Market Update
Crypto Research
Market Update
Crypto Research
- Crypto Research
- 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 FOMC meeting. After falling to just a 14% likelihood of a 50bps cut, the odds jumped to over 40% in after-hours trading following a large...
- 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 rates and gold and likely confirming only 25bps of rate cuts next week. Equities are gaining following the data, with the $SPY and $QQQ both...
Market Update
Hong Kong Continues Tokenization Experimentation, Safe Proposes Fee Switch
MARKET UPDATE U.S. EQUITIES ARE RELATIVELY FLAT ON THE FINAL DAY OF TRADING FOR AUGUST, WITH THE $SPX OSCILLATING AROUND $5,600 AND THE $NDQ TRADING...
Market Update
HNT Continues Outperformance as Offload Data Grows, Stacks Begins Nakamoto Upgrade
CRYPTO MARKET UPDATE In stark contrast to the recent BLS job number revisions, the government revised its Q2 GDP estimate higher this morning to 3%,...
Market Update
OpenSea Receives Wells Notice, BNB Launches Cross-Chain Bridge
MARKET UPDATE U.S. EQUITIES ARE DECLINING AHEAD OF NVIDIA EARNINGS LATER TODAY, WITH THE $SPY DECREASING TO $558.53, WHILE THE NVIDIA-HEAVY $QQQ HAS DROPPED TO...
- Market Update
Polymarket Considers Token Launch, Bitfarms and Riot Reach Settlement.
MARKET UPDATE Equities are gaining following the People’s Bank of China announcing the largest stimulus package since the pandemic. China-related names are surging, with $FXI and $KWEB gaining more than 8%. The $SPY and $QQQ have gained 0.22% and 0.67%, respectively. Crypto is mixed, with altcoins outperforming the majors. #BTC...
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...
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...
Market Update
A Cool PPI Fuels Market Optimism, Grayscale Launches MKR Trust
CRYPTO MARKET UPDATE This morning's Producer Price Index (PPI) came in cooler than expected at 0.1% month-over-month, compared to the anticipated 0.2%. This data has...
Market Update
Market Whipsaws Ahead of CPI, Stablecoin Market Cap Rises
CRYPTO MARKET UPDATE Prices have whipsawed over the past 24 hours as we enter a pivotal week of macro data releases. #BTC is moving back...