Crypto Research

While the Bitcoin price might have consolidated recently, the Bitcoin hash rate is reaching all-time highs. Armando Aguilar explains Bitcoin hash rate and it’s current status. RESEARCH: HITTING THE RESET BUTTON

We see Bitcoin’s recent price action coupled with a lack of substantially leveraged positions as an encouraging sign.Hash rate has surged since Friday’s washout, pointing toward a network of miners that feel optimistic about the near-term trajectory of the BTC price.SOPR indicates that the majority of selling pressure is coming from short-term investors who lack conviction in Bitcoin’s current price trend.MVRV has decreased, implying a higher network cost basis, which...

Will McEvoy, Digital Asset Strategy Senior Associate, provides insight on the recent increase in virtual land purchases in the metaverse. RESEARCH: METAVERSE AND CYBERSECURITY LEAD THE WAY

We are writing to update our clients on the events of this past weekend and highlight a few data points we will be keeping an eye on moving forward into the next couple of weeks. On Friday, December 3rd, over $2 billion in long positions across the global crypto market were liquidated, nearly $850 million of which were from BTC futures.Almost $500 billion in total market value was wiped from the...

New Venture Capital funds raised an aggregate $1.9 billion this week with a metaverse and decentralized finance (DeFi) focus. Metaverse projects raised $213 million in capital, while cybersecurity firm Certik raised $80 million and Coinbase acquired cybersecurity firm Unbound for an undisclosed amount.Active investors this week include Alameda Research, Solana Ventures, Softbank and Coatue.DEAL OF THE WEEK: 1inch Network raises $175 million in a strategic Series B funding round led...