The last several weeks have been nothing short of crazy in the crypto market....In the meantime, I wanted to put a few key trends on your radar given how quickly markets can change....In last Thursday’s market commentary note, we highlighted just how strong the recent rally in precious...

Powell’s Hawkish Comments Spark Volatility US equity markets opened higher today, recovering from yesterday...This is likely to be a topic of Debate at the FOMC meeting in December, but the market has already started...in global liquidity growth contributes to a somewhat negative outlook for both the equity and crypto markets...

Everyone cheered and markets rallied....Where does that leave markets today?...In our Market Musings from August 6th, we cautioned that markets we’re not likely out of the woods just...in crypto markets to continue....In previous editions of Market Musings, we’ve looked into identifying and taking advantage of market...

Welcome back to Market Musings, our weekly memo covering timely market happenings....market environment....the broad crypto market)....the crypto market....Market prices react when something causes a change in market expectations....The central theme of last week’s Musings was the catalyst driven nature of the current market environment...

markets....The market structure shift we discussed in the previous editions of Market Musings has solidified with...For those that may have missed it, I have added my commentary below: What’s your take on the current...Last cycle we had stables grow from $5-$10bn market cap to nearly $200bn market cap at peak.

Setting the Stage – Signs of a Market Bottom The crypto market is facing one of its sharpest drawdowns...The truth is no one knows exactly when this market will bottom out....The total market cap of the public crypto market (ex-BTC and ETH) is currently trading right at its 2018...and accomodative market conditions.

Apps like Pendle have found product market fit by allowing users to speculate on the points market....There is no marketing budget; restaurants market to nearby restaurants and grow the business through...Market Research Market research, and more broadly advertising, is one of the biggest industries in existence...

As many of us gear up for the holiday season, the market is not looking quite as cheerful....For starters, market sentiment towards crypto is in the gutter....We’ve also pointed out the strong correlation between USD strength and market expectations for faster...We know by now spikes in equity market volatility often have an adverse impact on BTC and the broader...

But all of us feed the market....The core problem is that illiquid markets = inefficient markets....the market....Prediction markets do something similar for markets....Decision markets are essentially parallel markets for governance tokens.

Market Update With L1 szn taking hold of crypto markets, DeFi coins have fallen out of favor over the...Last week, we saw yet another swift yet sharp correction in the crypto market, albeit not as extreme...takes a hold of the market....DeFi money markets are as strong as they ever have been.

Market Update As the market goes deeper into risk-off mode while the dollar index (DXY) is displaying...strength, wider crypto markets continue displaying weakness across the board....The DeFi sector has been hit especially hard amidst broader market risk-off behavior.

Alpha’s native token $ALPHA has suffered the worst drawdown among comparable money markets since May,...While most money markets are overcollateralized, Alpha uses leverage which allows it to generate fees...that Alpha’s utilization rates for longer tail assets (excluding SNX) is the highest among the money markets...

Since then, markets have bounced a bit, but not convincingly enough to suggest the pain is over....prices higher than market price....In short, this implies the market is leaning bearish in the short-term....still has a balanced view on markets over the mid-term....BTC Spread Widens In other news, recent market moves have paused L1 season.

...important and timely crypto market happenings....BTC Market Structure — Market Structure Shift Solidified When looking at BTC price action on the higher...For more information about low/high volume nodes, market structure, and auction market theory, check...What are prediction markets? What are the different types of prediction markets?

Before the first murmurs of an “echo bubble” could be heard, LTC began its move higher while the broader market...This is especially true during major market moves....Interestingly, in the most recent downward market moves, LTC shrugged off this correlation and instead...risk appetite in markets as of late.

Market Update BTC is back at the range lows and it’s not looking great for crypto markets....Implied volatility, which is the volatility with which the market prices options, has been declining...Since price is now trending in a particular direction (down), the market isn’t considered volatile.

We’ve discussed many of them in detail in some of our prior reports, which complement the commentary...At the time of writing… BTC’s market cap is still only 11% of the combined market cap of the MAG7 (AAPL...There’s 3x more money held in US money market funds compared to BTC’s market cap....Our Year Ahead for Markets - 2025 does just that.

The crypto market as a whole generally moves in lockstep, albeit with some occasional outliers....Since then, DeFi has generally not shown any meaningful strength against the rest of the crypto market...Since DeFi Summer in 2020, DeFi has largely underperformed ETH throughout the previous bull market as...

...important and timely developments in the crypto market....But the inflation and labor market data show an evolving situation....Stablecoin market cap was ~$5 billion at the time....Delphi’s Market Matters (Delphi Research) The crypto markets are teetering on a knife’s edge.

Unsurprisingly, interest tends to pick up during bull markets and wane in bear markets....If the market were to mimic the same peak-to-trough drawdown of last cycle (~93%), the total market cap...Once the market turns, we’d expect to see some of this dry powder re-enter the market....markets.