FSI Digital Assets
- Comments
- Market Update
Ethena's USDe to Integrate With Bybit, ETFs Post Another Day of Net Inflows
Rates are broadly lower again on Tuesday, with the US 10Y nearing 4.4%, down from 4.7% just under a week ago. Risk assets are on the rise, with both the $SPX and $QQQ showing gains today. Crypto performance is mixed so far, with #BTC retesting the $63k level after US...
- Market Update
Robinhood Receives Wells Notice, LayerZero Addresses Sybil Activity
U.S. equities are extending Fridayâs rally, with the $SPY and $QQQ both gaining about 0.65%. This weekâs macroeconomic data includes consumer credit tomorrow, wholesale inventories on Wednesday, and consumer sentiment on Friday. There are Fed speakers set for every day this week and itâll be interesting to monitor if they...
- Funding Fridays
Tokenization Turning Heads
WEEKLY RECAP Weekly funding fell from $152 million to $125 million across 23 deals compared to last week’s 31. The largest deal of the week was a $47 million strategic round completed by Securitize, notably led by BlackRock and making CeFi the leading fundraising category this week. As one of...
- Comments
- Market Update
MicroStrategy Announces Digital ID Product, LayerZero Takes Snapshot for Airdrop
We are finally starting to see some relief in interest rates and the #DXY following yesterday's FOMC meeting and the Treasury's quarterly refunding announcement. #BTC has rebounded from yesterday's low of $56.5k and is now trading just above $59k, while #ETH is attempting to break through $3k resistance. #SOL has...
- Liquid Ventures
Across Protocol
ACROSS OVERVIEW The crypto industry is becoming increasingly fragmented as more rollups and L1 chains launch, siphoning users and liquidity from other ecosystems while creating inefficiencies. To help combat against siloed ecosystems, many interoperability solutions have launched to make cross-chain transacting more intuitive. Many of these solutions are based on...
- Comments
- Market Update
Eigen Airdrop Sparks Debate, Hong Kong ETFs Debut With Minimal Flows
We are witnessing a continuation of the recent weakness in crypto markets today, with #BTC now testing $60k, #ETH just below $3k, and #SOL dipping under $130. The broader altcoin market is experiencing even more pronounced declines, with very few names posting a green candle today. The market was pushed...
- Market Update
Stripe Advances Crypto Efforts with Avalanche, Friend.Tech Airdrop Set for This Week
Investors will have a lot to digest this week, including various data releases such as consumer confidence, ADP Employment, JOLTS, and non-farm payrolls. Likely more important is the FOMC meeting and Treasury Quarterly Refunding Announcement (QRA), both set for Wednesday. Equities are gaining to start the week with the $SPY and $QQQ both up approximately 0.30%...
- Market Update
Technicals Suggest Another Leg Higher in BTC Dominance, ConsenSys Sues the SEC
Major equity indices are rallying on the back of solid earnings, with both the $SPX and $QQQ up over 1%. Meanwhile, crypto markets are churning lower, which is understandable as we should not expect crypto to rally alongside equities during an earnings-driven market. Crypto remains an apparently undecided market ahead...