September Analyst Call: Breaking Down the Summer Sell-Off
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08/07/2024 Data Debrief
USDC leads demand for regulated stablecoinsLast week Bitcoin dropped below $54K for the first time since February as Mt Gox started repayments to creditors. In other news, stablecoin issuer Circle became MiCA-compliant and the German government has been selling BTC.
Written by The Kaiko Research Team -
01/07/2024 Data Debrief
SOL ETF news falls flat on marketLast week, the US Securities and Exchange Commission sued Ethereum developer Consensys. The regulator alleges that MetaMask is an unregistered securities broker. Meanwhile, State Street is getting into crypto structured products. This week, we’ll be exploring:
Written by The Kaiko Research Team -
24/06/2024 Data Debrief
Bybit's push for dominanceBitcoin continued its downward trend last week, falling below $64K for the first time since mid-May. In other news, the SEC dropped its investigation into Ethereum 2.0 and Consensys, Tether launched a new synthetic dollar backed by gold, and the layer 2 blockchain ZKSync airdropped its ZK token.
Written by The Kaiko Research Team -
17/06/2024 Data Debrief
Bitcoin’s dwindling volatility signals maturityUS inflation data buoyed markets last week before the Fed’s latest dot plot gave traders a reality check. Elsewhere, ZKsync is set to airdrop 3.6 million tokens this week and ProShares joined the ETH ETF race after sitting out of the BTC launch. This week we will explore:
Written by The Kaiko Research Team -
10/06/2024 Data Debrief
What MiCA means for Euro stablecoinsBitcoin flirted with $72K before losing most of its gains after strong US jobs numbers cast doubt over rate cuts. In other news, the ECB made history, cutting rates before the US Fed, Robinhood acquired Bitstamp in a $200mn cash deal and Paxos launched a yield bearing stablecoin. This week we explore:
Written by The Kaiko Research Team -
03/06/2024 Data Debrief
Bitcoin's supply overhang lingersAlthough we’re still waiting for a spot ETH ETF launch date, a leveraged ETH ETF is set to debut on Tuesday. Elsewhere, US President Joe Biden vetoed the resolution to overturn the SAB 121 over the weekend, as expected. This week we explore:
Written by The Kaiko Research Team -
27/05/2024 Data Debrief
Is ETH headed for a bull run?In a surprising turnaround, the SEC approved the first spot ETH ETFs last week, triggering more than 25% in gains for the second largest crypto asset. The positive regulatory news came in abundance: the US House passedits first comprehensive crypto bill and the UK approved crypto exchange-traded products.
Written by The Kaiko Research Team -
20/05/2024 Data Debrief
Clock Ticks Down on ETH ETFsCrypto and equity markets are surging following a reassuring inflation report. In other news, CME is reportedly planning to launch crypto trading, the Senate voted to kill a controversial crypto accounting policy, and 400+ financial institutions have invested in Blackrock’s BTC ETF.
Written by The Kaiko Research Team