Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
766 documents
This market commentary examines crypto options positioning in December 2023 as traders anticipated a US spot Bitcoin ETF decision. It discusses a sharp Bitcoin pullback and a rise in realized volatility, alongside a decline in short-dated implied volatility…
This podcast recap discusses Rated’s work on Ethereum proof-of-stake infrastructure data. Validator assessment uses real-time and historical measures such as uptime, efficiency, and protocol adherence to give operators context for improving performance. The…
This weekly digital-asset snapshot combines price action with derivatives positioning, institutional flows, order-book liquidity, spreads, and DeFi indicators. It describes Bitcoin testing support near $86,000 amid a broader risk-off move, while ETF…
This market commentary links changing Federal Reserve rate-cut expectations with risk-asset performance, then examines relative strength and options conditions in Bitcoin and Ether. It discusses how realized volatility and the ETH/BTC ratio may reflect…
This market commentary interprets crypto option-implied distributions and volatility around the 2024 US election. It uses calibrated BTC options distributions to compare the market-implied chance of prices above $72,000 at the November 8 and December 27…
This article recounts the 2025 Bybit theft and describes how the attackers reportedly compromised the Safe wallet interface, deceived signers, and changed the wallet implementation before moving the assets. It outlines subsequent laundering through…
This mid-week recap summarizes derivatives conditions in Bitcoin and Ether as of April 21, 2023. It reports stable Bitcoin 10-day realized volatility in the low 30s while attention shifted toward Ether, and describes term structures for both assets as moving…
This guide explains how to run a Python trading strategy backtest with LumiBot, choose a historical data provider, configure dates and sources, and review generated output. It describes ThetaData, Yahoo Finance, Polygon, custom Pandas data, and Polymarket…
This webinar recap reviews digital-asset market indicators around Q2 2024, covering Bitcoin exchange-traded fund flows, spot trading, DeFi lending, blockchain transfers, and tokenized real-world assets. It reports that Bitcoin ETF flows cooled in Q2, with…
The document explains how lending market metrics can help track activity across protocols and networks. It discusses total value locked (TVL), deposits and withdrawals, borrowing and repayments, liquidations, stablecoin use, and user activity. These measures…
The document reviews crypto market conditions ahead of the Bitcoin halving and discusses how macroeconomic pressure may affect sentiment and options pricing. It points to higher Treasury yields and a stronger dollar as headwinds while noting that implied…
The webinar summary addresses how to estimate option values in newer crypto markets where liquid options data may be sparse or absent. It describes Amberdata’s approach as using liquid equity options as a reference for generating implied volatility surfaces,…
This conference recap describes themes reported at Consensus Hong Kong 2025, including greater institutional participation in digital assets, regulatory developments, and interest in combining blockchain with artificial intelligence. It says Hong Kong's…
This podcast recap discusses Bitcoin’s volatility and derivatives market conditions around a sharp price decline and subsequent stabilization. It introduces implied volatility and volatility compression, and describes a reported contrast between elevated…
This report section examines Ethereum’s 2024 market structure using ownership concentration, holder and supply buckets, liquid balances, and valuation measures such as MVRV and NUPL. It compares Ethereum’s concentration patterns with Bitcoin’s and discusses…
This market commentary interprets crypto options conditions ahead of the U.S. election, focusing on Bitcoin and Ethereum realized volatility, implied volatility, skew, term structure, and relative performance. It describes realized volatility as stable while…
This market commentary reviews Bitcoin and Ethereum options conditions, covering realized and implied volatility, carry, skew term structures, and relative value. It reports that realized volatility rose, implied volatility did not keep pace in Bitcoin as…
The document outlines nontraditional ways to study NFT projects, using CryptoPunks as its example. It proposes tracking unique holder wallets to gauge ownership distribution and concentration, and first-time buyers to assess whether new participants are…
The article outlines how Amberdata datasets can be accessed through Snowflake, Google Analytics Hub, and Databricks. It frames these integrations as a way for institutional researchers and traders to work with historical and fresh digital-asset data using…
This market report surveys Bitcoin’s first quarter of 2025, linking sharp price movements to macroeconomic developments, regulatory news, security events, and institutional activity. It discusses a peak near $109,000, subsequent pullbacks, a major exchange…
This market commentary connects Federal Reserve easing, Bitcoin price prospects, spot ETF adoption, and options volatility. It contrasts a possible short-term volatility surge with a longer-term decline as institutional ownership grows. For a bullish…
The article argues that a US November CPI release may be unreliable because a government shutdown disrupted price collection: October data was not gathered, November collection began late, and some figures relied on carried-forward data. It contrasts the…
This market commentary links a decline in US yields and expectations of a possible soft landing with gains in Bitcoin, Ether, and gold. It reviews the coming employment and central bank events, then interprets crypto options activity: traders appeared…
This market snapshot links a sharp crypto price swing with changes in centralized exchange activity, DeFi lending flows, and miner behavior. It reports that spot trading volumes recovered after a brief decline, with Binance gaining share and Bybit trading…