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“Higher for longer” Continues to be Headwind for Bitcoin and Cryptoassets
“Higher for longer” continues to be headwind for Bitcoin and Cryptoassets DDA Crypto Market Pulse, September 25, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, crypto assets were under pressure as the Fed delivered a hawkish pause. Despite no increase in the Fed Funds Rate, Jay Powell’s…
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Crypto Assets Reverse Sharply Amid Strong Fundamentals Outperforming Traditional Assets
Crypto Assets Reverse Sharply Amid Strong Fundamentals Outperforming Traditional Assets DDA Crypto Market Pulse, September 18, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, crypto assets rebounded from oversold levels, outperforming traditional assets in the process. The top 10 crypto assets also outperformed commodities as global bonds…
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Bearish Sentiment in Crypto Assets still Lingers Casting a Shadow Over the ETF Euphoria
Bearish Sentiment in Crypto Assets still Lingers Casting a Shadow Over the ETF Euphoria DDA Crypto Market Pulse, September 11, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, crypto assets posted another weak performance amid the anticipated liquidation of FTX’s crypto asset holdings. More specifically, the bankrupt…
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DDA Crypto Select 10 ETP – Rebalance Recap
Key Takeaways The DDA Crypto Select 10 ETP went through its first rebalancing since DDA incepted and listed the product on Deutsche Börse Xetra on 22 June 2023. The index provider MarketVector released its quarterly review of digital assets indices on 28 August 2023, including the MarketVector Digital Assets Max 10 VWAP Close Index (“MVDAMV”),…
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Whales on the Move: Examining Bitcoin’s Significant Exchange Inflows and US Bitcoin Spot ETF Effect
Whales on the Move: Examining Bitcoin’s Significant Exchange Inflows and US Bitcoin Spot ETF Effect DDA Crypto Market Pulse, September 04, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoassets posted a weak performance due to increasing selling pressure following the positive news relating to a potential…
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DDA Crypto Espresso – PayPal is Entering the Crypto World; Issues USD Stablecoin “PYUSD” on Ethereum
PayPal is Entering the Crypto World; Issues USD Stablecoin “PYUSD” on Ethereumby Dominik Poiger, Chief Product Officer, DDA On 7 August 2023, PayPal announced the launch of a fully backed, regulated stablecoin labeled PYUSD, a stablecoin that is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed 1:1…
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Bitcoin’s Volatility Hits Yearly Low, Cryptoassets Post a Weak Performance Amidst Wider Capital Markets’ Risk-Off Sentiment
Bitcoin’s Volatility Hits Yearly Low, Cryptoassets Post a Weak Performance Amidst Wider Capital Markets’ Risk-Off Sentiment DDA Crypto Market Pulse, August 07, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoassets posted a weak performance consistent with a general risk-off sentiment in the wider capital market due…
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Crypto Market Intelligence – August 2023
Crypto Market Intelligence August 2023 by André Dragosch, Head of Research Key Takeaways Chart of the month Cryptoasset Performance Cryptoassets overall posted a positive performance in July but with large performance divergences within the market. On the one hand, it appears as if Bitcoin and Ethereum took a breather after the Blackrock-ETF induced euphoria in June…
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Cryptoassets underperform while global equities rally despite rate hikes; Bitcoin whales in action
Cryptoassets underperform while global equities rally despite rate hikes; Bitcoin whales in action DDA Crypto Market Pulse, July 31, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoassets underperformed due to some coin-specific factors including the latest exploit of the DeFi exchange Curve that led to an…
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Low Transfer Volumes During ‘Holiday Season’ Impact Cryptoassets Performance, while Altcoins Outperform Bitcoin
Low Transfer Volumes During ‘Holiday Season’ Impact Cryptoassets Performance, while Altcoins Outperform Bitcoin DDA Crypto Market Pulse, July 24, 2023 by André Dragosch, Head of Research Key Takeaways Chart of the week Cryptoasset Performance Last week, cryptoassets underperformed traditional assets as the market looked for new catalysts after the XRP-induced rallye the week prior. The crypto…