Summary We see a bearish divergence on the RSI and MACD. Unless we are in a full-blown bull market like at the end of 2020, this usually leads to shallow pullbacks. Blackrock has plans to file for an Ethereume ETF.…
Summary Blackrock ETF ticker listed on the DTCC making rounds on Twitter last week, rumored to have driven the price up to $35,000. FOMC meeting 11/2 this week. Low probability of revisiting under $30,000. Preferably, we don’t go below $32,000…
Abstract Blackrock CEO Larry Fink says Crypto could be a “flight to quality.” The rapid rise in the US CPI for the second consecutive month in September continues to support the Fed to keep interest rates high. CPI data for…
Weekly Crypto Market Research and Trade Ideas 9/28 – 10/6 Summary Happy Columbus Day! Although inflation is decelerating faster than the Fed’s forecast, continued strong employment and economic fundamentals will fuel skepticism about the pace of inflation reduction. The market is in a vacuum and…
Weekly Crypto Market Research and Trade Ideas 9/20 – 9/28 Summary: Japan’s largest investment bank, Nomura, launched a Bitcoin Adoption Fund for institutional investors. Link Mainnet conference took place in NYC, where we hosted one of the largest networking events. Token…
Overview We generally maintain a cautiously optimistic attitude, with a long-term positive outlook that remains unchanged. The Federal Reserve and inflation can no longer produce significant shocks to the market, and currently, no obvious negative factors are emerging. However, if…
Summary: Rising oil prices for two consecutive weeks have exacerbated concerns about inflation, pushing up US bond yields and further boosting the dollar to its highest level in nearly six months We still believe that the Cancun upgrade at the…
Abstract 7-day Volatility reverts back 28% as Bitcoin consolidates after the large move last week. Technical levels coming up $23,000 and next $20,000.Despite multiple positive factors since June, the cryptocurrency market hasn’t seen improved liquidity, resulting in a restructuring of…
Abstract Coinbase got approved by National Futures Association (NFA) to start buying and selling futures contracts. The first crypto exchange to be allowed to offer leveraged crypto futures in the US. China Evergrande filed for bankruptcy in the U.S. markets…
Abstract The SEC’s delay in approving the Bitcoin ETF was to be expected; a conservative estimate suggests that it may still take 6-8 months for the Bitcoin ETF to be approved. Inflation and the Federal Reserve are no longer the…
