Crypto Research
1,026 Results
Crypto markets declined sharply late last night before finding some footing this morning. At the time of writing, BTC is down 3.11%, and ETH is down 4.93%. It's thought that this sell-off was triggered by a spot sale of 19.9k BTC (~$600M) on Binance over a span of 45 minutes. This is an unusually large sale to happen in such a short period of time. Altcoins have seen more significant...
Despite the VIX reaching its lowest point since January 2022 and the DXY moving lower, the NDQ and SPX traded flat on the day, reflecting a market on unsure footing following a morning of resilient earnings reports. In contrast, the overall crypto market is trading up 1.8% as both BTC and ETH strongly rebound from yesterday's pullback. Arbitrum (ARB N/A% ) continues its impressive run, climbing another 5% today. GALA is outperforming...
Traditional indices are trading lower today, with the ^SPX 0.62% (-0.20%) and NDQ (-0.62%) declining as market focus is shifting to the upcoming earnings season. Crypto markets are underperforming today as BTC (-3.14%) and ETH (-2.20%) are cooling off after rallying over the last week. As mentioned in last weekâs Crypto Weekly, supply overhang projections following the Ethereum Shapella upgrade were too pessimistic. As of this morning, total withdrawals since the...
Digital asset markets continue their run-up from Ethereum's successful Shapella upgrade midweek, while traditional markets stall. BTC (-1%) is holding the 30k level since breaching it on Monday, while ETH (+2.5%) breached $2.1k last evening before dipping right below it at the time of writing. ETHBTC is trading back above the 0.066 level at 0.068 after failing to break down from 0.062. ^SPX 0.62% (-0.4%) and QQQ 0.56% (-0.6%) opened higher before retracing...
March's Producer Price Index (PPI) data showed a downside surprise this morning, coming in at -0.5% MoM versus 0.0% expected and Core PPI at -0.1% MoM versus +0.2% expected. Traditional markets are rallying as the combination of CPI and PPI data has helped ease fears of inflation reaccelerating. The SPY 0.62% and QQQ 0.56% have risen 0.83% and 1.49%, respectively, while the DXY (-0.61%) is approaching its 2023 lows. Crypto markets are...
Crypto markets rallied last night and this morning as BTC broke above $30,000 for the first time since June last year. At the time of writing, BTC is up 1.57%, ETH is up 0.09%, and SPX and NDQ are down 0.04% and 0.71%, respectively. Bitcoin continues to outperform relative to most of the crypto market - the Bitcoin Dominance ratio is up 0.45% today and has reached its highest level...
Investors are bracing for a week of critical economic data, including CPI and PPI data for March, which will be released on Wednesday and Thursday, respectively. Investor concerns about the possibility of another rate hike rose following Friday's robust employment data. Nonfarm payrolls saw an increase of 236,000, close to the Dow Jones estimate of 238,000, while the unemployment rate dropped to 3.5%. In addition to economic data, major banks,...
Crypto and Equities are up today, with the S&P gaining 0.30% while BTC was up 0.5% as investors assess weak job market data releases. Investors had reacted positively to poor economic data in anticipation that the Fed could pause ongoing rate hikes but attention is shifting to whether the Fed has induced a potential recession. Despite a short trading week for stocks, all eyes will be on the Labor Department's...
Equity indices and US Treasury yields are declining today following a weak ADP payrolls data release, potentially indicating the US economy is heading for a slowdown. The SPY 0.62% and QQQ 0.56% have fallen 0.48% and 1.20%, respectively, while the US02Y and US10Y are approaching new 2023 lows. Crypto markets are mixed today, with BTC (-0.54%) holding above $28k, and ETH (+1.63%) breaking above $1900. MicroStrategy announced this morning that they have acquired an...
Twitter Changes Logo to DOGE, Interpol Red Notice Rumor Circulates, DeFi Hackers Return Funds
Traditional markets are sliding after U.S. job openings fell in February, dropping below 10m for the first time since 2021. ^SPX 0.62% and QQQ 0.56% are trading 0.7% and 0.4% lower than yesterday's close, while BTC and ETH have gained 1% and 3%, respectively. Over the past day, DOGE surged by 26% after Elon Mush changed the Twitter logo to that of the memecoin. At this point, it is unclear whether the...
After a choppy weekend, BTC and ETH are flat on the day, down 0.68% and up 0.06%, respectively. SPX is down 0.02% at the time of writing, and NDQ is down 0.92%. Most altcoins have underperformed BTC and ETHâSOL -6.19% is down 1.32%, OP is down 1.82%, and ATOM -11.75% is down 1.12%. Ethereum Layer 2, Arbitrum, was hit the hardest this weekend after the team backtracked on a governance proposal (which...