Meanwhile, crypto-aligned equities – anchored in audited revenues and enforceable ownership rights are...UNI holders, meanwhile, would have no legal recourse and no equity linkage....Will protocols start dual-tracking equity and tokens?...Equities offer that....If we abandon tokens altogether, we might as well just be trading traditional equities.

Since 2000, the equity index experienced a positive gain in every prior instance over the following 90...Since 2000, the equity index experienced a positive gain in every prior instance over the fo...

...the ~2.0 Macro Beta Benchmark Bitcoin has consistently exhibited a macro beta near 2.0x versus major equity...is exaggerated relative to broader markets, we examine its historical beta relationship with major equity...Importantly, the recent BTC decline (Aug 13-18) appears elevated relative to equity market softness,...

Stocks have been on a tear since bottoming back in October – so a pullback is arguably overdue – but the equity...

Powell’s Hawkish Comments Spark Volatility US equity markets opened higher today, recovering from yesterday...quicker, the slowdown in global liquidity growth contributes to a somewhat negative outlook for both the equity...Powell’s Hawkish Comments Spark Volatility US equity markets opened higher today, recovering from yesterday...

These are public crypto accumulators: companies that use equity, debt, and reflexive investor demand...These firms are capital structure optimizers: using equity issuance, debt instruments, and reflexive...As crypto holdings rise, equity/debt demand grows, which enables further accumulation.

Key Takeaways Gold’s latest surge puts it among this year’s best performing assets, outpacing global equities...Once again, investors find themselves grappling with raging equity valuations on one hand and glaring...Momentum still favors equity bulls and the sheer weight of the FAAMG names means the latest uptrend could...

Token vs Equity  Exchange tokens have gradually evolved from the traditional role of providing utility...for users to incorporate more equity-like characteristics, such as the cash-flow based token burn model...However, unlike equity, token holders do not have rights to ownership nor legal rights to cash flows...

...a proportion of company sales makes this kind of offering an attractive alternative to traditional equity...In reality, many equity investments are made in anticipation of price appreciation rather than a steady...CSOs also remove some of the inherent complexities of valuing traditional equity investments because...

This is not native to the crypto market either; traditional markets like equities often see correlations...The sell-off in the crypto market was far more drastic than equities, but that’s to be expected given...While they aren’t the biggest bet on fiat currency debasement, equities have an element of scarcity themselves...

“Across equity and fixed-income markets broadly, the least-bad performance among U.S. assets were declines...Breadth in the equity market is also showing signs of improvement....We’re also entering one of the best seasonal periods for equity returns....Meanwhile, sentiment towards risker assets like equities is still in the gutter.

...assets a lift – the DXY peaked at the same time the SPX bottomed last year.Similarly, the recovery in equities...While some question the signal of the equity put-call ratio, large spikes also occurred around previous...for bulls who believe this market may have more room to run.Similarly, the short-term outlook for US equities...

They drive fluctuations in global equities… And have a strong impact on the largest equity market in...They influence the direction of global equity markets....Assuming the two remain positively correlated, the next question is what’s next for equities?...The vast majority of this year’s decline in equity markets can be attributed to multiple compression...

Markets wasted little time, retracing the initial move in oil, with both equities and crypto pushing...Crypto related equities like Coinbase, Robinhood and Galaxy (among others) have performed admirably in...Circle’s massively successful foray into public equity markets has also shown that investors are hungry...

Equities appear to be on the verge of another major test, and so far, there has not been enough evidence...As we noted, the correlation between crypto and growth equities still remains high....Historically, equities tend to see sizeable drawdowns during recessions....For the sellers, there’s still one sizable cohort that hasn’t capitulated on equities yet, and that’s...

A pivotal change is the resurgence of crypto IPOs, steering dynamics toward equity structures with clear...Recently, a shift back toward pure equity has emerged post-Circle’s IPO....The most notable year-over-year delta is in the growth in equity/token mixed rounds, rising from 3-6%...Implications for Secondary Markets: Are Equity Deals Poised To Dominate?

On the flip side, COIN could very well demand a forward P/S multiple of 25-30x if the party in equity...Remember, valuation multiples tend to be poor predictors of short-to-medium term stock performance as equities...The price of COIN will fluctuate with the broader equity market, and may even fall victim to sell-offs...

Correlations Bitcoin is often touted as an uncorrelated asset relative to conventional asset classes like equities...broad-based fiat currency debasement will serve as a long-term tailwind for all three (BTC, gold, and equities...Interestingly, BTC has traded more in line with the relative performance of small-cap equities than large-cap...

Emerging market equities, for example, are one way to play a weaker dollar trade as they tend to have...It drives everything from global equity markets to sovereign bonds to the direction of the US dollar;...Source: Bloomberg, MSCI   A weaker greenback tends to bode well for US equities, especially multi-nationals...