News with the tag "APE-USD"

Summary Bitcoin outperformed major crypto tokens and asset classes in October, with its dominance reaching new highs above 60%, driven by significant ETP inflows. Ethereum's ETH/BTC ratio hit new lows, sparking internal debates on its future direction, focusing on scaling through L2s and maximizing ...

Summary VanEck predicts that the U.S. will experience a recession in the first half of 2024, but this will coincide with the launch of the first spot Bitcoin ETFs. The 4th Bitcoin halving in April 2024 will occur without major drama, and Bitcoin will rise above $48,000 after a brief consolidation pe...

Summary Bitcoin outperformed the S&P 500 in November, reaching an 18-month high, driven by investor interest and the potential approval of US Bitcoin ETFs. Ethereum experienced significant growth, surpassing Bitcoin's increase for the first time since July. Other notable performers in the cryptocurr...

Summary Bitcoin surged 28% in October, outperforming the Nasdaq for the second month in a row, driven by increased flows into Bitcoin ETNs and ETFs. Demand for on-chain leverage remained muted, with DeFi TVL growth keeping pace with the rise in ETH prices. Bitcoin's performance is gaining attention ...

Summary Digital assets’ trading volumes & volatility made 2-year and all-time lows, respectively, in August as investor interest dwindled amidst the lure of the beach and the US 10-year treasury bond, the yield on which reached its highest levels in 15 years. August was a typical month in the tempes...

Summary Bitcoin rose as other cryptos sectors' fell, influenced by a new legislation proposal, SEC lawsuits against exchanges, and BlackRock's Bitcoin ETF filing. We believe just 25 of the top 100 tokens could potentially be considered ‘sufficiently decentralized’ to avoid the disclosure requirement...

Summary There have been 16 centralized exchanges that have withdrawn from certain regions, half from the United States. Digital assets underperformed other risk assets in May as trading volumes slumped to a 2-year low, breadth narrowed, and leverage remained muted. Overall, the Metaverse & NFT marke...

Summary The bigger story in the month, in our opinion, was Ethereum’s “Shapella” hard fork which enabled full withdrawals from the Ethereum staking smart contract and created a long-term competitor to U.S. T-bills with an equivalent yield but a declining supply. Because Ethereum is not really a busi...