Reports

Bitcoin realized its first down month of the year, while ETH was flat in May. We review the drivers and provide updates on government policy, the tokenized treasuries market, the diverging regulatory environment, the Ledger seed phrase controversy, and Ethereum’s finality delays.

With crypto derivatives comprising a record ~79% share of crypto trading volume globally, we provide an overview of common derivatives and their use cases.

Bitcoin delivered its fourth consecutive month of positive returns, increasing 3% after entering April at ~$28,500 and finishing at ~$29,300.

Ethereum’s Shapella (Shanghai + Capella) upgrade is scheduled to activate on mainnet on April 12th, enabling validators to withdraw staked ETH positions for the first time since the Beacon Chain’s launch in December 2020.

Following flattish price action in February, Bitcoin resumed its upward trend in March, rising ~23% after entering the month at ~$23,150 and finishing at ~$28,500.

Bitcoin is a revolutionary digital asset, disrupting the traditional financial system and capturing the attention of investors worldwide.

Despite significant price movements throughout the month, bitcoin ended February almost precisely where it began at ~$23,150, eking out a minuscule 0.03% gain.

Bitcoin reversed its recent weakness in January, rising ~40% after entering the month around $16,500 and finishing at $23,100. It was an up-and-to-the-right type of month, barring a few exceptions.

With rampant frauds and hacks, a precipitous fall in prices, and a general loss of trust and faith, we reassess our views on crypto. We analyze recent price action and ponder various blockchain/crypto analyses to see what the technology may become.

Bitcoin continued in its trend downwards in December, falling ~4% after entering the month around $17,200 and finishing at $16,500. Ethereum fared worse than bitcoin, falling ~8% during the month after entering at ~$1,300 and finishing around ~$1,200.