Crypto Research

FTX buys derivatives exchange and clearinghouse LedgerX for undisclosed amountOur Deal of the Week is Blockstream’s $215 million Series B, paving the way for ASIC manufacturingMost featured investors include MultiChain Capital, Paradigm, and Galaxy Digital ------------------------- VENTURE CAPITAL DEALS TICKER: $1INCH PRICE: $3.28 MARKET CAP: $560M 1INCH NETWORK, a platform that unites decentralized protocols ideally enabling users to achieve the best price, in a fast and secure manner, is in...

Price is a function of supply and demand. It was mentioned in this week's FSI Crypto Weekly (August 25, 2021) that the Bitcoin price has received a boost from the supply side of the equation. Sean Farrell, VP of Digital Assets, provides insight and clarifies the chart featured in the report. *Recorded August 26, 2021

Bitcoin continues to march higher, eclipsing another key milestone and trading above the 200-day SMA. Ethereum is also higher on the week but has met resistance at $3,300. Attention turns to the 50-day SMA.Bitcoin’s recent price run has not been as “hot” as its gains would suggest.Price action has been largely supply-driven and recent movement of coins onto exchanges could present short-term risk.Crypto and meme stocks are on the move...

The Bitcoin SOPR was recently referenced in the FSInsight Crypto Daily (August 4, 2021). What is the Bitcoin SOPR and what should we be looking for? Will McEvoy, FSInsight's Crypto Research Associate, meets with Carrie to chat SOPR and if the recent changes look bullish or bearish for Bitcoin. *Recorded August 11, 2021

Armando Aguilar, VP of Digital Assets at FSInsight, explains how Bitcoin is being used in El Salvador. Recently, El Salvador adopted Bitcoin as legal tender, but is the payment infrastructure ready? What type of crypto wallet do citizens need? *Recorded August 11, 2021

RECAP OF PRICE PERFORMANCE First, let’s quickly recap what we observed the past week for BTC and ETH. Some observations: 1. Below (Exhibit 1) is the 7-day chart featuring the price action of BTC and ETH. Bitcoin surpassed the $48,000 - level, Ethereum traded above $3,300, and the total crypto market cap reached $2.0 trillion for the first time since the industry drawdown in May. 2. Last week we highlighted...

Will McEvoy contributes to FSInsight's Crypto Weekly research, most recently reporting on stablecoins and how the Stablecoin Supply Ratio (SSR) provides insight into the digital asset market. Carrie and Will chat SSR, how it's calculated and what we can forecast based on historical data.