Reports267 results
Return of the Coins
Crypto Markets Take Center Stage The much-anticipated debate between ‘Uptober’ and ‘Octover’ came to a head in spectacular fashion. The […]...
27 Min
Financial Market Themes
Nov 2023
Through the Fire - Will the Rubber Meet the Road?
We’re getting closer to the point where the rubber will meet the road. We’ve written plenty on the bull case […]...
19 Min
Macro & Markets
Oct 2023
Coinbase: From Sleeping Giant To Industry Leader
A Certified OG Coinbase was founded on June 20th, 2012. That same day, the price of BTC hit $6.65. It […]...
45 Min
Financial Market Themes
Sep 2023
Ghosts of Cycles Past - The Early Innings of a New Cycle?
To outsiders, crypto may lack rhyme and rhythm. But spend enough time doomscrolling on CT, and you begin to notice a method to the madness. Crypto is just like every other asset — driven by the whims...
35 Min
Macro & Markets
Aug 2023
Pro Crypto Insider Talks - July 2023
In July's Crypto Insider Talks, Ash Bennington, Raoul Pal, and Kevin Kelly discuss key topics: Ripple ruling and its market implications, pending BTC ETFs, potential of Coinbase's $COIN in a bull mark...
1 Min
Layer 1 / L1
Jul 2023
Catalysts Stacking Up - Will Narratives Drive Fundamentals?
Narratives are meeting places for minds. They are how we make sense of our confusing, intimidating, and seemingly random world. Humans have been inventing narratives since at least the time of ancient...
44 Min
Macro & Markets
Jul 2023
Monthly Chartbook - AI Narrative Takes the Wheel
This month’s musing will be devoted to analyzing vibes. You might think, what’s the point of wasting time on, uh, “vibes?” Shouldn’t we focus on more important stuff like numbers, charts, and math? We...
30 Min
Global Macro Themes
Jun 2023
A Wild BART Appears
A BART is a charting pattern that is most often seen in the crypto markets. BART patterns are most frequently characterized by a sharp surge in the price of an asset, followed by a period of consolida...
10 Min
Financial Market Themes
Jun 2023
Pro Crypto Insider Talks - May 2023
Delphi Co-founder & Head of Research, Kevin Kelly and Head of Delphi Labs, Jose Maria Macedo join Founder & CEO of Real Vision, Raoul Pal, for May 2023's edition of Crypto Insiders where they...
53 Min
Layer 1 / L1
May 2023
The End Game
Imagine, for a moment, a world where crisis, conflict, and war run rampant. A world of failed institutions, corporate cynicism, and individual greed. A world where the past is brighter than the future...
38 Min
Macro & Markets
May 2023
Monthly Chartbook - A New Consensus?
How are we already one-third of the way through 2023? Well, as a wise man once said: “Time flies when the market is intent upon separating you from your capital.” – Jason Pagoulatos...
27 Min
Macro & Markets
May 2023
Pulse Check on Liquidity Trends
In early February, we wrote about the turnaround in the global liquidity cycle and its influence on the market’s strong start to the year. Since then, the broad crypto market is up ~14%, largely drive...
7 Min
Global Macro Themes
May 2023
Pro Crypto Insider Talks - April 2023
Delphi Co-founder & Head of Research, Kevin Kelly, joins Founder & CEO of Real Vision, Raoul Pal, for April 2023's edition of Crypto Insiders where they dig into the most pressing questions at...
1 Min
Macro & Markets
Apr 2023
Monthly Chartbook - Spring Crossroads
Despite the Fed’s best intentions, its messaging is muddled and its monetary policy is contradictory - a combination that’s having a significantly negative impact on the market and threatens to worsen...
26 Min
Macro & Markets
Apr 2023
Finding the Edge
Edge is a repeatable process in which a trader can expect to make money over time, net of costs and fees. In other words, edge can be thought of as a trading process with positive expected value. Expe...
24 Min
Financial Market Themes
Mar 2023
Market Note: DeFi's Resurgence?
Price action following the COVID crash saw DeFi outperform pretty much every asset. Since then, DeFi has generally not shown any meaningful strength against the rest of the crypto market. That is, unt...
11 Min
Macro & Markets
Mar 2023
Pro Crypto Insider Talks - March 2023
Raoul Pal, Kevin Kelly, and Ash Bennington engage in a comprehensive discussion on the current state of the crypto market, stablecoins, and the global economy....
2 Min
Macro & Markets
Mar 2023
Avoiding the Real Banking Iceberg
We’ve been saying for months that access to funding is the biggest risk to the crypto industry this year. Never has that been more relevant than right now given the events of the last few days....
38 Min
Global Macro Themes
Mar 2023
Monthly Chartbook - Wishful Thinking
Investors are people, and they, too, underestimate the likelihood (and duration) of bad things happening. So far, 2023 is shaping up to be a case study in this kind of wishful thinking....
19 Min
NFTs
Mar 2023
Pro Crypto Insider Talks - February 2023
In this month’s Pro Crypto Insider Talks, Delphi’s own Kevin Kelly and Ceteris join Raoul Pal, CEO of Real Vision, […]...
46 Min
Macro & Markets
Feb 2023