State of the Market

The liquidation cascade has swelled into a tsunami as crypto firms nervously eye even their most credible counterparties. As the full extent of the Three Arrows Capital insolvency continues to unfurl, the fund’s creditors have scrambled to secure financing, providing [...]

The crypto rumor mill is churning with accusations of insolvency as leverage begins to unwind across the ecosystem. Second-order effects of the TerraUSD collapse are quickly setting in, with notable crypto lender Celsius Network on the brink of foreclosure after [...]

Hawkishness is back in vogue as central banks nix stimulus in an effort to curb decades-high inflation. On the heels of rate hikes from Australia, Canada, and the U.S., the European Central Bank has joined the tightening team, confirming they'd [...]

Crypto markets are struggling to regain composure as Bitcoin staggers around the $30K level. This week was characterized by more chop, with the correlation between cryptoassets and traditional finance on a slight retreat as the two sectors oscillate between risk-on [...]

Though the crypto slump has reached a state of strained stasis, investors remain wary of the market's downward momentum. For the first time in its history, Bitcoin has formed 8 consecutive red weekly candles, with a 9th negative close quickly [...]

Terra troubles continue to dominate headlines as crypto investors reluctantly recalibrate their risk management techniques. Following a failed campaign to prop up the TerraUSD stablecoin, the circulating supply of LUNA has ballooned exponentially, skyrocketing 1,000,000% to nearly 7 trillion coins [...]

All eyes are on LUNA as the Terra ecosystem implodes in what many pundits are dubbing crypto's 'Lehman Brothers' moment. After TerraUSD's brief reign as the 3rd-largest stablecoin, UST's peg to the dollar has unraveled, plummeting as low as $0.30 [...]

Institutions appear irritated as the cryptocurrency industry continues to encroach on traditional financial moats. On Wednesday, the IMF declared doubts about the Central African Republic's recent adoption of Bitcoin as legal tender, outlining "large risks" to the nation's "financial stability, [...]

Despite the humdrum price action, this week brought about a barrage of major crypto industry developments. On Tuesday, Fidelity Investments announced an innovative new 401(k) plan (dubbed a "Digital Asset Account") that would allow eligible individuals to allocate a portion [...]

With spot volumes slipping and volatility continuing to crater, crypto markets have remained relatively muted, extending Bitcoin's trend of consolidation at the $40K level. The conflict in Eastern Europe looms large, with increasingly aggressive Russian forces "claiming victory" over Ukraine's [...]