Now Available: Q3 2024 Crypto Market Research Report
Insights.
Our Data Debrief and Deep Dive insights are published twice a week and you can subscribe to them here.
28/10/2024 Data Debrief
Staked ETH market tapers amid diversificationBitcoin’s price regained ground in the early hours of Monday after pulling back on Friday, following a WSJ report that U.S. regulators are investigating Tether, the issuer of the largest stablecoin. Meanwhile, Kraken announced pla...
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24/10/2024 Deep Dive
Crypto markets positioning ahead of the US electionThis week we’re peeling back the data on the upcoming US election. For the first time in 2024 digita...
Written by Adam Morgan McCarthy -
21/10/2024 Data Debrief
Why is ETH still lagging behind BTC?Bitcoin gained more than 5% last week despite Tesla moving $765 million of its BTC holdings to an un...
Written by The Kaiko Research Team
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27/11/2023 Data Debrief
Bitcoin Unbothered by Binance SettlementLast week the U.S. Justice Department’s investigation of Binance finally came to a close with the exchange agreeing to pay $4.3bn in penalties and its CEO Changpeng Zhao stepping down and pleading guilty. Additionally, the SEC charged Kraken for running an unregistered securities exchange.
Written by The Kaiko Research Team -
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 Team -
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 Team -
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 Team -
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 Carey -
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 Team -
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 Team -
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 Carey -
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 Carey -
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 Team -
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 Carey -
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 Team -
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 Carey -
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 Team -
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 Team -
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 Team