BOE faces challenge as yields skyrocket following disappointing jobs report
UK yields continue to sky rocket, as the two year yield hits its highest level since 2008
James Van Straten 1 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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James Van Straten 1 min read Latest insights
Macro
Markets anticipate rate hike ‘skip’ at FOMC meeting
The CPI report is due later today - forecasted yoy 4% rate is significantly below April's actual 4.9%.
Macro
US unemployment rate under 4% for longest stretch since 1970s
Unemployment rate has been below 4% for over fifteen months, according to Charles Schwab
Bitcoin
Should we fear a deflationary collapse in Bitcoin?
In a deflationary collapse a sell-off occurs that wipes out wipes out leverage first and panic sellers next.
Bitcoin
Bitcoin dominance continues its surge higher
The crypto market sold off over the weekend, but a few coins defied the sell-off, one being Bitcoin.
Macro
Equities pivot from crypto, metaverse to AI
Yearly performance sees the Nasdaq up 35%, S&P 500 up 12%.
Ethereum
Gas usage for stablecoins, NFTs on Ethereum continues decline
The rise of Bitcoin Inscriptions continues to eat into Ethereum's market share
Bitcoin
Realized losses outpace profits amid market turbulence after Binance, Coinbase lawsuits
Realized losses eclipse profits this week, amounting to $798M
Macro
Coinbase outlook downgraded from stable to negative – Moody’s
This rating outlook follows the SEC lawsuit that occurred on June 6.
Bitcoin
SEC lawsuits have hit crypto securities harder than crypto commodities
CryptoQuant data suggests crypto securities are at greater risk of losing market capitalization.
Bitcoin
Poolin sent over 5K Bitcoin to exchanges since May 30
The Poolin mining pool signals further distress as its BTC to exchanges count continues to climb.
Macro
Eurozone enters technical recession
Eurozone entered a technical recession in Q1 2023
Bitcoin
A big move is coming soon, according to Swissblock
The VIX and Bitcoin volatility index are at historical lows