FSI Digital Assets
- Crypto Daily
- Crypto Daily
Rally Retraces, Tether Continues its Tear
The crypto market has seen a significant reversal of its weekend rally as investors watchfully anticipate the House vote on the debt ceiling agreement brokered between the White House and the House Speaker. $BTC has fallen below the $27k mark, while $ETH grapples with maintaining a foothold above $1850, and...
- Crypto Daily
Optimism and Sui Upcoming Token Unlocks, LayerZero Halts Emissions on Fantom Pools
After showing gains in after-hours trading, markets retraced on the first trading day after Memorial Day Weekend. President Biden and House Speaker McCarthy struck a tentative deal to raise the U.S. debt ceiling, although markets are ambivalent on whether it can be implemented by the June 5th deadline. $SPX and...
- Crypto Weekly
A Tale of Two Markets
AI SKEWING THE PICTURE Previous observations highlighted how the decline in crypto prices signaled a temporary liquidity peak, potentially tied to the impending debt ceiling deal. Correlations between BTC, gold, and equities illustrated BTC's sensitivity to liquidity changes. As anticipated, BTC/Gold and BTC/equities (excluding AI-related names) correlations are now strengthening,...
- Crypto Funding Fridays
Infrastructure Continues to Lead, and Sam Altman’s Worldcoin Raises $115M
Funding declined from $238M last week to $164M this week. Most deals (75%) were in the infrastructure vertical, which increased from $104M to $124M this week, with six total deals. The second most funded sector was Metaverse & Gaming, which rose to $23M in funding this week from no funding...
- Crypto Daily
Celsius Accepts Fahrenheit Bid, Multichain Uncertainty Impacts Fantom
Stocks and crypto rebound after a week of negative price action amid optimism of a potential U.S. debt ceiling deal. The S&P is up 1.2%, while the Nasdaq gained 2.3%. $BTC and $ETH are up 2.1% over the last day. The top two cryptos are seeing near 5-year lows for...
- Crypto Daily
A.I. Coins Surge after Nvidia Earnings and Coinbase Prepares for BASE Mainnet
Crypto markets are up slightly today as the majors continue to trade sideways; $ BTC is up 0.26% and $ETH is up 0.51%. While most altcoins have had an uneventful day, a few standouts exist. A.I.-related altcoins have been performing exceptionally since Nvidia's stellar performance after reporting earnings yesterday (shooting...
- Crypto DeFi Digest
BRC-20
BRC-20 FEVER Ordinal transactions on Bitcoin have skyrocketed in the last few months, leading to an all-time high for daily transactions and pushing Bitcoin network fees to 2-year highs. The activity throttled BTC’s network so much that Binance was forced to temporarily shut down withdrawals and implement Lightening Network to...
- Crypto Daily
Solana Integrates with ChatGPT, Core Scientific Close to Final Restructuring Plan
Markets are falling today as investors begin to get concerned about a debt ceiling resolution. Equity indices continue yesterdayâs sharp selloff, with the $SPY and $QQQ falling by over 0.85%. In crypto markets, $BTC (-3.39%) is testing the low $26,000s, while $ETH (-3.34%) has dropped below $1800. Cross-chain bridge Multichain...
- Crypto Daily
HK Opens for Business, ETHBTC Reaches Critical Level
Cryptoassets and equities swapped roles today as the crypto market received a significant boost during Asian trading hours (more on this below). $BTC reclaimed its position above $27k, while $ETH made a strong push toward $1850. Among alts, the performance has been mixed. ETH scaling solutions $ARB, $OP, and $IMX...
- Crypto Weekly
No Man’s Land
A NOSEDIVE IN VOLATILITY Equities are not the only asset class undergoing a noticeable decline in volatility. Both Bitcoin and Ethereum are following a similar path. Over the past two months, there has been a significant decrease in the implied volatilities of these blue chip cryptoassets, especially following the fallout...
