MARKET SUMMARY Bitcoin & Ethereum are up ~2.81% & ~9.26%, respectively, over the past fortnight. The Ethereum network is set to complete its final stage of the Merge tomorrow, the 15th of September. This will mark the beginning of its Proof-of-Stake (PoS) era. US CPI came in higher than anticipated at 8.3% vs 8.1% est., […]
MARKET SUMMARY Bitcoin & Ethereum are down ~17% & ~21%, respectively, over the past fortnight. Jackson Hole: Powell's speech on higher rates bringing pain to households & businesses caused a global sell-off across risk assets, with $BTC & $ETH closing down ~6% & ~11%, respectively, on the day. FTX is set to list $GMX Spot. […]
MARKET SUMMARY Bitcoin & Ethereum are up 2.76% & 11.32%, respectively, over the past fortnight. The Goerli testnet successfully merged on the 11th of August, setting up mid-September for the final stage of the Merge. The U.S. Treasury has banned the usage of the crypto-mixing service Tornado Cash. US CPI came in lower than expected. […]
Market Summary Over the last fortnight, Bitcoin and Ethereum have increased by 12% & 25%, respectively. BTC 24k remained a significant level of liquidity, as echoed in our previous newsletter. Ethereum continues to be the main focus as we move closer to the Merge. This fortnight’s research piece will dive into what the Merge is […]
Market Summary BTC is down 68% from all-time highs. BTC is ranging between $18,910 and $22,530. Vol increased from 90% to 118% before declining back to 91% post-US CPI. Significant price levels: Support: $18,000 and $16,000. Resistance: $21,500, $23,000 and $24,000. Combining technical levels with our option flow model, we are expecting Bitcoin’s price to […]