Market Update
Crypto Research
Market Update
Crypto Research
- Market Update
- Market Update
Bitcoin Rises Above $66k, Base Surpasses $2B TVL
MARKET UPDATE August PCE data came in slightly below expectations, with Core MoM PCE reading 0.1% vs. 0.2% expected, reaffirming that inflation is receding steadily. Debates over the size of the Fed’s next rate cut have already begun, with odds for 50bps increasing slightly after the PCE data, rising to...
- Market Update
Crypto Surges on More China Stimulus, Ethena Announces New Stablecoin
MARKET UPDATE The PBoC has announced a fresh package of economic stimulus, weighing a $142 billion injection into top domestic banks and pledging to stabilize the housing and stock markets. Domestically, durable goods data came in better than expected, and GDP met expectations, providing more confidence in the stability of...
Market Update
IBIT Options Approved, Stablecoin Market Cap Surpasses $170 Billion
CRYPTO MARKET UPDATE Crypto began the final full week of September trading—historically the worst time of the year for the asset class—with a positive move...
Market Update
Crypto Rallies as BOJ Holds Steady, Firedancer Inching Closer to Mainnet
CRYPTO MARKET UPDATE The last key macro risk for crypto markets this week was Friday’s Bank of Japan (BOJ) meeting, with concerns around potential rate...
Market Update
Risk Rallies on Half-Point Rate Cut, Solana Mobile Unveils Second Phone
MARKET UPDATE Yesterday’s FOMC meeting resulted in the Federal Reserve reducing interest rates by 50 bps, and Fed Chair Powell striking an optimistic tone about...
- Market Update
Markets Drop to Start Q4, EigenLayer Token Goes Live
MARKET UPDATE Markets are selling off in the first day of Q4, fueled by geopolitical fears as tensions rise in the mid-east. The $SPY and $QQQ have dropped 1.14% and 1.92%, respectively, while the $VIX has surged over 17%. $XAU and $DXY are gaining as investors move towards safe-havens. Crypto...
Market Update
Odds Of 50 Bps Cut Jumps After Hours, MSTR Buys More BTC
CRYPTO MARKET UPDATE The most notable market development over the past 24 hours has been the sharp increase in rate cut probabilities for next week’s...
Market Update
Coinbase Releases cbBTC, Grayscale Launches XRP Trust
MARKET UPDATE August PPI data was released this morning, with both MoM Core and Headline readings coming in slightly above expectations, sparking a rally in...
Market Update
Debate-Specific Crypto Weakness Remains Unclear, Markets Digest CPI
CRYPTO MARKET UPDATE CPI came in slightly above market expectations, primarily driven by persistent shelter costs, though these were partially offset by deflationary energy prices....
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...