In our October analyst call, we explored how to leverage implied volatility (IV) to assess market sentiment during stressful market periods and gave a market outlook heading into Q4.

In our September analyst call, we explored the state of crypto market liquidity and volatility following this summer’s market sell-off, and took a look at ETH’s price dynamics since the launch of the ETH ETF.

In our June analyst call, we explore the state of crypto ETFS and take a look at Euro stablecoin market structure, regional market trends, and Kaiko’s crypto exchange liquidity report.

The past few months in financial markets have been punctuated by short periods of volatility. In August, crypto prices plunged as traders grappled with shifting macroeconomic conditions around the globe. Despite the intermittent volatility and the typical lower volumes over the summer months, there were some bright spots. Altcoins gained traction towards the end of the quarter as liquidity conditions improved. Meanwhile, BTC ETFs’ trade volumes and inflows remained robust amid market uncertainty and large liquidations.

Despite its early adoption advantage, Japan’s crypto market faces unique challenges. This report explores regional crypto market trends and examines the historical factors that have influenced the development of Japan’s domestic exchanges and key players over time.

In 2021, El Salvador became the first country to adopt bitcoin as legal tender, cementing Latin America’s crypto-friendly reputation. In this report we will explore trends in trading activity across LATAM, looking into the leading exchanges, most popular crypto assets, and major developments for this region on the rise.