The path to $100k for Bitcoin
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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 -
13/05/2024 Data Debrief
Reality Bites for BTC MinersBoth BTC and ETH closed the week down despite a rally in European equities amid rate cuts hopes. In other industry news, Robinhood disclosed it received a wells notice from the SEC, Revolut launched a crypto exchange for experienced traders in the UK and BitMEX launched options trading to challenge Deribit.
Written by The Kaiko Research Team -
06/05/2024 Data Debrief
Is the ETF rally over?Bitcoin had a volatile week, dipping at one point below $57k before rebounding over the weekend as concerns eased over interest rates. In other news, restaking service Eigenlayer announced an airdrop, the former Binance CEO got a 4-month prison sentence, and Coinbase posted strong Q1 revenues.
Written by The Kaiko Research Team -
29/04/2024 Data Debrief
Tether Loses Market Share.Welcome to the Data Debrief! BTC closed the week in the red as stagflation fears mount in the US, trading early Monday just above $62k. In other news, Consensys sued the SEC, Venezuela chose USDT for oil payments to sidestep sanctions, and US authorities arrested co-founders of a crypto mixing service.
Written by The Kaiko Research Team -
22/04/2024 Data Debrief
Bitcoin Halving Is HereWelcome to the Data Debrief! The much-anticipated fourth Bitcoin halving went live on April 20. While BTC ended the week flat, transaction fees experienced strong volatility following the launch of Runes, a protocol for issuing fungible tokens on Bitcoin.
Written by The Kaiko Research Team -
15/04/2024 Data Debrief
Crypto Fee War Heats Up in South KoreaWelcome to the Data Debrief! Last week, BTC fell in tandem with risk assets amid escalating geopolitical tensions. However, it regained ground early on Monday after Hong Kong reportedly approved spot BTC and ETH ETFs. In other news, the U.S. SEC issued a Wells notice to Uniswap Labs, and MarginFi experienced over $200 million in outflows as its founder exited.
Written by The Kaiko Research Team -
08/04/2024 Data Debrief
All Eyes on the Bitcoin HalvingWelcome to the Data Debrief! BTC had a shaky start of the new quarter, closing last week flat before surging above $72k early Monday. In other news, DeFi protocol Ethena airdroped its ENA token, Ripple announced a stablecoin, and the Ethereum Foundation proposed to reduce ETH issuance.
Written by The Kaiko Research Team -
02/04/2024 Data Debrief
The Impact of the KuCoin ChargesBitcoin dropped 5% early Tuesday as the U.S. Dollar index climbed to four month highs. Meanwhile, SBF was sentenced to 25 years, three AI protocols announced plans to merge, and the London stock exchange decided to allow applications for crypto ETNs.
Written by The Kaiko Research Team