FSI Digital Assets
- Market Update
- Crypto Strategy
Historical Data Suggests Volumes Bottom This Week
LOWER VOLUMES PERSIST Earlier this week, we witnessed approximately $2B in open interest being unwound within a matter of hours—a significant forced deleveraging event for an otherwise uneventful Tuesday, lacking a clear catalyst. In our view, the selloff was largely technical and indicative of the negative seasonality we've been discussing...
- Market Update
HNT Continues Outperformance as Offload Data Grows, Stacks Begins Nakamoto Upgrade
CRYPTO MARKET UPDATE In stark contrast to the recent BLS job number revisions, the government revised its Q2 GDP estimate higher this morning to 3%, leading to a jump in rates and the $DXY. However, this data also apparently boosted confidence in the soft landing trade, as rate-sensitive indices like...
Crypto Videos
Illiquid Summer Market Likely Behind Drawdown, MKR Endgame Advances
In today's video, we analyze recent constructive flows data, explore the downside volatility seen after the US market close, discuss the MKR rebrand, and examine...
Market Update
BTC ETFs See Another Day of Inflows, MakerDAO Rebrands to Sky
CRYPTO MARKET UPDATE Despite a $200 million inflow into BTC ETFs yesterday, crypto prices have declined over the past 24 hours. #BTC has fallen back...
Market Update
FTX Reorganization Plan Receives Complaints, Telegram Founder Arrested
MARKET UPDATE CRYPTO MARKETS EXTENDED LAST WEEK’S RALLY OVER THE WEEKEND, WITH #BTC BRIEFLY RISING ABOVE $65K AND #ETH ABOVE $2.8K. They have trimmed some...
- Crypto Videos
Jackson Hole Eliminates “Plane Climbing” Scenario for Crypto, Historical Data Suggests Volumes Bottom This Week
In this week’s video, we discuss the recent lack of spot market volumes and how historical data indicates that volumes are likely to bottom out this week. We also explore why the outcome of Jackson Hole significantly reduces the likelihood of a cyclical downturn for crypto in the near term....
Crypto Strategy
AI/HPC Miner Basket a Good Risk/Reward Ahead of NVDA Earnings
GOVERNMENT SELLING SEEMS TO BE COMPLETE Last week, we highlighted the negative seasonality from mid-August through September but emphasized that macro trends and identifiable crypto-specific...
Market Update
Markets Derisk Ahead of Jackson Hole, Franklin Templeton Expands MMF to Avalanche
MARKET UPDATE U.S. EQUITIES ARE DECLINING AS INVESTORS DERISK AHEAD OF TOMORROW’S SPEECH FROM FED CHAIR POWELL AT THE JACKSON HOLE ECONOMIC SYMPOSIUM, EXPECTED AT...
Liquid Ventures
Q3 2024 Portfolio Update
PORTFOLIO SNAPSHOT Tickers in this report: #AAVE, #INST, #LVL, #PENDLE, #LBR, #UNIBOT, #DUBBZ, #MBX, #PEAS, #MND, #ACX, #NCDT
Market Update
Crypto Holding Strong Post-BLS Revisions, Consolidation in Mining Industry Continues
CRYPTO MARKET UPDATE This morning's big news came from the BLS, which revised payrolls down by 818k for the 12 months ending in March. In...
