Crypto Research
1,632 Results
Silvergate Covered $8.1b in Customer Withdrawals, Coinbase Reached $100m Settlement with NYDFS
On the back of hot JOLTs data yesterday, equity markets continued to move lower while the dollar gained strength. ^SPX -2.41% and NDAQ -1.38% shed 1.1% and 1.5%, respectively, while DXY is up 0.8%. Crypto markets maintain their correlations to traditional markets, albeit with a lower beta. BTC and ETH -3.06% have been trading flat over the past day, ranging between $16.5k - 17.0k and $1.15k - $1.25k for the past three weeks....
Square Enix Moves into Blockchain Gaming and Core Scientific Shuts Down 37k Mining Rigs
Crypto prices increased last night and this morning, with BTC up 1.20% and ETH -3.06% up 3.43%. The ETH/BTC ratio, which has seen volatility compress over the past couple of weeks, has moved to the upside, rising 2.65%. Prices consolidated amid JOLTs job openings coming in higher than expected (Actual: 10.458MM, Expected: 10.050MM). SPX is currently up 0.40%, and NDQ is up 0.15%. Several tokens have experienced significant short squeezes in...
Gemini Earn Customers Seek Class Action Arbitration, Sushi to Close Lending and Launchpad Products
Equity indices are negative in the first trading session of the new year, with the ^SPX -2.41% down 0.72% and the QQQ -2.82% down 1.07% after US Manufacturing PMI hit its lowest level since the Covid lockdowns. Other macro events to watch this week include the latest FOMC meeting minutes released tomorrow, as well as the ISM Services PMI report on Friday. Crypto is fairing better than equities, although still negative, with...
Crypto and traditional markets slid lower today, with BTC and ETH -3.06% falling 1.37% and 1.03% and SPX and NDQ falling 0.85% and 1.23%. Altcoins continue to decline relative to Bitcoin and Ethereum as investors have a "flight to quality" into year-end. AVAX, SOL -5.02% , and NEAR 0.38% for example are down 2.64%, 1.76%, and 3.93% at the time of writing. This rotation into bitcoin and ethereum is seen in BTC and ETH...
Markets continue to stumble into year-end, as equity and crypto markets are inching lower Wednesday morning. Rates show interesting divergence, with shorter-term rates moving slightly lower and longer-term rates increasing. At the time of writing, the US 10Y yield is 0.7% higher, while the US 02Y is 0.6% lower since the market open. The ^SPX -2.41% (-0.5%) and QQQ -2.82% (-0.6%) are slightly lower in today's trading session. Meanwhile, BTC (-0.4%) and...
ONTO NEXT YEAR Our last weekly strategy note of the year is going to be a brief one. I want to thank everyone for turning to us for timely and actionable research on crypto throughout this year. It was undoubtedly a trying time for the industry. We witnessed a period of reckoning that will leave the space better off over the long term. We will be back in the new...
The modest 0.1% rise of Personal Consumption Expenditure (PCE) price index and 0.4% increase in personal income spending in November buoyed markets this morning, with ^SPX -2.41% (+0.4%) and QQQ -2.82% (+0.2%) trading higher from open. Given PCE is the Fed's preferred gauge of inflation, the data further supports the Fed's winning battle against rising prices amidst a tight labor market. Digital asset markets are exhibiting lower correlations of late, with BTC...
