Since then, the SPX is up about 40%, with BTC up about 160% over the same time period, further cementing...the notion that global liquidity is a fundamental driver of risk assets (something that long time readers...“Up only” and “up often” on any meaningful time horizon, there is no stopping this train....And it will certainly take time.

...enshrined DAS, lazybridging… It’s basically Ethereum’s five-year roadmap, but live today: Short block times...to $500M+ in potential annual revenue, these product lines could add 1.5x-2x upside over a 5-7 year horizon...But they failed at that time.  The goal isn’t to replace ETH, or maybe it is, who knows.

It’s about time....📊 Coinbase Share Price Hits an All-Time Low Coinbase share price has reached an all-time low of...Nevertheless, the exchange has continued to hit all-time lows, currently trading at a market cap below...now and preparing it for the next cycle which begs the question of what one should do during these times...

📊 GMX Outperforms As It Approaches An All-Time High Despite bearish market conditions, GMX has...Currently, GMX is just 8% away from an all-time high. ...The token is approaching an all-time high for the third time in the last year.

...turns, BTC and the rest of the crypto market will be one of the biggest beneficiaries as we’ve seen in times...the crypto market higher, breaking out of a multi-month consolidation as it eyes $60k for the first time...Zooming out, it’s interesting that BTC’s prior peaks tended to occur around the same time Chinese tech...

Many people were not verified in time, or had to repeat the verification process, and ended up missing...prompted further concerns about the tokens remaining locked up on the platform for an extended period of time...

“We found that accepting crypto delivers higher average order values, often 2–2.5 times higher....In time, we may well see the granularity of qualification criteria for stream interaction and engagement...a fascinating opportunity to stimulate engagement and game the Twitch rankings to bootstrap eyeball time...

new ATHs for Money Market Funds every month. the outflow from this to chase higher returns will be g...

One thing I’ve been watching closely is the Fed’s overnight reverse repo (ON RRP) program. Some of you have seen me flag this before, but it’s worth highlighting again because the pattern has been su...

Market Musings, a weekly publication designed to keep our readers informed about the most important and timely...Time Heals All Wounds A year ago, Jerome Powell  took the stage at the annual Jackson Hole Summit and...Given the Fed’s dual mandate, Powell concluded:: The time has come for policy to adjust. – Jerome Powell...

Join Can Gurel as he hosts Harry Dewhirst, co-founder and CEO of 375ai, to discuss their ambitious real-world application of DePIN. Learn how they’re building a decentralized network of sensors to cap...

Market Musings, a weekly publication designed to keep our readers informed about the most important and timely...July was an important reminder that a lot can change in a short amount of time....horizon....With markets chopping and calls for a bear markets rising, it’s time for a macro deep dive.

...markets in traditional finance, evidenced by year-over-year increases in deal activity, reduced closure times...the past 12 months. 64% of H1 2025 deals came in below previous valuations, a 10% increase from this time...(6-24 months) and attracting tactical buyers with shorter horizons....horizons, and risk appetite.

At the same time, Bitcoin and commodities have little correlation at .05....deepening negative correlation to the traditional banking and financial sector could signal, for the first time...It is still far too early to confidently declare Bitcoin a safe-haven asset in times of crisis.

There is volatility on the horizon and a slew of potential catalysts.

What trends have emerged in this time? How is it affecting Bitcoin’s chain?...For the first time in a while, there is a significant demand for Bitcoin’s blockspace thanks to BRC-20s...For the first time in a while, betting on a growing digital Bitcoin ecosystem could be attractive....Of course, the BRC-20 market can change at any time.

The benefit of having a long time horizon is that, in the grand scheme of things, this period of consolidation...As we have mentioned many times in the past, flows are king....However, as more time elapses, this selling influence wanes....Time will tell....In any event, ETH Denver is on the horizon, and with it comes potential opportunity.

...in the US Dollar Index (DXY) has pushed the currency benchmark into oversold territory for the first time...since early June, but that doesn’t mean a rapid reversal is on the horizon....Over the last 25 years, the DXY continued to decline 64% of the time in the 14 days following an oversold...since early June, but that doesn't mean a rapid reversal is on the horizon.

Market Musings, a weekly publication that aims to keep our readers up-to-date on the most important and timely...It is also important to remember that this period was the first time in over a month that ETFs had reported...BTC price, as bulls have propelled the orange coin back to within striking distance of another all time...

Market Musings, a weekly publication designed to keep our readers informed about the most important and timely...This is the first time in over two months that we’ve seen such consistent inflow levels....It’s no coincidence that BTC is trading just a few percentage points below its all-time highs, especially...