Crypto Research

CPI STILL HOT Despite oil prices falling and inventories growing, lagging CPI data came in hot this week. It was expected to be an eye-popping 8.8% but still managed to surprise to the upside. The CPI print of 9.1% was the highest in four decades as gas prices soared 11% month-over-month. _Source: BLS_ Due to the perceived lack of inflation relief, markets immediately reacted to the news, upping the consensus...

FIGURE: PEPE FARMING AIRDROPS TO SAVE HIS REKT PORTFOLIO _It's a Bird... It's a Plane... It's Superman an Airdrop!_ Everyone in crypto has heard of airdrops. Anyone who’s anyone, however, has actually received them. Upon receipt of a highly anticipated airdrop, the pang of dopamine from the financial implications and being rewarded for participating in the digital economy does urge one to wonder: _“Rekt pepe, what exactly are airdrops? Are...

Funding declined this week, dropping from $519M to $425M, but total deals remained at 28 each week. This week's most considerable increase in funding was in the Metaverse/Gaming sector, which increased 7x from $12M to $88M. There were six total gaming deals, the largest of which being a $41MM Series C funding round for Klang Games to develop SEED, an MMO (Massively Multiplayer Online Game) that allows users to participate...