric that measures Etheruem's market cap compared to the rest of the crypto market, has reached its highest levels since the Merge last year and at the peak of the 2021 bull market, indicating that Ethereum is extremely relatively strong to the rest of the market. Altcoins...

Stocks and crypto rebound after a week of negative price action amid optimism of a potential U.S. debt ceiling deal. The S&P is up 1.2%, while the Nasdaq gained 2.3%. BTC 3.67%  and ETH 4.33%  are up 2.1% over the last day. The top two cryptos are seeing near 5-year lows for supply held on exchanges, indicating optimism and demand from users that want to own and use assets on their respective...

Crypto markets are up slightly today as the majors continue to trade sideways; $ BTC is up 0.26% and ETH 4.33%  is up 0.51%. While most altcoins have had an uneventful day, a few standouts exist. A.I.-related altcoins have been performing exceptionally since Nvidia's stellar performance after reporting earnings yesterday (shooting the stock up over 30%). A.I. coins AGIX, FET, and RNDR have risen 10.53%, 3.09%, and 3.72%, respectively. Traditional markets...

Cryptoassets and equities swapped roles today as the crypto market received a significant boost during Asian trading hours (more on this below). BTC 3.67%  reclaimed its position above $27k, while ETH 4.33%  made a strong push toward $1850. Among alts, the performance has been mixed. ETH scaling solutions ARB -7.31% , OP 4.00% , and IMX all experienced gains of over 2% during the day. Meanwhile, the native token of the decentralized GPU rendering platform, RNDR,...

Equity markets opened the week with mixed results while bonds yields ticked higher as investors eagerly await updates on debt-ceiling negotiations. Relative to last week's close, NDAQ is trading at -0.2%, SPX is flat (+0.1%), while QQQ is changing hands at +0.4%. US02Y and US10Y are up 1% on the day, reflecting the President's and House Speaker's meeting later today in an effort to avoid a technical default. Digital asset...

This morning’s jobless claims were softer than anticipated (242k vs. 254k exp.), potentially giving the Fed room to diverge from the expected “pause” at June’s FOMC meeting. The data release has not disheartened equity investors as the divergence between equities and crypto has continued. The SPY 0.00%  (+0.53%) is approaching $4,200, and the QQQ (+1.24%) surpassed August ’22 highs, while BTC 3.67%  (-0.71%) and ETH 4.33%  (-0.40%) are showing modest declines. Among the...

Markets are mixed today following the release of March PCE data which came in slightly above expectations. The SPY 0.00%  (+0.29%) is continuing yesterday’s march upwards, while the QQQ (-0.19%) is down slightly. The market is looking forward to next week’s FOMC meeting, where it's expected the Fed will raise interest rates by another 25 bps. Crypto markets are cooling off after yesterday's large move upward. BTC 3.67%  (-1.38%) is holding above...

Crypto markets bounced back sharply today, with BTC 3.67%  up 5.42% and ETH 4.33%  up 4.85%. Altcoins such as ARB -7.31%  and INJ 2.55%  had huge recoveries, up 15.0% and 28.9% from their lows yesterday. The biggest winner on this bounce has been RNDR, up 40% from its lows yesterday and putting in new highs for 2023. Crypto's rally comes just after First Republic Bank shares hit record lows after depositors withdrew $100b. Traditional...