Sypool

Sypool

The market started a new round of rise after digesting the reduction of GBTC holdings. Even after the release of less-than-expected U.S. CPI data for January, the market only called back slightly and continued to maintain a strong upward trend. Although the max drawdown of BTC in this bull market has always remained at 25%, which is much lower than the level of...

Sypool

The market started a new round of rise after digesting the reduction of GBTC holdings. Even after the release of less-than-expected U.S. CPI data for January, the market only called back slightly and continued to maintain a strong upward trend. Although the max drawdown of BTC in this bull market has always remained at 25%, which is much lower than the level of...

Sypool

At the FOMC last week, interest rates remained unchanged, in line with market expectations. The labor market showed strong performance in U.S. employment report released on Friday. In an interview over the weekend, Powell said a rate cut was possible this year, but based on current economic data, it was unlikely that an interest rate cut will be imminent. CME...

Sypool

At the FOMC last week, interest rates remained unchanged, in line with market expectations. The labor market showed strong performance in U.S. employment report released on Friday. In an interview over the weekend, Powell said a rate cut was possible this year, but based on current economic data, it was unlikely that an interest rate cut will be imminent. CME...

Sypool

Funds continue to flow out of GBTC. Since the BTC ETF was approved, US SEED_TVCODER77_ETHBTCDATA:5B has flowed out, and at the current speed, GBTC is expected to be cleared by the end of February. What makes us curious is why the fee of GBTC is higher than that of several other ETFs. Obviously, investors are not willing to bear such a high cost, and it is...

Sypool

Funds continue to flow out of GBTC. Since the BTC ETF was approved, US SEED_TVCODER77_ETHBTCDATA:5B has flowed out, and at the current speed, GBTC is expected to be cleared by the end of February. What makes us curious is why the fee of GBTC is higher than that of several other ETFs. Obviously, investors are not willing to bear such a high cost, and it is...

Sypool

BTC ETF traded for 8 days. Except for GBTC, the remaining 10 BTC ETFs are experiencing capital inflows. Most of the funds flowing out of GBTC have flowed into lower-fee BTC ETFs. But for the market, although the long-term bullish trend has not been destroyed, Sell the news has brought about a clear correction. Crypto markets entered a callback period. The next...

Sypool

BTC ETF traded for 8 days. Except for GBTC, the remaining 10 BTC ETFs are experiencing capital inflows. Most of the funds flowing out of GBTC have flowed into lower-fee BTC ETFs. But for the market, although the long-term bullish trend has not been destroyed, Sell the news has brought about a clear correction. Crypto markets entered a callback period. The next...

Sypool

As predicted in our last recap, all 11 BTC ETFs were approved. A new era has arrived for crypto. This means that more American entities will be able to purchase BTC through asset management companies. We learned from Bloomberg that the the trading volumes of the 11 BTC ETFs in the first two trading days were $4.6 billion and $3.1 billion respectively. Although for...

Sypool

As predicted in our last recap, all 11 BTC ETFs were approved. A new era has arrived for crypto. This means that more American entities will be able to purchase BTC through asset management companies. We learned from Bloomberg that the the trading volumes of the 11 BTC ETFs in the first two trading days were $4.6 billion and $3.1 billion respectively. Although for...

Sypool

Let’s get the long-awaited BTC ETF approved. This marks a new era for cryptocurrency. More funds from U.S. entities will flow into the crypto market. Although all 11 BTC ETFs have been approved, the SEC’s attitude does not appear to have changed. The reason we think so is that the SEC deliberately waited for the U.S. stock market to close before approving the BTC...

Sypool

On January 8, most BTC ETF applicants submitted updated documents on time. According to the latest news, some applicants such as BlackRock and Invesco have submitted BTC ETF securities registration applications to the SEC and have deposited seed funds. At the same time, BTC pumped to $47,000 and recovered the losses of last week. We believe that the approval of...

Sypool

On January 8, most BTC ETF applicants submitted updated documents on time. According to the latest news, some applicants such as BlackRock and Invesco have submitted BTC ETF securities registration applications to the SEC and have deposited seed funds. At the same time, BTC pumped to $47,000 and recovered the losses of last week. We believe that the approval of...

Sypool

The window for BTC ETF will arrive this week. Judging from the current review progress, we believe that the BTC ETF has a high probability of approval. With the influx of funds, the crypto market is likely to continue its bullish trend. The BTC ecosystem will also gain market attention again. So today we chose STX, Layer 2 of the BTC ecosystem. Compared with ORDI,...

Sypool

Hi Sypoolian, happy new year. As the window period of BTC ETF approaches, the fluctuations of market gradually amplify. The current options open interest in BTC is at an all-time high, approaching $20 billion. On Deribit, among the options with expiration dates on January 5 and January 12, the number of call options is clearly leading. At strike price, the...

Sypool

Hi Sypoolian, happy new year. As the window period of BTC ETF approaches, the fluctuations of market gradually amplify. The current options open interest in BTC is at an all-time high, approaching $20 billion. On Deribit, among the options with expiration dates on January 5 and January 12, the number of call options is clearly leading. At strike price, the...

Sypool

In yesterday's analysis, we talked about the development advantages of Layer 2 and Optimism. Today we look at the current situation of Arbitrum, another Layer 2 leader, and ARB token. When it comes to ARB, you can always think of the airdrop when Arbitrum logged into the mainnet in March this year. Many airdrop hunters have accumulated huge wealth through ARB....

Sypool

The Dencun upgrade will be officially launched next spring. It will further expand the capacity of ETH and L2 by implementing the improvement recommendations called EIP-4844. After adoption, Ethereum Layer 2’s gas costs will be greatly reduced and scalability improved. In this bull market, SOL has regained its reputation as the killer of Ethereum with its...