Now Available: Q2 2024 Crypto Market Report
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Insights.
Our Data Debrief and Deep Dive insights are published twice a week and you can subscribe to them here.
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CEX
25/07/2024 Deep Dive
What's Behind Turkey's Booming Crypto Market?Welcome to the Deep Dive! This week, we take a closer look at the rapidly growing Turkish crypto market. We’ll focus on the exchange landscape and evolving crypto regulation in Turkey.
Ethereum
22/07/2024 Data Debrief
Will the launch of spot ETH ETF be sell the news event?BTC surged above $67K following a massive global IT outage, Joe Biden ended his reelection bid on Su...
Written by The Kaiko Research TeamETF
19/07/2024 Deep Dive
BTC ETF 의 현물 시장 영향이번 주 리포트에서는 비트코인(BTC) ETF가 현물 BTC 시장 구조에 미친 영향을 분석하겠습니다. 특히 거래 활동과 유동성 측면에서 BTC ETF가 어떤 변화를 야기했는지 확인...
Written by Adam Morgan McCarthy
Ethereum
20/11/2023 Data Debrief
DeFi Activity is Picking UpBitcoin was range-bound last week despite a market-wide rally on the back of weaker-than-expected inflation data. In other news, OpenAI fired its CEO Sam Altman, the SEC expectedly delayed a decision on three spot ETFs and the Philippines sold $270mn tokenized treasury bonds.
Written by The Kaiko Research TeamDerivatives
16/11/2023 Deep Dive
Margins and Liquidations: Why Pricing Methodologies MatterAs markets rally and demand for leverage increases, high-quality price data is more important than ever. Today, we explore why pricing methodologies can have a big impact on derivatives markets.
Written by The Kaiko Research TeamEthereum
13/11/2023 Data Debrief
ETH Joins the Crypto RallyETH closed the week above $2k, outperforming BTC after BlackRock filed for a spot ETH ETF. In other news, the CME Group overtook Binance as the largest BTC futures market by open interest, Poloniex suffered a $114mn hack, and JP Morgan launched programmable payments.
Written by The Kaiko Research TeamBitcoin
09/11/2023 Deep Dive
Surveillance Sharing and Manipulation: Is a Spot ETF Imminent?The SEC has cited a lack of surveillance sharing and the potential for manipulation as reasons for rejecting previous spot bitcoin ETF applications. Are new surveillance sharing agreements with Coinbase enough?
Written by Riyad CareySolana
06/11/2023 Data Debrief
Solana in the LimelightBTC traded above $35k this morning after remaining rangebound for much of the past two weeks. Meanwhile, PayPal faces a subpoena from the SEC over its new stablecoin, SBF was found guilty on all seven criminal fraud counts, and the new Celestia blockchain is off to a slow start.
Written by The Kaiko Research TeamBitcoin
30/10/2023 Data Debrief
Breaking Down Bitcoin's RallyBitcoin is still trading at 16-month highs on the back of ETF speculation, diverging sharply from equity markets. Last week, SBF took the stand in an unusual turn of events while the FTX estate began evaluating offers to restart the exchange.
Written by The Kaiko Research TeamAsia
26/10/2023 Deep Dive
Exploring the Korean Crypto MarketThis week we explore the South Korean crypto market and the rise of Upbit, one of the largest crypto exchanges in the world for altcoin trading.
Written by Riyad CareyAsia
26/10/2023 Deep Dive
한국 암호화폐 시장 리서치This week we explore the South Korean crypto market and the rise of Upbit, one of the largest crypto exchanges in the world for altcoin trading.
Written by Riyad CareyBitcoin
23/10/2023 Data Debrief
The Impact of a RumourBTC is trading above $30k for the first time since August. Last week, a lot happened on the legal front: The SEC decided not to appeal the Grayscale decision and dropped its lawsuit against Ripple executives while the state of New York sued DCG and Gemini. Otherwise, Coinbase listed perpetual futures and Binance re-gained Euro access.
Written by The Kaiko Research TeamLiquidity
19/10/2023 Deep Dive
Understanding Centralized Exchange Liquidity DataThis week we take a step back to explain some fundamental concepts around Kaiko’s liquidity data.
Written by Riyad CareyLiquidity
16/10/2023 Data Debrief
Ethereum Reaches Staking EquilibriumWelcome to the Data Debrief! BTC recovered from two-week lows early Monday, closing the week flat ahead of the third week of SBF’s trial. Last week, star witness Caroline Ellison took the stand, providing new details into how Alameda Research used FTX customer funds. This week, we explore:
Written by The Kaiko Research TeamCEX
12/10/2023 Deep Dive
What's Happening at Huobi?Detailing unusual activity on HTX, beginning by exploring the exchange’s relationship with Poloniex, then moving to trading volumes, its USDT-USDC pair, and transactions with Binance.
Written by Riyad CareyEthereum
09/10/2023 Data Debrief
Why is ETH underperforming BTC?Bitcoin briefly hit a 2-month high over the weekend, crossing $28k amid a volatile macro news cycle and turmoil in the middle east. Meanwhile, week two of the SBF trial begins today, Visa tapped Solana for USDC settlement, a Swiss startup issued a tokenised security on Coinbase’s Base network, and six new ETH ETFs received a lukewarm reception. This week, we explore:
Written by The Kaiko Research TeamLiquidity
05/10/2023 Deep Dive
Breaking Down Q3's Top 5 TrendsIt was a pretty quiet summer in crypto markets, with low trade volumes and even lower volatility. Yet, there were plenty of big events that kept the industry chattering. This week, we present our top five trends of Q3.
Written by The Kaiko Research TeamFTX
02/10/2023 Data Debrief
Looking Back on FTX's ImpactBitcoin started Q4 on a positive note, hitting multi-month highs this morning after closing September in the green for the first time since 2016.
Written by The Kaiko Research TeamLiquidity
28/09/2023 Deep Dive
Q3 Token Liquidity RankingsWe’re back with another edition of Kaiko Research’s quarterly liquidity ranking, this time enhanced with more metrics and expanded to the top 40 tokens. As mentioned in previous rankings, it’s our contention that market capitalization is a flawed metric, and a ranking of liquidity is more representative of a token’s true value. Let’s see how the tokens fared this quarter before breaking down the components that went into the ranking.
Written by Riyad Carey
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