Newsletter
by Ben Lilly Higher Prices... More Credit... More Growth BTC is at $37,000 and ETH is notching all-time highs now. Which means a lot of you are probably sitting on a high horse at the moment and deciding the $40 bottle of wine might be nice for the weekend
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by Ben Lilly It's About Credit Most of the crypto traders saw it. Yesterday, Grayscale added 47,000 ETH to the Ethereum Grayscale Trust (ETHE). As I write this, that's about $77.5 million worth of crypto. In two days it's received almost 70,
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by Ben Lilly There's Always More to it Modus Operandi, it's defined as somebody's habits of working particularly in the context of business or criminal investigations. It's M.O. for short. For on-chain activity we like to think this is one of
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by Ben Lilly It's Chess and The Market Has the Next Move When trying to outline what to write about today it felt like taking all the stories on the front page of a newspaper and turning it into one story. There's a lot to cover,
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by Ben Lilly Today we give you a quick snapshot of the crypto market to start your week. Unfortunately Ben Lilly was not able write today’s version. He should be back tomorrow. In the interim, Benjamin is providing the market update, enjoy! Market Update After the volatile price action
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by Ben Lilly The Line of Demarcation It's as if the Occupy movement from 12 years ago went out and got an MBA degree. That's what's happening now. It started off as degenerate traders wanting tendies (good feelings from making big on deep out
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by Ben Lilly We Waited...And Nothing Happened There was an eagerness when I got out of bed at 6am yesterday. I had several things to take care of before the FED determined what direction the market would turn. I pounded my black coffee like fuel getting pumped into my
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by Ben Lilly Satiate Your Hunger Fourth Turning, Ray Dalio debt cycles, imminent inflation, or a host of other reasons might have turned you on to bitcoin and cryptocurrencies. For others, it might have been price speculation... But from what I can tell most of you reading this fall into
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by Ben Lilly Why ETH Went Higher and BTC Dropped Here's a chart of the past two weeks regarding ETH and BTC. ETH was a nice trade over that span while BTC was grinding lower. Grayscale's lack of BTC unlockings since the end of December 29th
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by Ben Lilly Doldrums I think to myself... This is what a prisoner feels like. They sit in a shoe box shaped room day in and day out with a single window. It has to be unimaginably boring. There's a single 2x2 window giving you just enough of
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by Ben Lilly Market Update A bit of a peaceful weekend it has been without any shocks and surprises in the market. Indicators, funding rates, open interest in futures markets are steadily cooling off. Jarvis Risk Meter has been cooling down from 92 few days ago down to 70. That
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by Ben Lilly Why Track The Blockchain ? A question we get from traders almost everyday is, why do you have to track the blockchain transactions, wallet movements, on-chain metrics. Why not simply use technical indicators such as MACD and moving averages on price as source and perform trades. Why not