Category

Crypto

Mar 31
0

Daily Brief Crypto: CFTC V. Binance: The Data Behind the Suit and more

By | Crypto, Daily Briefs

In today’s briefing:

  • CFTC V. Binance: The Data Behind the Suit

CFTC V. Binance: The Data Behind the Suit

By Kaiko

  • Binance is the world’s largest crypto exchange by a huge margin.
  • It has achieved consistent growth since its founding in 2017, but its increasing dominance has been striking to watch since 2020, when it held around 25% of spot volume market share.
  • Its market share approached 50% at the tail end of the 2021 bull market before retreating and again expanding to peak over 70% this year. 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 28
0

Daily Brief Crypto: Athlete-Direct-to-Fan: The Future or FAD? and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Athlete-Direct-to-Fan: The Future or FAD?
  • Binance Volume Plummets After End of Zero-Fee Trading

Athlete-Direct-to-Fan: The Future or FAD?

By Sporting Crypto

  • The way fans interact with sports has changed an incredible amount over the past 20 years.
  • We’ve seen broadcasting, social media, streaming and such all impact the way fans consume the sports they love.
  • The future of fan engagement is always a hot topic because things are always changing, of course.

Binance Volume Plummets After End of Zero-Fee Trading

By Kaiko

  • On March 22, Binance halted its no-fee trading promotion for 13 BTC spot trading pairs, reversing a move that helped boost the exchange’s market share by more than 20% relative to its competitors.
  • The exchange also announced that it would be eliminating trading fees for the BTC-TUSD pair, which was mothballed in September and only recently re-listed.
  • It is unclear why Binance has chosen to promote its TUSD pair, although it appears the exchange has selected the stablecoin as a successor to BUSD, which is being phased out because of regulatory actions in the U.S. 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 24
0

Daily Brief Crypto: The State of Liquidity in Crypto Markets and more

By | Crypto, Daily Briefs

In today’s briefing:

  • The State of Liquidity in Crypto Markets

The State of Liquidity in Crypto Markets

By Kaiko

  • Crypto markets are at their most volatile when liquidity is low.
  • Prices have less support to both the downside and the upside, which could explain BTC’s rapid +17% surge since the start of the month.
  • Liquidity has also become a hot topic in traditional financial markets as the banking sector reels from several high-profile collapses.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 17
0

Daily Brief Crypto: USDC’s Depeg Or: How I Learned to Stop Worrying and Trust the Bots and more

By | Crypto, Daily Briefs

In today’s briefing:

  • USDC’s Depeg Or: How I Learned to Stop Worrying and Trust the Bots

USDC’s Depeg Or: How I Learned to Stop Worrying and Trust the Bots

By Kaiko

  • While the market seems to have shrugged it off, crypto – and DeFi in particular – survived an existential risk over the weekend.
  • USDC was caught up in the turmoil that hit U.S. banks and depegged amidst fears it was no longer fully backed.
  • We covered the reaction in centralized markets in the week’s Debrief, but given that USDC’s primary use case is in DeFi, this week we’ll examine how the depegging played out on-chain, examining trading, liquidity, and lending and borrowing, with a particular focus on the role that bots played.  

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 14
0

Daily Brief Crypto: The Aftermath: What Happened to USDC? and more

By | Crypto, Daily Briefs

In today’s briefing:

  • The Aftermath: What Happened to USDC?

The Aftermath: What Happened to USDC?

By Kaiko

  • In the hours following Sillicon Valley Bank’s collapse, news emerged that Circle, issuer of the USDC stablecoin, held $3.3bn of reserves in SVB, triggering panic that the stablecoin was no longer fully backed.
  • As of Sunday night, we know that Circle’s reserves are safe, but over the weekend both centralized and decentralized markets descended into chaos.
  • Today, we’ll walk you through what exactly happened.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 13
0

Daily Brief Crypto: The Unbundling of Blockchain Infrastructure and more

By | Crypto, Daily Briefs

In today’s briefing:

  • The Unbundling of Blockchain Infrastructure

The Unbundling of Blockchain Infrastructure

By Etherbridge

  • Opportunity in any market exists in anything that causes the perception of the investor to take on a new shape.
  • For many years, the Fat Protocol Thesis popularised by Placeholder VC has dominated the perception of the digital asset market.
  • But as the market and, more importantly, those who have come to use this new technology platform change, so too does the perception of where value will be captured.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 12
0

Daily Brief Crypto: Ocular: 2023 Thematic Outlook and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Ocular: 2023 Thematic Outlook

Ocular: 2023 Thematic Outlook

By Ocular

  • 2022 was a challenging year for web3. We witnessed the collapse of TerraLUNA, the fall of FTX, and several notable insolvencies including Three Arrows Capital, Voyager, Celsius and BlockFi.
  • These events deeply impacted the sector, with the crypto market losing over $2 trillion in market cap in 2022 and public perception of web3 turning sour.
  • Many suspect we have yet to feel the full magnitude of the contagion effect of these events, as they are still ongoing (e.g. the FTX trial), and we could reach new lows.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 10
0

Daily Brief Crypto: The Scramble for Silvergate Alternatives and more

By | Crypto, Daily Briefs

In today’s briefing:

  • The Scramble for Silvergate Alternatives

The Scramble for Silvergate Alternatives

By Kaiko

  • Crypto optimists have said for the last few months that the worst is behind us.
  • Just in the last year we’ve seen the collapse of crypto hedge funds, lenders and exchanges.
  • They say the bad actors have been removed from the space and there’s only good news from here

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 07
0

Daily Brief Crypto: Sporting Crypto – 6th March 2023: Is AR the New Meta? and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Sporting Crypto – 6th March 2023: Is AR the New Meta?
  • The Future of Fiat On-Ramps

Sporting Crypto – 6th March 2023: Is AR the New Meta?

By Sporting Crypto

  • Through my work and writing, I’ve been thinking more and more about an area that I’m not an expert in: gaming.
  • And when we combine the word ‘Gaming’ with ‘Web3’ — there is a buzz and sense of excitement from most.
  • Specifically, it’s all the rage when people talk about NFTs and the future of gaming.

The Future of Fiat On-Ramps

By Kaiko

  • Silvergate is in deep trouble. On March 1, the “crypto bank” revealed in a regulatory filing that it could soon be “less than well capitalized.”
  • The news prompted Coinbase, Paxos, Galaxy Digital and a host of other large crypto enterprises to drop Silvergate as a banking partner. Why does this matter? 
  • The “fiat problem” has long plagued crypto markets: to buy bitcoin, you at some point need to interact with the traditional banking system.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Mar 04
0

Daily Brief Crypto: When Bond Yields Exceed 4% and more

By | Crypto, Daily Briefs

In today’s briefing:

  • When Bond Yields Exceed 4%, UK Governments Fall

When Bond Yields Exceed 4%, UK Governments Fall

By Kaiko

  • In 2020 and 2021, investors opted for TIPS over conventional bonds, yet over the past year, they have moved the other way.
  • The TIPS ETF has fallen from $40bn of assets to $20bn, while the long bond ETF has doubled from $15bn to $30bn.
  • The loud and clear message from this shift is that investors are woefully unprepared for an inflation shock.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free