Market Update
Crypto Research
Market Update
Crypto Research
- Market Update
- Market Update
Recession Fears Recede, OKX Brings Blinks to EVM Chains
CRYPTO MARKET UPDATE THE GOLDILOCKS ECONOMIC SCENARIO, WHERE INFLATION RECEDES WHILE THE ECONOMY AVOIDS A RECESSION, IS BACK IN VIEW AFTER STRONG RETAIL SALES DATA AND LIGHTER-THAN-EXPECTED JOBLESS CLAIMS HAVE EASED FEARS OF A FED POLICY ERROR. The $SPY has gained to $552, and the $QQQ has surged to $473,...
- Market Update
CPI Comes in Cooler Than Expected, USG BTC Moves to Coinbase Prime Wallet
CRYPTO MARKET UPDATE CPI came in slightly cooler than expected, with core CPI at 0.17% month-over-month, compared to the consensus estimate of 0.19%. In our view, this is the best-case scenario, as it temporarily removes the "Fed policy error" trade from the market. This is evidenced by Fed funds futures,...
Market Update
Market Reacts to Biden Dropping Out of Race, Exchanges Receive Approval to List ETH ETFs
CRYPTO MARKET UPDATE POLITICAL DEVELOPMENTS CONTINUE TO DOMINATE INVESTOR SENTIMENT FOLLOWING PRESIDENT BIDEN'S WITHDRAWAL FROM THE PRESIDENTIAL RACE ON SUNDAY AFTERNOON. The initial market reaction...
Market Update
Bitcoin Rallies on Strategic Reserve Rumors, Galaxy Acquires Additional Staking Assets
CRYPTO MARKET UPDATE U.S. EQUITIES ARE CONTINUING THIS WEEK’S SELL-OFF, WITH THE $SPY AND $QQQ BOTH DECLINING APPROXIMATELY 0.28%, WHILE THE #DXY AND TREASURY YIELDS...
Market Update
ETH ETFs Reveal Fees, Potential Consolidation in Mining Industry
CRYPTO MARKET UPDATE THE CRYPTO MARKET MOVED HIGHER IN THE EARLY MORNING HOURS AND IS NOW CONSOLIDATING POST-US MARKET OPEN. #BTC once again challenged the...
- Market Update
Polygon Investing in Custom ZK Chips, State Street & Galaxy Launch Active Crypto ETFs
MARKET UPDATE Equity indices are relatively flat in Tuesday’s trading, with the $SPY and $QQQ decreasing about 0.10%. Crypto is showing slight declines, with #BTC trading around $57k and #ETH trading in the mid $2,300s. #TON has been a top performer this week as founder and CEO Pavel Durov has...
Market Update
DXY Strength Weighs on Crypto, ETH ETF Expected Early July
CRYPTO MARKET UPDATE CRYPTO HAS RESUMED ITS RECENT WEAKENING TREND FOLLOWING A WEEKEND PUMP, WITH #BTC TESTING THE $65K LEVEL, #ETH TRADING AROUND $3500, AND...
Market Update
Coins Continue Rolling Over, RIOT Buys More BITF
CRYPTO MARKET UPDATE ECONOMIC DATA CONTINUES TO SOFTEN, WITH TODAY'S CONSUMER SENTIMENT SURVEY COMING IN AT 65.6, BELOW THE CONSENSUS MARKET FORECAST OF 72. One-year...
Market Update
Microstrategy Proposes $500 Million Convertible Note Offering, Terraform Labs Dissolving after $4.47 Billion Settlement
CRYPTO MARKET UPDATE THIS MORNING’S PPI DATA CONTINUES THE RECENT STREAK OF SOFTER INFLATIONARY DATA, WITH THE MAY MOM READING COMING IN AT -0.2% VERSUS...
Market Update
Soft CPI Fuels Risk Assets Surge, Ripple Chooses Axelar as Sidechain Bridge Partner
CRYPTO MARKET UPDATE MAY CPI DATA WAS SOFT ACROSS THE BOARD, WITH HEADLINE INFLATION COMING IN AT 0.0% MOM VS. 0.1% EXPECTED AND MOM CORE...