Newsletter
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,
Newsletter
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
Newsletter
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,
Newsletter
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
Newsletter
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
Newsletter
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
Newsletter
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
Newsletter
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
Newsletter
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
Newsletter
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
Newsletter
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
Newsletter
by Ben Lilly Trade with Conviction How were the last 30 hours? My guess is some of you got less sleep than normal, others were rather deflated as price dropped, and many more were scouring the news for a reason behind the madness. For us at Jarvis Labs, it highlights