Newsletter The Week On-chain (Week 37, 2021) We assess the market response of Bitcoin traders and investors following a week of volatility lead by derivatives markets.
DeFi DeFi Uncovered: DeFi Valuations Dislocate As a predominantly leverage driven correction hits the market, we continue to see expansion in DeFi protocol usage, whilst token valuations struggle to keep pace.
Newsletter The Week On-chain (Week 36, 2021) The Bitcoin market shows continued strength, as on-chain volumes indicate a growing dominance, and stickiness of institutional transaction sizes and capital inflows.
DeFi DeFi Uncovered: What's Next for DeFi? NFTs continue to command an impressive lead in Ethereum ecosystem attention. We explore whether this attention is leaking back into the DeFi sector.
Newsletter The Week On-chain (Week 35, 2021) An on-chain divergence has developed between price, on-chain activity and supply dynamics, creating a market structure similar to an early bull impulse.
DeFi DeFi Uncovered: Hints of a Multichain Future Interest in alternative smart contract chains hits a new stride in the past weeks, as the prices of Avalanche, Solana and Terra explode higher.
Newsletter The Week On-chain (Week 34, 2021) Bitcoin has continued to rally to new multi-month highs despite an uptick in distribution, spending by older coins, and a divergence in on-chain activity.
DeFi DeFi Uncovered: The Battle for Attention DeFi flirts with renewed growth as NFTs lead capital back into the Ethereum ecosystem.
Newsletter The Week On-chain (Week 33, 2021) The Bitcoin market powers higher, supported by a growing body of evidence on-chain that a bullish disbelief rally is in effect.
Newsletter The Week On-chain (Week 32, 2021) The market rallies higher as indications of a Bitcoin on-chain supply squeeze take shape, and Ethereum successfully rolls out EIP1559.
DeFi NFTs and Gaming Lead the ETH Rally We map out the basics of the NFT space, and assess the volume and demand metrics describing its meteoric growth.
Newsletter The Week On-chain (Week 31, 2021) As the Bitcoin market rallies over $42k, we analyse the spending and accumulation behaviour of entities on-chain.
DeFi DeFi Uncovered: Exploring the Sushi Ecosystem As the DeFi market continues to demonstrate a risk off appetite, we embark on a deep dive assessment of the fundamentals and performance of the Sushi project.
Newsletter The Week On-chain (Week 30, 2021) The Bitcoin market has experienced a strong rally off the back of a short squeeze returning many coin holders to profitability.
DeFi DeFi Uncovered: Adjusting to the New Normal As DeFi continues its downward move, we present a short-term bearish but medium-term bullish case.
Newsletter The Week on-chain (Week 29, 2021) As the probability for high Bitcoin market volatility increases, we analyse the Bull and Bear cases using market and on-chain metrics.
DeFi DeFi Uncovered: Finding Alternative Sources of Yield As crypto continues its sideways walk, finding alternative sources of yield become attractive in an environment of depressed rates.
Newsletter The Week On-chain (Week 28, 2021) The Bitcoin market squeezes into a tight trading range and we assess a range of market indicators for sentiment and volatility triggers.
DeFi DeFi Uncovered: DeFi Showing Signs of Life Governance tokens rebound as pockets of DeFi show resilience.
Newsletter The Week On-chain (Week 27, 2021) The Great Hash-power Migration is underway as an estimated 50% of Bitcoin miners are offline and on the move. We assess the magnitude of this event observed in the on-chain data.
DeFi DeFi Uncovered: Experiments in Money and Value DeFi's reliance on USD presents a tangled web of risk. Is DeFi on a path to create something better/new, or is DeFi destined to be an incremental improvement to legacy finance?
Newsletter The Week On-chain (Week 26, 2021) The Bitcoin market continues to fight for support as mining sell pressure increases, institutional demand remains slow, and a second capitulation occurs.
DeFi DeFi Uncovered: Activity on DeFi Stalls Despite activity on Ethereum DeFi stalling, protocol liquidity and product releases continue to drive the ecosystem forward.
Newsletter The Week On-chain (Week 25, 2021) On-chain activity has fallen back to levels not seen in twelve months, just as a seismic shift in Bitcoin hash-rate commences in China.
