Stocks: The Great Decoupling I know, I know....Historically, BTC and stocks have maintained a fluid relationship; sometimes they move inversely to one...Meanwhile, the correlation between BTC and stocks has been strong in recent weeks as expectations for...On the flip side, if stocks are able to maintain their current uptrend and continue to push towards new...

Centralized cryptocurrency exchange (“CEX”) tokens have seen a stellar run up year to date, with BNB...In this report, we will be studying the utility of exchange tokens across a number of centralized (CEX...) and decentralized (DEX) exchanges, as well as the cashflow accrual mechanism to token holders.

Every attempt to build a decentralized exchange has been focused on a single market type....On centralized exchanges, either the exchange or a project actively solicits market making firms to provide...As a decentralized exchange, Vega will not engage in this....It’s an obvious problem for decentralized exchanges.

Quick Background Curve is an exchange liquidity pool built on Ethereum to handle extremely efficient...While Curve is directly targeting this market between stablecoin exchanges, the total volume number of...$12.6T is misleading as while this amounts to total stablecoin exchange volumes, only a fraction would...

31% of USDT Supply Is Sitting on Exchanges Risk assets fell during Asian hours weighed down by rising...USDT supply on exchanges is at a 1-year high, indicating that investors have become risk-averse and sold...About 31% of the total USDT supply are sitting idle on exchanges, suggesting traders are turning risk-off...supply on exchanges respectively.

BTC and ETH Leaving Exchanges Exchange balances of BTC and ETH have been on a consistent decline since...BTC balance on exchanges is currently at a three-year low, and ETH balance on exchanges is at a two-year...rise of DeFi has allowed users to seek yields on their assets rather than keeping them dormant on an exchange...on centralized exchanges.

Tomorrow will mark a historical moment in crypto as Coinbase’s stock, COIN, lists on the Nasdaq with...The rise in exchange tokens has been driven in large part by Binance’s BNB token, which recently reached...Over the last few months, volumes on centralized exchanges have surged, reaching new record highs.

ETH outflows from exchanges outweigh inflows, blockchain gaming continues to attract investors, and Binance...📊 ETH Exchange Outflows Continue to Outweigh Inflows Large amounts of ETH have continued to leave...exchange wallets, despite the declining ETH price....On August 29th, exchanges saw an outflow of over 476k ETH.

Chart of The Day: BTC Exchange Balance Trends Down The BTC balance on exchanges recently hit its multi-year...As the adoption of Bitcoin increases, we see that more users are willing to take bitcoin off exchanges...Previously, the BTC balance peaked on March 2020’s Black Thursday when investors rushed into exchanges...

Exchange Exodus; Bullish for DEXes?...Yesterday marked the single largest daily outflow of BTC from exchanges since mid 2016....Binance and Coinbase were the top two exchanges in terms of absolute outflow....The million dollar question right now is whether this will benefit decentralized exchanges.

One of these is the Russell 2000, the ot...

Instead, it’s circulated from daily markets for different tokens and stocks.

...this morning: https://x.com/krakenfx/status/1911770230163898541 Kraken is now offering over 11,000 stocks...and ETFs: https://www.kraken.com/stocks Signals a shift for Kraken, differentiating themselves greatly...and ETFs: https://www.kraken.com/stocks Signals a shift for Kraken, differentiating...

Vertex Protocol is a hybrid orderbook/AMM DEX that launched on Arbitrum in April. It’s key differentiators are its low fees (0/3 bps) and unified cross-margin. The race for cross-margin is an emergi...

But stocks don’t trade on past results; they trade on future expectations, and stock prices are determined...Notably, major securities exchange stocks like Nasdaq or ICE or the London Stock Exchange tend to trade...Similarly, the major exchange stocks tend to trade between 16-24x forward EV/EBITDA, so assuming total...

...bring back Teddy Vallee, Founder & CIO of Pervalle Global, to discuss his latest outlook on US tech stocks...

Notably, ETH supply on exchanges has fell to 2016 levels....with ETH being integrated into multiple DeFi use cases, there are opportunity costs for leaving ETH on exchanges...With ETH staking at new highs and ETH on exchanges at its lows, what happens when demand for ETH comes...