Crypto Chat: Geopolitical tension & the recent narratives surrounding crypto
*Recorded February 28, 2022
Jack Runge, Digital Asset Strategy Associate, provides insight on the recent narratives surrounding digital assets amidst the recent geopolitical turmoil.
($BTC, $FIATY, $USDT)
Geopolitical Tensions are High, Liquidity is Low, and Bitcoin is a Reserve Asset
Reports you may have missed
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. https://vimeo. com/1004329827/c4c84bbbd7? share=copy TICKERS IN THIS VIDEO: BTC 0.08%
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 how HPC miners could benefit from an expected NVDA earnings beat. https://vimeo. com/1003406109/b257da9c1b? share=copy TICKERS IN THIS VIDEO: BTC 0.08% MKR -0.78%
In today's video, we explain why the recent order book imbalance appears to have cleared, discuss the potential for a “Trump Premium” to be priced back into markets soon, and highlight why BTC miners with HPC capacity present an attractive near-term risk/reward opportunity. https://vimeo. com/1001771898/33e2a30fca? share=copy TICKERS IN THIS VIDEO: BTC 0.08%
BTC Performance During US Market Hours Suggests Govt Selling as a Key Factor in Lack of Upside, Keep an Eye on Prediction Markets
Macro conditions have been ideal for a rally, yet BTC has struggled to break out, underperforming equities. We suspect government sales of 10k seized BTC are a major contributor to this relative weakness. However, we believe this pressure will ease soon, reducing the short-term bearish outlook. Additionally, we explore shifting trends in the presidential prediction markets. https://vimeo. com/1000970310/97c25fe159? share=copy TICKERS IN THIS VIDEO: BTC 0.08%
