The macro turn is more defensive heading in 2H26, with a hawkish Fed and rising real yields pointing...

Macro Thematics As we wade deeper into the summer months, markets have been anything but the dull doldrums...Trump Truth Social 07.07.25 12:18 PM EST pic.twitter.com/gmSmNtc1DJ — Fan Donald J....No evidence yet of the excesses typically seen at market tops....Our latest report breaks down the key thematics driving crypto’s macro narrative this summer and why...

Macro Thematics As May draws to a close and we navigate into the back half of 2025, the global macro...-China agreement to suspend and reduce tariffs for 90 days on May 12th (lowering U.S. tariffs to 30%...From May 12 to 15, scores consistently tested the threshold for Cautious Optimism, aligning with a move...

We spoke about this dynamic during the macro section of our recent Market Matters episode from January...Will macro worsen before it gets better?  ...I think the macro landscape will eventually become more conducive to risk assets with a better liquidity...  $36b worth of altcoins will be unlocked in the next 12 months $700m on average every week altcoin...

Much of the last few Market Musings have been focused on the shifting tides in macro land....For those who haven’t had a chance to read my updated thoughts on the shifting macro landscape, make...markets....The market structure shift we discussed in the previous editions of Market Musings has solidified with...

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...This supports growing sentiment favoring several rate cuts over the next 12 months....in crypto markets to continue....turned into a tale of two markets.

Hey Delphi Community, Join the Macro & Markets team tomorrow (6/11) from 12:30pm ET – 1:30PM ET for...our monthly stream, Market Matters!...With the FOMC scheduled for Wednesday, this week promises to be important for macro and crypto markets...Market Matters!

...how it started vs. how it’s going pic.twitter.com/3GoHvgitM9 — Proph3t (@metaproph3t) August 12, 2024...12-3pm EST....Kamala’s odds above Trump’s for a long enough period to profit during the 12-3pm window....despite the latter having the power of a token pic.twitter.com/AHO7rJC2aN — Sam (@swmartin19) August 12...

Source: Ostium execution data, Feb 10 - Mar 12, 2026 ​ Execution quality scales with the liquidity of...Ostium: The Gateway to Global Markets Delphi Consulting | 12 Ostium’s Fee Model Is Built for Simplicity...>50% Hourly funding rate Source: Hyperliquid fundingHistory API (2025-11-12 – 2026-03-19).

Apple At $179,680 Bitcoin flips NVIDEA pic.twitter.com/6Ls81CRVbK — Creeper (@DegenCreeper) November 12...Meanwhile, the US Treasury has to rollover nearly $10 trillion of debt over the next 12 months....— olaf (@zxocw) September 12, 2022 As Olaf eloquently puts it, crypto gyrates between ‘it’s all ponzi...Our Year Ahead for Markets - 2025 does just that.

Hey Delphi Community, Join the Macro & Markets team this Wednesday (7/17) from 11am ET – 12PM ET...for the next Market Matters!...The macro landscape remains tough, and is one of the most challenging environments we have seen....With markets chopping and calls for a bear markets rising, it’s time to dig in.

...of $652,000 invested buying every listing on analyzed CEXs from Jan 2025 onward. 12% 52% −82% H win...ban Melania siren brett 币安人生 toshi great turbo -TIES ETEE EITE I 202 12 GIGGLE (1wk) · MGG...ik Tki Delphi Consulting | 12 Every month, the token loses....Delphi Consulting | 23 Buybacks don't beat supply issues TRAILING 12 MONTHS · APR 2025 – MAR 2026...

...most notable year-over-year delta is in the growth in equity/token mixed rounds, rising from 3-6% to 8-12%...Pricing Dynamics Overall, pricing trended have trended toward down-rounds consistently over the past 12...Macro Environment and Higher Rates: US Treasury yields averaged 4.7%, weighing on risk appetites....companies within 12-18 months of IPO.

The US now has nearly $10 trillion of debt it has to refinance over the next 12 months....Over the next 12 months, there is an estimated $3bn+ in major token unlocks....unlock began on November 29, 2025, representing one of the largest single unlock risks over the next 12...

Hey Delphi Community,  Join the Macro & Markets team this Wednesday (4/17) from 11am ET – 12PM ET...for the next Market Monthly Webinar stream!...Hey Delphi Community,  Join the Macro & Markets team this Wednesday (4/17) from 11am ET – 12PM ET...

Join the Macro & Markets team this Thursday (2/15) from 11am ET – 12PM ET for our first webinar of...This month, we will be discussing any changes that might have occurred within our macro outlook, where...we see BTC and the broader crypto market in the wake of ETF approval, and much more.

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...Location data is an estimated $12B market....Their crowd is referred to as the “12th man,” referencing their tangible impact on the game.

Hey Delphi Community, The Macro & Markets team is back this Wednesday (8/21) from 12pm to 1pm EST...with the next installment of Market Matters....The crypto markets are teetering on a knife’s edge....Meanwhile, memecoins have reached new highs in capital extraction, exacerbating the already fragile market...of Market Matters.

Hey Delphi Community, Join the Macro & Markets team this Friday (5/17) from 11am ET – 12PM ET for...the next Market Monthly Webinar stream!...Last month, crypto markets were in a rough spot....Where do markets go from here? Are bulls out of the woods? Don’t miss this month’s conversation!

Many researchers suggest borrowing a page from the playbook of sportsbooks to give users the taste of...A sportsbook like FanDuel or DraftKings can offer a 12-leg parlay at enormous odds because they operate...The platform has to now return back $120 but holds only $100 in reserves This is a deeply frustrating...Prediction markets make those incentives explicit.