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We're beginning to enter a new chapter of the same book, where central banks across the globe
are moving...The Fed wasn't the only central bank to make waves last week....banks....The Fed is tethered to the policy decisions of other central banks, so sentiment and economic data from...
Report
Infrastructure
Jun 2019
Banks May Be Bitcoin's Greatest Catalyst
Bitcoin’s parabolic move this year has caused many market...Meanwhile, global central banks have largely pivoted away from
tighter monetary policy as concerns...Sentiment Score
Sources: TheTie.io
5
Research
June 10th, 2019
Central Bank Doves May Flex Their...banks.
Report
Macro & Markets
Jun 2019
...from a bank run due to a mismatch between the duration of their assets and liabilities....However, a bank run occurred before the necessary funds were raised, leading to their collapse....UST-LUNA Bank Run: UST is an algorithmic stablecoin....Holding cash offers two benefits: increased liquidity and reduced risk of bank runs.
Report
12 Min
Stablecoins
Apr 2023
DeFi
Nov 2019
It’s even bigger than the banks....major source of UST demand, that supply will have to be absorbed by the private sector and foreign central...banks....DeFi faced a stress test, leaving questions about the ecosystem’s vulnerability to centralized risks.
Report
38 Min
Global Macro Themes
Mar 2023
But banking is more than just financing, and solutions are being spun up in other verticals like market...While not part of the capital stack, market making is something Investment Banks will do for clients...
Report
24 Min
DAO
Jun 2022
...choosing to stake ETH, you have a variety of avenues to explore, including liquid staking protocols, centralized...Furthermore, its centralized structure represents a vulnerability, as it constitutes a single point of...In terms of staking methods, investors have several options: liquid staking protocols, centralized exchanges...
Report
16 Min
Liquid Staking
Jun 2023
DAO Banking: Beyond Tokens
[Excerpt from a Delphi Pro Report]
Since DeFi started taking off in 2020...
Report
6 Min
Lending / Borrowing
Jun 2022
DAO Banking: Beyond Tokens
[Excerpt from a Delphi Pro Report]
The first major instance of a DAO financing...
Report
10 Min
Layer 1 / L1
Jul 2022
Centralization....The Path Forward
Bittensor knows this centralization can’t last....Bottom line: The centralized control that saved Bittensor during this predicament is also one of its...
Alpha Insight
4 Min
Artificial Intelligence
May 2025
It’s even bigger than the banks....We looked into that and more in our report on the recent chaos in the banking sector.
Alpha Insight
1 Min
Macro & Markets
Mar 2023
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The launch of Ethereum’s Shapella upgrade mark...
Alpha Insight
1 Min
Liquid Staking
Jun 2023
Bank holdings of securities like USTs and MBS have gotten a lot of headlines, but bank lending has grown...Meanwhile, banks have been slow to raise deposit rates, so the outflow of deposits from the banking sector...longer duration illiquid assets while bank liquidity (cash) is trending lower....as the % of illiquid assets on bank balance sheets grows.
Alpha Insight
4 Min
Macro & Markets
Mar 2023
We are now about 3 months removed from the onset of the 2023 Banking Crises that kicked off in March....This is not the picture small banks facing the pressure wanted to see....Remember, smaller banks are facing a disproportionately tough battle versus that of larger banks; as...(JPM, C, WFC, BAC) versus the regional banking sector ETF, KRE.
Alpha Insight
2 Min
Macro & Markets
Jul 2023
Neither were China’s plans to lead the world towards a central bank digital currency and launch “the...It’s been over five years since China’s central bank started researching a digital yuan and things are...In addition to state-owned banks, China has tapped its most prominent tech giants to start developing...
Report
5 Min
Layer 1 / L1
Apr 2020
Why Are Bank Stocks and Bitcoin Moving Together?...Since 2020, the entire market has been repriced by central banks....But Bitcoin is not just like a bank – it is a bank, and a reserve, in a single unified architecture....Their reserves are held in USD, T-bills, and central bank deposits.
Alpha Insight
10 Min
Macro & Markets
Jul 2025
After months of the CLARITY Act sitting in legislative gridlock, the Trump White House locked the banking...The banks showed up with a “Prohibition Principles” document that essentially tries to nuke any form...Standard Chartered claimed recently that $500B could leave traditional banks by 2028 if stablecoin yield...
Alpha Insight
2 Min
Stablecoins
Feb 2026
The basic model of a bank run goes like this:
You’re a bank and you get $100 worth of deposits....must revisit what boomer banks do for a living....When a bank makes a loan, they take credit risk....Silicon Valley Bank (SVB) is not a traditional bank. It’s a startup bank....Silicon Valley Bank, however, doesn’t have 10 years.
Alpha Insight
7 Min
Macro & Markets
Mar 2023
...to bank cash, right?...And so, as bank hash declined, bank lending continues to struggle along....risk of a similar bank run that has now caused pretty sizable sell offs in regional bank stocks.
09:...So there’s signs that banks or bank borrowing is already rising before this, right?
Media
42 Min
Global Macro Themes
Mar 2023
Given the chaotic market events stemming from last week’s banking crisis, we would be expecting crypto...Last weekend, peak fear began to take hold as the amount of assets backing USDC held in failing banks...BTC finds itself retracing the entirety of the banking crisis/USDC-fud move lower, and is now looking...
Alpha Insight
5 Min
Macro & Markets
Mar 2023


















