Daily Market Brief 240517
CME vs COIN: Not Zero-Sum Game
Daily market Brief
Daily market Brief
Daily Market Brief 240516
Hong Kong Investors Own 15% of IBIT Shares
Weekly Hot Take
Tokenisation vs. Satoshi’s Vision? Takeaways from the FT Crypto & Digital Assets Summit
Exploring the main takeaways from the FT Crypto & Digital Assets Summit, and in particular, the disconnect between crypto natives and institutional crypto players.
Daily market Brief
Daily Market Brief 240515
Another Hint ETH ETF May Be Denied
Daily market Brief
Daily Market Brief 240514
Post-Halving Difficulty Adjustment Continues
Daily market Brief
Daily Market Brief 240513
Is Crypto Inherently Political?
Blockchain Focus
[ZK series - 1] ZK Rollups: Elephant In the Room
There is an elephant in the room for ZK rollups that is not revealed too often.
Trading Focus
Optimizing Funding Fee Arbitrage
The unique attributes of the bitcoin futures market often serve as fertile ground for implementing risk-free trading strategies. In this report, we analyze two different strategies involving funding fee arbitrage, aiming to identify the most optimal approach.
Daily market Brief
Daily Market Brief 240510
Market Under Supply Pressure?
Weekly Hot Take
Market Making: Predatory or Essential?
Market makers contribute significantly to reducing volatility and transaction costs by providing substantial liquidity, ensuring efficient trade execution, fostering investor confidence, and enabling smoother market operations.
Daily market Brief
Daily Market Brief 240509
ETH-BTC IV Spread: ETF Speculation?
Daily market Brief
Daily Market Brief 240508
Susquehanna’s $1bn GBTC holdings
Weekly Hot Take
Is FDV a Meme?
The MC/FDV ratio for the top 10 projects launched in 2024 is around 0.12, indicating that only 12% of the total tokens are circulating, and over $60 billion would be needed in the next five years just to sustain the current price.
Daily market Brief
Daily Market Brief 240507
Dive into Visa’s Stablecoin Report
Daily market Brief
Daily Market Brief 240506
Seed of Dovish Pivot Has Been Planted
Daily market Brief
Daily Market Brief 240503
ETF Investors: Diamond- or Paper-Hands?
Daily market Brief
Daily Market Brief 240502
Final Dip Before Rebound?
Daily market Brief
Daily Market Brief 240430
Preview into HK BTC & ETH ETF
Weekly Hot Take
2024 SEABW Takeaway: Southeast Asia’s PMF with Blockchain
Blockchain finds a PMF in geographies where society appreciates "frictionless value exchange." The value system instilled in Southeast Asia aligns well with this, suggesting a strong product-market fit (PMF) in Southeast Asia.
Daily market Brief
Daily Market Brief 240426
IBIT Daily Inflow $0: Don’t Panic
Daily market Brief
Daily Market Brief 240425
HK ETF's Stock Connect Eligibility
Daily market Brief
Daily Market Brief 240424
Is BTC in for a quiet summer?
Daily market Brief
Daily Market Brief 240423
Food for thought: 2 takeaways from the IMF’s paper on cross-border Bitcoin flows
Daily market Brief
Daily Market Brief 240422
Rune's 'les Deux-Jours'
Trading Focus
Post-Halving BTC Outlook: Is the Worst of the Drawdown Behind Us?
Drawdowns are hard on any traders but especially so for BTC traders given its higher volatility. After the successful completion of its 4th halving on April 19th(UTC), BTC trades at $63,000-65,000 range, still some 19% down from its peak. In this report, we analyze the current drawdown in terms of its magnitude and duration and compare it to the past episodes to put it into perspective.
Daily market Brief
Daily Market Brief 240419
First negative BTC funding of 2024
Weekly Hot Take
The 2024 BTC Halving Preview: Bullish but is it tradeable?
A deep dive into past halvings, BTC supply dynamics, and the macro backdrop.
Daily market Brief
Daily Market Brief 240418
Tough Year for Altcoins
Daily market Brief
Daily Market Brief 240417
Bearish sentiment rises: a look at ETH IV
Daily market Brief
Daily Market Brief 240416
Seeking a New Equilibrium
Weekly Hot Take
Hong Kong's BTC Spot ETF: Trigger for China's Institutional Flow
We conservatively estimate the HKEX-listed Bitcoin spot ETF to attract US$10-20bn inflow in the first 12 months upon listing.
Daily market Brief
Daily Market Brief 240415
Why HKEX’s ETF Listing Matters
Blockchain Focus
Unlocking Dencun Upgrade: Unseen Truth of Scaling DA Layers
The future of Ethereum’s DA is both exciting and challenging, with various solutions presenting unique trade-offs. As the ecosystem continues to evolve, individuals must carefully weigh the pros and cons of each approach to ensure the best fit for their needs.
Daily market Brief
Daily Market Brief 240412
13F Filings reveal Bitcoin ETF buyers
Daily market Brief
Daily Market Brief 240411
Bitcoin Decouples
Daily market Brief
Daily Market Brief 240410
Asian Microstrategy in the making?
Daily market Brief
Daily Market Brief 240409
More negative signal for ETH spot ETF
Daily market Brief
Daily Market Brief 240408
Genesis completes GBTC liquidation
Daily market Brief
Daily Market Brief 240405
BCH Jumps After Halving - Precursor to Upcoming BTC Halving?
Daily market Brief
Daily Market Brief 240404
Who’s Driving Gold’s ATH?
Weekly Hot Take
ETH Spot ETF Approval: Inside Gary’s Head
ETH spot ETF approval ultimately depends on one individual - Chairman Gensler. Given this, we evaluate its prospect through Gensler's lens, focusing on his assessment of the risks and rewards associated with his choices.
Trading Focus
Is retail FOMO manifesting now?
We examine three social media metrics to evaluate where we are in the current bull cycle.
Daily market Brief
Daily Market Brief 240403
US Government Moves $2B in Bitcoin to Coinbase
News
Presto Fund Recognized As #1 in Net Return in January Among Cryptocurrency Funds
Presto Digital Fund 1 achieves top net return in January within cryptocurrency sector according to BarclayHedge
Daily market Brief
Daily Market Brief 240402
Tether Adds $600mn BTC To Its Reserve