Crypto Research
1,617 Results
RESEND: Bitcoin ETF Equilibrium Price Dynamics: ETF likely to drive significant rise in daily demand
BY POPULAR DEMAND, WE ARE RE-SENDING THIS BITCOIN PRICE IMPACT OF SPOT ETF REPORT FROM JULY 24, 2023 The Bitcoin spot ETF was finally approved. And we are seeing the surge in price of Bitcoin because of attractive supply and demand dynamics.We received multiple requests to resend this report from July 24, 2023 which looked at supply and demand dynamics if a spot ETF was approved.In short, we believe a...
WEEKLY RECAP Despite total deal count rising 33% to 36 deals, total fundraising fell almost 40% to $143 million. Only three projects raised over $10 million this week, and the average deal size was $6.5 million. Similarly to last week, funding was concentrated in Infrastructure and DeFi, together representing 95% of total fundraising and 81% of the deal count. CeFi continues to be an unpopular category, with just two deals...
Bitcoin experienced an uptick in premarket trading, approaching $63k, and is now stabilizing just above $61k. As we will expand on below, yesterday's price action was special in light of the GBTC outflows that were experienced. The BTC premium on Coinbase has decreased since the market opened, suggesting possible additional redemptions in GBTC today. However, the decrease isn't as pronounced as yesterday. ETH is currently hovering just below $3400, generally...
In today's video, we discuss the acceleration of Bitcoin ETF flows, leading us to believe there is more near-term upside, the investment thesis for the Helium Network, and how the Coinbase outage is an encouraging sign for retail activity returning. https://vimeo. com/918165913/aa34b30b3d? share=copy
FLOWS BEGET MORE FLOWS We have recently discussed the potential return of crypto being correlated with equities due to the new category of market participants entering the fold. However, price action this week suggests that inflows into the BTC ETFs may be throwing water onto that theory. It seems apparent that, at least in the near-term, that the ETF flows narrative is gaining steam, and it is likely that the...
Marathon Announces Strong Earnings and Bitcoin L2, Gemini Comes to Settlement Agreement
The January PCE report this morning was largely in line with expectations, alleviating fears of a reacceleration of inflation. U.S. equities responded positively to the data, with SPY gaining 0.17% and the QQQ rising 0.42%. Crypto markets are mixed, with BTC declining 0.78% to $62k and ETH rising 1.45%. Yesterday marked the largest day of net inflows into Bitcoin ETFs since the launch, totaling $673 million and bringing cumulative AUM...
Bitcoin Surges Above $62k, Ark Invest & 21Shares Integrate Chainlink Proof of Reserves
Bitcoin (BTC) continues its stellar week, rising 9.02% to surpass the $62k mark and bring it within 11% of its all-time high. ETH has gained 5.43% today, exceeding $3,400, a level not seen since April 2022. Meme coins are outperforming today, with PEPE, DOGE, and WIF gaining 21.63%, 19.07%, and 23.25%, respectively. The strong moves across various names have squeezed shorts, with over $209 million in short liquidations in the...
In today's video, we chat about the Coinbase premium, what the return of animal spirits could mean for DOGE, what funding rates suggest about current market froth, and a potentially overlooked detail about Coinbase's balance sheet. https://vimeo. com/917322732/6f734173c8? share=copy
Bitcoin ETFs Set Volume Record, Aero Provides Reminder of Potential Goldmine On COIN Balance Sheet
Bitcoin surged higher yesterday evening during Asian market hours, climbing from $54.8k to reach $57k. This increase followed a day of impressive inflows into spot BTC ETFs. ETH has taken a backseat for the time being, currently trading slightly above $3.2k. STX is performing well, up over 6%, but other recent market leaders are lagging. It appears that flows have shifted towards more speculative corners of the market, with memecoins...
KEY SLIDES FROM THIS REPORT MAJOR MARKET DISCONNECT (SLIDE 3) REALFI: A DATA-DRIVEN PRIVATE CREDIT MARKETPLACE (SLIDE 4) DEMAND FOR CREDIT IN EMERGING MARKETS (SLIDE 9) CHALLENGES FOR IMPACT INVESTORS (SLIDE 11) REALFI AT THE INTERSECTION OF CREDIT, IMPACT, & EM (SLIDE 13)
BTC Breaking Out of Range, Coinbase Premium Suggests a Strong Bid from ETFs to Start the Week
Leading cryptoassets are experiencing a significant breakout this morning, with BTC finally surpassing the $53k mark after roughly two weeks of consolidation between $50k and $52.5k. Despite a pullback in ETHBTC this morning, ETH has continued its upward trajectory, reaching new YTD highs above $3.1k. STX is also witnessing a notable rise, climbing nearly 10% today, aligning with its pattern of performing as high beta relative to BTC. Among other...
WEEKLY RECAP Crypto funding surged 72% to $234 million from $136 million, while deal count rose 14% to 25 deals. Infrastructure was the clear winner this week, largely due to Eigen Labs' $100 million fundraising round led by Andreessen Horowitz (DotW). The $100 million round is tied for the largest deal in 2024. For three consecutive weeks, funding and deal counts have primarily been concentrated in Infrastructure and DeFi deals,...
