• Bitcoin

    03/07/2023 Data Debrief

    Lowest quarterly volume since 2020

    Crypto markets closed the quarter on a positive note despite trade volumes remaining at historical lows. Last week MicroStrategy confirmed that it  bought 12.3k BTC throughout Q2, Coinbase was named as the surveillance partner for Fidelity and other BTC spot ETFs.

  • Bitcoin

    26/06/2023 Data Debrief

    What's Driving Bitcoin's Rally?

    Crypto markets are booming following a wave of ETF applications in the U.S., a welcome bullish catalyst in a much-battered region.

  • Tether

    19/06/2023 Data Debrief

    The Data Behind Tether's Depeg

    Crypto markets made slight gains this week after the Fed decided to pause interest rate increases, a bullish signal for risk assets, and Blackrock filed for a spot bitcoin ETF, a surprise move amid a tough U.S. regulatory environment.

  • CEX

    12/06/2023 Data Debrief

    Market Makers Flee Binance.US

    What a week. Binance and Coinbase were each hit with major lawsuits by the SEC, causing heavy volatility and an altcoin sell-off. In other news, Tether invested in a BTC mining company, the Arbitrum network stopped for one hour, and Australia’s largest bank will limit crypto transactions.

  • Privacy

    05/06/2023 Data Debrief

    The Fraught Future of Privacy Tokens

    Bitcoin whipsawed over the past week, closing lower on Sunday after a mixed U.S. jobs report. In industry news, Binance appointed a possible CZ successor as regional director, Celsius has deposited $745 million of ETH into staking contracts since June 1, and Coinbase’s derivatives exchange will offer new BTC and ETH futures this week.

  • Ethereum

    29/05/2023 Data Debrief

    72% of ETH liquidity is concentrated on 5 exchanges

    Bitcoin gained some ground early on Monday as U.S. lawmakers reached a debt ceiling deal in principle. Hong Kong confirmed it will allow retail traders to trade certain crypto assets starting June while the Digital Currency Group (DCG) closed its trade execution and prime brokerage units, citing bear market and regulatory uncertainty.

  • Tether

    22/05/2023 Data Debrief

    Why is Tether's market cap approaching all time highs?

    Bitcoin lost some ground this week, down about 2%, as crypto trade volumes slipped to yearly lows. In other industry news, Digital Currency Group missed a $630 million payment owed to crypto exchange Gemini last week, the SEC responded to Coinbase’s lawsuit and Tether announced it would start buying BTC with 15% of its excess profits. In this week’s Debrief we explore:

  • Binance

    15/05/2023 Data Debrief

    Market Makers Continue to Reduce Liquidity

    BTC and ETH erased most gains as the Dollar made a strong comeback. In industry news, the Ethereum network suffered technical issues, U.S.-based Bakkt de-listed 25 tokens under regulatory pressure, and Binance.US is reportedly trying to cut CZ’s dominant stake in the exchange.