Analysis


Markets

Bitcoin in 'Accumulation' Phase, On-chain Indicators Suggest

Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.

Indicadores clave sugieren que es momento de acumular bitcoin. (RichardMc/Pixabay, PhotoMosh)

Finance

JPMorgan Says Crypto Market Deleveraging Cycle Won’t Be Lengthy

Stronger crypto companies are stepping in to help contain contagion, and venture capital funding is still healthy, the bank said.

JPMorgan dice que el proceso de desapalancamiento ya está muy avanzado. (Kurhan/Shutterstock)

Markets

Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity

As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said.

Las criptomonedas se ven afectadas de manera desproporcionada por el endurecimiento de la Fed. (Harald Lueder/Shutterstock)

Finance

Bank of America Says 'Crypto Winter' Concerns Haven't Frozen Investor Interest

Blockchain technology is the most significant evolution of software since the internet, the report said.

El invierno de las criptomonedas no ha conseguido frenar el entusiasmo de los inversores por la tecnología blockchain. (Ina Hoekstra/Pixabay)

Finance

Morgan Stanley: GPU Demand Likely to Slow if Ethereum Moves to Proof-of-Stake

Moving to PoS also won't solve Ethereum’s scaling problems, the report said.

Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)

Tech

Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

Staked ether (stETH) will trade at a discount until withdrawals are enabled, the report said.

Lido's stETH adds liquidity to ether that has been staked. (Aditya Siva/Unsplash)

Markets

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018

Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

Jenga image via Shutterstock

Markets

Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.

Eviart/Shutterstock

Finance

Morgan Stanley Says Record Crypto Venture Capital Investment to Slow

Deal activity peaked in December and could fall as much as 50% by year-end, the bank said.

Las inversiones de venture capital se ralentizarán este año. (Andrew Khoroshavin/Pixabay)

Markets

Guggenheim's Minerd Says Bitcoin Will Drop to $8K. We Checked His Record

A quick recap of some of the noted analyst's key prognostications shows just how mixed his track record has proven.

INGLEWOOD, CALIFORNIA: In this image released on May 2, Scott Minerd attends the Global Citizen VAX LIVE: The Concert To Reunite The World at SoFi Stadium in Inglewood, California. Global Citizen VAX LIVE: The Concert To Reunite The World will be broadcast on May 8, 2021. (Photo by Emma McIntyre/Getty Images for Global Citizen VAX LIVE)