Reports

FTX collapsed, producing many knock-on effects and causing the total crypto market cap to fall 15% during November.  We review what happened at FTX and the companies caught in its wake, examine the latest announcement from Flashbots, and look for macro greenshoots in this month’s Crypto Commentary.

With The Merge successfully behind us, we expect many Ethereum users to begin participating in consensus by staking ETH for the first time. This report provides a practical guide to Ethereum staking, analyzing the tradeoffs between available approaches and providers.

Bitcoin increased 5% in October and reversed its two-month downtrend after entering the month around $19,400 and finishing near $20,500.

After years of research and development, Ethereum recently completed its final testnet Merge and confirmed the details of its transition to proof-of-stake, which is expected to occur around September 15th.

Bitcoin was largely range-bound in September, falling about 3% after entering the month at ~$20,000 and ending around $19,400. Bitcoin moved higher towards the beginning of the month until a worse-than-expected U.S. CPI print on September 13th.

Bitcoin reversed its strong July performance and fell 14% in August, after entering the month at ~$23,300 and ending around $20,000.

Bitcoin reversed its three-month downtrend, gaining ~18% during the month after entering around $19,800 and finishing near $23,300. While the macro backdrop continued to be challenging with rising inflation and negative growth in many jurisdictions, risk assets generally performed well.

The rise of cryptoassets and the institutionalization of the ecosystem has caused investors to debate whether crypto is a new asset class. This report dives into crypto’s development and evolution, evaluates the impact a crypto allocation could have on a traditional investment portfolio, and

Bitcoin’s three-month downtrend accelerated in June, with bitcoin falling ~38% during the month after entering around $31,800 and finishing near $19,800. The majority of losses came during the middle of the month and were due to several reasons.

Bitcoin continued in its trend downwards in May, falling ~16% after entering the month around $37,700 and finishing at $31,800. The majority of losses came during the first third of the month as bitcoin fell for several reasons.