SOTM Jan 18-24, 2024
Welcome to our 156th issue of State of the Market, where we provide an overview of crypto market activity from January 18 - 24, 2024. This week in crypto markets: Bitwise becomes the first ETF issuer to disclose their on-chain Bitcoin address, [...]
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SOTM February 24-March 2, 2022
A week into Putin’s campaign to topple Ukraine, the West has begun wielding the blunt power of financial sanctions, forcing fractures in the global economy. The biggest blow was the U.S. decision to cut Russia’s central bank off from SWIFT, [...]
SOTM February 17-23, 2022
Financial markets are fighting an uphill battle as international tensions reach a fever pitch amid an unprecedented clash between Russia and Ukraine. After officially recognizing two separatist regions of Eastern Ukraine as independent states, Russia has launched a “special military [...]
SOTM February 10-16, 2022
The music hasn’t stopped, but one thing is certain— politicians have come to crash the crypto party. Ranking members of the Senate Foreign Relations Committee have advanced a bill to “mitigate any potential risk” of El Salvador’s adoption of Bitcoin [...]
SOTM February 3-9, 2022
After a few weeks stuck in reverse, crypto bulls are back in the driver’s seat, as BTC and ETH each blaze past key resistance levels at $40K and $3K. Russia continues to dominate the discourse, with local news outlets proclaiming [...]
SOTM January 27-February 2, 2022
The tug-of-war between Web3 and legacy tech rages on, with both sides racking up victories and setbacks in their battle for the soul of an increasingly online world. After a lackluster start to 2022, FAANG stocks are on the rebound, [...]
SOTM January 20-26, 2022
Crypto investors are coping with whiplash after a week characterized by sharp reversals in price and policy. With geopolitical tensions mounting in Europe and Asia and the Fed inching toward a seemingly inevitable rate hike, Bitcoin surrendered $40K support levels [...]
SOTM January 13-19, 2022
With rate hikes on the horizon and bond yields surging, global markets are bracing for yet another week of choppy price action. While U.S. central bankers maintain their newfound rhetoric of relative hawkishness, commodities like oil and coal are quietly [...]
SOTM January 6-12, 2022
The 2nd week of the year kicked off with red candles and red tape, as crypto continued to shed billions in market cap heading into a renewed round of Congressional commentary. On the heels of his recent renomination as Fed [...]
SOTM December 30, 2021 – January 5, 2022
For many investors, 2022 began not with a bang but a whimper, as crypto and traditional markets alike responded to skittish sentiment across a variety of macro concerns. Initially, U.S. equities kicked the year off with a strong start as [...]