Crypto Research

WEEKLY RECAP For the first time since December 2018, the Fed announced a benchmark interest rate hike of 25 bps and signaled for six more hikes this year. It is apparent that the market had priced this in (discussed further below) and is content with the lack of increased hawkishness despite rampant inflation. Bitcoin and ether increased in lockstep with equities but remain largely range-bound, currently straddling $40k and $2.6k,...

Sean Farrell, Head of Digital Asset Strategy, provides an overview of the recent headlines surrounding cryptocurrency and how, if any, his 2022 outlook has shifted. THE ROLLERCOASTER RIDE CONTINUES 2022 DIGITAL ASSETS OUTLOOK WITH SEAN FARRELL

VENTURE CAPITAL DEALS Espresso Systems is a new layer 1 blockchain protocol that uses Proof-of-Stake consensus with zero-knowledge rollups in order to maintain user privacy while also improving transaction speed and costs. The project raised $32 million in a seed round led by Greylock Partners and Electric Capital, with Sequoia Capital, Blockchain Capital, and Slow Ventures also participating in the round. Espresso’s differentiator is its smart contract application that allows...

Not all yields and farms are created the same. Knowing this, how would one differentiate good yield from the bad? How do you know if the yield farm you are in is bountiful like the former picture below, or if the farm token price prints the latter[1], like the fate of many high-yielding predecessors before it? To understand the quality of the crops (yields), we have to examine the different...