Crypto Research
1,775 Results
WEEKLY RECAP Crypto funding was relatively unchanged week-over-week, with a 4% decrease to $138 million, while deal count saw a larger decrease, falling 29% to 25 deals. Infrastructure deals comprised 73% of total funding and Web3 and Gaming combined for 26%, with remaining categories making up the last 1%. As highlighted in our Q1 Funding Report, Series A funding has been a standout deal stage this year, and this week...
BUYERS ON STRIKE Last week, we discussed our immediate-term cautious approach to the crypto market, highlighting recent geopolitical tensions, tax-related selling, negative fiscal flows, and the persistent rise in real yields as reasons for a more risk-averse positioning (albeit relative, as holding 7.5% in cash and the rest in crypto is hardly considered risk-averse in most circles). This uncertainty has persisted into this week, evidenced by what we consider an...
U.S. equity indices are under pressure today following disappointing economic growth in conjunction with hotter-than-expected prices paid, sparking stagflation fears and reducing the chances of rate cuts. The SPY -1.64% has declined 0.91% to test $501 and the QQQ -1.67% has dropped 1.12% to $421, being weighed down by a 12% drop in META following its Q1 earnings release. Crypto markets are faring better, with BTC 0.15% (-0.28%) trading at $64k and ETH 1.16% ...
The crypto market is pulling back from its recent surge, with BTC falling below $65,000, ETH trading under $3,200, and SOL -4.29% fighting to stay above $150. As expected, altcoins are also generally declining, although a few notable performers are scattered across the market. Currently, BONK and WIF, two prominent memecoins on Solana, are showing resilience, up 12% and 6%, respectively. Additionally, HBAR initially doubled in price following reports that Blackrock...
Blockchain Association Sues the SEC, Cosmos Patches Potential Reentrancy Vulnerability
U.S. Treasury rates and the DXY (-0.46%) are sliding today following weaker-than-expected S&P Flash PMI data, helping catalyze a 1% rally in equity indices. Manufacturing PMI came in at 49.9 vs. 52.0 expected, and Services PMI read 50.9 vs. 52.0 expected. Bitcoin miners have benefited as rates retreat and transaction revenue remains elevated, with RIOT -0.33% , CLSK, and MARA -2.73% showing weekly gains of 26%, 16%, and 14%, respectively. Crypto assets are mixed with BTC 0.15% ...
After significantly outperforming equities leading up to its halving event on Friday, BTC 0.15% continued its upward trend over the weekend, now trading just below $66k. ETH 1.16% has generally followed suit, although continuing to lag behind BTC, with its current price around $3200. SOL 0.29% , meanwhile, has continued its strong rebound from the recent price slide, reaching $156 yesterday, currently trading slightly below that level. The crypto market is broadly performing well...
Happy Halving Day to all. It has been another volatile 24 hours for crypto markets, with war-related headlines sending risk assets lower overnight. BTC 0.15% briefly dipped below the $60k mark but has since recouped all its losses and is now trading above $64k. ETH 1.16% followed BTC's initial drop, trading below $2900 last night, but it has now rebounded to above $3000. SOL 0.29% has shown remarkable resilience amid the turmoil, now...
Tether Outlines New Organizational Structure, Aptos Partners with Microsoft, Brevan Howard, and SK Telecom
Traditional markets are finding some relief in Thursdayâs trading after four consecutive sessions of losses. The SPY and QQQ have gained approximately 0.30%, while the IWM (+0.99%) is showing outsized gains. Crypto markets are finding larger relief, with BTC rising 3.92% to $63.7k, and ETH gaining 2.71% to exceed $3,050. Injective (INJ) is one of the leading tokens today, gaining 9.37% following news of a partnership with JamboPhone to bring blockchain-powered financial solutions to emerging markets. JamboPhone...