Collective Shift Collective Shift

Matt breaks down why Bitcoin’s price is not surging despite there being such strong ETF demand. He also covers the big week ahead for macro, Coinbase Smart Wallet, continued institutional adoption, and altcoin updates.Key Takeaways Spot Bitcoin ETF demand continued to surge, yet prices held steady. It is becoming increasingly evident that more hedge funds are buying these ETFs while shorting BTC on the futures market (i.e. executing a cash-and-carry trade).The big macro event to watch th...

Matt breaks down the most important events in crypto from the past week. Topics include the Ethereum ETF, U.S. President Biden denying the crypto custody bill, celebrity memecoins and altcoin updates.Key Takeaways The Ethereum ETF applicants started submitting their S-1 filings to the U.S. SEC. Eric Balchunas, a senior ETF analyst at Bloomberg, expects the ETFs to start trading in early July. U.S. President Biden vetoed legislation that would have made it easier for banks to offer ...

Join Matt and Nick as they break down the latest market uptick; the state of Wisconsin’s investing in Bitcoin ETFs; the U.S. Senate voting to override an anti-crypto rule; Solana vs Ethereum; altcoin updates; and more.Key Takeaways The U.S. SEC shocked the market by approving all eight spot Ethereum ETF applications. No indication of when these ETFs will go live. The issuers still need to get their filings approved, which may take months.ETH rallied by more than 20% after news circulated...

Join Matt and Nick as they break down the latest market uptick; the state of Wisconsin’s investing in Bitcoin ETFs; the U.S. Senate voting to override an anti-crypto rule; Solana vs Ethereum; altcoin updates; and more.Key Takeaways Cryptocurrencies traded higher following the latest U.S. CPI data coming in line with expectations.The U.S. Senate approved a rule change that would make it easier for banks to offer crypto-custody services. However, President Joe Biden said he would not be si...

Join Matt and Nick as they break down this week’s key market event; the spot Ethereum ETF applications; the SEC’s potential lawsuit against Robinhood; Donald Trump’s pro-crypto speech; memecoin prices soaring; altcoin updates; and more.Key Takeaways The market continues to trade sideways ahead of this week’s inflation data in the U.S. Consensus forecast is 3.4%, which would be slightly lower than the 3.5% recorded last month.The SEC flagged its intent to sue Robinhood in relation to its ...

Join Matt and Nick as they discuss the price volatility in the crypto market; the U.S. central bank’s latest rate decision; the prison sentencing of Binance’s co-founder; weakening demand for spot Bitcoin ETFs; EigenLayer controversy; altcoin updates; and more.Key Takeaways The crypto market slid further, with BTC declining to as low as $56,500 for the first time since late January. Standard correction as far as crypto bull markets go.The U.S. central bank’s policy update was largely in ...