Thursday, April 24, 2025
Today’s report: Bitcoin more about currencies than stocks
Bitcoin has recently shown a stronger correlation with currency market movements than with US equities. While stocks have faced challenges,...
Wednesday, April 23, 2025
Today’s report: Bitcoin stands tall, ETH making moves
Bitcoin continues to exhibit remarkable resilience, navigating a turbulent macroeconomic environment with poise. Bitcoin has managed to maintain its upward...
Tuesday, April 22, 2025
Today’s report: Bitcoin decouples from slumping stocks
Bitcoin continues to demonstrate resilience, holding steady despite a volatile macro landscape. Crypto market participants will be pleased to see...
Monday, April 21, 2025
Today’s report: Institutional flows, corporate moves fuel optimism
Bitcoin continues to hold up well, showing resilience amidst a period of downside pressure on crypto assets. The bitcoin Fear...
Tuesday, April 15, 2025
Today’s report: Bitcoin holds firm on corporate demand
Bitcoin and crypto assets overall continue to show signs of holding up well despite headwinds in traditional markets. Institutional accumulation...
Monday, April 14, 2025
Today’s report: Bitcoin outpacing equities in shifting global landscape
Financial markets have shifted from tariff-driven volatility to a broader recovery in risk assets, including cryptocurrencies. With trade tensions subsiding,...
Thursday, April 10, 2025
Today’s report: Dollar’s dip, bitcoin’s lift – a policy-driven edge
Bitcoin’s correlation with US equities may have garnered excessive attention, while its ties to Federal Reserve policy and the US...
Wednesday, April 9, 2025
Today’s report: Bitcoin holding up well in global storm
There’s no denying that cryptocurrency markets have faced pressure amid a broader global market downturn, driven by escalating trade war...
Tuesday, April 8, 2025
Today’s report: Fundamentals signal maturing market
The cryptocurrency market has held firm over the past 24 hours, weathering broader financial ripples with quiet strength. Institutional interest...
Monday, April 7, 2025
Today’s report: Market turmoil unveils golden opportunities
Global financial markets have been jolted by surging volatility after President Trump’s surprise announcement of steep global tariffs, raising concerns...
Thursday, April 3, 2025
Today’s report: Crypto’s quiet strength
We’ve long anticipated crypto assets would begin to outperform, especially compared to U.S. equities, and early signs of this may...
Wednesday, April 2, 2025
Today’s report: Q1 reflections and outlook
It’s been a challenging period for cryptocurrencies, with bitcoin and ether experiencing their weakest quarterly performance since 2018. In Q1,...
Tuesday, April 1, 2025
Today’s report: From Q1 blues to April gains
April has reigned as bitcoin’s third-strongest month, a historical beacon of hope for investors. This tidbit shines especially bright after...
Monday, March 31, 2025
Today’s report: Time for relative strength
Our technical outlook has provided valuable guidance during what has been a turbulent and directionless period of trading. Notably, we’ve...
Thursday, March 27, 2025
Today’s report: Expecting relative strength from here on
Following up on our Wednesday note, there continues to be many positive signs within the crypto market suggesting we could...
Wednesday, March 26, 2025
Today’s report: The question on everyone’s mind
We’ve reached an interesting point in 2025 where it feels like crypto assets could start to make a big move...
Tuesday, March 25, 2025
Today’s report: Bitcoin’s identity still not fully appreciated
Fresh catalysts from within the crypto space have been few and far between in recent days, leaving the market to...
Monday, March 24, 2025
Today’s report: Encouraging price action signs
The crypto market is still trying to establish renewed bullish momentum after struggling for much of Q1 2025. But we...
Thursday, March 20, 2025
Today’s report: Post Fed Pop
The Fed decision has come and gone. On balance, the market has welcomed the central bank’s communication – one which...
Wednesday, March 19, 2025
Today’s report: A case of nervous, tight trade
Price action has been eerily quiet over the past several sessions. Indeed, bitcoin has recovered out from recent lows. At...
Tuesday, March 18, 2025
Today’s report: Super tight trading conditions
Overall, conditions in the crypto market are rather tight at the moment, with no clear directional bias. Indeed, we have...
Monday, March 17, 2025
Today’s report: Possibility for one more setback should be considered
In recent days, crypto market participants have been feeling better. The bleeding has stopped and the market has been trying...
Thursday, March 13, 2025
Today’s report: A little boost from softer US CPI
Bitcoin and crypto assets were able to generate some more momentum on Wednesday after US inflation data came in softer...
Wednesday, March 12, 2025
Today’s report: Relative strength
The market will be hoping Tuesday’s bitcoin bounce is the start to a resumption of the bigger picture uptrend. Technically...
Tuesday, March 11, 2025
Today’s report: Not much more pain from here
The pullback we’ve been seeing in the crypto market is a lot easier to digest if you’ve been keeping up...
Monday, March 10, 2025
Today’s report: Clarity through the chart
We continue to highlight the significance in appreciating the fact that current crypto market weakness is more about a sell...
Thursday, March 6, 2025
Today’s report: Reflections ahead of Friday’s crypto summit
We think the market is probably fixating too much on tomorrow’s White House Crypto Summit. The bigger focus should be...
Wednesday, March 5, 2025
Today’s report: The bigger picture
There has been so much going on in the headlines, that it’s easy to get distracted from the bigger picture....
Tuesday, March 4, 2025
Today’s report: Why the jackknife reversal?
All of the euphoria around President Trump’s Sunday message of a US crypto reserve has more than faded away. The...
Monday, March 3, 2025
Today’s report: Some good news as March gets going
President Trump’s latest social media post about a US crypto reserve has inspired a healthy recovery in crypto assets. This...
Thursday, February 27, 2025
Today’s report: Putting the price action in context
We’re seeing some attempts at a recovery in crypto assets on this Thursday, though we’re not convinced this is the...
Wednesday, February 26, 2025
Today’s report: Waiting on the next big catalyst
The market has gotten off to a tough start in 2025. We believe there are two material factors contributing to the...
Tuesday, February 25, 2025
Today’s report: Bitcoin weakness turns heads
Up until now, though we have seen weakness on the periphery within the crypto market, bitcoin has managed to hold...
Monday, February 24, 2025
Today’s report: Setbacks limited all things considered
Crypto assets are under a little pressure as the new week gets going. At the same time, there has been...
Thursday, February 20, 2025
Today’s report: Resilient all things considered
It’s been a quiet week for crypto assets. But overall, any setbacks continue to be well supported on dips by...
Wednesday, February 19, 2025
Today’s report: A maturing asset class
February has historically been a strong performance month for crypto assets. Yet, to this point, we haven’t seen any evidence...
Tuesday, February 18, 2025
Today’s report: This too shall pass
Crypto assets are under a little pressure as the week gets going. While there have been no major shifts in...
Monday, February 17, 2025
Today’s report: Is ETH finally getting ready to make a move?
Bitcoin continues to trade in a multi-day range, with setbacks well supported down towards $90k. The range trade is classified...
Thursday, February 13, 2025
Today’s report: Handling adversity
The bitcoin chart continues to reflect calm in the market as the price consolidates above $90k. Bitcoin has done a...
Wednesday, February 12, 2025
Today’s report: US inflation data in focus
We believe the story right now is more about the market getting reacquainted with President Trump’s tactics than any material...
Tuesday, February 11, 2025
Today’s report: ETH finally ready to make a move?
Market conditions have been relatively quiet, though we are starting to see signs of some movement. While bitcoin remains confined...
Monday, February 10, 2025
Today’s report: Endowments coming to crypto
Market activity has been relatively stable in recent sessions and crypto assets have managed to successfully avoid the intense bearish...
Thursday, February 6, 2025
Today’s report: Global macro remains in the spotlight
Bitcoin remains confined to a choppy, directionless consolidation. The intense setbacks in financial markets to start the week have been...
Wednesday, February 5, 2025
Today’s report: Getting back to crypto fundamentals
There is a sense all of the drama and worry around trade wars could be fading away, which should get...
Tuesday, February 4, 2025
Today’s report: It’s all about the all-consuming tariff updates
Movement in the crypto market has been dominated by all things President Trump and US administration tariff policy. This has...
Monday, February 3, 2025
Today’s report: Seasonal trends point to brighter February
We’re coming out of a January month that was a mixed bag for crypto assets. On the one side, bitcoin...
Thursday, January 30, 2025
Today’s report: Fresh wave of demand post FOMC
Crypto assets have been in rally mode over the past 24 hours, with a lot of the boost attributed to...
Wednesday, January 29, 2025
Today’s report: Is ETH getting ready to play catch-up?
Monday’s market pullback is now looking like nothing more than a blip. We had talked a lot about this earlier...
Tuesday, January 28, 2025
Today’s report: Considering the price action and overall trend
In our Monday update we highlighted the importance of being able to take a step back amidst some intense short-term...
Monday, January 27, 2025
Today’s report: Forest through the trees
Crypto assets have come under intense pressure as the new week gets going. We believe the primary drivers for the...
Thursday, January 23, 2025
Today’s report: Ethereum initiative ramps up
Things have been relatively quiet in the crypto market over the past 24 hours. We’ve seen some mild downside pressure,...
Wednesday, January 22, 2025
Today’s report: Long overdue regulatory clarity
The crypto market is welcoming the news of the SEC launching a crypto task force aimed at “developing a comprehensive...
Tuesday, January 21, 2025
Today’s report: Plenty of demand on dips
Monday’s bitcoin rally to a fresh record high ran into initial resistance ahead of $110,000. There was speculation of selling...
Monday, January 20, 2025
Today’s report: Crypto market buzzing from memecoin move
If there were any doubts about just how crypto friendly President Trump would be during his tenure as President, those...
Thursday, January 16, 2025
Today’s report: More evidence of mainstream adoption
A recent poll in the US should start turning heads after revealing over half of the respondents had sold stocks...
Wednesday, January 15, 2025
Today’s report: Correlations with traditional markets
It’s been a shaky start to 2025 for crypto assets. But all things considered, the latest sharp setbacks have been...
Wednesday, January 8, 2025
Today’s report: Fed repricing invites selling pressure
Bitcoin and crypto assets across the board have come under pressure over the past 24 hours. Indeed, on a short-term...
Tuesday, January 7, 2025
Today’s report: Bitcoin already cooking in 2025
Bitcoin is off to a strong start in the new year. The market has already rallied convincingly enough back above...
Monday, January 6, 2025
Today’s report: What about bitcoin dominance?
Bitcoin dominance has been a big theme in crypto markets over the past several months. The metric is used to...
Tuesday, December 31, 2024
Today’s report: Another year of impressive performance
Traditional markets will be looking at an impressive year of performance in US equities and gold. The NASDAQ is set...
Monday, December 23, 2024
Today’s report: Signs of bitcoin dominance cooling off
Trading conditions will thin out dramatically from now into year end on account of the holidays. Bitcoin and ETH have...
Thursday, December 19, 2024
Today’s report: Fed decision too much to ignore
The crypto market has already been on pins and needles around the possibility for a correction following the record run...
Wednesday, December 18, 2024
Today’s report: Dips continue to be well supported
The crypto market has been more cautious of late, with many participants worrying about the possibility for a healthy correction...
Tuesday, December 17, 2024
Today’s report: The trend is your friend into year end
There has been little slowdown in demand for crypto assets, despite the already impressive momentum in recent weeks and well...
Monday, December 16, 2024
Today’s report: Another record high for bitcoin
Earlier today, bitcoin extended its record run through $106,000. Beyond the ongoing technical case pointing to additional upside, there have...
Thursday, December 12, 2024
Today’s report: Will ETH retest the record high before year end?
In Wednesday’s report, we highlighted the need for there to be more focus on the world’s second largest crypto asset....
Wednesday, December 11, 2024
Today’s report: Microsoft vote more about the consideration
The market wasn’t expecting the vote to go through. According to PolyMarket, odds Microsoft shareholders would vote in favor of...
Tuesday, December 10, 2024
Today’s report: Nothing more than a minor correction
Monday’s shakeup in crypto markets wasn’t to be unexpected. We’ve seen some big moves in recent weeks. So a healthy...
Monday, December 9, 2024
Today’s report: Is ETH on course for a fresh record high?
We come into the new week with the crypto market in a consolidation state following some impressive moves. The most...
Thursday, December 5, 2024
Today’s report: Bitcoin finally clears $100k
Bitcoin has finally broken through the $100k barrier after getting a nice boost from Wednesday headlines. As per our technical...
Tuesday, December 3, 2024
Today’s report: What to expect in December
There’s been a clear wave of selling as December gets going, though the downside pressure feels more like it’s about...
Monday, December 2, 2024
Today’s report: A review as we come into December
Historical studies had been forecasting an impressive month of performance for crypto assets in November and those expectations weren’t let...
Thursday, November 28, 2024
Today’s report: ETH outpacing bitcoin…for a change
Bitcoin continues to consolidate below $100k and remains exceptionally well supported into dips. The fundamental backdrop remains constructive and there...
Wednesday, November 27, 2024
Today’s report: Tornado Cash and Rumble
There is nothing alarming about the recent pullback in the price of bitcoin. Month-to-date, bitcoin is up 30% into Wednesday...
Tuesday, November 26, 2024
Today’s report: Close but no cigar
Bitcoin has run into some resistance ahead of the much talked about $100,000 barrier. The latest attempts to cross the...
Monday, November 25, 2024
Today’s report: Case studies and the ETHBTC ratio
Bitcoin demand has been persistent and we continue to see the asset exceptionally well supported into dips as it keeps...
Thursday, November 21, 2024
Today’s report: Is ETH getting ready to catch up?
Bitcoin has continued with the charge to fresh record highs, seemingly on a mission to take out the much talked...
Wednesday, November 20, 2024
Today’s report: The MicroStrategy Effect
MicroStrategy continues to buy bitcoin aggressively, with both the direct bid and impact and influence from the success of this...
Tuesday, November 19, 2024
Today’s report: Looking beyond $100k
There’s plenty of reason for bitcoin to be wanting to trade higher. The interesting thing here is that it can...
Monday, November 18, 2024
Today’s report: All eyes on that bitcoin $100k level
The speculative frenzy in the aftermath of the US election result appears to finally be cooling off a bit as...
Thursday, November 14, 2024
Today’s report: Red Sweep Confirmed
The red sweep is official after it was finally confirmed the Republicans will maintain control of the House. The news...
Wednesday, November 13, 2024
Today’s report: Daily volume soars to highest level since Q1
The repricing of regulatory risk in the US continues to be a major market theme right now. The expectation is...
Tuesday, November 12, 2024
Today’s report: What’s fueling the intense demand?
Bitcoin has been moving at an incredible pace after finally taking out the previous record high from March, now within...
Monday, November 11, 2024
Today’s report: $100k bitcoin before the year is out?
Bitcoin just put in its first weekly close above $80,000 to solidify the impressive breakout in the previous week to...
Thursday, November 7, 2024
Today’s report: Volumes surge in election aftermath
Though we have seen plenty of traditional market adoption of crypto assets in 2024, this week’s US election result has...
Wednesday, November 6, 2024
Today’s report: Bitcoin posts fresh record high
Bitcoin and crypto assets across the board are celebrating the US election results which are showing a landslide victory for...
Tuesday, November 5, 2024
Today’s report: All eyes on US election
All of the attention will be on the US election over the coming sessions. This is going to be a...
Monday, November 4, 2024
Today’s report: All things considered
Despite some weakness in recent sessions and over the weekend, bitcoin is looking strong as we come into the final...
Thursday, October 31, 2024
Today’s report: Is ETH a sleeping giant about to wake?
We’re into the final day of trade for October and though bitcoin performance has been solid, we are well short...
Wednesday, October 30, 2024
Today’s report: About performance relative to Uptober expectations
Bitcoin performance has been impressive in recent sessions. But if it wants to have any shot at matching average October...
Tuesday, October 29, 2024
Today’s report: Readying for the next big surge
Bitcoin is on the move after finally clearing the July peak and major psychological barrier at $70,000. This sets the...
Monday, October 28, 2024
Today’s report: Bitcoin looking for strong October close
We’re into the final week of what has become known as Uptober given historical performance in October. Bitcoin is up...
Wednesday, October 23, 2024
Today’s report: Latest stumble to be taken with a grain of salt
Crypto price action has faltered into the mid-week though it’s important to take the price action with a grain of...
Monday, October 21, 2024
Today’s report: Making the case for a push to $100k
It’s feeling like a breakout to a fresh record high in the price of bitcoin is inevitable and inching closer....
Wednesday, October 16, 2024
Today’s report: Positive catalysts keep coming
Overall, activity in the crypto market is looking quite healthy in October, consistent with bullish seasonal trend studies. Interestingly enough,...
Tuesday, October 15, 2024
Today’s report: Appetite picking up in a big way
Things are looking up as this new week pushes forward. There have been a number of developments over the past...
Monday, October 14, 2024
Today’s report: Bitcoin demand picks up as week gets going
Seasonal trend analysis pointing to a strong October and strong Q4 performance continues to be the focus despite a patchy...
Thursday, October 10, 2024
Today’s report: Perhaps it’s the Dollar demand?
Wednesday’s market setbacks have been well supported and dips continue to be quite shallow. At the moment, there is some...
Wednesday, October 9, 2024
Today’s report: The MicroStrategy Effect
Traditional markets have perhaps been even more turned on to bitcoin as MicroStrategy stock surges to its highest level in...
Tuesday, October 8, 2024
Today’s report: About Q4 bitcoin performance in halving years
Absence of any major headlines has left us focused on seasonal trend analysis and global macro headlines. As far as...
Monday, October 7, 2024
Today’s report: The lure of an uncorrelated asset class
Crypto assets have performed exceptionally well in the aftermath of last Friday’s US jobs report. The fact that yield differentials...
Wednesday, October 2, 2024
Today’s report: Impressive volume in shaky start to Uptober
The crypto market has been very excited about its against the odds positive September performance, especially as we come into...
Tuesday, October 1, 2024
Today’s report: Stage set for strong Q4
The market was nervous heading into September knowing it was the worst month of performance for bitcoin on an average...
Thursday, September 26, 2024
Today’s report: Bitcoin recovers after misleading headline
There was some confusion in Wednesday trade that opened a minor wave of downside pressure on bitcoin and other crypto...
Wednesday, September 25, 2024
Today’s report: Risk on…risk off….it really doesn’t matter
Global markets have been feeling great about a wave of accommodation and stimulus out of the US and China, which...
Tuesday, September 24, 2024
Today’s report: Against all odds
We got off to a rocky start in September, very much in line with the historical trend, before things turned...
Monday, September 23, 2024
Today’s report: Demand for crypto beyond bitcoin
Appetite for crypto assets has picked up quite a bit in recent sessions. The primary catalyst has unquestionably come from...
Thursday, September 19, 2024
Today’s report: Fed sets the stage for impressive Q4
The Fed has gone ahead and given investors everything they could have been hoping for after slashing rates by 50-basis...
Wednesday, September 18, 2024
Today’s report: Taking a step back
All eyes are on today’s Fed decision, though correlations between crypto and traditional markets have been less relevant in recent...
Tuesday, September 17, 2024
Today’s report: Waiting on the next big breakout
Price action in crypto markets remains quite choppy. Ultimately, it comes down to a bitcoin market confined to some very...
Monday, September 16, 2024
Today’s report: More choppy, directionless trade than anything else
Crypto assets have come under some pressure as the week gets going. The setbacks have been somewhat perplexing as there...
Thursday, September 12, 2024
Today’s report: Charts are waiting for more excitement
Crypto assets are holding up well after a whipsaw day of price action, largely in response to the US CPI...
Wednesday, September 11, 2024
Today’s report: What to expect from the US inflation data
It’s unlikely the presidential debate is having any major impact on the market. We believe the latest price action is...
Tuesday, September 10, 2024
Today’s report: Crypto assets and the presidential debate
The market still has its work cut out for it given historical underperformance in September. At the same time, setbacks...
Monday, September 9, 2024
Today’s report: September living down to expectations
The first week of September hasn’t done anything to let down seasonality trend analysis that had be warning of a...
Thursday, September 5, 2024
Today’s report: Sentiment deterioration offsets yield shift
Wednesday’s release of an abysmal US JOLTs job openings inspired broad based currency gains against the US Dollar as the...
Wednesday, September 4, 2024
Today’s report: What’s been behind the weakness?
There have been a number of developments in recent sessions contributing to the latest slide in crypto assets. On the...
Tuesday, September 3, 2024
Today’s report: Seasonal trends and what to expect
We’re coming out of an ugly month of performance for crypto assets. Seasonal trends had already warned of weakness in...
Monday, September 2, 2024
Today’s report: Perhaps a little more chop before the next big run
August was a tough month for crypto assets. Bitcoin closed the month down nearly 9%, while ETH was hit much...
Thursday, August 29, 2024
Today’s report: Insights into the ETHBTC ratio
Setbacks in crypto assets are once again proving to be exceptionally well supported on dips. It feels like a lot...
Wednesday, August 28, 2024
Today’s report: Recent price action and historical performance
As per today’s technical insights, it’s important to take a step back and look at the bigger picture. When we...
Tuesday, August 27, 2024
Today’s report: Mild downside pressure in otherwise constructive structure
Crypto assets pulled back on Monday, presumably on a wave of mild profit taking from shorter-term accounts. There weren’t too...
Monday, August 26, 2024
Today’s report: Bitcoin gets boost from the Fed Chair
We’re coming out of an impressive week of performance for crypto assets led by a charge in the price of...
Thursday, August 22, 2024
Today’s report: Stablecoin flows and rate cuts
This week’s theme has been very much about a crypto market caught in consolidation all while the fundamental signals continue...
Wednesday, August 21, 2024
Today’s report: More about the relative weakness
Many out there have been struggling to reconcile price action in the crypto market over the past several days. Macro...
Tuesday, August 20, 2024
Today’s report: Crypto prices finally waking back up
On Monday, we highlighted the fact that the fundamentals in the crypto space and on the macro front were looking...
Monday, August 19, 2024
Today’s report: Everything looking up despite lackluster price action
We’re coming out of an interesting week of price action for crypto assets. There were many upbeat headlines, all while...
Thursday, August 15, 2024
Today’s report: About the relative weakness
It’s difficult to reconcile relative weakness in crypto assets over the past 24 hours. Any familiar correlations have fallen by...
Wednesday, August 14, 2024
Today’s report: Yield differential swings prop crypto assets
Tuesday’s cooler than expected US producer prices data was a welcome development for crypto assets. The softer than expected inflation...
Tuesday, August 13, 2024
Today’s report: US inflation data and geopolitical risk
We’re off to a quiet start to the week in some exceptionally thin summer trading conditions. Overall, bitcoin and ETH...
Monday, August 12, 2024
Today’s report: ETH weekly ETF flows turn positive
Much like the story with US equities right now, crypto investors are trying to figure out if we’ve bottomed out...
Thursday, August 8, 2024
Today’s report: Volumes up, headlines looking good
Crypto assets have been well supported into Thursday on the back of a number of positive catalysts. We believe a...
Wednesday, August 7, 2024
Today’s report: Plenty of room for positivity
Crypto assets are doing a good job recovering after some intense downside price action in recent days. There is no...
Wednesday, July 31, 2024
Today’s report: Evidence of a maturing asset class
We haven’t seen all that much movement in bitcoin and ether this week, with both markets caught in consolidation. However,...
Tuesday, July 30, 2024
Today’s report: Headwinds well absorbed
Crypto assets continue to show just how resilient they are, with setbacks well absorbed at every turn. In recent days,...
Monday, July 29, 2024
Today’s report: Bitcoin getting ready for another big push
We’ve seen a nice resurgence in demand for crypto assets, led by an impressive push higher in the price of...
Thursday, July 25, 2024
Today’s report: Less about crypto, more about the macro
Bitcoin and crypto assets have come under intense pressure this week. At the same time, it’s quite clear the setbacks...
Wednesday, July 24, 2024
Today’s report: ETH ETFs well received on first day
On balance, the first day of ETH ETF trading in the US proved to be a healthy success. Much like...
Tuesday, July 23, 2024
Today’s report: The bullish case for ETH
Much of the focus for Tuesday will be around the ETH ETFs finally going live. The event has been highly...
Monday, July 22, 2024
Today’s report: Crypto reaction to Biden withdrawal
Most of the price action as the new week gets going has been around reaction to the news of President...
Thursday, July 18, 2024
Today’s report: Considering crypto performance when US stocks are falling
One of the most interesting things about bitcoin is the fact that it has never had the benefit of trading...
Wednesday, July 17, 2024
Today’s report: Bitcoin eyes retest of record high
We continue to see a better bid crypto market, getting a nice added push on the increased odds for a...
Tuesday, July 16, 2024
Today’s report: About politics and repayments
There has been no denying the correlation between odds for a Trump presidency and this latest rally in crypto assets....
Thursday, July 11, 2024
Today’s report: Keep an eye on US equities
When it comes to markets, it always comes down to what is priced in and what isn’t. We believe a...
Wednesday, July 10, 2024
Today’s report: The case for renewed demand
Now that a healthy bout of selling has played out, there are a number of reasons we should expect crypto...
Tuesday, July 9, 2024
Today’s report: Upcoming volatility catalysts
The story remains the same as the new week gets going. The market remains fixated on the batch of liquidations...
Monday, July 8, 2024
Today’s report: Expecting plenty of demand into this dip
There has been no denying the intense downside pressure on crypto assets over the past week or so. And yet,...
Tuesday, July 2, 2024
Today’s report: Focus shifts back to traditional markets
Bitcoin and Ether did their best to try and mount healthy rallies to start the week, though as Monday wore...
Monday, July 1, 2024
Today’s report: June reflections
June was a challenging month for crypto assets. Both bitcoin and ether were down a nice amount on the month,...
Wednesday, June 26, 2024
Today’s report: Considering the Mt. Gox repayment risk
The other day, we talked about how the Mt. Gox bitcoin repayment plan was adding to downside pressure on bitcoin....
Tuesday, June 25, 2024
Today’s report: Bitcoin finally drops into major support zone
There is nothing surprising about bitcoin’s recent price decline. We’ve come through a period of spectacular outperformance and it’s only...
Monday, June 24, 2024
Today’s report: Still just a correction within a strong uptrend
Indeed, crypto assets remain under pressure as we get going in the new week. At the same time, as per...
Thursday, June 20, 2024
Today’s report: About contrarian indicators
Earlier this week, we highlighted the possibility for a deeper correction if bitcoin were to establish below $65k. But for...
Wednesday, June 19, 2024
Today’s report: SEC closes Ethereum investigation
The big news of the day has unquestionably come from the headline the SEC will be closing its investigation into...
Tuesday, June 18, 2024
Today’s report: Considering the downside
When we look at the crypto market right now, there are three risks – all interrelated, that could open the...
Monday, June 17, 2024
Today’s report: Bearish price action in a bullish consolidation
Overall, market conditions have been rather subdued for crypto assets, with price action confined to a consolidation. If we zoom...
Thursday, June 13, 2024
Today’s report: More about the correction
Crypto assets have been under pressure in recent days, though overall, it’s important to take the moves in context, with...
Tuesday, June 11, 2024
Today’s report: Bitcoin ETF inflow streak comes to an end
As per today’s technical insights, the latest intraday pullback has been intense, but has done nothing to compromise the outlook....
Monday, June 10, 2024
Today’s report: Fed repricing weighs on crypto as the week gets going
The crypto market has been more inclined to be wanting to sit tight than anything else right now. Bitcoin hasn’t...
Thursday, June 6, 2024
Today’s report: Inflows keep on coming
We continue to see healthy inflows into the crypto space. Already this week we saw the second highest daily inflows...
Wednesday, June 5, 2024
Today’s report: Help from the macro front
The macro picture has been helping to support crypto assets in recent days. A round of softer economic data out...
Tuesday, June 4, 2024
Today’s report: Seasonality trends and June performance
A run of softer economic data out of the US has forced yield differentials to shift out of the US...
Monday, June 3, 2024
Today’s report: May reflections
Price action in the crypto market has been somewhat deceptive over the past several days. We say this because we...
Thursday, May 30, 2024
Today’s report: Short-term headwinds
The medium and longer-term outlook remains exceptionally bright for crypto assets. But at the moment, we are seeing some headwinds...
Wednesday, May 29, 2024
Today’s report: Slowly then all at once
There’s still some hangover in the market around anticipated bitcoin selling from Mt. Gox repayments, which are expected to play...
Tuesday, May 28, 2024
Today’s report: Activity expected to pick up into fuller trading conditions
Crypto market conditions have been relatively quiet as the new week gets going. This shouldn’t come as any surprise after...
Monday, May 27, 2024
Today’s report: Why ETH price action more bullish than you think
ETH has been well in demand and clearly outpacing performance in bitcoin since the news around the SEC approval of...
Thursday, May 23, 2024
Today’s report: Why there could be a lot more upside in 2024
The wins keep coming for the crypto market. On Wednesday, the US House voted in favor of a brighter path...
Wednesday, May 22, 2024
Today’s report: Bitcoin has $100k barrier in sight
Crypto market momentum continues to run strong into the mid-week on the back of the latest optimism around the overall...
Tuesday, May 21, 2024
Today’s report: Dramatic sentiment shift fuels ETH rally
It comes as no surprise to see ETH volumes surging over the past 24 hours. There has been a very...
Monday, May 20, 2024
Today’s report: Bullish drivers from all fronts
We’re coming off an impressive week of performance in bitcoin and crypto assets. As per our technical insights, the bullish...
Thursday, May 16, 2024
Today’s report: Repricing of Fed bets fuels bitcoin demand
We’re finally getting a little bit of a breakthrough in the crypto market after several days of lackluster trade. As...
Wednesday, May 15, 2024
Today’s report: Will US CPI inspire crypto volatility?
Profit taking, regulatory overhang, and global macro considerations have all resulted in the latest bout of lackluster, directionless trade in...
Tuesday, May 14, 2024
Today’s report: Will US inflation reads inspire fresh demand?
Market activity has been rather tame in recent days. We’re seeing tight, directionless price action accompanied by a lack of...
Monday, May 13, 2024
Today’s report: Minor correction within strong uptrend
Crypto assets are in a period of correction and cooldown after an impressive Q1 that resulted in a fresh record...
Thursday, May 9, 2024
Today’s report: Caught in a period of wait and see
Bitcoin has been under mild pressure all week, producing bearish daily closes on Monday, Tuesday, and Wednesday. Having said that,...
Wednesday, May 8, 2024
Today’s report: Quiet consolidation ahead of next big move
Things have been mostly quiet this week and what we’re seeing is nothing more than a period of tight choppy...
Tuesday, May 7, 2024
Today’s report: May is usually a good month for bitcoin
There are many out there calling for the start to a fresh easing cycle across many of the major central...
Monday, May 6, 2024
Today’s report: Repricing of Fed expectations fuels bitcoin demand
We’ve been encouraged by recent price action which shows bitcoin and crypto assets exceptionally well supported into the latest dip....
Thursday, May 2, 2024
Today’s report: About the current pullback in price
Bitcoin’s bearish monthly close in April has set the stage for the possibility of deeper setbacks in the days ahead....
Wednesday, May 1, 2024
Today’s report: A perfect storm of short-term headwinds
For quite some time now, we’ve warned a healthy correction could be forthcoming in the price of bitcoin. On Tuesday,...
Tuesday, April 30, 2024
Today’s report: About the weakness and taking it with a grain of salt
Things have been relatively quiet as the week gets going, though what little price action we have seen of late...
Wednesday, April 24, 2024
Today’s report: Gains holding up post halving
Bitcoin has been moving steadily higher in the aftermath of the latest halving event. This has many out there getting...
Monday, April 22, 2024
Today’s report: Getting ready for next bullish breakout
It almost feels like the selling of the news on the bitcoin halving event already played out ahead of the...
Thursday, April 18, 2024
Today’s report: Has the downside been mostly priced in?
At the moment, the setbacks we’ve seen in the price of bitcoin are still viewed as setbacks within a bullish...
Wednesday, April 17, 2024
Today’s report: Looking beyond the halving event
We have a hard time seeing bitcoin trading much higher on the halving given the event has been well anticipated...
Tuesday, April 16, 2024
Today’s report: Plenty of distraction away from crypto
All of the attention around the upcoming bitcoin halving event (ETA April 20) has been sucked out, with the market...
Monday, April 15, 2024
Today’s report: Crypto assets shake off weekend scare
Before the week got going it was already off and running, with all of the geopolitical strain translating to a...
Thursday, April 11, 2024
Today’s report: Is the market finally waking up to the value proposition?
The big takeaway into Thursday is just how resilient bitcoin and crypto assets have been overall in the face of...
Wednesday, April 10, 2024
Today’s report: About bitcoin and today’s US CPI data
Tuesday’s round of setbacks in crypto assets shouldn’t be alarming by any stretch, with price action confined to some tight...
Tuesday, April 9, 2024
Today’s report: Record earnings for bitcoin miners
We’re about ten days away from the highly anticipated bitcoin halving event and things are looking up. The bitcoin price...
Monday, April 8, 2024
Today’s report: A closer look at ETH relative to BTC
Things are relatively quiet as the new week gets going. Overall, bitcoin has held up exceptionally well into support. At...
Thursday, April 4, 2024
Today’s report: About perspective and managing expectations
As we look at the bitcoin chart, we see a market that is very much trading within an uptrend, but...
Wednesday, April 3, 2024
Today’s report: Nothing to worry about
When looking at bitcoin and crypto assets, it’s especially important to constantly be putting things in perspective. This is a...
Tuesday, April 2, 2024
Today’s report: Snapshot Overview
March was a milestone month for bitcoin, with the price finally pushing through the record high from 2021. Bitcoin closed...
Monday, April 1, 2024
Today’s report: Inflows and deal flow looking up
Any concerns around a wave of outflows from the bitcoin spot ETFs the other week were quickly offset after last...
Monday, March 25, 2024
Today’s report: Putting it all in perspective
There has been a lot of chatter around the outflows reported from the bitcoin spot ETFs in the previous week....
Thursday, March 21, 2024
Today’s report: Why bitcoin should never have trouble finding bids
Earlier this week, we highlighted the importance of keeping an eye on the Fed decision and talked about how the...
Wednesday, March 20, 2024
Today’s report: Considering Fed event risk
Now that this overdue bitcoin correction is finally playing out, the question becomes just how deep of a pullback we...
Tuesday, March 19, 2024
Today’s report: Price action that was expected
We are officially in the throes of a correction that had long been anticipated and was well overdue. Having said...
Monday, March 18, 2024
Today’s report: Overdue correction plays out
We had spent a lot of time in recent days warning of the risk for a healthy correction in bitcoin...
Thursday, March 14, 2024
Today’s report: This crypto asset is still looking to make a fresh record high
Clearly, the run in bitcoin and crypto assets has been more than impressive in 2024. Bitcoin is now pushing record...
Wednesday, March 13, 2024
Today’s report: Another day another record high
Bitcoin setbacks continue to be exceptionally well supported into even the most shallow of dips. Already on Wednesday, we’ve seen...
Tuesday, March 12, 2024
Today’s report: Positive drivers and short-term risk considerations
As we continue to highlight, the biggest short-term risk associated with bitcoin right now is the risk for a period...
Thursday, March 7, 2024
Today’s report: Upcoming halving event factors into demand
Price action has been a little whippy since bitcoin poked through to a fresh record high earlier this week. There...
Wednesday, March 6, 2024
Today’s report: Highest volume in 2024
Bitcoin has finally done it, pushing through to a fresh record high. The priced managed to clear the previous peak...
Tuesday, March 5, 2024
Today’s report: Still waiting for that fresh record high
It’s hard to know exactly what the record high price of bitcoin was in 2021. But all that really matters...
Monday, March 4, 2024
Today’s report: February in Review
We come into the month of March on the back of a stellar February performance for crypto assets. Bitcoin closed...
Thursday, February 29, 2024
Today’s report: Price action goes parabolic
Bitcoin is up nearly 50% year-to-date, while ether performance has been even more eye popping, exceeding 50% year-to-date. Bitcoin is...
Wednesday, February 28, 2024
Today’s report: Highest daily volume since early January
At the moment, the biggest knock against bitcoin and crypto assets is the the fact that this latest run has...
Tuesday, February 27, 2024
Today’s report: Year-to-date performance already turning heads
The ability for bitcoin and ether to hold up so well into dips has been one of the more bullish...
Monday, February 26, 2024
Today’s report: What to look out for this week
If there’s one thing we’re going to be keeping our eye on this week, it’s going to be how crypto...
Thursday, February 22, 2024
Today’s report: Sentiment uptick keeps crypto assets supported
In this week’s reports, we’ve highlighted the fact that there has been some technical overextension on the charts, which had...
Wednesday, February 21, 2024
Today’s report: Running into resistance…at least for a moment
There’s been plenty of buzz around the options market where traders are expressing their bullish sentiment, pricing bitcoin $75k in...
Tuesday, February 20, 2024
Today’s report: Short-term considerations
We’ve spent a lot of time highlighting all of the positive price catalysts in the crypto space, which should continue...
Monday, February 19, 2024
Today’s report: Ether at highest level since May 2022
Sentiment in the crypto market is running high in 2024 and we continue to see signs of demand picking up....
Thursday, February 15, 2024
Today’s report: Takeaways from this week’s crypto performance
This week has been an impressive week for crypto assets. On the surface, the price action alone speaks for itself....
Wednesday, February 14, 2024
Today’s report: Crypto assets turning heads post US CPI
Bitcoin’s performance has been impressive in the aftermath of Tuesday’s US CPI read. The data came out hotter than expected,...
Tuesday, February 13, 2024
Today’s report: Bitcoin closing in on retest of record high
Price action feels like it’s getting back to doing what it wants to be doing following all the drama around...
Thursday, February 8, 2024
Today’s report: Crypto shining brighter than red hot US equities
There’s been a lot of attention in financial markets around the S&P 500’s run to a fresh record high. And...
Wednesday, February 7, 2024
Today’s report: Key short-term levels to watch
The bitcoin price remains confined to a tight consolidation into the middle of the week. In our technical overview, we...
Tuesday, February 6, 2024
Today’s report: Bitcoin holding up well all things considered
Bitcoin hasn’t been moving much of late, though the ability for the market to hold up well above $40k could...
Monday, February 5, 2024
Today’s report: Bitcoin holds up well despite surge in US Dollar demand
Crypto assets have held up exceptionally well in the face of this latest wave of broad based US Dollar demand...
Thursday, February 1, 2024
Today’s report: Fed decision weighs on crypto assets
Wednesday’s Fed decision proved to be a disappointment for investors after the central bank failed to deliver the dovishness the...
Wednesday, January 31, 2024
Today’s report: What to look for as we settle into 2024
As we come into the final day of trade for January, market participants have begun to start looking ahead to...
Tuesday, January 30, 2024
Today’s report: Why bitcoin is looking forward to February
There has definitely been a clear sign of GBTC outflows slowing down in recent days, something we had talked a...
Monday, January 29, 2024
Today’s report: Volumes improve in previous week
We’ve been seeing a nice recovery in bitcoin and crypto assets in recent sessions. The wave of selling-the-fact in the...
Thursday, January 25, 2024
Today’s report: Volumes dip as market consolidates
Setbacks in the crypto market have stabilized, at least for a moment. In our technical update, we cite bitcoin bouncing...
Wednesday, January 24, 2024
Today’s report: Putting the pullback in context
On Tuesday, we highlighted the primary drivers behind this latest round of setbacks in crypto assets. These included unwinding of...
Tuesday, January 23, 2024
Today’s report: What’s behind the price decline?
The crypto market has come under added pressure in the early week. We see a number of drivers behind the...
Monday, January 22, 2024
Today’s report: Volumes cool off on ETF hangover
We’re coming out of a rather uneventful week for crypto assets. The best way to describe the price action is...
Thursday, January 18, 2024
Today’s report: Waiting for the next shoe to drop
Overall activity in the crypto market has been rather anemic this week. We’ve seen a mild wave of profit taking...
Wednesday, January 17, 2024
Today’s report: Volumes lighten up as market consolidates
Crypto assets continue to hold up well into dips as the market navigates through the ‘selling of the fact’ in...
Tuesday, January 16, 2024
Today’s report: Volume to pick up as US returns from holiday
As per our Monday commentary, we’ve entered a phase of corrective price action in the aftermath of the SEC bitcoin...
Monday, January 15, 2024
Today’s report: Ether volume shines bright
There has been an unquestionable wave of ‘sell the fact’ price action in the aftermath of the SEC bitcoin ETF...
Thursday, January 11, 2024
Today’s report: Crypto market turns its attention to ETH
Finally, at long last, the SEC has gone ahead and approved the spot bitcoin ETFs. Momentum has however stalled a...
Tuesday, January 9, 2024
Today’s report: Bitcoin extends run in anticipation of SEC approvals
A period of multi-session consolidation has come to an end, with bitcoin extending its run and once again pushing to...
Monday, January 8, 2024
Today’s report: Volumes jump as 2024 gets going
The crypto market has been totally consumed with any and all updates out around the bitcoin ETF story. Bitcoin has...
Thursday, January 4, 2024
Today’s report: Largest daily volume since May 2022
Wednesday was a wild day for the crypto market. We saw intense fallout on the back of a headline that...
Wednesday, January 3, 2024
Today’s report: Seasonality trends and January performance
Bitcoin is off to a fabulous start in 2024, up over 6% in just a few days. Clearly there is...
Tuesday, January 2, 2024
Today’s report: Bitcoin to highest level since April 2022
There are a number of potential catalysts for the latest surge in the price of bitcoin to its highest level...
Thursday, December 28, 2023
Today’s report: Crypto assets shine bright in 2023
We’re into the final countdown of 2023 and it’s been a spectacular year for crypto assets. Year-to-date, both bitcoin and...
Wednesday, December 27, 2023
Today’s report: What could be weighing on bitcoin this week
There’s been some pullback in crypto assets this week, though the dips have been relatively mild and well contained thus...
Tuesday, December 26, 2023
Today’s report: Volumes hold up well in very thin holiday trade
Everything continues to look good with respect to the SEC’s approval of bitcoin spot ETF applications. Last week’s meeting between...
Thursday, December 21, 2023
Today’s report: The many positive market drivers around bitcoin
Bitcoin is holding true to seasonality trends as we come into the final days of liquid trade in December. The...
Wednesday, December 20, 2023
Today’s report: Bitcoin whale activity picks up
Setbacks in crypto assets continue to be very well supported. We have seen a little dip from yearly highs in...
Tuesday, December 19, 2023
Today’s report: Crypto economy continues to grow
As we had anticipated, setbacks in crypto assets have been rather shallow. There continues to be plenty of demand into...
Monday, December 18, 2023
Today’s report: Nothing more than a minor correction
The crypto market has cooled off in recent sessions after another impressive run to fresh yearly highs in the price...
Thursday, December 14, 2023
Today’s report: Post Fed decision crypto pop
Earlier this week, in our Monday note, we cited three reasons for the pullback in crypto prices – all three...
Monday, December 11, 2023
Today’s report: Three reasons for the Monday pullback
The crypto market starts the new week under some pressure, though we aren’t all that concerned about the setbacks. At...
Thursday, December 7, 2023
Today’s report: Seasonality trends and December performance
Seasonality trends for December have been leaning in bitcoin’s favor. On the one side, since 2000, December has been the...
Wednesday, December 6, 2023
Today’s report: Bitcoin daily volume back above a yard
Earlier this week, we talked about bitcoin’s bullish break through $40k and highlighted the fact that the move should now...
Tuesday, December 5, 2023
Today’s report: An uncorrelated advantage
Stocks and gold pulled back on Monday, while the US Dollar recovered. And yet, none of this had any meaningful...
Monday, December 4, 2023
Today’s report: Buy the rumor, buy the fact
Bitcoin has extended its run of 2023 highs, with the latest push opening a wave of bullish price action across...
Thursday, November 30, 2023
Today’s report: Bitcoin still trying to push through elusive barrier
Bitcoin managed to extend its run of yearly highs on Wednesday ahead of this latest minor pullback. Ultimately, despite the...
Wednesday, November 29, 2023
Today’s report: November looking to close with a bang
We’re getting set to close out another impressive month of performance for crypto assets. Beyond the performance in November, we...
Tuesday, November 28, 2023
Today’s report: Resilient in the face of headwinds
Indeed, we have seen a pullback in crypto prices as the week gets going. But overall, it’s important to recognize...
Monday, November 27, 2023
Today’s report: Bitcoin confined to bullish channel
Market conditions are expected to get back to fuller form as the US returns from holiday break. As things stand,...
Thursday, November 23, 2023
Today’s report: Another day of impressive volume
Market conditions are expected to thin out quite a bit from now into the end of the week on account...
Wednesday, November 22, 2023
Today’s report: Crypto resilient in the face of challenging headlines
Crypto assets remain exceptionally resilient in the face of challenging headlines. Both bitcoin and ether have rallied back impressively after...
Tuesday, November 21, 2023
Today’s report: Dips keep getting bought with interest
There have been a number of updates within the crypto space as the week gets going, though none have really...
Monday, November 20, 2023
Today’s report: Volume continues to trend higher in 2023
The crypto market remains well supported overall, despite some discouraging news in the previous week. There had been excitement around...
Thursday, November 16, 2023
Today’s report: Bitcoin closing in on $40k
Tuesday’s setback in the price of bitcoin was happily swallowed up on Wednesday, with the market racing back to the...
Wednesday, November 15, 2023
Today’s report: Bitcoin not all that taken with US inflation data
In our Tuesday update, we highlighted room for movement in global markets on the back of the US inflation data...
Tuesday, November 14, 2023
Today’s report: How much upside has been priced in?
The crypto market is waiting on pins and needles to see whether or not the SEC will go ahead and...
Monday, November 13, 2023
Today’s report: 30-Day Volume Back Above $10 billion
There hasn’t been much activity in recent sessions, though crypto assets have been exceptionally well supported on dips. Expectation and...
Thursday, November 9, 2023
Today’s report: They’re calling it a short squeeze
We’ve been highlighting a wave of bullish momentum in recent weeks. Bitcoin’s breakout in October to a fresh yearly high...
Wednesday, November 8, 2023
Today’s report: Focusing in on the technicals
Absence of any meaningful fundamental updates into the midweek leaves us focusing in on all things technical. The key takeaway...
Tuesday, November 7, 2023
Today’s report: Bitcoin’s two hats
We haven’t seen much activity in bitcoin over the past several sessions, with the crypto asset deferring to a period...
Monday, November 6, 2023
Today’s report: Bitcoin correlations making more sense
We’ve highlighted bitcoin’s closer correlation to gold of late. There have been many out there who have been more comfortable...
Thursday, November 2, 2023
Today’s report: Bitcoin network more secure than ever
Bitcoin has rallied to yet another yearly high today, continuing to show a desire to extend towards the next measured...
Wednesday, November 1, 2023
Today’s report: October reflections
Seasonality trend analysis did not disappoint in October. Heading into the month we highlighted the possibility bitcoin would perform well...
Tuesday, October 31, 2023
Today’s report: Seasonality trends less relevant for November
The month of October has not only been an impressive one for bitcoin performance (+27%), we’ve also seen healthy inflows...
Monday, October 30, 2023
Today’s report: Another week of robust volume
We’re into Fed week, with market participants around the globe starting to prepare for and position into Wednesday’s central bank...
Thursday, October 26, 2023
Today’s report: Seasonality analysis follows through
Seasonality trend analysis has not disappointed in October. Heading into the month, we highlighted crypto’s strong performance track record in...
Wednesday, October 25, 2023
Today’s report: Enthusiasm for crypto continues to run hot
Market enthusiasm around crypto has been running high over the past several sessions. Most of this enthusiasm has been directed...
Tuesday, October 24, 2023
Today’s report: Support for crypto assets continues to grow
The narrative around crypto assets continues to improve. Both the US courts and court of public opinion have moved more...
Monday, October 23, 2023
Today’s report: Volumes surge in previous week
There have been times when the price of bitcoin has correlated with global risk sentiment. But we’ve always warned against...
Thursday, October 19, 2023
Today’s report: Fidelity files amendment to spot bitcoin ETF application
The tension in the Middle East has consumed global markets, with the economic calendar and other developments taking a backseat....
Wednesday, October 18, 2023
Today’s report: Bitcoin as a store of value
Bitcoin has been correlating closer with gold in recent sessions, a development clearly reflecting the asset’s lure as a store...
Tuesday, October 17, 2023
Today’s report: Bitcoin holds up well despite fake news
We’re coming off a day of wild price action in the world of crypto. Bitcoin led the surge higher to...
Monday, October 16, 2023
Today’s report: What’s behind the latest bitcoin jump
An impressive weekend recovery in the price of bitcoin has become even more impressive as the new week gets going....
Thursday, October 12, 2023
Today’s report: About crypto and recent correlations
In recent months, it’s been far more difficult to anticipate the direction in crypto based on developments in global markets....
Wednesday, October 11, 2023
Today’s report: Volumes cool as traditional markets consolidate
In the absence of any fresh, industry specific catalysts, and amidst all the global turmoil, we’ve seen less activity around...
Tuesday, October 10, 2023
Today’s report: A closer look at ether underperformance
The crypto market continues to focus its attention on movement in global markets and the escalation in geopolitical tension following...
Monday, October 9, 2023
Today’s report: Bitcoin holding up well in the face of geopolitical risk
The weekend events have unsettled investors around the globe. As a consequence, we’ve been seeing a fresh wave of risk...
Thursday, October 5, 2023
Today’s report: Why ether is underperforming relative to bitcoin
There are a couple of noteworthy updates within the crypto space over the past 24 hours or so. The first...
Wednesday, October 4, 2023
Today’s report: Crypto assets resilient in the face of macro pressures
Crypto assets have held up exceptionally well of late, including through a September month that has been the worst month...
Thursday, September 28, 2023
Today’s report: More pushback from US lawmakers against SEC
Bitcoin continues to hold up well in the face of a wave of risk off flow in global markets. We...
Wednesday, September 27, 2023
Today’s report: Bitcoin September performance in perspective
All things considered, bitcoin has been holding up exceptionally well in its worst performing month, and at a time when...
Tuesday, September 26, 2023
Today’s report: Bitcoin trying to hold up in tough month
We’re into the final week of the worst performing month on record for bitcoin. All things considered, things are looking...
Thursday, September 21, 2023
Today’s report: Bitcoin holds up well post Fed decision
Bitcoin has held up rather well in the aftermath of the Fed decision. The Fed disappointed investors on Wednesday after...
Wednesday, September 20, 2023
Today’s report: Positive catalysts and key event risk
Price action has been constructive and volumes have been on the rise, both positive developments for the crypto market. At...
Tuesday, September 19, 2023
Today’s report: Highest volume in September
Monday’s price action in crypto markets was impressive, though we did see some selling into the rally. We believe some...
Monday, September 18, 2023
Today’s report: Volumes up big in previous week
There isn’t a whole lot in the way of any fresh updates from the fundamental front. The big focus right...
Thursday, September 14, 2023
Today’s report: Risk that was already priced in
As expected, the Delaware Bankruptcy court approved FTX’s proposal to liquidate its crypto assets. And also as expected, there has...
Wednesday, September 13, 2023
Today’s report: Surging volume accompanied by welcome demand
Price action on Tuesday was encouraging for crypto assets. Not only did we see a swift recovery after Monday’s pullback,...
Tuesday, September 12, 2023
Today’s report: Volumes surge, crypto assets recover
The crypto market has done an exceptional job already recovering from Monday’s wild price declines. We think a lot of...
Monday, September 11, 2023
Today’s report: Broad US Dollar weakness a positive for crypto
The crypto market remains confined to exceptionally tight trade, unwilling to make any fresh directional commitments. The market is less...
Thursday, September 7, 2023
Today’s report: One big waiting game
We continue to see very little movement in the crypto market, with trading ranges quite limited. At the moment, it...
Wednesday, September 6, 2023
Today’s report: September not a friendly month for crypto
We haven’t seen much movement at all in recent sessions, with crypto assets confined to some very tight consolidation. Technically...
Tuesday, September 5, 2023
Today’s report: August reflections
Crypto performance for the month of August was a whole lot more deceptive than what was presented in the numbers...
Monday, September 4, 2023
Today’s report: Volumes up impressively in previous week
Activity should start off on the lighter side this week on account of the long holiday weekend in the US....
Thursday, August 31, 2023
Today’s report: Things looking up but caution still required
It makes sense to see the crypto market pull back a bit in the aftermath of the celebrated Grayscale court...
Wednesday, August 30, 2023
Today’s report: Crypto assets score major victory
In our recent analysis, we warned tight trading conditions would not persist, and that a breakout was imminent. On Tuesday,...
Tuesday, August 29, 2023
Today’s report: Getting closer to breakout
Intense range contraction has been the story in the crypto market. There has been very little in the way of...
Monday, August 28, 2023
Today’s report: Waiting for the next catalyst
It’s been nothing but tight consolidation in crypto markets over the past couple of weeks. Absence of fresh fundamental catalysts...
Thursday, August 24, 2023
Today’s report: Price jump accompanied by impressive volume
On Wednesday, we talked about the technical case for a bounce in cryptocurrencies, citing oversold momentum indicators and critical support...
Wednesday, August 23, 2023
Today’s report: A closer look at the charts
Bitcoin and ether have settled back into consolidation following last week’s intense round of declines. A lot of this consolidation...
Tuesday, August 22, 2023
Today’s report: Waiting for the next catalyst
Crypto markets have been holding steady thus far this week. We’ve entered a period of consolidation as traders reflect on...
Monday, August 21, 2023
Today’s report: Volumes improve in previous week
Most of what we’ve seen in recent sessions has been a breaking away from any focus on crypto fundamentals, with...
Thursday, August 17, 2023
Today’s report: About volatility and forward returns
Thinner liquidity conditions and low volatility have been a big story in the crypto market in recent months. At the...
Wednesday, August 16, 2023
Today’s report: Putting things in perspective
It should come as no surprise to see the lower volumes in crypto assets given the extremely low volatility right...
Tuesday, August 15, 2023
Today’s report: Tight ranges and light summer trade
Though correlations between crypto assets and US equities have fallen off, Monday’s positive close for stocks certainly hasn’t hurt the...
Monday, August 14, 2023
Today’s report: A case of contrasting fundamentals
We haven’t seen much movement in crypto assets, with bitcoin and ether realized and implied volatilities trading down near multi-month...
Thursday, July 27, 2023
Today’s report: Crypto gets boost from Fed decision
Investors continue to question the Fed outlook of higher for longer monetary policy, instead pushing for a more accommodative path...
Wednesday, July 26, 2023
Today’s report: Crypto market braces for Fed impact
The big focus for the day is the Fed decision, reaction in US equities, and how this translates in the...
Tuesday, July 25, 2023
Today’s report: More technical than fundamental
Monday’s bearish bitcoin price action was a significant short-term development given the breakdown below multi-day consolidation support. As per our...
Monday, July 24, 2023
Today’s report: Bitcoin sinks below consolidation support
For many days now, we’ve highlighted the consolidation in the price of bitcoin, while warning a break on either end...
Thursday, July 20, 2023
Today’s report: About bitcoin and stocks
No major updates from the fundamental front into Thursday. Most of what we’ve been seeing is a continued tight consolidation...
Wednesday, July 19, 2023
Today’s report: Bitcoin holding within well defined consolidation
We continue to highlight a well defined consolidation in the price of bitcoin which has yet to break despite recent...
Tuesday, July 18, 2023
Today’s report: Bitcoin bending….but hoping not to break
We continue to hear about option expiries in the price of bitcoin at $30,000, which have been hanging around for...
Monday, July 17, 2023
Today’s report: Crypto volumes see nice jump in previous week
All of the positive momentum from last week’s news of the partial victory for Ripple Labs in its case against...
Thursday, July 13, 2023
Today’s report: About correlations with traditional markets
In our Wednesday update, we talked about potential crypto volatility risk around the US CPI report. We highlighted the fact...
Wednesday, July 12, 2023
Today’s report: Catalysts for renewed volatility
We’re into the mid-week and yet, still no major updates on the crypto front. Prices have been confined to some...
Tuesday, July 11, 2023
Today’s report: Waiting for the next big catalyst
Activity in the crypto market has been anything but exciting in recent days. What we’ve got is a bitcoin price...
Monday, July 10, 2023
Today’s report: Bitcoin confined to tight range
Things have come to a bit of a standstill in the crypto market over the past several sessions. Bitcoin had...
Thursday, July 6, 2023
Today’s report: About bitcoin performance in July
We saw a little weakness in the crypto market on Wednesday. We chalk up most of this to macro flows...
Wednesday, July 5, 2023
Today’s report: Bitcoin trying to hold up above $30k
Bitcoin continues to hold up above $30k and just off recently established fresh 2023 highs. The market has been feeling...
Monday, July 3, 2023
Today’s report: Bitcoin into July on solid footing
June was an interesting month for crypto assets, initially under pressure, before recovering impressively into the final weeks. Bitcoin led...
Thursday, June 29, 2023
Today’s report: Hard to ignore the broad based US Dollar inflows
Ongoing speculation that BlackRock’s application for a bitcoin ETF will be approved, has continue to invite support to the bitcoin...
Wednesday, June 28, 2023
Today’s report: Options rolling off
Bitcoin continues to do a good job holding up above $30k following the latest push to a fresh yearly high....
Tuesday, June 27, 2023
Today’s report: Traditional financial players making moves in 2023
We’re coming out of a light Monday session of trade, though we did see some mild profit taking on long...
Monday, June 26, 2023
Today’s report: Outlook improves as bitcoin pushes back above $30k
We’re coming out of an impressive week of performance in the crypto space. Bitcoin leading the charge is usually a...
Thursday, June 22, 2023
Today’s report: Robust volume accompanied by encouraging price action
The recovery in cryptocurrencies, led by bitcoin has been most impressive. Bitcoin has pushed back above $30k for the first...
Wednesday, June 21, 2023
Today’s report: BTC market dominance back above 50%
It feels like larger institutional players have been quite comfortable looking to take on or add exposure to the crypto...
Monday, June 19, 2023
Today’s report: Volumes up in previous week
The week will get off to a quiet start with US markets less active on active of the holiday session....
Thursday, June 15, 2023
Today’s report: Fed dot plot shakes crypto market
The Fed policy decision has come and gone. Much like we had anticipated, we are seeing a wave of risk...
Wednesday, June 14, 2023
Today’s report: Healthy distractions from the global macro front
The market remains fixated on developments from the regulatory front, but has been enjoying a welcome distraction from all things...
Tuesday, June 13, 2023
Today’s report: Focus shifts to key event risk
The market has absorbed the fallout from last week’s news around the SEC lawsuits and has done a good job...
Monday, June 12, 2023
Today’s report: Crypto market taking it all in stride
Indeed, the crypto market is coming out of a tough week where it took a hit on the news around...
Thursday, June 8, 2023
Today’s report: Taking it all in stride
It’s been a choppy week of trade for cryptocurrencies, though ultimately, into Thursday, we aren’t too far off where we...
Wednesday, June 7, 2023
Today’s report: Prices recovery accompanied by elevated volumes
After an initial wave of fear and shock from this week’s news of SEC action against Binance and Coinbase, crypto...
Tuesday, June 6, 2023
Today’s report: The latest fallout and key takeaways
The crypto market has taken a hard hit over the past 24 hours, in the aftermath of the news around...
Monday, June 5, 2023
Today’s report: Volume up from previous week
On the positive side, we did manage to see a pickup in volume in the previous week, something the crypto...
Thursday, June 1, 2023
Today’s report: Eth holds up better than bitcoin in May
A run of consecutive monthly gains in 2023 came to an end in May, with bitcoin unable to extend to...
Wednesday, May 31, 2023
Today’s report: Stuck in consolidation
There doesn’t appear to be anything other than global macro headlines driving crypto prices right now. We haven’t had any...
Tuesday, May 30, 2023
Today’s report: Volume holds up well in holiday trade
Activity is expected to pick up on this Tuesday, with conditions returning to fuller form as UK and US traders...
Monday, May 29, 2023
Today’s report: Bitcoin breaks higher in thin trading session
The crypto market has seen a healthy pullback in volatility in recent weeks after volatility had run up to a...
Thursday, May 25, 2023
Today’s report: Volumes push higher as week progresses
Though we are coming off a session of downside pressure in the crypto market, the picture remains the same. We...
Wednesday, May 24, 2023
Today’s report: Waiting for that range break
Price action continues to be quite choppy and frustrating. On Monday, it looked like we were on the verge of...
Tuesday, May 23, 2023
Today’s report: Locked in a wait and see phase
The market continues to be locked in some tight trade, with the resulting price action driving implied volatility down. Participants...
Monday, May 22, 2023
Today’s report: Tight ranges translate to lower volume
We’re caught in some tight sideways trade right now and the lack of activity has most certainly had an effect...
Thursday, May 18, 2023
Today’s report: Why bitcoin outpaced ether on Wednesday
We haven’t seen much activity in crypto markets this week, with most of the price action classified as choppy and...
Wednesday, May 17, 2023
Today’s report: Crypto holds up relatively well
Crypto assets held up relatively well on Tuesday considering a wave of broad based US Dollar demand and risk off...
Tuesday, May 16, 2023
Today’s report: Bitcoin holds up well on a daily close basis
Bitcoin’s ability to hold up into the latest dip is encouraging, and opens the door for a focus back on...
Monday, May 15, 2023
Today’s report: Ether volume stands out in previous week
Crypto markets came under added pressure into the end of last week and we suspect there are three critical drivers...
Thursday, May 11, 2023
Today’s report: Big rebound in volume
We’re actually a little surprised to see crypto assets continuing to trade with a heavy tone into Thursday. Fundamentally, we...
Wednesday, May 10, 2023
Today’s report: US inflation data comes into focus
Risk off flow in global markets has been weighing on crypto assets in recent sessions. And while the overall outlook...
Tuesday, May 9, 2023
Today’s report: Prices lower but volume pushes up
Crypto markets are under pressure as the new week gets going. There were some short-term developments that could have been...
Monday, May 8, 2023
Today’s report: Volumes cool off in previous week
We’re coming out of a solid week of performance in cryptocurrencies. Ultimately, gains weren’t anything head turning, but at the...
Thursday, May 4, 2023
Today’s report: Fed decision translates to higher crypto prices
Bitcoin and ether have recovered in the aftermath of a Fed decision that ultimately has proven to be supportive of...
Wednesday, May 3, 2023
Today’s report: Crypto holds up well despite risk off flow
As we’ve already highlighted a number of times in recent weeks, things have become more interesting in crypto markets as...
Tuesday, May 2, 2023
Today’s report: Where things stand into May
Now that we’ve come through the month of April, and considering market conditions are back to fuller form on this...
Monday, May 1, 2023
Today’s report: Previous week sees big bump in volume
Crypto markets have come under pressure as the new week and new month gets going. There hasn’t been a whole...
Thursday, April 27, 2023
Today’s report: Volume surges into latter half of week
We’re coming off a wild day of trade in the world of cryptocurrencies. After some impressive Tuesday strength, we got...
Wednesday, April 26, 2023
Today’s report: Crypto resilient despite lower stocks
In recent days, we had seen some weakness in cryptocurrencies. We attributed the weakness to a combination of factors including...
Tuesday, April 25, 2023
Today’s report: Nothing more than a correction right now
Crypto assets have been under pressure since bitcoin topped out at a fresh yearly high in the middle of the...
Monday, April 24, 2023
Today’s report: Crypto volume holding steady
As we come into the new week, crypto markets are looking a little more offered than not. Recent gains have...
Thursday, April 20, 2023
Today’s report: Another day of impressive volume
On Wednesday, there was a lot of chatter around an unusually large sale of bitcoin, to the tune of $600...
Wednesday, April 19, 2023
Today’s report: Volume up into the mid-week
Any signs of a possible correction in Tuesday trade were quickly shrugged off, with crypto assets well supported into the...
Tuesday, April 18, 2023
Today’s report: Bitcoin and ether uptrends remain strong
A wave of bullish US Dollar developments have resulted in broad based demand for the Buck, which has opened some...
Monday, April 17, 2023
Today’s report: Volume up a healthy amount in previous week
Bitcoin’s ability to hold up around $30,000 has been most impressive, especially in the face of this latest resurgence in...
Wednesday, March 29, 2023
Today’s report: Well supported on dips
It looks like the market has been okay to look beyond the latest headlines around Binance and Coinbase coming under...
Tuesday, March 28, 2023
Today’s report: Off to a slower start this week
We’re coming out of a Monday session where there was a clear round of underperformance in crypto assets. The primary...
Monday, March 27, 2023
Today’s report: The supportive fundamental backdrop
The ability for bitcoin to continue to hold up and outperform, especially in the face of this latest banking turmoil...
Thursday, March 23, 2023
Today’s report: Bearish reversal day for bitcoin
Crypto assets came under pressure on Wednesday, in the aftermath of the Fed policy decision. The fallout seemed to mostly...
Wednesday, March 22, 2023
Today’s report: Crypto readies for Fed decision
Bitcoin continues to be very well supported on any form of a dip after trading up to a nine-month high...
Tuesday, March 21, 2023
Today’s report: Focus shifts to Wednesday’s FOMC decision
The Fed’s recent move to inject liquidity into the banking system has been taken as a sign the central bank...
Monday, March 20, 2023
Today’s report: Another big week of volume
It’s turning out to be a special year for crypto assets. Year-to-date, nothing even comes close. Bitcoin is up 71%,...
Thursday, March 16, 2023
Today’s report: About bitcoin and critical resistance
We continue to see healthy demand for crypto assets this week, despite traditional market forces that have weighed on global...
Wednesday, March 15, 2023
Today’s report: Another day, another yard
We’ve seen tremendous outperformance in crypto this week, with both bitcoin and ether up a shocking +20%. Crypto assets were...
Tuesday, March 14, 2023
Today’s report: Volume comes roaring back
Monday kicked off with a bang and the result may have come as a surprise to many. In recent weeks,...
Monday, March 13, 2023
Today’s report: Crypto boosted on US actions
It’s been a wild ride for crypto over the past few days. Bitcoin and ether had taken big hits into...
Thursday, March 9, 2023
Today’s report: Traders worrying about more downside
We’ve been hearing reports of higher prices on bitcoin put options, which clearly suggests worry about the price continuing to...
Wednesday, March 8, 2023
Today’s report: Bitcoin volume up, Ether volume down
The other day, we talked about how crypto assets weren’t hit as badly on the Silvergate fallout given a recent...
Tuesday, March 7, 2023
Today’s report: What lies ahead
The crypto market continues to be on edge following the latest rumblings in the space around the Silvergate implosion and...
Monday, March 6, 2023
Today’s report: Crypto shaken up on banking woes
Last week, crypto markets took a hit on crypto specific fundamentals, and we’ll have to wait and see if there...
Thursday, March 2, 2023
Today’s report: Too much to ignore
We’ve spent some time talking about how it’s been nice to see crypto doing its own thing in recent weeks,...
Wednesday, March 1, 2023
Today’s report: Crypto settles flat in February
As we look back at performance in the month of February, we view price action as constructive overall. While both...
Tuesday, February 28, 2023
Today’s report: Back to watching traditional markets
The other week, we got a glimpse of crypto wanting to trade on its own fundamentals, despite what was going...
Monday, February 27, 2023
Today’s report: Crypto outperforms other major assets
When we look at performance in global markets over the past month, it’s clear we’re seeing a very resilient crypto...
Thursday, February 23, 2023
Today’s report: Bitcoin stalling out into critical resistance
Some of the downside pressure we had been seeing in the space this week was attributed to Coinbase reporting a...
Wednesday, February 22, 2023
Today’s report: Crypto falls victim to ailing US equities
It was impressive to see crypto prices moving higher last week, despite downside pressure in US equities. The price action...
Tuesday, February 21, 2023
Today’s report: Impressive volume in holiday trade
We didn’t see much in the way of any fresh direction on Monday. However, it was encouraging to see volume...
Monday, February 20, 2023
Today’s report: Volume up big in previous week
All of the worry in the early portion of last week around regulatory crackdown in the US has fallen off,...
Thursday, February 16, 2023
Today’s report: Bitcoin staring at August 2022 high
A round of short liquidations have encouraged further price appreciation in crypto assets as we head into the end of...
Wednesday, February 15, 2023
Today’s report: Volume rockets higher
It’s been a bit of a whacky week when it comes to crypto and familiar correlations. Those have kind of...
Tuesday, February 14, 2023
Today’s report: Crypto under pressure despite higher stocks
It’s definitely been interesting to see price action over the past 24 hours or so. For the most part, the...
Monday, February 13, 2023
Today’s report: A closer look at the retreat in crypto prices
It’s been a tough go for crypto assets in recent days. We’ve seen the market taking a hit on a...
Thursday, February 9, 2023
Today’s report: Macro clouds and micro irritations
Crypto prices have been notably weaker in recent sessions. We believe there are a number of factors that could be...
Wednesday, February 8, 2023
Today’s report: Volume up from a day earlier
There haven’t been many major updates from the crypto front, and most of the movement we’re seeing is movement in...
Tuesday, February 7, 2023
Today’s report: Volumes cool off as week gets going
The repricing of Fed bets has been a big story in global markets in recent sessions, and crypto markets have...
Monday, February 6, 2023
Today’s report: Correlations kick in on big moves
Correlations between crypto assets and traditional markets certainly turn up whenever there are pronounced moves. And this is how things...
Thursday, February 2, 2023
Today’s report: BlackRock increases stake in Silvergate
The Fed decision has come and gone and the reaction hasn’t been all that surprising. There was plenty in the...
Wednesday, February 1, 2023
Today’s report: Bitcoin closes +40% in January
It’s been an impressive start to 2021. Crypto assets have been very well supported, with bitcoin leading the charge, up...
Tuesday, January 31, 2023
Today’s report: Bitcoin mining difficulty at record high
A lot of the focus this week will be on exactly how the market digests tomorrow’s Fed policy decision. As...
Monday, January 30, 2023
Today’s report: Ether volume stands out in previous week
We’ve been impressed with the ongoing wave of demand for crypto assets in January. Bitcoin has been leading the charge,...
Thursday, January 26, 2023
Today’s report: Keep an eye on the economic data
Fundamentally, there hasn’t been a whole lot going on this week. Most of the price action is consistent with what...
Wednesday, January 25, 2023
Today’s report: Volumes steady into the mid-week
We’re seeing signs of an extended crypto market stalling out and perhaps in the early stages of the onset of...
Tuesday, January 24, 2023
Today’s report: Bitcoin retains bid despite technical reads
US equities continue to extend gains and this has proven to be supportive of crypto given the correlations with risk...
Monday, January 23, 2023
Today’s report: Plenty of bright spots
The crypto surge of early 2023 has extended through the weekend, with bitcoin and ether up as much as some...
Thursday, January 19, 2023
Today’s report: Another impressive day of volume
We’ve been warning this week about the risk for a pullback and consolidation in crypto assets. On Wednesday, the market...
Wednesday, January 18, 2023
Today’s report: Be on the lookout for a correction
We’re concerned this incredible run to start 2023 is getting close to fizzling out. The primary considerations here are technical...
Tuesday, January 17, 2023
Today’s report: Don’t ignore overextended technical readings
There is a sense the crypto market has finally moved past the worst of the crypto implosions of 2022. We’ve...
Monday, January 16, 2023
Today’s report: Volume continues to move in the right direction
It’s been a great start for crypto assets in 2023. Not only are we seeing an impressive surge in demand,...
Thursday, January 12, 2023
Today’s report: Bitcoin rally arrives at important resistance
In today’s technical overview, we highlight the fact that the bitcoin rally has arrived at a critical juncture. Up until...
Wednesday, January 11, 2023
Today’s report: Looking ahead to US inflation data
The short-term technical and fundamental outlook suggests we still could see additional declines in the price of bitcoin before we...
Tuesday, January 10, 2023
Today’s report: Keep an eye on the trend
We continue to find optimism around signs of volume picking back up into 2023. The crypto market has been looking...
Monday, January 9, 2023
Today’s report: Things are looking up
Things have been looking up for cryptocurrencies as the year gets going. At the moment, there are three primary drivers...
Thursday, January 5, 2023
Today’s report: A nice jump in volume
While there continues to be plenty of concerns with respect to the short-term outlook for the crypto market, it’s also...
Wednesday, January 4, 2023
Today’s report: Crypto demand despite negative headlines
Crypto assets have been doing a good job holding their own, despite some early 2023 downside pressure on US equities....
Tuesday, January 3, 2023
Today’s report: Looking back and looking ahead
We’re finally out of the gloomy year that was 2022, a year which resulted in major setbacks in the prices...
Thursday, December 29, 2022
Today’s report: Another day of healthy volume
We’re getting set to close out the month and year. Bitcoin and ether are down some 2% and 6% respectively...
Wednesday, December 28, 2022
Today’s report: Volumes pick up despite thin conditions
We haven’t seen much activity in markets this week and we don’t expect to see all that much until markets...
Tuesday, December 27, 2022
Today’s report: One more drop before next big bull run
It shouldn’t come as much of a surprise to see the crypto market going nowhere right now. We’re smack in...
Monday, December 19, 2022
Today’s report: A welcome pickup in volume
Trading conditions are set to thin out quite a bit between now and the second week of January on account...
Thursday, December 15, 2022
Today’s report: Volume making a comeback
Crypto assets are holding up well even in the face of selling in US equities in the aftermath of the...
Wednesday, December 14, 2022
Today’s report: Volumes, prices turn up on help from soft US CPI
The soft US CPI print was well received by risk assets, with stocks running higher and the US Dollar selling...
Tuesday, December 13, 2022
Today’s report: US inflation and SBF Fallout
Volatility is expected to return to the market today, and things could get a lot more interesting from now into...
Monday, December 12, 2022
Today’s report: Getting closer to major inflection point
Indeed, total notional volume in the crypto market has been discouraging. At the same time, we’re getting to levels where...
Thursday, December 8, 2022
Today’s report: Major execs see the bigger picture
Risk assets remain under pressure into the end of the week and the downside pressure on stocks has continued to...
Wednesday, December 7, 2022
Today’s report: Institutional adoption outlook remains upbeat
Indeed, market conditions remain exceptionally challenging in 2022. The trajectory of Fed policy and a series of implosions in the...
Tuesday, December 6, 2022
Today’s report: Experts weigh in on price outlook
In Monday’s piece, we had warned there would be risk for a resumption of risk-off flow, particularly in the aftermath...
Monday, December 5, 2022
Today’s report: A little brighter out there….but not out of the woods yet
It’s feeling like the market has done a good job getting away from worry around tail risk associated with the...
Thursday, December 1, 2022
Today’s report: Crypto gets relief from Fed Chair
The Fed Chair was on the wires on Wednesday talking about a slowdown in the pace of interest rate hikes....
Wednesday, November 30, 2022
Today’s report: Month end reflections
November was another ugly month for cryptocurrencies. Bitcoin and ether both took big hits, with bitcoin down as much as...
Tuesday, November 29, 2022
Today’s report: Market less distracted by FTX fallout….for now
Crypto asset performance on Monday was consistent with the downbeat vibe in broader markets, which translated to downside pressure on...
Monday, November 28, 2022
Today’s report: Crypto and traditional markets
We’ll get back to fuller market conditions this week and we expect volume to pick back up as the US...
Thursday, November 24, 2022
Today’s report: Into a wait and see phase
We’re still very much in a wait and see as far as fallout from the FTX implosion goes. But as...
Wednesday, November 23, 2022
Today’s report: Institutional adoption keeps on
There haven’t been a lot of bright spots in the crypto space in 2022, though one silver lining definitely worthy...
Tuesday, November 22, 2022
Today’s report: Crypto market still assessing fallout risk
Crypto assets have been shaken in the aftermath of the FTX implosion and market participants continue to worry about contagion....
Monday, November 21, 2022
Today’s report: Expect thinner trading conditions this week
Fallout from the FTX implosion saga continues into the new week. This along with renewed downside pressure on global risk...
Thursday, November 17, 2022
Today’s report: Balance of risk still pointing lower
We’re into the latter portion of the week and the crypto market is still waiting to hear about all of...
Wednesday, November 16, 2022
Today’s report: Inflation data to the rescue
We’re still hearing stories around fallout from the contagion associated with the FTX implosion. Several crypto funds made announcements about...
Tuesday, November 15, 2022
Today’s report: Crypto gets some help from stocks
Our primary concern for the crypto market right now is how things will play out when traditional risk assets come...
Monday, November 14, 2022
Today’s report: Tough conditions, healthy volume
Last week was a big mess in crypto markets on account of the FTX implosion, and now this week, we’ll...
Thursday, November 10, 2022
Today’s report: Ailing crypto market will need to contend with US inflation too
Fallout from the FTX implosion has been the big story this week, with crypto assets down hard across the board...
Wednesday, November 9, 2022
Today’s report: Volumes surge amidst latest shakeup
The year of 2022 has been a year where for the most part, much of the direction in crypto markets...
Tuesday, November 8, 2022
Today’s report: Crypto takes hit on industry specific risk
The good news for the crypto market right now is that risk assets have been better bid in recent sessions,...
Saturday, November 5, 2022
Today’s report: Downbeat news falls on deaf ears
We saw a surge in demand for risk assets this past Friday, which helped to fuel a fresh wave of...
Thursday, November 3, 2022
Today’s report: Crypto hit in FOMC aftermath
The Fed came out and let down investors hoping for a Fed pivot. Instead, the central bank stuck with its...
Wednesday, November 2, 2022
Today’s report: Volumes cool off ahead of FOMC event risk
The market is very much fixated on the outcome of today’s Fed policy decision, which could set the tone for...
Tuesday, November 1, 2022
Today’s report: Crypto in holding pattern ahead of FOMC decision
Global markets have run into a consolidation phase, which is to be expected heading into tomorrow’s FOMC event risk. And...
Monday, October 31, 2022
Today’s report: Crypto volume rockets higher
We’ve seen an impressive and welcome turnaround in the month of October. Ether is up some 20% on the month,...
Thursday, October 27, 2022
Today’s report: Volume surges back above $1 billion
This has been a good week for crypto assets. Not only have we been seeing a nice push higher in...
Wednesday, October 26, 2022
Today’s report: Price rally accompanied by impressive surge in volume
We’ve been warning that the recent intense range contraction in crypto assets was setting the stage for a surge in...
Tuesday, October 25, 2022
Today’s report: Volume up big as the week gets going
Crypto has been correlating less with risk assets as of late, though we wouldn’t say that correlation has been completely...
Monday, October 24, 2022
Today’s report: Much talked about correlation is breaking down
Crypto assets remain confined to exceptionally thin trade, with bitcoin and ether unwilling to break out of recent ranges. Average...
Thursday, October 20, 2022
Today’s report: Super tight ranges warn of volatility ahead
The slow go for crypto continues into the end of the week. Volatility in bitcoin and ether sits at yearly...
Wednesday, October 19, 2022
Today’s report: Keep an eye on the October highs and lows
A recent report from a major bank shows investors pulling out of risk assets in full capitulation mode, while boosting...
Tuesday, October 18, 2022
Today’s report: Tight consolidation leads to lower volume
Activity remains quite light as crypto markets remain confined to exceptionally tight ranges. On a positive note, bitcoin and ether...
Thursday, October 13, 2022
Today’s report: Super low volatility warns of big moves ahead
We really haven’t seen all that much movement in cryptocurrencies over the past several weeks, which has resulted in exceptionally...
Wednesday, October 12, 2022
Today’s report: All eyes on Fed Minutes, US CPI
Cryptocurrencies continue to mostly track with broader global risk sentiment, which has resulted in a lot of the downside pressure...
Tuesday, October 11, 2022
Today’s report: Lower volume on account of holiday trade
Crypto continues to trade on all things global macro and is mostly fixated on the direction in the US Dollar....
Thursday, October 6, 2022
Today’s report: Keeping an eye on that US data
Softer US data and a recent shift in expectations that the Fed will reconsider its hawkish stance and pivot to...
Tuesday, October 4, 2022
Today’s report: Crypto up on shifting CB policy expectations
Crypto assets have been feeling better this week, largely on account of the tone in broader financial markets. We have...
Monday, October 3, 2022
Today’s report: Crypto into Q4 2022
Global markets remained under pressure in September, with setbacks in the S&P 500 accelerating to the downside. No assets have...
Thursday, September 29, 2022
Today’s report: Bitcoin performance stands out
We’ve been impressed with bitcoin performance over the past 30 days. If we look at how bitcoin has stacked up...
Wednesday, September 28, 2022
Today’s report: Crypto holds up well amidst market turmoil
We’ve been impressed with just how resilient crypto assets have been in recent sessions amidst ongoing turmoil in financial markets....
Thursday, September 22, 2022
Today’s report: Volumes shoot higher on Fed day
All things considered, bitcoin help up relatively well on Wednesday, this in the face of some intense risk off flow...
Wednesday, September 21, 2022
Today’s report: Countdown to the Fed decision
All of the focus for today will be on the Federal Reserve decision. Given where bitcoin is trading right now,...
Tuesday, September 20, 2022
Today’s report: About cryptocurrencies and Fed event risk
Trading conditions were thinner on Monday on account of some holiday closures in Japan and the UK. But this didn’t...
Monday, September 19, 2022
Today’s report: Looking beyond the price weakness
A run of broad based US Dollar strength on the combination of a more worrying global growth outlook and monetary...
Thursday, September 15, 2022
Today’s report: Ether goes to proof-of-stake
The long awaited day of the Ethereum Merge has finally arrived and the blockchain will be making its official transition...
Wednesday, September 14, 2022
Today’s report: Price drop not all that discouraging
Crypto assets can’t get away from correlating with traditional risk sentiment right now. Tuesday’s fallout in financial markets from the...
Tuesday, September 13, 2022
Today’s report: Ethereum Merge event risk looks to be priced in
The latest price action would suggest that a lot of the bullishness around the upcoming Ethereum upgrade has been all...
Monday, September 12, 2022
Today’s report: Don’t get sucked into the bounce just yet
Bitcoin put in its largest daily gain in six months this past Friday, getting a boost from the big recovery...
Thursday, September 8, 2022
Today’s report: Considering the state of the ETH to BTC ratio
There haven’t been a lot of major updates in crypto in recent sessions and the market continues to mostly track...
Wednesday, September 7, 2022
Today’s report: Ether outperforms bitcoin despite risk off flow
Cryptocurrencies haven’t been able to ignore the added downside pressure we’ve been seeing on risk assets in recent sessions. The...
Tuesday, September 6, 2022
Today’s report: Volumes dip in razor thin holiday trade
Activity is finally expected to pick up going forward – this on account of the US market returning from the...
Thursday, September 1, 2022
Today’s report: Monthly review and outlook
All the market optimism that we had seen in July faded away in August. There had been hope that a...
Wednesday, August 31, 2022
Today’s report: Not out of the woods just yet
We’ve seen a bit of a bounce in crypto assets over the past 24 hours. But overall, there hasn’t really...
Tuesday, August 30, 2022
Today’s report: About crypto and correlations
As far as crypto assets go, we’re still very much on this narrative where as stocks go, so does crypto....
Monday, August 29, 2022
Today’s report: Crypto feels the heat of hawkish Powell
We’ve seen renewed downside price action in the crypto market over the past week, with bitcoin sliding back below the...
Thursday, August 25, 2022
Today’s report: The bright side of crypto price dynamics
We’ve spent a lot of time this week talking about how correlations between crypto assets and risk sentiment haven’t quite...
Wednesday, August 24, 2022
Today’s report: Correlations breaking down
Things have been exceptionally quiet in the world of crypto this week. Overall, there hasn’t been much activity and we...
Tuesday, August 23, 2022
Today’s report: Ether volume soars, bitcoin volume dips
In recent weeks, crypto traders may have been bothered by correlations that weren’t working. We had seen stocks make a...
Monday, August 22, 2022
Today’s report: Volume trending higher despite price
In our technical overview today, we highlighted the reality that bitcoin is still very much in a downtrend despite the...
Wednesday, August 17, 2022
Today’s report: Crypto more sensitive to currencies than stocks
The interesting thing about crypto markets right now is that they are less focused on US equities and a whole...
Tuesday, August 16, 2022
Today’s report: Ether volume shoots up
All of the Monday fallout in China has unquestionably had a negative impact on crypto assets. China economic data was...
Monday, August 15, 2022
Today’s report: Crypto holding up well….for now
Crypto markets have been holding up relatively well of late, especially when considering a period of exceptionally low volume, which...
Thursday, August 4, 2022
Today’s report: Summer doldrums in full swing
Volumes have been on the upswing this week, which has been encouraging. Unfortunately, this hasn’t been accompanied by any upside...
Wednesday, August 3, 2022
Today’s report: Volumes trending higher
It’s been pretty quiet out there this week, though we have continued to see demand on dips, and this demand...
Tuesday, August 2, 2022
Today’s report: Look out for those MicroStrategy earnings
We’ve seen steady declines in crypto assets over the past four days, this after a decent break to the topside....
Monday, August 1, 2022
Today’s report: Week in review, month in review
Finally, a positive month for crypto assets after some intense downside price action in the months of April, May, and...
Thursday, July 28, 2022
Today’s report: Prices up, volume up
Things have been looking up in the crypto space this week. A lot of this momentum has been further fueled...
Wednesday, July 27, 2022
Today’s report: Crypto braces for FOMC impact
Things have been quiet in crypto over the past few sessions, and the price action is completely understandable heading into...
Tuesday, July 26, 2022
Today’s report: Bitcoin has its eye on the Fed decision
There hasn’t been a whole lot in the way of activity this week, and the price action we’re seeing is...
Monday, July 25, 2022
Today’s report: Volume rockets higher in previous week
It’s been nice to see the recent pickup in prices of crypto assets has also been accompanied by a pickup...
Thursday, July 21, 2022
Today’s report: Volumes healthy all week
Bitcoin’s break back above $23,000 is more encouraging, this after ether had already broke out to the topside. But we...
Tuesday, July 19, 2022
Today’s report: Volumes race higher as week gets going
This latest price action in crypto markets has been a welcome relief. Not only have we seen bitcoin and ether...
Monday, July 18, 2022
Today’s report: Seasonality trends encourage bounce
There has been some encouraging price action in recent sessions, though we still believe the price action should be taken...
Thursday, July 14, 2022
Today’s report: Volume picks up as the week rolls on
Technical readings continue to point to more weakness in bitcoin and ether over the coming days. Both cryptocurrencies have been...
Wednesday, July 13, 2022
Today’s report: Still looks like lower before higher
There had been some signs of potential relief, with bitcoin trying to break to the topside last week. But all...
Tuesday, July 12, 2022
Today’s report: Room for deeper setbacks
There had been some signs of potential relief, with bitcoin trying to break to the topside last week. But all...
Tuesday, July 5, 2022
Today’s report: Bitcoin and ether resilient despite latest setbacks
There hasn’t been much relief for crypto assets in 2022 and that continues into the new week. On Monday, we...
Thursday, June 30, 2022
Today’s report: Another ugly month
The month of June was not a pretty one for crypto assets. In fact, it was one of the worst...
Wednesday, June 29, 2022
Today’s report: Balance of risk points to more downside
It looks like crypto could be on the verge of rolling over again, with setbacks at risk of extending to...
Tuesday, June 28, 2022
Today’s report: Bitcoin dominance retreats from recent peak
There continues to be a good deal of worry around the outlook for the US and global economy. This worry...
Monday, June 27, 2022
Today’s report: This recovery lacks bite
We’ve seen a nice little bounce in crypto assets in recent sessions. The move coincides with the recovery in US...
Thursday, June 23, 2022
Today’s report: Volumes holding steady
Wednesday price action wasn’t all that encouraging for crypto markets. Bitcoin and ether were both trading sideways to lower on...
Wednesday, June 22, 2022
Today’s report: Don’t count on a bottom just yet
Things have slowed down a bit this week, with the market stabilizing in the aftermath of the latest intense fallout....
Tuesday, June 21, 2022
Today’s report: Recovery needs more momentum
More relief for crypto assets in recent sessions, as risk appetite tries to make its way back to the topside....
Monday, June 20, 2022
Today’s report: Volumes rocket higher
More nasty price action over the weekend, with bitcoin and ether breaking down below massive barriers at $20,000 and $1,000...
Thursday, June 16, 2022
Today’s report: Robust volume, constructive price action
The declines in the crypto market this week have been discouraging, though at the same time, there have been some...
Wednesday, June 15, 2022
Today’s report: Bitcoin versus crypto
Most of the downside pressure in crypto assets is unquestionably coming from the downturn in global risk sentiment and fallout...
Tuesday, June 14, 2022
Today’s report: Volume soars to highest level since early May
Volumes in the crypto market have been anemic in recent weeks. But on Monday, we saw a big change on...
Monday, June 13, 2022
Today’s report: US inflation data wreaks havoc on crypto markets
As intense as the setbacks have been in the aftermath of last Friday’s US inflation print, we can’t say that...
Thursday, June 9, 2022
Today’s report: Volume back up thanks to bitcoin
Cryptocurrencies continue to hold up into dips, though we’re not convinced by any stretch that this should be taken as...
Wednesday, June 8, 2022
Today’s report: Volume jumps after slow start to week
Bitcoin has done a better job of holding up into setbacks than ether and the price action makes sense given...
Tuesday, June 7, 2022
Today’s report: Ether at risk for deeper setbacks
All of the positive momentum from recent sessions has been wiped out, with bitcoin and ether coming back under intense...
Monday, June 6, 2022
Today’s report: Higher volume is bitcoin driven
As we get going in June, the driving force behind direction in crypto markets continues to be all things global...
Thursday, June 2, 2022
Today’s report: Monthly review
We’re coming out of another ugly month for bitcoin, with the asset extending declines from April and closing out the...
Tuesday, May 31, 2022
Today’s report: Will the recovery hold up?
We’re coming off some impressive performance on Monday, with bitcoin leading the recovery charge and finally breaking out from an...
Monday, May 30, 2022
Today’s report: Bullish price action in thin trade
We’re seeing a welcome recovery in crypto assets over the past couple of sessions. But the price action is to...
Thursday, May 26, 2022
Today’s report: No worry from Andreessen Horowitz
Volumes have been lower and we are still waiting for that next catalyst to get things going. Technically, the fact...
Wednesday, May 25, 2022
Today’s report: Locked in a holding pattern
With the price of bitcoin going nowhere, there really isn’t all that much to talk about right now. The market...
Tuesday, May 24, 2022
Today’s report: Gamestop and eBay making moves
Price action continues to be rather unimpressive in crypto markets, with bitcoin and ether confined to tight consolidations. We continue...
Monday, May 23, 2022
Today’s report: Volumes cool off after big week
Things have been relatively quiet in the world of crypto in recent sessions. What we’re seeing is consolidation ahead of...
Thursday, May 19, 2022
Today’s report: Volumes cool but volatility on the rise
We’re not convinced the bottom is in for bitcoin and ether in 2022. While we believe we are getting closer...
Wednesday, May 4, 2022
Today’s report: Institutional adoption keeps on
Though we haven’t seen much in the way of major movement, with bitcoin and ether both still very much confined...
Tuesday, May 3, 2022
Today’s report: Hoping for a better month
Seasonality trends were not helpful as an indicator for performance in the month of April. Heading into the month, there...
Thursday, April 28, 2022
Today’s report: Volume cools after impressive start to week
No major updates in crypto as we head into the latter half of the week. There were a number of...
Wednesday, April 27, 2022
Today’s report: On chain metrics are encouraging
We believe we’re getting closer and closer to that point where medium and longer-term investors in the crypto space will...
Tuesday, April 26, 2022
Today’s report: Volume jumps as week gets going
Heading into April, it was looking like it could be an impressive month of performance for crypto. Seasonality trends were...
Monday, April 25, 2022
Today’s report: Ether volume stands out
We’ve spent a lot of time talking about our worry of deeper setbacks in the US equities market in 2022...
Thursday, April 14, 2022
Today’s report: Terra keeps on buying that bitcoin
Stocks were back up on Wednesday and so was crypto. This correlation continues to prove quite reliable in 2022. We...
Wednesday, April 13, 2022
Today’s report: Volume cools off into mid-week
A Bank of America fund manager survey showing global growth optimism at an all-time low has not been good for...
Tuesday, April 12, 2022
Today’s report: Trading like an emerging market
Stocks down. Crypto down. That’s the story. Bottom line here is that crypto is viewed as an emerging market right...
Monday, April 11, 2022
Today’s report: Volumes move up despite price declines
We continue to see downside pressure on crypto resulting from this latest shakeup in risk assets. Last week’s Fed Minutes...
Wednesday, April 6, 2022
Today’s report: A sit down with Pompliano
The latest pullback in the crypto market directly coincides with the pullback in US equities as this correlation continues to...
Tuesday, April 5, 2022
Today’s report: Bitcoin 2022 conference highlights the calendar
There hasn’t been much change to price action between now and when the week started out, with bitcoin well supported...
Monday, April 4, 2022
Today’s report: Crypto resilient despite setbacks
Last week, the EU parliament voted in favor of passing stringent AML laws that would require centralized crypto exchanges to...
Thursday, March 31, 2022
Today’s report: Volume cools off into latter half of week
Things have cooled off into the latter half of the week after we had seen a nice run to the...
Wednesday, March 30, 2022
Today’s report: Some reservation about the bullish move
Technically speaking, the latest upside breaks in both bitcoin and ether beyond their respective February highs, have now strengthened the...
Tuesday, March 29, 2022
Today’s report: CORRECTION Re Today’s Report: Please Re-Read Latest Industry News Section
On Monday, we talked about the many macro drivers influencing this latest move higher in the crypto space. Today, we...
Tuesday, March 29, 2022
Today’s report: CORRECTION Re Today’s Report: Please Re-Read Latest Industry News Section
On Monday, we talked about the many macro drivers influencing this latest move higher in the crypto space. Today, we...
Monday, March 28, 2022
Today’s report: Bitcoin clears important resistance
We’ve seen a surge in demand for crypto assets over the past week, with bitcoin and ether both clearing critical...
Thursday, March 24, 2022
Today’s report: Waiting for some action
There is definitely a sense of frustration in the crypto market given the lack of direction. We’ve been trading sideways...
Wednesday, March 23, 2022
Today’s report: Volume picks up into Wednesday
There was plenty of encouraging price action in crypto markets on Tuesday. And as per Tuesday’s report, we highlighted a...
Tuesday, March 22, 2022
Today’s report: Positive news rolling in
The positive news in the crypto space keeps rolling in. Last week, news broke of our own LMAX Group partnering...
Monday, March 21, 2022
Today’s report: Lackluster volume in low volatility environment
The war between the Russia and Ukraine has the market continuing to speculate about the role of cryptocurrency in times...
Thursday, March 17, 2022
Today’s report: Bitcoin volume surges on Fed day
It seems as though most of the FOMC hawkishness was well priced in, because there was no negative market reaction...
Wednesday, March 16, 2022
Today’s report: Will the Fed decision inspire crypto volatility?
We’ve been seeing a trend of investment from web 2.0 giants into web 3.0, this latest big one coming from...
Tuesday, March 15, 2022
Today’s report: Crypto lobby getting stronger
Last week, the executive order out of the White House was a lot warmer to cryptocurrencies than many were expecting....
Monday, March 14, 2022
Today’s report: Volume cools off in sideways trade
We haven’t seen a whole lot of action in crypto markets over the past week or so. Price action has...
Thursday, March 10, 2022
Today’s report: Euphoria fades away
On Wednesday, it was about euphoria in the aftermath of an executive order out of the White House that was...
Wednesday, March 9, 2022
Today’s report: Bright signs….but still not out of the woods
This week’s price action has been significant in many ways, and not all that significant in many other ways. So...
Tuesday, March 8, 2022
Today’s report: Seasonality analysis suggests weakness in March
Stocks were down in a big way on Monday, and yet, crypto markets held up well on a relative basis....
Monday, March 7, 2022
Today’s report: Cronje steps away from Defi
As the new week gets going, the crypto market is once again facing pressures from broader risk off in traditional...
Thursday, March 3, 2022
Today’s report: Volume levels out into key resistance
Crypto has cared less about correlations with traditional market sentiment in recent sessions. We’ve seen bitcoin and eth rally back...
Wednesday, March 2, 2022
Today’s report: All signs pointing north
Price action this week has been impressive, with a number of things happening that are all encouraging. Clearly the upticks...
Tuesday, March 1, 2022
Today’s report: Confined to January range
There wasn’t a whole lot of interesting market activity in February, with both bitcoin and ether closing out the month...
Monday, February 28, 2022
Today’s report: Ether volume cools off in previous week
As we come into the new week, we’re looking at a crypto market still very much tied to the fate...
Thursday, February 24, 2022
Today’s report: Back towards the yearly lows
Cryptocurrencies are under pressure into Thursday on the back of the latest escalation in geopolitical tension between Russia and the...
Wednesday, February 23, 2022
Today’s report: Short-Term vs Long-Term
Most of the price action in crypto of late has revolved around all things geopolitical. The Russia-Ukraine tension has weighed...
Tuesday, February 22, 2022
Today’s report: Crypto hit on geopolitical tension
We should expect to see liquidity returning to normal conditions on Tuesday, as the US market comes back from the...
Monday, February 21, 2022
Today’s report: Ether volume stands out in previous week
We haven’t seen much of a breaking away of that shorter-term correlation between crypto and global risk sentiment. At the...
Thursday, February 17, 2022
Today’s report: Ether volume climbs, bitcoin volume holds steady
Price action was looking rather promising this week, with both bitcoin and eth in demand and fast approaching key short-term...
Wednesday, February 16, 2022
Today’s report: About bitcoin and gold
There’s been a lot of talk around the correlation between bitcoin and risk sentiment. And while we have acknowledged this...
Tuesday, February 15, 2022
Today’s report: Volume dips but demand still there
Into Tuesday, we’re seeing impressive demand for crypto assets, despite ongoing downside pressure in US equities. This is a major...
Monday, February 14, 2022
Today’s report: Volume ticks up in previous week
Lots of attention on the crypto space over this weekend, this after the barrage of Superbowl commercials. All of this...
Thursday, February 10, 2022
Today’s report: Crypto turns to US inflation data
We’re staring at what could be an interesting day for bitcoin. A lot of what’s been driving prices in recent...
Wednesday, February 9, 2022
Today’s report: Volume jumps after slow start to week
We continue to wider adoption of bitcoin into 2022, with several publicly listed US companies adding bitcoin to their balance...
Tuesday, February 8, 2022
Today’s report: Volume cools off as week gets going
We’ve seen an impressive wave of demand for crypto assets in recent sessions. The price action has been especially impressive...
Monday, February 7, 2022
Today’s report: Not out of the woods just yet
We’ve spent quite a bit of time talking about how we think the correlation of ‘risk off-crypto off’ is a...
Thursday, February 3, 2022
Today’s report: One more drop before the next big pop
We’re still talking macro risk and impact on crypto, and we still believe this could play a major influence on...
Wednesday, February 2, 2022
Today’s report: Lots of good news to go round
Plenty of news around the crypto space in recent sessions. We’ve heard about the ballooning valuation over at FTX after...
Tuesday, February 1, 2022
Today’s report: Maybe one more drop before big bullish reversal
The year is officially getting going with January behind us and on the books. It wasn’t a great start to...
Monday, January 31, 2022
Today’s report: Another tough month for crypto
January was another hard month for crypto assets. Bitcoin put in a third consecutive bearish monthly close, while ether put...
Thursday, January 27, 2022
Today’s report: Volumes remain robust
The Federal Reserve decision has come and gone and investors haven’t taken kindly to the Fed communication. There was hope...
Wednesday, January 26, 2022
Today’s report: It’s all about the Fed decision
All of the focus for today will be on the Fed decision. As things stand, crypto assets are still showing...
Tuesday, January 25, 2022
Today’s report: Volume ticks up big as week gets going
All of the volatility out there has welcomed tremendous volume to start the week. Unfortunately, the sentiment driving volatility has...
Monday, January 24, 2022
Today’s report: Where we could be headed
We’re still in that place where downside pressure in US equities is leading to downside pressure in crypto. But having...
Thursday, January 20, 2022
Today’s report: Crypto still hanging on US equities
We still feel a lot of what we’re seeing in crypto is about reacting to flows in traditional markets. And...
Thursday, January 13, 2022
Today’s report: Volume up across the board
Bitcoin and ether have managed to extend recent recoveries, with the latest round of gains coming from reaction to US...
Wednesday, January 12, 2022
Today’s report: The not so scary death cross
There’s been plenty of bearish talk out there because of warnings out from the world of technical analysis. Those warnings...
Tuesday, January 11, 2022
Today’s report: Three takeaways from Monday’s price action
It’s getting a little wild out there in financial markets and with that said, we have a few interesting insights...
Monday, January 10, 2022
Today’s report: Volume picking back up as new year gets going
Correlations between crypto and performance in US equities remain high, with bitcoin and ether under pressure into the new week...
Thursday, January 6, 2022
Today’s report: Crypto can’t escape macro pressures
We’ve spent a lot of time highlighting our concerns with respect to the short-term outlook for the crypto space. We’ve...
Wednesday, January 5, 2022
Today’s report: Why ether could be more exposed in 2022
In case you missed it the other day, here’s an overview of our thoughts as we get going in 2022....
Tuesday, January 4, 2022
Today’s report: Bitcoin could outshine ether in 2022
We’re into a new year and we thought it might be a good idea to take some time to offer...
Wednesday, December 22, 2021
Today’s report: Dorsey gets more vocal about bitcoin
A lot of the news has been positive into Wednesday and this has unquestionably contributed to the latest recovery rally...
Tuesday, December 21, 2021
Today’s report: Volumes cool down into holiday season
Bitcoin and ether have been confined to tighter trading ranges of late, though at the moment, the prospect for deeper...
Monday, December 20, 2021
Today’s report: Positive correlation with stocks is a negative
Shorter-term correlations between bitcoin and stocks continue to run up into year end. With stocks looking heavy and correcting off...
Thursday, December 16, 2021
Today’s report: Volume boost courtesy of the Fed
It’s all a little surprising. Risk markets have been in rally mode post this latest Federal Reserve decision in which...
Wednesday, December 15, 2021
Today’s report: About crypto and Fed decisions
There’s been a lot more selling in recent days, with crypto assets under pressure across the board. The most obvious...
Tuesday, December 14, 2021
Today’s report: Telling signs from ETHBTC
We’ve been keeping an eye on the ether to bitcoin ratio and the latest price action could be worrying. Last...
Monday, December 13, 2021
Today’s report: Volume cools off in previous week
We continue to see cryptocurrencies well capped into rallies as 2021 winds down. It’s been a fantastic year overall, with...
Thursday, December 9, 2021
Today’s report: Volume and surveys point to price declines
The heads of six major crypto firms sat down before the US House Financial Services Committee on Wednesday to discuss...
Wednesday, December 8, 2021
Today’s report: Volume dips into Wednesday
Australia is making headlines this week, as the country is said to be weighing plans for an RBA-issued digital currency...
Tuesday, December 7, 2021
Today’s report: Volume looking good into Tuesday
The major cryptocurrencies have done an excellent job recovering from the weekend flash crash. A lot of this has to...
Monday, December 6, 2021
Today’s report: Flash crash weekend
It was a wild weekend in the world of cryptocurrencies. We had warned about the possibility for massive price corrections...
Thursday, December 2, 2021
Today’s report: Ether to bitcoin ratio is interesting
We’ve seen some interesting market dynamics this week. All week, we’ve highlighted how we think a lot of the price...
Wednesday, December 1, 2021
Today’s report: Big jump in Ether volume
At the moment, the driving force behind crypto moves is coming from the macro front. We think it will be...
Monday, November 29, 2021
Today’s report: Volume to pick up post holiday
Whenever you see big moves in global markets like we saw on Friday, it shouldn’t come as a surprise to...
Thursday, November 25, 2021
Today’s report: Volume dips into holiday
We’ve been seeing more selling pressure in cryptocurrencies this week, with many attributing the primary downside pressure to strong demand...
Wednesday, November 24, 2021
Today’s report: Get ready for thinner conditions
We think we’re in a phase right now where a lot of the good has been priced into the market,...
Tuesday, November 23, 2021
Today’s report: Risk for more weakness
We continue to see short-term risk tilted to the downside for cryptocurrencies. The combination of a technical picture begging for...
Monday, November 22, 2021
Today’s report: Will volume decline in Thanksgiving week?
Last week we highlighted the possibility that there could be some corrective pullbacks ahead for the crypto market. Indeed, we...
Thursday, November 18, 2021
Today’s report: Signs of deeper setbacks
There have been plenty of big crypto sponsorships in 2021, more evidence of the asset class going mainstream. The latest...
Thursday, November 11, 2021
Today’s report: Volume roars back
We had warned of potential downside pressure on crypto assets if US inflation data came in above forecast on Wednesday....
Wednesday, November 10, 2021
Today’s report: About volume and price
At the moment, we’re focused on signs of technical extension suggesting the next big move for cryptocurrencies could be lower...
Tuesday, November 9, 2021
Today’s report: Impressive run, not so impressive volume
We’re seeing record high prices into Tuesday, though this latest surge in bitcoin and ether have not been accompanied by...
Monday, November 8, 2021
Today’s report: Who doesn’t love crypto?
Last week, we highlighted macro risk to cryptocurrencies from the Fed meeting. We’ve since seen the market react accordingly, with...
Wednesday, November 3, 2021
Today’s report: Bitcoin adoption paves way for Ethereum
Adoption of cryptocurrency continues to extend well into the mainstream, getting a nice help from major celebrities and professional athletes....
Tuesday, November 2, 2021
Today’s report: Crypto watching traditional markets
We think a lot of the movement in crypto markets this week could have a lot to do with what...
Monday, November 1, 2021
Today’s report: Will the record run keep on?
Two big stories in crypto markets into the new week are the ability for bitcoin to be so well supported...
Thursday, October 28, 2021
Today’s report: Ether outpaces bitcoin
October has been an important month for bitcoin, with the asset soaring to a fresh record high after the long-awaited...
Wednesday, October 27, 2021
Today’s report: A hedge for all seasons
We’re seeing a small round of profit taking in crypto markets following the latest surge in the price of bitcoin....
Tuesday, October 26, 2021
Today’s report: Volumes cool as market consolidates
The market has entered a period of consolidation after bitcoin broke out to a fresh record high in the previous...
Monday, October 25, 2021
Today’s report: Crypto goes mainstream
Cryptocurrencies have gone mainstream. This has been the major takeaway in the space over the past several days. The market...
Thursday, October 21, 2021
Today’s report: ETF invites more mainstream adoption
Plenty of attention in crypto this week, with bitcoin finally breaking through to a fresh record high and carrying the...
Wednesday, October 20, 2021
Today’s report: Where to now after ETF news out of way?
It’s clear the crypto market has been super enthused about the bitcoin ETF news in the United States. Bitcoin has...
Tuesday, October 19, 2021
Today’s report: Bitcoin volume at highest levels since early September
There continues to be a whole lot of buzz around the first bitcoin-linked ETF in the US. The market had...
Monday, October 18, 2021
Today’s report: Bitcoin technicals push into overbought
We continue to see plenty of support for bitcoin early in Q4 2021. Options volume and open interest metrics have...
Thursday, October 14, 2021
Today’s report: Keeping an eye on the weekly close
There continues to be solid demand for crypto assets into the latter portion of the week. At the moment, bitcoin...
Wednesday, October 13, 2021
Today’s report: Blockchain user activity on the rise
As per our Tuesday note, demand for crypto assets has been strong, though we are running into a bit of...
Tuesday, October 12, 2021
Today’s report: 6 reasons bitcoin is surging in October
There’s been a lot of talk about this latest surge in the price of bitcoin, with the price now closing...
Monday, October 11, 2021
Today’s report: Outlook for crypto continues to look up
We’re not too sure many out there can even remember when the crypto market was under pressure at the end...
Thursday, October 7, 2021
Today’s report: Bitcoin volume surges on massive price jump
A Bank of America research note is getting attention after the major institution said the digital asset universe had simply...
Wednesday, October 6, 2021
Today’s report: Bitcoin has seasonality on its side
Crypto assets have enjoyed a nice run this week and have been helped along from Monday’s WSJ piece revealing the...
Tuesday, October 5, 2021
Today’s report: Demand persists despite risk off flow
A lot of distress in traditional markets around US government disruptions and scandals at the Federal Reserve. All of this...
Monday, October 4, 2021
Today’s report: Crypto needs to focus on macro themes
An impressive recovery for crypto assets in the previous week, especially when considering what had been some downside pressure in...
Thursday, September 30, 2021
Today’s report: Highest monthly volume since May
Bullish momentum in the crypto space has stalled out since the market ascended to record highs back in April. Price...
Wednesday, September 29, 2021
Today’s report: 30 day volume crosses $40 billion
We’re seeing some demand into Wednesday, though the bias overall this week has been bearish. Market participants have been taking...
Monday, September 27, 2021
Today’s report: Crypto recovers from stale news
Crypto markets have already recovered most of last week’s setbacks from the news around China crackdowns. There had been an...
Wednesday, September 22, 2021
Today’s report: Total volume shoots up
Crypto assets are trying to recover after coming under intense pressure in recent sessions. The selling has been brought on...
Monday, September 20, 2021
Today’s report: Traditional market woes weigh on crypto
We’ve seen quite a bit of downside pressure on crypto assets in recent sessions. We believe most of this has...
Wednesday, September 15, 2021
Today’s report: Don’t forget about that institutional adoption
A lot of the credit behind adoption in 2021 has been around the rise in the decentralized finance and NFT...
Tuesday, September 14, 2021
Today’s report: SEC Chairman Gensler and US inflation data
We should expect more from the regulatory headwinds front later today. SEC chairman Gary Gensler will be back at it,...
Monday, September 13, 2021
Today’s report: Weakness more short-term than anything else
We’ve been citing two major drivers behind the latest round of weakness in the crypto space. The first is around...
Thursday, September 9, 2021
Today’s report: Crypto under pressure but volumes are way up
A lot of the pullback in crypto assets over the past few sessions has been attributed to more regulatory headwinds...
Monday, September 6, 2021
Today’s report: Bitcoin breaks through
The market was enthusiastic about the breakout in the price of ether, but was still somewhat cautious, with bitcoin holding...
Thursday, September 2, 2021
Today’s report: Ether needs to pay attention to bitcoin
The story this week has been about the outperformance in the price of ether. All of the attention around the...
Wednesday, September 1, 2021
Today’s report: Crypto goes Hollywood
We’ve seen a surge in demand for ether over the past 24 hours, with the cryptocurrency breaking out to its...
Tuesday, August 31, 2021
Today’s report: Ether outperforming
Setbacks in the price of bitcoin have been well supported in recent sessions. But it’s ether that’s been the more...
Monday, August 30, 2021
Today’s report: Paulson no friend to crypto
As the week gets going, we’re still in a place where crypto markets are struggling to extend the impressive run...
Thursday, August 26, 2021
Today’s report: Activity strong despite pullback
At the moment, the pullback in crypto is quite normal and all within what has been a healthy recovery out...
Wednesday, August 25, 2021
Today’s report: Big names dipping into NFTs
We’ve been seeing a mild round of selling in the price of bitcoin, which has translated to some mild selling...
Thursday, August 19, 2021
Today’s report: Bitcoin back below 200-day moving average
There has been some worry about recent price action, with bitcoin rolling over a bit and dipping back below the...
Wednesday, August 18, 2021
Today’s report: No love from Fed Kashkari
Crypto assets have stalled out after an impressive breakout the other week, and it seems as though concerns about global...
Tuesday, August 17, 2021
Today’s report: Crypto needs to keep an eye on US equities
Overall, market conditions have been more quiet in recent sessions, this after some volatility around the crypto carve-out in the...
Tuesday, August 10, 2021
Today’s report: On the bright side
For the moment, the crypto market has done a really good job taking in the news of the US Senate...
Monday, August 9, 2021
Today’s report: Waiting on the bill
The primary focus has been around the US infrastructure package and how it will impact crypto. The market was looking...
Thursday, August 5, 2021
Today’s report: What’s weighing on crypto right now?
The two big stories in the crypto space at the moment are around regulation and the Ethereum hard fork. We...
Wednesday, August 4, 2021
Today’s report: Ethereum upgrade and sell the fact
The long-awaited update on the Ethereum London Hard Fork is scheduled to go live and there is risk we see...
Monday, August 2, 2021
Today’s report: US infrastructure bill shaking things up
We’re seeing some selling kicking in over the past few sessions, with most of the pressure falling on bitcoin. It...
Thursday, July 29, 2021
Today’s report: Crypto needs to be mindful of US equities
A lot of talk around the drafting of a new infrastructure bill in US Congress looking to raise $30 billion...
Wednesday, July 28, 2021
Today’s report: Crypto paying attention to US policy
Tuesday’s US Senate Banking Committee hearing on crypto was celebrated in the community after it became clear government officials were...
Tuesday, July 27, 2021
Today’s report: Volume jumps back above $2 billion
The market has been better bid across the board of late, with many assigning this most recent push to the...
Monday, July 26, 2021
Today’s report: Not out of the woods yet
We’ve seen an impressive recovery in crypto over the past week or so, with both bitcoin and eth soaring since...
Thursday, July 22, 2021
Today’s report: More than a yard
A lot of talk around yesterday’s panel with Elon Musk, Jack Dorsey and Cathie Wood at ‘The B Word Panel’...
Wednesday, July 21, 2021
Today’s report: Eth volume turns up
There’s been a lot of talk around increased pressure from the regulatory side, with both the US and the EU...
Tuesday, July 20, 2021
Today’s report: Risk for one more healthy decline
Headlines haven’t been all that upbeat over the past 24 hours and we continue to hear about more crackdowns and...
Monday, July 19, 2021
Today’s report: $1 billion valuation
LMAX Group, the parent company of LMAX Digital has just earned itself a $1 billion valuation after agreeing to take...
Thursday, July 15, 2021
Today’s report: Risk from the outside
The biggest risk to crypto assets at the moment is the risk of a capitulation in US equities. As we...
Wednesday, July 14, 2021
Today’s report: When US inflation comes to crypto
Some of the weakness we’re seeing in crypto assets is coming US economic data, with inflation metrics front and centre. Tuesday’s much hotter...
Tuesday, July 13, 2021
Today’s report: UK police crack down
Reports continue to come in of miners heading for the exit doors in China. The latest story revolves around NYSE...
Monday, July 12, 2021
Today’s report: SPACs come to crypto
We’re not seeing all that much in the way of new stories as the week gets going. There continues to...
Thursday, July 8, 2021
Today’s report: Stock market slide hits crypto
The crackdown in China continues to get a lot of attention, but as we’ve already highlighted this week, we believe...
Wednesday, July 7, 2021
Today’s report: Slow summer trade
When it comes to new headlines in the space, we’re grasping at straws. We’re into summer doldrums trade and very...
Tuesday, July 6, 2021
Today’s report: Monday volume quite solid considering…
We’ve warned that China crackdowns and regulatory headwinds could continue to weigh on the crypto market for the remainder of...
Monday, July 5, 2021
Today’s report: Quiet, but mostly good
We haven’t seen much in the way of activity in recent weeks and the market remains confined to a consolidation...
Tuesday, June 22, 2021
Today’s report: Not out of the woods yet
News of more Chinese mine closures and additional regulatory scrutiny have been sourced as drivers behind this latest weakness in crypto...
Monday, June 21, 2021
Today’s report: Crypto still exposed to deeper setbacks
News of more Chinese mine closures and additional regulatory scrutiny has been sourced as some of the driver of this...
Thursday, June 17, 2021
Today’s report: When risk comes off
The big story into Thursday is around global macro fundamentals and the impact this latest Federal Reserve decision will have...
Wednesday, June 16, 2021
Today’s report: Fed risk and crypto
All of the positive news out of the crypto space this week has been having a positive impact on the price...
Tuesday, June 15, 2021
Today’s report: Caution still required
There’s been plenty of good news in the crypto space over the past 24 hours and the market has certainly been...
Monday, June 14, 2021
Today’s report: The Musk factor
Things have been rather quiet in the world of cryptocurrencies of late, with the only notable story coming by way...
Thursday, June 10, 2021
Today’s report: Attention turns to inflation
The crypto market got a nice boost on Wednesday from the news out of El Salvador of Bitcoin getting passed...
Wednesday, June 9, 2021
Today’s report: A big step forward for Bitcoin
The big news on Wednesday is the bill that passed in El Salvador to adopt Bitcoin as a form of...
Tuesday, June 8, 2021
Today’s report: Plenty of upbeat news despite bearish price action
We had warned about a period of correction and consolidation that had long been overdue, and this is exactly what...
Thursday, May 27, 2021
Today’s report: Paypal takes another big step forward
There’s been quite a bit of hectic back and forth out there and market participants are trying to figure out if...
Wednesday, May 26, 2021
Today’s report: Looking for strength in moments of weakness
Setbacks have been finding support in recent sessions and we have been seeing many larger players and institutional types excited to...
Tuesday, May 25, 2021
Today’s report: Musk feels better about Bitcoin mining outlook
Crypto markets were right back on the bid in Monday trade, washing away a lot of fear and uncertainty that...
Monday, May 24, 2021
Today’s report: A case of the weekend wobbles
The slide in crypto continued into the weekend, though Bitcoin still managed to hold up above last week’s low. Unfortunately,...
Thursday, May 20, 2021
Today’s report: 30-day volume crosses $70 billion
Wednesday was a dark day for crypto markets, with price declines accelerating at rapid rates before finally finding demand. Bitcoin...
Wednesday, May 19, 2021
Today’s report: China headlines more noise than news
The shakeup in crypto markets has intensified into Wednesday, with Bitcoin dropping back below $40,000 for the first time since...
Tuesday, May 18, 2021
Today’s report: Less about Tesla, More about Inflation
Weakness in crypto associated with Elon Musk and Tesla has been grossly overstated in our view, with most of the...
Friday, May 14, 2021
Today’s report: Another record day at LMAX Digital
Most of the conversation in the crypto space continues to be around fallout from the Tesla move to stop accepting...
Thursday, May 13, 2021
Today’s report: Musk’s 180 on Bitcoin
The big headline into Thursday is the news around Elon Musk and his announcement that Tesla will know longer be accepting...
Wednesday, May 12, 2021
Today’s report: Druckenmiller talks crypto and USD status
The insatiable appetite for Ether has only intensified in recent days, with the crypto asset continuing to extend its record...
Tuesday, May 11, 2021
Today’s report: Closing in on JP Morgan
We’re seeing some profit taking in crypto markets into Tuesday after the price of Ether had extended its run to...
Monday, May 10, 2021
Today’s report: Ether getting all the attention
Ether is the cryptocurrency really turning heads in 2021. Ether has extended its record run of gains, all while bitcoin...
Thursday, May 6, 2021
Today’s report: Bitcoin caught between levels
Ether is the cryptocurrency really turning heads in 2021. Ether has extended its record run of gains, all while bitcoin...
Tuesday, May 4, 2021
Today’s report: Bitcoin takes backseat to ether
Ether is the cryptocurrency really turning heads in 2021. Ether has extended its record run of gains, all while bitcoin...
Monday, May 3, 2021
Today’s report: Sideways bitcoin puts focus on ether
Ether is the cryptocurrency really turning heads in 2021. Ether has extended its record run of gains, all while bitcoin...
Thursday, April 29, 2021
Today’s report: Next big move could be lower
Ether is the cryptocurrency really turning heads in 2021. Ether has extended its record run of gains, all while bitcoin...