PrevNext

8th April 2025

State of the Charts

In this post, I will provide some technical analysis of the major L1s by means of index breadth conditions, recently observed volume spikes, and the DeMark Setup indicator.

Breadth of the Delphi L1 Index

Oversold is not Overextended

The percentage of constituents in the Delphi L1 index (N=26) that are currently in oversold conditions (def

...
Ceteris
Ceteris

Tariff-Free Market Views

The past month or so has not been kind to a crypto analyst or investor. When the president of the United States becomes unhinged and volatile there is nothing you can really do besides wait it out. I have mentioned on the Hivemind podcast a few times that I have basically done nothing over the past few months. Maybe I should have sold mor

...

The Quiet but Impressive Rise of Telegram NFT Stickers

Intro

Telegram stickers recently received a major Web3 update that has led to the release of over 450k NFT stickers from popular IPs, such as Pudgy Penguin, BAYC, and Doodles, and more than $7.2M in combined sales revenue.

Luca Message.jpg

With NFT sticker minting and trading expected to go live later this month, what are Telegram NFT stickers, and why

...

7th April 2025

Arcana
Arcana

Global Markets Are One Giant Carry Trade

It’s been nine months since the Japan Yen carry trade unwind back in August of last year. And although the effects didn’t cascade as all the doomers were expecting, it’s certainly left some residual fears amid market uncertainty. The recent macro-economic headwinds from Trumps tariff policies have further added fuel to the uncertainty for

...
Duncan Matthes
Duncan Matthes

Pixelmon - Building IP

As gaming tokens continue to bleed across the board, MON Protocol stands out with a $35M treasury (excluding its own token reserves), a seasoned team, and a refreshingly transparent development approach. Trading at just a $25M FDV – less than its cash treasury – MON offers a rare value opportunity in a distressed sector that continues to

...

6th April 2025

Jason Pagoulatos
Jason Pagoulatos

Livin' On A Prayer? - Market Update 4/6/2025

As promised – yet another market update video as the dust begins to settle in the aftermath of “Liberation Day”. It certainly promises to be a big week.

If you have any questions, please comment below or message in the PRO telegram chat and I will do my best to get back to you guys.

Summary

  • Market conditions have deteriorated followin
...

5th April 2025

Simon Shockey
Simon Shockey

The $UNIT Opportunity: HyperUnit’s Quiet Power Play in the Hyperliquid Stack

While most of crypto is fixated on Hyperliquid’s meteoric rise as a trading venue — undercutting Binance on fees and onboarding a cult-like trader base — another narrative is quietly playing out beneath the surface. One that early observers might be able to position around before the rest of the market catches on.

HyperUnit is a standalon

...

2nd April 2025

Jason Pagoulatos
Jason Pagoulatos

Trump's Liberation Day: Market Update Live Stream

We will be hosting a live stream at 4:15pm EST today (Wed, April 2nd), with live coverage on the developing tariff situation, “liberation day”, and the impact on our market outlook going forward.

Pro members are invited to ask questions and comment in the Delphi Pro Telegram group throughout the session for Jason to discuss and answer

...

The Circle IPO: Caveat Emptor?

One of crypto’s most revered companies, Circle, has finally filed its S1 prospectus with the SEC ahead of a much anticipated IPO. Crypto stocks have become a clean way for people outside the industry to express a view on the industry’s growth story. Coinbase, in particular, was a pivotal IPO that brought a lot of credence and positive att

...

31st March 2025

Hunter Solaire
Hunter Solaire

Update: Resurgence of GameFi?

Four weeks ago, we examined a collection of GameFi projects that had recently emerged from stealth or kicked off their content cycles. The underlying thesis was that market participants had grown tired of repetitive memecoin speculation patterns and sought novel environments governed by new speculative rules. A few of these projects exhib

...