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Crypto Research
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Crypto Research
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Crypto prices could be volatile over the weekend and taking off some risk or buying some protection might not hurt
As our clients know, we are long term bullish on crypto. As recent as this Wednesday, we held our Mid-Year 2021 Crypto Outlook call and discussed macro factors that lean towards medium term bullishness as well. But, over the coming weekend, we might be inclined to take some risk off...
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Massively deleveraged market sees big bounce; Elon Musk & Michael Saylor making Bitcoin "greener" bodes well for ESG narrative and institutional adoption
We’re writing a bit more often as of late given the recent market volatility. In our blast yesterday, we highlighted how forced liquidations may be coming to an end and asked if we could see a short-term bounce on seller exhaustion – today that’s what we got. Crypto bounced massively...
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Are forced liquidations nearing an end?
It’s been a scary last two weeks in crypto markets. We’ve seen crypto come under criticism from the billionaire Elon Musk, the Chinese national government, and now even top religious institutions with comments form the Pope. As a result we’ve seen normal mid market cycle selling pressure intensify to cause...
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Bitcoin correction may be painful, but here are 9 signs the market is too bearish, and we’re close to a bottom
In our crypto note to clients last Wednesday, we highlighted that this sell-off could set Bitcoin up for a new all-time high. But we also pointed out that we thought the “market may need to get a little more bearish first.” Bitcoin has since moved about 15% lower from $50k...
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Is Bitcoin really bad for the environment and could Tesla be about to make it “greener”? Either way, this may be the sell-off that sets Bitcoin up for new all-time highs
Bitcoin sold off sharply today and broke below $50k after news that Tesla would stop accepting it for payments. Source: Fundstrat, Tradingview The headline likely shocked many crypto investors looking for greater crypto adoption, especially coming from Tesla CEO Elon Musk who has been a vocal supporter of Bitcoin and...
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FLASH: Bitcoin healthy cool off over weekend resets margin leverage but does not signal end of bull market as “Dogecoin” retail traders are now entering the market
Bitcoin made new ATHs last Wednesday as investors piled in ahead of the Coinbase IPO. As we mentioned in our note last Friday (click this link), we thought a “crypto cooling off would be heathy” – and that’s what we got over the weekend. Source: FSInsight, Glassnode FUTURES OPEN INTEREST...
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Diamond Standard: The First Blockchain-Enabled Diamond Commodity
Disclosure: Diamond Standard is a paid consulting client of Fundstrat Diamond Standard Co. is the creator of the world’s first regulator-approved diamond commodity, the Diamond Standard Coin. The physical diamond commodity with its blockchain-enabled digital token representation is an innovative new asset that we have been following with interest. As...
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FSInsight Exclusive Interview with Miami Mayor Francis Suarez
Mayor Francis Suarez has been a strong advocate for technological innovation within Miami and has recently embraced leaders and innovators within the crypto industry. LEEOR SHIMRON: Mayor Suarez, it is great to meet you. MAYOR FRANCIS SUAREZ: Great to meet you too. LEEOR SHIMRON: Let’s jump right in. You've been...
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Big Tech's De-platforming Binge Highlights The Need For Web 3.0
Following the U.S. Capital riot last week, Big Tech coordinated the de-platforming of President Trump. Twitter followed suit by suspending 70,000 accounts associated with the far-right QAnon conspiracy theory group. Parler, the social media platform billing itself as a “free-speech paradise” was the next target as Apple and Google banned...
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OCC Greenlights Bank Stablecoins: Opens TAM of ~200B Annual Public Blockchain Transactions = Good For Crypto
For a full copy of this report in PDF format, click this link. Yesterday afternoon, the U.S. Office of the Comptroller of the Currency (OCC) issued interpretive guidance clarifying that federally chartered banks may participate in independent node verification networks (INVN i.e., public blockchains/crypto networks) and use stablecoins for payment...
