Crypto Research
0 Results
Traditional markets are showing signs of fizzling out after a strong end to last week. The S&P 500 and Nasdaq 100 are relatively flat on the day, while the US Dollar and US Treasury Yields are showing modest declines. Crypto markets saw an impressive rally over the long weekend as BTC is now trading above $21k (+0.03%), and ETH is hovering just below $1.6k (-0.04%). The gains are not unique...
Traditional markets opened higher than the pre-markets before pulling back slightly at the time of writing. ^SPX and NDAQ 2.23% are trading at ~0.3% lower than yesterday's close, while DXY is consolidating at the 102 area of support. Digital asset markets have decoupled on the lower time frames, with BTC and ETH trading at $19.1k (+5.6%) and $1.41k (+1.9%) levels, respectively. Despite the excitement around the upcoming Shanghai upgrade and liquid...
FIGURE: A TEAM OF PEPES CONCOCTING THE PERFECT TOKENOMICS Tokenomics (a portmanteau for token and economics) represents the monetary policy of tokens that directly contributes to their price fluctuations. In bull markets, tokenomics were given utmost priority, sometimes constituting full theses for investment decisions. When the euphoria wears off in the bear, however, founders and market participants are left realizing that tokenomics can delay a weak project’s demise, but cannot...
Voyager gets Initial Approval to Sell Assets to Binance U.S. and Twitter is Developing a 'Coins' Feature
Crypto and traditional markets had a choppy morning before continuing their move higher ahead of tomorrow's CPI release. Holders of risk assets such as crypto are hoping for a soft CPI print to signal inflation easing. BTC and ETH are currently up 0.21% and 0.17%, respectively, while SPX and NDQ are up 0.83% and 1.17%. Many altcoins that experienced aggressive short squeezes earlier this week have pulled back at the...
After retracing significant gains at the close yesterday, traditional indices are roughly flat on the day, while US Treasury yields are turning higher. Many are looking forward to Thursdayâs CPI report release, which will have large implications on the Fedâs interest rate decisions on February 1st. Crypto markets are continuing their constructive week, with BTC and ETH rising 0.72% and 0.67%, respectively. The total crypto market cap is up for...
Markets are picking up where they left off on Friday, rallying on the back of a weak ISM services report, intimating that investors might be starting to price in impending dovishness from the Fed. This was the first ISM report in 30 months to show an economic contraction within the services sector of the economy and negated market participants' wariness following the stronger-than-expected jobs report that morning. The NDQ (+2.1%)...
CARNAGE GIVES WAY TO INDIFFERENCE There are few cohorts of people more excited to turn the page to a new year than crypto investors. After nearly 12 months of unwinding leverage, we have finally reached a point in the cycle where indifference has crept into the market, as demonstrated by the continued decline in volumes and realized volatilities. Aggregated ETH volume is the best proxy for trading activity in crypto....
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 and NDAQ 2.23% 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 have been trading flat over the past day, ranging between $16.5k - 17.0k and $1.15k - $1.25k for the past three weeks....
