Tagged: crypto market report

March 19, 2024 @ 12:47 pm By Omar Faridi  |  

As the Bitcoin halving approaches, an event that is expected to reduce the daily BTC minting supply by half, several crypto industry analysts have provided their insights on the current state of the volatile crypto-assets markets. The Bitfinex Alpha Report aims to offer a comprehensive… Read More

December 4, 2023 @ 10:46 pm By Omar Faridi  |  

This past week saw several notable developments in the digital assets and blockchain space. As widely reported, the US Securities and Exchange (SEC) is seeking feedback on proposed bitcoin ETFs by Franklin Templeton and Hashdex. In other key updates, Interactive Brokers has now launched retail… Read More

August 6, 2023 @ 8:34 pm By Omar Faridi  |  

The futures basis, the difference in price between monthly settled bitcoin futures traded on the CME and the spot price of bitcoin, is “showing receding optimism from traders,” the team at NYDIG Research notes. The NYDIG Research team points out that the rolling 1-month futures… Read More

January 30, 2023 @ 3:50 pm By JD Alois  |  

After months of diminished interest, interest in digital asset investment products picked up last week, according to Coinshares. The report states that digital asset investments experienced a $117 million inflow last week, the largest since July 2022. At the same time, total assets under management… Read More

August 8, 2022 @ 3:21 pm By Omar Faridi  |  

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

July 13, 2022 @ 2:27 pm By Omar Faridi  |  

Cryptocurrency markets remained fairly bearish in June 2022 after May’s broad market sell off, the team at Kraken notes in a report. All crypto sectors “reported negative returns month-over-month; even the best performers posted losses exceeding -18%.” Meme and metaverse coins “performed only slightly better… Read More

June 5, 2022 @ 6:41 pm By Omar Faridi  |  

Prices of digital assets crashed in early May 2020, when Bitcoin (BTC) fell almost 32% from $39,500 to $27,000 within only a week. The team at Kraken asks, “Could this be the beginning of a long crypto winter?” Or do the on-chain metrics “tell a… Read More

March 6, 2022 @ 4:16 pm By Omar Faridi  |  

The correlation of Bitcoin to the Nasdaq is currently ~57%, “climbing over the past week,” according to an update from BitOoda. As the team at BitOoda had noted this past week, the Russian invasion of Ukraine led to “a large sell off that reversed faster… Read More

March 4, 2022 @ 8:23 am By Omar Faridi  |  

January 2022 was a “turbulent” month for the cryptocurrency sector as market participants saw “a broad sell-off,” the team at Kraken noted in an update. Kraken wrote in a blog post that the “continued uncertainty about the proposed U.S. Fed rate hikes in March and… Read More

February 27, 2022 @ 1:05 pm By Omar Faridi  |  

Bitcoin (BTC) appears to be set to close a highly volatile week with a green candle — rebounding from a drop to around $34,000 after Russian forces “punctuated several weeks of tensions in the areas around Ukraine with what looks like a full-scale invasion,” the… Read More

February 26, 2022 @ 4:28 pm By Omar Faridi  |  

Digital asset manager Grayscale notes that the Russian invasion of Ukraine has impacted international markets, including crypto-assets, which have “historically shown correlations to risk assets.” As noted in a blog post by Grayscale, this relationship has “become even more pronounced in recent years as institutional… Read More

February 25, 2022 @ 4:55 pm By Omar Faridi  |  

James Butterfill and Christopher Bendiksen from CoinShares have noted in a blog post dated February 24, 2022 that Bitcoin had an “immediate” price response to the Ukraine invasion when the news broke early this morning. According to the CoinShares researchers, it has become evident that,… Read More

February 25, 2022 @ 8:20 am By Omar Faridi  |  

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

February 23, 2022 @ 8:37 am By Omar Faridi  |  

The research team at BitOoda has provided an update on Bitcoin and broader public markets. As of February 15, 2022, $291 million in YTD fund outflows have taken place along with an inverted term structure of BTC volatility now “at 11% realized less implied.” As… Read More

February 22, 2022 @ 8:05 am By Omar Faridi  |  

Blockchain.com, a block explorer service, crypto wallet provider, and digital asset trading platform, notes that if people think that the 2022 Winter Olympics had “thrilling” ups and downs, they should consider getting into crypto and blockchain. During the coming weeks, Blockchain.com says it will be… Read More

February 15, 2022 @ 3:05 pm By Omar Faridi  |  

The correlation of Bitcoin (BTC) to the Nasdaq stands at around 53% and declining. Recently, the S&P and the Nasdaq have stabilized after the late January 2022 selloff, according to an update from BitOoda. As they’ve noted, a large down day in the Nasdaq is… Read More

February 14, 2022 @ 9:51 am By Omar Faridi  |  

Many people have come to own and embrace crypto-assets because of a powerful sense of mission that includes: fairness and efficiency meaning a desire to see transferring money more like sending a text message — “instantaneous and low cost to all, and not something that… Read More

February 3, 2022 @ 9:06 am By Omar Faridi  |  

The team at digital asset firm Gemini notes that there has been a considerable decline across the wider crypto market, including Bitcoin, since the beginning of 2022. However, Gemini points out in a report shared with CI that non-fungible tokens (NFTs) are “thriving.” The update… Read More

January 14, 2022 @ 4:32 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that if 2020 was the year of the bull, 2021 was the year that “crypto went mainstream.” During the past year, they claim to have “witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention… Read More

January 10, 2022 @ 8:52 pm By Omar Faridi  |  

Bitcoin-focused tech firm Blockstream notes in their Markets Weekly Report that BMN is launching a capital raise via Bitfinex Securities in the coming days. Meanwhile, El Salvador is preparing its regulatory framework for the upcoming BTC bond, and Goldman Sachs (NYSE:GS) recently stated that BTC… Read More