Crypto Research

THE HEADLINES MERGERS & ACQUISITIONS MARKET DATA THOUGHTS ON THE ECOSYSTEM

THE HEADLINES MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM

Bloomberg is reporting that interest in Canadian Bitcoin ETF Purpose Bitcoin (CSE: BTCC.U) has declined since tracking began last month. THE HEADLINES MERGERS & ACQUISITIONS MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM

COINBASE, KRAKEN, GEMINI, AND OTHER CRYPTO EXCHANGES MUST EMBRACE DEFI TO REMAIN COMPETITIVE Coinbase’s direct listing on Nasdaq is a watershed moment for the crypto industry. It will be the first public crypto company with pure and dependable cash flows that is on par with some of the largest and most established exchanges in the world. Coinbase generated 2020 revenue of $1.3 billion, compared to CBOE’s $1.2 billion, Nasdaq’s $2.9...

THE HEADLINES MERGERS & ACQUISITIONS MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM

Sorry, but Coinmarketcap. com API’s are not linking this morning. Hopefully the daily chart will return tomorrow. The premium to NAV returned positive for Grayscale’s Bitcoin Trust (OTCQX: GBTC) and Ethereum Trust (OTCQX: ETHE) but remains negative for Canada’s Purpose Bitcoin ETF (TSE: BTCC.U). _CRYPTO FEAR & GREED INDEX_ The Fear & Greed Index for bitcoin and other large cryptocurrencies is at 78 after falling and recovering from a 5 month low of 38 as bitcoin...

Premium to NAV for leading trusts and Canadian ETF remain negative. THE HEADLINES THOUGHTS ON THE ECOSYSTEM

IOTA (MIOTA) is an alternative Distributed Ledger Technology (DLT) platform, which uses the “Tangle”, a Directed Acyclic Graph (DAG), to enable applications primarily for the Internet of Things (IoT). IOTA is scheduled to undergo a two-part protocol upgrade, IOTA 1.5 (Chrysalis) and IOTA 2.0 (Coordicide) (Slide 2), aimed at implementing a series of major DLT technology advancements to improve network functionality and achieve greater decentralization. If successful, the upgrade could...

👀🅱️Premium to NAV for top crypto products Grayscale’s Bitcoin Trust (OTCQX: GBTC) and Ethereum Trust (OTCQX: ETHE) as well as the new Purpose Bitcoin ETF (TSX: BTCC.U) are all negative as of the close of market last night. THE HEADLINES MARKET DATA THOUGHTS ON THE ECOSYSTEM

THE HEADLINES MERGERS & ACQUISITIONS EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM

MARKET RECAP: NEW ATHS & CONTINUED VOLATILITY   Bitcoin rallied to a high of $58,367 on Sunday before commencing a 23% sell off down to $44,888 yesterday morning and bouncing to its current price of $48,770. In our view, the recent move is nothing more than a nice healthy correction and we think recent events have de-risked the market. We continue to believe the fourth crypto bull market remains intact and...