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Crypto Market Intelligence – May 2023
Crypto Market Intelligence May 2023 by André Dragosch, Head of Research Key Takeaways Chart of the month Cryptoasset Performance Cryptoassets posted a negative performance in May mainly due to the congestion of the Bitcoin network that had increased risk aversion among users and investors. Since the issue was more specific to Bitcoin, Ethereum managed to outperform…
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Debt Ceiling Relief Sparks Positive Momentum: Crypto Sentiment Index Rises while Institutional Buyers Stabilize Prices
Debt Ceiling Relief Sparks Positive Momentum: Crypto Sentiment Index Rises while Institutional Buyers Stabilize PricesDDA Crypto Market Pulse, May 30, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoasset prices were mostly trading sideways before the debt ceiling relief that seems to have served as a positive…
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DDA Crypto Espresso – Cryptoassets: There is no second best? The advantages and disadvantages of portfolio diversification
Cryptoassets: There is no second best? The advantages & disadvantages of portfolio diversificationby André Dragosch, Head of Research Key Takeaways There is no second best? Bitcoin maximalists, i.e. those who advocate investing in Bitcoin only, point to the fact that Bitcoin (BTC) has always been the most dominant asset by market capitalization since its inception in…
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Exploring the Shift: Altcoin Outperformance, Increase of Dispersion Index, and Tether’s Bitcoin Acquisition
Exploring the Shift: Altcoin Outperformance, Increase of Dispersion Index, and Tether’s Bitcoin AcquisitionDDA Crypto Market Pulse, May 22, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoasset performances were mostly trading to the downside although the degree of network congestion in the Bitcoin network continued to decline. At…
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Reversal in Bitcoin Network Congestion, Declining Sentiment Index, and the Cost-Basis of Short-Term Holders
Reversal in Bitcoin Network Congestion, Declining Sentiment Index, and the Cost-Basis of Short-Term HoldersDDA Crypto Market Pulse, May 15, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoasset performances were mainly weighed down by the congestion of the Bitcoin blockchain due to high usage of inscriptions for…
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Bitcoin Network Congestion and Binance Withdrawal Halts Put Pressure on Cryptoasset Prices as Transaction Fees Reach 2017 Highs
Bitcoin Network Congestion and Binance Withdrawal Halts Put Pressure on Cryptoasset Prices as Transaction Fees Reach 2017 HighsDDA Crypto Market Pulse, May 08, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoasset performances have mostly traded sideways and have just recently come under pressure due to increasing…
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Crypto Market Intelligence – April 2023
Crypto Market Intelligence April 2023 by André Dragosch, Head of Research Key Takeaways Chart of the month Cryptoasset Performance Cryptoassets posted another positive performance in April due to the successful Ethereum Shapella upgrade and ongoing high network activity for Bitcoin due to the inscription saga. Likewise, our own DDA products also reflect this positive performance development…
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DDA Crypto Espresso – Bitcoin Seasonality “Sell in May and go away?”
Bitcoin Seasonality “Sell in May and go away?”by André Dragosch, Head of Research Key Takeaways An old Wall Street proverb claims to “sell in May and go away” implying that the months following April have usually exhibited below-average returns for equities. There is also an extensive body of academic literature that suggests that seasonality can play…
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Breather for Cryptoasset Prices: On-Chain Metrics Reveal Some Profit-Taking by Long-Term Holders
Breather for Cryptoasset Prices: On-Chain Metrics Reveal Some Profit-Taking by Long-Term HoldersDDA Crypto Market Pulse, April 25, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week’s cryptoasset performances were mostly weighed down by some profit-taking by long-term holders after major cryptoassets like Bitcoin had already advanced more than…
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DDA Crypto Market Pulse – April 17, 2023
DDA Crypto Market Pulse, April 17, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week’s cryptoasset performances were propped up by both positive on-chain and macro factors. On the one hand, weaker than expected US inflation data and higher unemployment claims led to a further pricing out of…