Crypto Research
702 Results
Meeting minutes from the March FOMC meeting were released today. The Fed’s posture leaned decisively hawkish as they introduced the prospect of QT starting as early as May.Despite the resurgence of macro headwinds, the bullish trend upwards for realized cap continued this week, indicating renewed demand for bitcoin.We revisit our LFG model from last week and adjust inputs for LFG’s recent purchasing activity.Staked ETH continues to march higher as confidence...
WEEKLY RECAP It was another week of green candles across the crypto ecosystem as bitcoin flirted with its 200-day moving average for the first time in several months. Like last week, the more speculative sectors outperformed the prior 7-days, with the once-beleaguered DeFi sector continuing to turn some heads. _Source: Messari_ Below we examine some of the reasons we think that this relief rally mirrors those seen in late 2021...
Walter Teng, Digital Asset Strategy Associate, recently reported an overview of the Anchor Protocol (ANC) in our DeFi Digest publication, noting a 19.5% earn rate. Walter provides a brief overview of the protocol and what’s shifted in the last few days. (UST 0.65% ) DEFI DIGEST: ANCHOR PROTOCOL
WEEKLY RECAP Cryptoassets performed strongly for the second consecutive week, as prices have seemingly become less responsive to negative headlines surrounding the war in Ukraine and the risk of excess hawkishness from the Fed. It was another “risk-on” week within crypto as smart contract platforms performed the best on a size-adjusted basis out of any other sector. Much of this outperformance stems from the recent optimism surrounding Ethereum’s merge and...
WEEKLY RECAP For the first time since December 2018, the Fed announced a benchmark interest rate hike of 25 bps and signaled for six more hikes this year. It is apparent that the market had priced this in (discussed further below) and is content with the lack of increased hawkishness despite rampant inflation. Bitcoin and ether increased in lockstep with equities but remain largely range-bound, currently straddling $40k and $2.6k,...
Crypto Chat: With the recent headlines surrounding crypto, has your 2022 outlook shifted?
Sean Farrell, Head of Digital Asset Strategy, provides an overview of the recent headlines surrounding cryptocurrency and how, if any, his 2022 outlook has shifted. THE ROLLERCOASTER RIDE CONTINUES 2022 DIGITAL ASSETS OUTLOOK WITH SEAN FARRELL
WEEKLY RECAP The global crypto market continues to exhibit a range-bound choppiness, waxing and waning on the latest headlines. We saw ETH and BTC start the week above the $43k level after benefitting immensely from Russian sanctions and the narratives surrounding them. Since then, markets have retreated as commodity prices skyrocket – oil hit $130 per barrel, wheat prices reached a 14-year high, and a metal exchange had to roll...