Crypto Research
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Over Friday and Saturday last week, Avalanche Labs put on their second edition of ‘Avalanche House’ in Brooklyn (with the first one in Berlin). The team attended Friday afternoon’s session as outlined below and shared the following notes and perspectives from the panelists. FIGURE: AVALANCHE HOUSE PANELIST SESSIONSTRATEGIC FUNDRAISING DURING A BEAR MARKET _Lydia Chiu (Ava Labs), Tom Schmidt (Dragonfly Capital), Nina Bambysheva (Forbes), Travis Scher (North Island Ventures)__ _The...
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...