Crypto Research
1,892 Results
CORE STRATEGY Source: Artemis, Fundstrat CRYPTO EQUITIES PORTFOLIO Source: TradingView, Fundstrat BOOK SOME GAINS ON “HIGH FLYERS” A month ago, we added SBET to our crypto equities portfolio. This was a bet on ETH outperformance as well as premium expansion from SharpLink, a company that had just undergone a massive selloff following subpar treasury strategy execution and was trading at ~1.6x NAV. We’ve since realized a ~4x gain (vs 14%...
Discussed in today's video:ETH and SOL outperformed BTC while BTC dominance fell, even as BTC slipped roughly 3% intraday.ETHBTC closed above its 200-day moving average, a historically bullish signal for ETH.BTC weakness likely stemmed from a $9.5 billion transfer of Satoshi-era coins to exchanges, rather than macro factors such as CPI or rising yields.The GENIUS Act stalled after a procedural vote in the House, but we expect leadership and the...
Discussed in today's video:Digital Asset Treasuries (DATs) are trading at a 2.1x mNAV multiple, implying ~$100B in theoretical BTC buying power.BTC touched $123K before retracing during U.S. hours, likely on caution ahead of Tuesday’s CPI print.Pump. fun ICO sold out in 12 minutes and is trading ~25% above its launch price (an impressive debut).BONK is benefitting from Pump. fun price discovery, up ~24% since our last note. ...
MSTR Positioned to Benefit from Potential S&P 500 Inclusion, PUMP Set to Open Strong, and a BONK Rerating is in Still in Play
CORE STRATEGY Source: Fundstrat, TradingView CRYPTO EQUITIES PORTFOLIO Note: Going forward, we will provide clients with updates on the crypto equities portfolio in the same format as our token portfolio updates. This will enable us to share views on position sizing and implement risk management measures where appropriate. MACRO THOUGHTS: YIELDS AND DXY HAVE BOTTOMED, AND TRADE CONCERNS ARE BACK IN PLAY, BUT THAT DOESN’T SPELL TROUBLE FOR CRYPTO (YET)...
JUNE RECAP June was another good month for crypto funding, with $1.2 billion in total funding across 84 deals, representing a 108% MoM increase, while deal count was relatively flat with a 3.7% increase. June was the second month in 2025 to have over $1 billion in funding, topping April’s high of $1.1 billion. Unsurprisingly, Infrastructure was the leading category, making up 53% of funding and 51% of deal count....
SBET’s NAV premium expansion hints at excitement building around ETH, and implies ~$1 billion of potential ETH buy pressure from SBET alone, adding fuel to a macro setup that should be conducive for ETH (and other alts) to succeed. We also discuss why BONK’s memecoin launchpad buy and burn flywheel could propel the token to double its value on fundamentals rather than pure memetics. TICKERS IN THIS...
CoreWeave’s deal to acquire Core Scientific sent the AI/HPC mining sector lower today, but we think the selloff creates opportunity. We also break down why today’s tariff headlines are more political theater than real threat, and how the upcoming Treasury General Account refill could be a manageable liquidity headwind for markets. TICKERS IN THIS VIDEO: BTC -1.41%
Bitcoin breaks its late-May downtrend, opening the door for ETH and alts to follow. We explain how Goldilocks macro conditions and thin summer volumes amplify potential upside, discuss our thoughts on the July 9th trade-deal deadline, and preview the coming enhancements to our offering. TICKERS IN THIS VIDEO: BTC -1.41%
In today’s crypto comments, we break down the surprising weakness in crypto despite supportive equity and dollar trends. We explore the role of low liquidity, call selling, and summer seasonality, and highlight key macro data, including PMIs, JOLTS, and ongoing tariff uncertainty, along with what it could mean for crypto in the months ahead. TICKERS IN THIS VIDEO: BTC -1.41%
In today’s crypto comments, we break down the growing influence of fiscal dominance on rates and the dollar and what it means for risk assets. We also explore major moves from Kraken and Robinhood as tokenization accelerates the convergence of TradFi and crypto. TICKERS IN THIS VIDEO: BTC -1.41%