Top Results259 results
Something’s Gotta Give
For starters, the market has gone from uber bullish Fed rate cuts to uber conservative, real quick....Three months ago, Fed fund futures were pricing 5-6 cuts in 2025. Now, it’s less than 2.  ...The US 10yr yield has risen over 100bps since the Fed started cutting rates in September.
7 Min
Macro & Markets
Jan 2025
Hope Metric : Macro Signal Monday (06-02-2025)
Reitar, Strategy, Metaplanet, GameStop) Macro tone turning cautious: VIX, yields, and gold are all up Fed...Fed officials, including Logan and Waller reiterated a message of patience even as ISM manufacturing...Fed ON RRP Spike – Liquidity Timing Still Matters At the end of May, we saw a sharp spike in Fed ON RRP...
7 Min
Macro & Markets
Jun 2025
Market Musings - New Year, More Volatility
⚠️SUMMARY OF FED FOMC STATEMENT: 1. The Fed delivered a ‘Hawkish Cut’. 2....Maybe it could be the next Fed Interest rate decision/press conference on Wednesday?
13 Min
Macro & Markets
Jan 2025
The Year Ahead for Markets 2025
In fact, Fed liquidity has been steadily falling for the last 9-10 months....As we’ve noted, Fed liquidity essentially tracks changes in bank reserves....From mid-2023 through March 2024, Fed liquidity grew by nearly $400B....US Treasury yields have jumped recently, despite two consecutive Fed rate cuts. ...A less dovish Fed and stronger outlook for US growth vs.
90 Min
Macro & Markets
Dec 2024
To Liquidity and Beyond - 6 charts that explain why BTC is coiled for a breakout
Macro Overlay: Fed Cut Expectations Anchored to July Fed Funds futures are now pricing a 25 percent...If the Fed opens the door to future cuts or signals flexibility, it would likely act as the macro catalyst...If net liquidity breaks higher and the Fed gives the market a green light, BTC could move fast.
5 Min
Macro & Markets
Jun 2025
Macro Signal Monday: BTC Holds the Range and Geopolitics Takes Center Stage (06/23/2025)
...reforms create regulatory clarity tailwind Outlook: Bias remains constructive; strong flows and dovish Fed...Fed officials are now openly signaling support for a July rate cut, triggering rallies across equities...Importantly, Fed ON RRP balances shows a clear decline in ON RRP usage, signaling that capital may be...
9 Min
Macro & Markets
Jun 2025
The Waters of March
Fed Net Liquidity on the Move A different metric that we haven’t looked at for a while, Delphi’s Fed...
2 Min
Macro & Markets
Mar 2025
Market Musings - Reawakening The Animal Spirits
Fed cuts rates by 50bps and signals more cuts to come....unusual_whales (@unusual_whales) September 26, 2024 And the constructive policy shifts don’t stop with the Fed...If recent policy shifts from the Fed and PBOC weren’t enough, look no further than the statements from...
16 Min
Macro & Markets
Oct 2024
Reassessing Monetary Architecture in the Age of Crypto
The Fed denied it access, citing concerns that TNB could “impair monetary policy transmission” by becoming...We just want to offer people safe money, backed 1:1 by Treasuries or Fed reserves.”...It’s not that the Fed believes they will fail – it’s that they’re worried it would actually succeed....Only this time, without the need for Fed access.
9 Min
Stablecoins
Jun 2025
Hope Metric : Macro Signal Monday (06-09-2025)
...strong (Reitar, Strategy, others) Macro tone improving: VIX, yields, gold up; equity markets mixed Fed...Fed ON RRP & Liquidity Update Last week’s report highlighted a sharp end-of-May spike in Fed ON RRP...Signal 1: Monetary Policy – Mildly Bullish Inflation expectations eased; Fed remains patient.
6 Min
Macro & Markets
Jun 2025
Vertical Integration vs. Creator Alignment: Pump.fun and Raydium's Battle for Solana's Memecoin Economy
In other words: Raydium made more total fees than Pump — largely because Pump fed them the flow.
16 Min
DeFi
May 2025
Macro Signal Monday: BTC Sentiment, Flows, and Macro Align as Market Eyes Breakout (06/16/2025)
Metaplanet crosses 10,000 BTC Macro: Risk tone improving (VIX down, equities firm, yields steady) Fed...Fed ON RRP & Liquidity Update After briefly declining, ON RRP balances are now trending higher again...But if balances roll over again post-Fed this week, it would strongly support a renewed move into risk...
6 Min
Macro & Markets
Jun 2025
Are The Stars Finally Aligning? [Crypto Insider Talks - Sep. 2024]
Why the Fed just gave the “green light” to global central banks Impact of China’s pivot and PBOC stimulus...And then, I think the combination of that and then, the Fed essentially giving other central banks it...Now, what was 2016 about the Fed were actually on hold and liquidity didn’t increase. What was it?
Macro & Markets
Oct 2024
Global Markets Are One Giant Carry Trade
The very existence of higher rates actually gives the Fed more power to intervene when things go wrong...This expands the toolkit the Fed has, reassuring markets and reinforcing the idea that the Fed can always...I find it hard to believe that the fed won’t step in at some point and damage control the recent events...
6 Min
Global Macro Themes
Apr 2025
Market Musings - Knock, Knock, Knockin’ on ATH’s Door
And the constructive policy shifts don’t stop with the Fed, as we’ve seen China & the PBOC begin...If recent policy shifts from the Fed and PBOC weren’t enough, look no further than the statements from...
14 Min
Macro & Markets
Oct 2024
Market Musings - April Showers… May Flowers? - Macro & Markets May 2025
These signals include: Monetary Policy and Fed Sentiment Macro Indicators and Market Expectations Geo-Economic...
25 Min
Macro & Markets
Jun 2025
MegaETH: Performance to Compete With TradFi
But in MegaETH’s implementation, the EVM is fed with a stream of transactions which are executed to maximize...
21 Min
Layer 2 / L2
Jan 2025
Market Musings - Eternal Chop
...further cooling in labor market conditions. – Jerome Powell, Jackson Hole 2024 On the other hand, the Fed...adjust. – Jerome Powell, Jackson Hole 2024 These are strong words from the FOMC, signaling that the Fed...Powell is dovish across the board—from the same stage where he two years ago signaled the Fed would accept...
10 Min
Macro & Markets
Aug 2024
Hope Metric : Macro Signal Monday (05-19-2025)
Below is today’s signal breakdown: Signal 1: Monetary Policy & Fed Sentiment – Neutral Egypt’s central...
4 Min
Macro & Markets
May 2025
Are Investors Too Bearish Now?
This tracks with rising expectations for more Fed rate cuts this year — with 75% expecting at least two...Which is actually slightly lower than what Fed fund futures are pricing in right now.
3 Min
Macro & Markets
Apr 2025