JPow raised 75bps yesterday and once again we see there are no markets, only the Fed. A lot of interesting things going on with the market charts. Vol for ETH and BTC are down significantly. S&P/NASDAQ vol has increased w macro challenges facing the world. Crypto has started down a path of “decoupling” but we […]
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It continues to be clear to that there is no market, only the Fed. Everyone expects a Fed pivot in the near term, but we aren’t convinced. Fighting inflation is hard because it’s like trying to put toothpaste back in the tube. The money that has been printed is out there in the process of […]
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It’s been a wild week in the financial markets after the Fed announced a 75 bps rate hike last week and gave hawkish guidance for the foreseeable futures. Once again it seems there aren’t markets anymore, there is only the Fed. The fund performed as we wanted it to last week: boring, consistent returns. We […]
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The Merge was successfully completed and the ETH chain is now Proof-of-Stake! This is the biggest news for the crypto markets in some time. It was a massive technical undertaking and extremely impressive execution by the core dev team.
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Despite moving in unison for much of the year, $ETH outperformed major U.S. stock indices the last week of August and initial signs of a decoupling have started to show. ETH Funding rates are at a 14 month low and there are a lot of different strategies investors have going into The Merge. The Merge […]
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This week’s market snapshot Ethereum gets closer to The Merge, Bellatrix scheduled for September 6 Avalanche Scandal Mastercard partners with Binance to allow crypto payments The market reacted negatively to Jerome Powell’s press conference in Jackson Hole last Friday which sent prices sharply down. ETH is still being viewed as a risk asset and staying […]
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Ethereum eclipsed $2,000 late last week and has had 75%+ gains in the last 30 days, while Bitcoin is trading sideways. With the Merge right around the corner, investors are showcasing bullish sentiment. Continue reading on Twitter
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This week’s market snapshot Nomad loses nearly $200M in bridge attack Solana to launch physical store, Solana Spaces Voyager lawyers clash with SBF over buyout offer California overturns ban on political crypto donations The market dynamic today is a kind of bizarro-world. Poor consumer sentiment, plummeting savings rates, plummeting PMI, earnings misses by most major […]
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This week’s market snapshot What happens now with Mt. Gox’s 138K BTC? Celsius refused to show financials for $6B bailout Uniswap users lose $8M in phishing attack Shanghai allocates $1.5B to metaverse fund Over the last few weeks ETH has had a massive rally, up over 43% since July 1 when our ETH fund launched, […]
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This week’s market snapshot Ethereum completed its latest merge test MakerDAO and TradFi bank partnership proposed Aave proposes stablecoin GHO Nexo extends offer to acquire Vauld Meta to shutter Novi Axie Infinity hack caused by fake job offer Over the last week ETH and BTC gave up most of their gains from the week prior. […]
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