Are high ETH fees on Ethereum bullish or bearish? Anytime someone asks this question you get the usual troll response “Ethereum is too expensive, nobody goes there anymore” and while true, I think it’s worthwhile to dissect this point of view instead... Read more

About a week ago, Stan Druckenmiller gave a relatively rare interview and Q&A session on a variety of macroeconomic topics and themes that he is paying attention to during these uncertain times. For those unaware, Stan is one of the GOAT macro invest... Read more

Crypto ramps suck. On-ramping from a bank account > CEX > Web3 wallet can take up to 6 days. Thanks to Coinbase’s debit card and similar new products, off-ramping to make a payment can take as little as 10 minutes, but the UX is far from ideal. To fu... Read more

Since March, there has been a significant increase in the notional open interest of NFTPerp, exceeding 1500 ETH and maintaining that level throughout the month, despite a slight decline towards the end of March. In April, it bounced back and peaked... Read more

Recent Research 📊 Bull vs. Bear – FOMC: Credibility Crisis – 5/3 In Market Matters, we delve into the Fed’s credibility, exploring their capacity to maintain higher rates for longer and whether they’ll need to reactively cut rates swiftly if thin... Read more

Not to be overshadowed by Powell and the FOMC announcement today, here are some governance threads I recommend you follow. ENS April 2023 Financials As I have said, DAOs should be better at posting financial statements. Expecting users and token ho... Read more

Since the ~$15.5k bottom in November 2022, Bitcoin has witnessed a more than formidable recovery. By late April, BTC nearly doubled in price from its November low. And since the start of 2023, it is up 72%. In comparison, ETH posted a 55% recovery,... Read more

Stanley Druckenmiller spoke recently at the 2023 NBIM Annual Investment Conference and was interviewed by Nicolai Tangen, the CEO of Norges Bank Investment Management. Norges Bank manages the Norwegian Sovereign Wealth Fund, which is the largest pub... Read more

The funding landscape for the Web3 gaming sector continues on a downward trend that started in Q1 2022, with both funding and the number of deals announced falling roughly 50% compared to March. However, this is not a trend exclusive to Web3 gaming.... Read more

To follow on Yun Heng’s post on “Blur’s New Product Suite: Blend”, it’s been really interesting to observe user behaviors since its launch… Blend is providing borrowers the highest LTV + lowest APRs for loans — subsidizing it with $BLUR tokens. It’s... Read more