Crypto Research

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Equities and bond markets have extended recent losses from increased borrowing by the US. ^SPX 0.52%  and QQQ 0.39%  retraced by 0.3% and 0.2%, respectively, while the US10Y edges close to November highs at 4.2%. Apart from increased issuance in longer-term treasuries, the rise in bond yields have also been spurred by America's credit downgrade and a decline in corporate profits. BTC and ETH have experienced slight gains from yesterday's bearish daily engulfing,...

Equity indices are stalling today, with the ^SPX 0.52%  and NDQ both falling around 0.30%. The DXY (+0.38%) has continued its strong streak along with U.S. Treasury yields, with the US10Y holding above 4%. Crypto markets are struggling due to concerns about Curve founder Michael Egorov’s huge debt positions and speculation that SBF or Sam Trabucco could be responsible for the BALD rug. BTC (-1.43%) has fallen below $29k and ETH...

Traditional markets are flat on July's final trading day, ahead of a busy week of earnings. While ^SPX 0.52%  and QQQ 0.39%  are flat since open, they are poised for a fifth consecutive month of rises - the longest winning streak for each index since 2021. The jobs report due Friday is also expected to show ongoing strength in the labor market (200k July consensus vs 209k in June). BTC and ETH have...

BTC and ETH were each flat today, declining 0.11% and 0.14%, respectively. Most altcoins have had a relatively uneventful day as well, apart from a few standouts. One of these is on chain analytics protocol Arkham Intelligence (ARKM), which has risen 6.08% after declining the past week following its airdrop of 30 million tokens to ~65k wallets. DOGE also continues to outperform, rising on speculation that Elon Musk could integrate the memecoin into...

After weeks of choppy price action, crypto markets fell this morning, with Bitcoin dropping 3.18% and ETH dropping 2.26%. Higher beta altcoins were hit harder - ARB -0.09% , SOL 6.90% , and OP declined 5.50%, 5.82%, and 4.43, respectively. Despite poor performance from most mid-cap altcoins, on-chain activity on Ethereum has remained relatively high, with many on-chain coins such as UNIBOT, rising significantly, perhaps pulling liquidity away from the altcoins listed on centralized...

BTC and ETH continue trading in a tight range, gaining 0.4% over the last day. BTC continues to ping pong around the $30k level, trading for ~29.8k at writing, while ETH traded at ~$1.9k. BTC has been ranging for an entire month now, as the market needs a catalyst for a break in either direction. On the bullish side, there has been positive regulatory momentum coupled with optimism over the...

Equity indices are slumping following a negative reaction to technology earnings and lower than expected jobless claims. The technology-oriented QQQ 0.39%  is leading the decline, having fallen 1.52% at the time of writing, while the SPY 0.52%  has fallen 0.36%. The DXY (+0.65%) and U.S. Treasury yields are rising today as the market is repricing the odds of an additional rate hike as the labor market continues to show its resilience. Crypto...

Crypto markets are up today, with majors rising slightly and altcoins showing the highest returns. BTC continues to hover around the $30k level, trading at $29.9K and up 0.44% at the time of writing. ETH has risen 0.22%, trading at 1.9k. Altcoins are a mixed bag today, with some of them declining and others up significantly. One of the standouts is Ethereum Layer 2 Optimism (OP), which has risen 11.04%...

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