Data-Driven Analysis of Cryptocurrency Markets, Kaiko

Kaiko

Data-Driven Analysis of Cryptocurrency Markets

Kaiko is the leading cryptocurrency market data provider for institutional investors and enterprises. We empower market participants with accurate, transparent, and actionable financial data to be leveraged for a range of market activities. Kaiko’s mission is to be the foundation of the new digital finance economy by serving as a single source for market information. Our mission is premised on the idea that high-quality data drives market efficiency and greater transparency throughout the industry. For each of our enterprise clients, we build custom data plans designed for a range of use cases.

Crypto

<ul><li>Price Movements: Bullish sentiment has returned to crypto, with BTC up 20% over the past week.</li><li>Market Liquidity: Binance.US's market share relative to other U.S. exchanges climbed to 15%, a marked increase after dropping to 6% post-FTX.  </li><li>Derivatives: BTC open interest fell sharply after a short squeeze caused millions in liquidations.</li></ul>

Price Movements: Bullish sentiment has returned to crypto, with BTC up 20% over the past week.Market Liquidity: Binance.US's market share relative to other U.S. exchanges climbed to 15%, a marked increase after dropping to 6% post-FTX.  Derivatives: BTC open interest fell sharply after a short squeeze caused millions in liquidations.

<ul><li>As a proof of stake network, Ethereum rewards stakers with block rewards and user fees.</li><li>However, the 32 ETH minimum required to stake your ETH directly on the network prohibits the vast majority of users from doing so. Enter liquid staking derivatives, or LSDs.</li><li>LSDs refer to the tokens created by DeFi protocols or centralized services designed to reward users who stake ETH on their platform.</li></ul>

As a proof of stake network, Ethereum rewards stakers with block rewards and user fees.However, the 32 ETH minimum required to stake your ETH directly on the network prohibits the vast majority of users from doing so. Enter liquid staking derivatives, or LSDs.LSDs refer to the tokens created by DeFi protocols or centralized services designed to reward users who stake ETH on their platform.

Technical Analysis / Chartered Market Technician, The Markets Academy

David Coloretti, CMT

Technical Analysis / Chartered Market Technician

The Markets Academy

TMA implements 2 strategies. 1) Tactical ... Trend Sustainability Score (TSS) allows TMA to identify exhaustion / reversal points in interim trends by utilising our proprietary analysis of ST momentum indicators. 2) Medium Term ... our 3 Pillars approach to technical analysis allows TMA to determine high probability medium term outcomes in markets.

Technical Analysis

<ul>
<li>Today we step away from our ST / tactical TSS strategy and focus on definitive MT momentum confirmation.</li>
<li>The uptrends that have evolved since the November lows in Bitcoin and Ethereum are small relative to the 2022 declines.</li>
<li>This week is in the process of delivering definitive bullish MT momentum confirmation in both Bitcoin and Ethereum. Such an outcome will confirm a high probability multi-month uptrend bias.</li>
</ul>


Today we step away from our ST / tactical TSS strategy and focus on definitive MT momentum confirmation.
The uptrends that have evolved since the November lows in Bitcoin and Ethereum are small relative to the 2022 declines.
This week is in the process of delivering definitive bullish MT momentum confirmation in both Bitcoin and Ethereum. Such an outcome will confirm a high probability multi-month uptrend bias.


Weekly Close Is Likely To Confirm Sustainable Bitcoin and Ethereum Uptrends

Crypto Analyst

Edward Wu

<ul>
<li>Ethereum is the only profitable blockchain, a analysis of revenue and expense of Ethereum;</li>
<li>Ethereum staking ratio is the lowest among all PoS blockchains and the Shanghai upgrade in March will change this;</li>
<li>Why will there be a short-term rally ahead of the Shanghai upgrade?</li>
</ul>


Ethereum is the only profitable blockchain, a analysis of revenue and expense of Ethereum;
Ethereum staking ratio is the lowest among all PoS blockchains and the Shanghai upgrade in March will change this;
Why will there be a short-term rally ahead of the Shanghai upgrade?


Profitability of Ethereum and a Short-Term Rally Ahead of the Shanghai Upgrade in March

<ul><li>Price Movements: Most Layer 1 tokens have struggled versus ETH since December, but SOL and ATOM have recently outperformed.</li><li>Market Liquidity: Curve’s 3pool – made up of USDT, USDC, and DAI – has seen its total value locked fall from $5.5bn to just $600mn over the past year.</li><li>Derivatives: Both SOL and LDO experienced a short squeeze as each token unexpectedly rallied.</li></ul>

Price Movements: Most Layer 1 tokens have struggled versus ETH since December, but SOL and ATOM have recently outperformed.Market Liquidity: Curve’s 3pool – made up of USDT, USDC, and DAI – has seen its total value locked fall from $5.5bn to just $600mn over the past year.Derivatives: Both SOL and LDO experienced a short squeeze as each token unexpectedly rallied.

United States

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Ethereum (XETUSD CURNCY)

The Return of the Bulls

Market Liquidity: Binance.US's market share relative to other U.S. exchanges climbed to 15%, a marked increase after dropping to 6% post-FTX.

Kaiko

Liquid Staking Derivatives Wars

LSDs refer to the tokens created by DeFi protocols or centralized services designed to reward users who stake ETH on their platform.

Kaiko

Weekly Close Is Likely To Confirm Sustainable Bitcoin and Ethereum Uptrends

Relative Strength Index (RSI) is a powerful tool for confirming material and sustainable trend change when interpreted correctly. Highly relevant...

David Coloretti, CMT

Profitability of Ethereum and a Short-Term Rally Ahead of the Shanghai Upgrade in March

We expect a short-term rally of ETH ahead of the Shanghai upgrade, which will happen in March. The reason is Ethereum is now profitable and net...

Edward Wu

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

The Return of the Bulls

Market Liquidity: Binance.US's market share relative to other U.S. exchanges climbed to 15%, a marked increase after dropping to 6% post-FTX.

Kaiko

Liquid Staking Derivatives Wars

LSDs refer to the tokens created by DeFi protocols or centralized services designed to reward users who stake ETH on their platform.

Kaiko

Weekly Close Is Likely To Confirm Sustainable Bitcoin and Ethereum Uptrends

Relative Strength Index (RSI) is a powerful tool for confirming material and sustainable trend change when interpreted correctly. Highly relevant...

David Coloretti, CMT

Profitability of Ethereum and a Short-Term Rally Ahead of the Shanghai Upgrade in March

We expect a short-term rally of ETH ahead of the Shanghai upgrade, which will happen in March. The reason is Ethereum is now profitable and net...

Edward Wu

Huobi Market Share Plummets in 2022

Price Movements: Most Layer 1 tokens have struggled versus ETH since December, but SOL and ATOM have recently outperformed.

Kaiko