Insights
-
After US banks fail, contagion heads to European banks – banks halted on exchange
Quick Take Credit Suisse share price hits a record low — $1.96, a pre-market low of over 20%. The problem…
Read More » -
Credit Suisse sparks de-risking as EU, US equities markets sink – Bitcoin steady above $24,500
Quick Take European stocks and banks continue to head lower as news on Credit Suisse. Swiss National Bank says no…
Read More » -
Bitcoin proving to be an independent player in European market turmoil
Quick Take Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S. Bitcoin has a…
Read More » -
US PPI lower than expected across the board, Bitcoin touches $25k
Quick Take Bitcoin touched $25,000, while Gold broke $1,920 US PPI lower than expected across all measures PPI -0.1% M/M,…
Read More » -
Gold is pricing in global financial distress, while oil prices in recession
Quick Take During Friday’s session, when Bitcoin touched the low of $19,500 due to the fallout of SVB, further contagion…
Read More » -
ETH/BTC continues to break down, while almost $1B of Bitcoin flows back onto exchanges
Quick Take ETH/BTC continues to break down and heads to 6-month lows, currently at 0.067. While in the past three…
Read More » -
Less than $30B of stablecoins now sit on exchanges, wiping out all of 2022’s gains
Definition The total amount of coins held on exchange addresses. STBL is a virtual asset that aggregates the data of…
Read More » -
Bailout, bailout bailout! Further backstops and liquidity for Credit Suisse as all roads lead to Bitcoin
Quick Take Credit Suisse shares plunged 24%, and its bonds traded at distressed levels. Credit Suisse may have reached a…
Read More » -
Self-custody surge: 70K Bitcoin have been sent to self-custody since the collapse of SVB
Quick Take Self-custody of Bitcoin has continued to grow rapidly in the past week due to concerns in the banking…
Read More » -
ECB Rate hike verdict is 50bps, Bitcoin stands firm just below $25k
Quick Take The ECB raised the deposit facility rate by 50 bps to 3%. Before the collapse of SVB and…
Read More »