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Extreme Greed Returns as Bitcoin Dominance Falls
GBTC Slowly Recovers From BITO Launch The discount on Grayscale’s flagship Bitcoin-based product (GBTC...Extreme Greed Amidst a BTC Dominance Pullback After rising for a month with ETF anticipation, we’ve...leverage, it’s worth noting that the perpetual funding rate, a useful measure of froth in this futures-dominated...
3 Min
Infrastructure
Oct 2021
Bitcoin Dominates As Digital Gold Narratives Strengthens
[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Dominates-As-Digital-Gold-Narrative-Strengthens...-7-22-2019.pdf” title=”Macro – Bitcoin Dominates As Digital Gold Narrative Strengthens – 7 22 2019″]...
1 Min
Macro & Markets
Jul 2019
Lido Dominates Liquid Staking
However, Lido is currently the dominant provider, with an ~81% market share....If stETH dominates competitors and builds a liquidity/integration moat, we could see the 10% potentially...Will this dominance continue? The data indicates that Lido may just be warming up.
10 Min
Liquid Staking
Aug 2021
ETH Dominance, Mining Activity, & OpenSea's Recovery
ETH Dominance on the Rise ETH and BTC have both performed well in 2021....ETH’s dominance went from ~11% at the start of the year to ~21% today....Bitcoin Mining Activity Recovers When China banned cryptocurrency mining, BTC difficulty and hash rate...The ban had severe implications for the overall Bitcoin network, as 50% of the network’s hash rate was...
4 Min
NFT Marketplace
Dec 2021
Convex Dominates, yEarn Strengthens, Metaverse Strikes
Convex Finance Owns Largest Piece of CRV Pie Convex Finance continues to dominate the Curve wars as...Convex Finance Owns Largest Piece of CRV Pie Convex Finance continues to dominate the Curve wars as it...
3 Min
Vaults
Nov 2021
NFT Weekend Recap & OpenSea Dominance
NFTs (and specifically CryptoPunks) enjoyed a fantastic run over the weekend. During the Asia open, BTC takes a breather while consolidating below $40,000 while ETH/BTC wakes up from its multi-week sl...
3 Min
NFT Marketplace
Aug 2021
Mirror takes on Synthetix, Funding Depressed, Aave Dominates Lending
Together, with the low user count and high volume per user, it’s clear that Synthetix is a whale dominated...Aave Continues To Dominate Lending In the last 2 months, we’ve seen Aave taking significant market share...
3 Min
DeFi
Jun 2021
ETH/BTC Shrugs Off Correction, The Fight For Curve Dominance
(@AndreCronjeTech) June 7, 2021 In a landmark move, El Salvador became the first country to adopt Bitcoin...Some powerful interests will try to make this historical #Bitcoin move fail....Announces Proposed Private Offering of $400 Million of Senior Secured Notes to acquire additional #bitcoin...
2 Min
DeFi
Jun 2021
GBTC Discount, BTC's Surging Dominance, & Crypto Hell Week
GBTC’s price has underperformed bitcoin, returning -42.5%, while bitcoin’s price has fallen by -37.8%...This comes as the company is still in talks with regulators to convert its bitcoin trust into an ETF....Bitcoin Dominance Spikes Amidst Price Pullback  Crypto markets tumbled last week, with bitcoin trading...
4 Min
Macro & Markets
May 2022
The State of Bitcoin
Long-term value potential and analysis of Bitcoin...
Infrastructure
Dec 2018
The State Of Bitcoin
Bitcoin Ordinals kicked off an entirely new concept and Bitcoin sub-market....Bitcoin miners are a fundamental part of the Bitcoin ecosystem....A New Term: $ORDI Dominance Although there are thousands of tokens and more if we include the various...non-BRC20 standards, $ORDI dominates the market....and renewed interest in Bitcoin scaling.
28 Min
Layer 1 / L1
Feb 2024
Bitcoin's Global Breakout
As I said on @SquawkCNBC this morning, the supply/demand dynamic in bitcoin right now is off-the-hook...Bitcoin is the cool kid on the block again…much to the dismay of gold bugs.  ...The excuses that once dominated investor circles for not having exposure to BTC are evaporating.
5 Min
Macro & Markets
Mar 2024
Embracing Bitcoin's Volatility
Key Takeaways Bitcoin is capturing the mind share of younger generations because of its volatility and...Some argue bitcoin’s latest parabolic move is stealing market share from gold but that’s only the tip...Which is why Bitcoin is so fascinating to them....Bitcoin Running Ahead of Schedule Bitcoin wasted no time in the new year, kicking off 2021 with a +35%...
5 Min
Macro & Markets
Jan 2021
Is Bitcoin Eating the World?
Is Bitcoin Eating the World?...Bitcoin has leapt back into the limelight after taking a backseat to the “summer of DeFi” craze....Bitcoin was not the only asset taking a hit....Bitcoin, however, is new to most....But bitcoin won’t be shackled to playing just one role.
5 Min
Data
Oct 2020
What's Up With Bitcoin?
Insights from the Bitcoin options market.
2 Min
DeFi
May 2021
Nike NFTs Dominate Other Fashion Brands In Royalty Collections
📊 Nike NFTs Dominate Other Fashion Brands In Royalty Collections As of August 25th, Nike remains...
5 Min
NFTs
Aug 2022
Speculators vs. Hodlers, OpenSea Dominance, Uniswap LP Returns
OpenSea Dominates NFT Markets There’s one thing NFT Marketplaces and decentralized exchanges have in...
4 Min
NFT Marketplace
Jul 2021
Bitcoin's Seasonal Struggles
For more in-depth detail and context, be sure to check out our latest Bitcoin Outlook published just...Seasonality Struggles The early months of a new year are typically the most challenging for bitcoin,...But working off the data we do have, the argument for bitcoin’s Q1 weakness is likely two-fold.
4 Min
Spot Exchange
Jan 2021
Bitcoin for Advisors [Presentation]
I had the privilege of presenting at CoinDesk’s Bitcoin for Advisors conference earlier this week....The title of the session was “Global Macro Outlook and What It Means for Bitcoin”; needless to say I...Global Macro Outlook and What It Means for Bitcoin Slide 1: COVID-19 = Accelerant, NOT Root Cause..., “Global Macro Outlook and What It Means for Bitcoin”.
7 Min
DeFi
Nov 2020
The State of Bitcoin 2020
Eighteen months after our inaugural State of Bitcoin report and our conviction in the long-term value...proposition of Bitcoin is as strong as ever....We strongly believe Bitcoin offers several key advantages over traditional safe haven assets, which will...Within The State of Bitcoin 2020, our team dives into all this and more!
1 Min
Proof-of-Work
May 2020