Crypto Research
976 Results
CRYPTO MARKET UPDATE AFTER ANOTHER DAY OF SIZEABLE OUTFLOWS FROM ETHE 4.58% , THE GRAYSCALE-ISSUED ETF NOW RETAINS JUST 85% OF THE AUM IT BEGAN WITH ON TUESDAY. However, crypto has rallied strongly since the US market closed yesterday, with BTC 3.27% briefly moving above the $68k level, ETH 3.30% rebounding sharply to $3,250, and SOL 6.60% revisiting $184. Among larger-cap tokens, SOL beta names including RNDR and JUP have outperformed over the past 24...
CRYPTO MARKET UPDATE CRYPTO WAS CERTAINLY LOOKING STRONG RELATIVE TO EQUITIES YESTERDAY UNTIL ASIAN MARKET HOURS COMMENCED. Shortly after the HK market opened, we saw increased sell pressure and approximately $100 million in liquidations across all crypto assets, bringing BTC 3.27% down to below $64,000, ETH 3.30% down to $3,150, and SOL 6.60% to just below $170. This contrast in price action during U.S. and Asia market hours has been consistent throughout July....
CRYPTO MARKET UPDATE RATES ARE BROADLY LOWER, WITH A NOTABLY STRONGER RALLY AT THE FRONT END OF THE CURVE AS THE MARKET APPEARS TO BE TAKING POTENTIAL RATE CUTS OVER THE NEXT COUPLE OF FOMC MEETINGS MORE SERIOUSLY. Despite significant weakness in equities today, the crypto market is looking relatively healthy, with BTC 3.27% and many altcoins in the green. BTC 3.27% briefly rallied above $67k but has since drifted back down...
CRYPTO MARKET UPDATE DESPITE BEING THE LAUNCH DAY FOR ETH 3.30% ETFS, CRYPTO BROADLY MOVED LOWER IN THE EARLY MORNING HOURS TODAY, POSSIBLY DUE TO MOVEMENT OUT OF THE MT. GOX TRUSTEE WALLETS. Mt. Gox sent approximately $130 million in BTC 3.27% to Bitstamp, leaving about 90k BTC 3.27% remaining in the trustee wallets. This move lower was likely also influenced by a rise in the DXY. Currently, BTC 3.27% is trading around $66.5k,...
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 saw a dip in crypto prices, with Bitcoin falling from $67.5k to $66k. However, the market rebounded after Biden endorsed Harris. Since the U.S. market opened on Monday, we have seen relatively choppy price action. BTC 3.27% is now trading slightly above $67k, while ETH 3.30% remains...
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 1.11% AND QQQ 1.08% BOTH DECLINING APPROXIMATELY 0.28%, WHILE THE DXY N/A% AND TREASURY YIELDS INCH UPWARDS. In contrast, BTC 3.27% is moving sharply higher, trading at $65.8k, with rumors circulating that former President Trump will unveil plans to add Bitcoin as a strategic reserve at next week’s Bitcoin conference. ETH 3.30% is trading at $3,450 ahead of potential S-1 approval after...
CRYPTO MARKET UPDATE THE CRYPTO MARKET MOVED HIGHER IN THE EARLY MORNING HOURS AND IS NOW CONSOLIDATING POST-US MARKET OPEN. BTC 3.27% once again challenged the $65k level and is currently sitting just below it, following the ninth consecutive day of net inflows for BTC 3.27% ETFs. ETH 3.30% is showing outsized strength, likely due to ETF issuers filing their final documents yesterday afternoon, with the ETF launch expected on Tuesday (more on...
CRYPTO MARKET UPDATE U.S. EQUITIES ARE MOVING SHARPLY LOWER AMID CHINA TRADE FEARS AFTER THE BIDEN ADMINISTRATION STATED IT'S CONSIDERING IMPOSING SEVERE RESTRICTIONS ON CHIPMAKERS IF CHINA CONTINUES RECEIVING ACCESS TO ADVANCED SEMICONDUCTOR TECHNOLOGY. The SPY 1.11% has dropped below $560 while the QQQ 1.08% is showing more pronounced losses, falling to $484. Crypto is relatively flat, with BTC 3.27% trading near $65k. Bitcoin ETF flows continue their positive streak, posting the eighth...
CRYPTO MARKET UPDATE AS EXPECTED, BTC 3.27% AND THE WIDER CRYPTO MARKET MOVED LOWER ON THE NEWS THAT THE MT. GOX TRUSTEE HAD TRANSFERRED BTC 3.27% OUT OF THE TRUSTEE WALLETS TO PARTNER EXCHANGES. However, the market has since rebounded, with BTC 3.27% pushing $65k after touching $62.5k in the early morning hours. ETH 3.30% has also rallied, though it is slightly lagging despite the upcoming launch of ETH 3.30% ETFs next Tuesday. ETF flows...
CRYPTO MARKET UPDATE CRYPTO ASSETS RALLIED OVER THE WEEKEND FOLLOWING AN ASSASSINATION ATTEMPT ON FORMER PRESIDENT TRUMP, GALVANIZING HIS POLITICAL CAMPAIGN AND, IN TURN, OPTIMISM AROUND HIS PRO-CRYPTO STANCES. BTC 3.27% has eclipsed $63k and ETH 3.30% is approaching $3,400. Small-cap assets are seeing some risk appetite return with ACX 0.37% , one of our Liquid Ventures constituents, making a new all-time high on the back of its Blast integration and consistent trend of...
CRYPTO MARKET UPDATE TODAY'S PRODUCER PRICE INDEX (PPI) CAME IN AT 0.2%, ABOVE THE CONSENSUS FORECAST OF 0.1%, INITIALLY SENDING RATES HIGHER, BUT THAT MOVE WAS QUICKLY FADED. Rates and the DXY moved more decisively lower following the release of the latest consumer sentiment survey, which came in at 66, below the market forecast of 68.5. In equity markets, we are seeing a continuation of the rotation trade, with IWM...
CRYPTO MARKET UPDATE JUNE CPI CAME IN BELOW EXPECTATIONS, WITH THE MOM FIGURE READING -0.1% COMPARED TO +0.1% EXPECTED, CAUSING A SIGNIFICANT DROP IN RATES, WITH THE US10Y DROPPING TO 4.175%. Markets are now pricing an 83% chance of a September rate cut, with higher probabilities for further easing in the subsequent November and December meetings. A large-cap to small-cap rotation appears underway in response to rate expectations, as the...
