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.
4,510 documents
This options-flow note interprets recent Bitcoin activity against a backdrop of strength in gold and macroeconomic risk. It says spot and ETF inflows had not prompted substantial fresh call buying, while traders opened put sales across several strikes and…
This weekly review examines a sharp crypto market decline associated with spot selling and uncertainty about Federal Reserve policy. It distinguishes the episode from a derivatives-driven liquidation shock: the article reports that hedging remained available…
This macro essay compares the development of crypto with the NASDAQ through four proposed phases: adoption, a crash, consolidation, and rapid speculative growth. It argues that crypto may move through these phases faster, potentially because of expanding…
This commentary reviews a crypto sell-off associated with tariff news, including a reported wave of liquidations and a sharp V-shaped reversal. It compares realized and implied volatility in BTC and ETH, noting a particularly large move in ETH realized…
This market commentary links rising downside concern in BTC and ETH to weakening prices, macroeconomic uncertainty, and renewed demand for puts. It reports falling realized and short-term implied volatility before a sell-off, followed by a rise in put skew…
This commentary interprets a November 28, 2023 snapshot of at-the-money implied volatility term structures and SABR smile skew for Bitcoin and Ethereum. Both assets show a rise in implied volatility beginning around the 60-day tenor, near the late-January…
This weekly market review uses spot moves, implied volatility, skew, term structure, open interest, and reported options flows to assess Bitcoin and Ether positioning around repeated tests of Bitcoin’s $25,000 area. It describes short-dated BTC calls moving…
This market update interprets Bitcoin and Ether price action, volatility, skew, and options flows ahead of the US election. It links Bitcoin’s rise toward $69,000 to seasonal strength and ETF demand, while noting that a strong US dollar may be limiting…
The article examines why cryptocurrency has not gained broad use in online gambling despite offering digital payments and the possibility of decentralized services. It describes project failures, unreliable activity metrics, and the limits of incentives:…
This episode description outlines a discussion of crypto and macro conditions that had lifted equity markets toward prior highs after months of range trading. The speakers consider whether Bitcoin may be near a bottom and whether crypto prices could break…
This weekly market recap compares Bitcoin and Ether derivatives during a sharp spot sell-off. It describes a larger volatility premium and a more inverted volatility term structure for ETH, while BTC’s front end has flattened less dramatically. Short-dated…
This weekly report interprets Bitcoin and Ether derivatives pricing in the run-up to the U.S. election. It compares short and long option maturities, futures premiums, funding rates, and option skew to describe a mixed near-term picture alongside more…
This commentary examines BTC and ETH derivatives positioning after a mid-August selloff. It compares at-the-money implied volatility across maturities, volatility smile steepness, and one-month 25-delta risk reversals. The report says spot prices were…
This podcast episode discusses a choppy crypto market and the possibility that Ethereum could approach prior highs. The hosts connect ETH strength to anticipated stablecoin legislation, ETF inflows, a breakout in Ethereum dominance, and shifting supply and…
This market commentary examines BTC options activity during a sharp spot decline associated with German government BTC sales, Nasdaq weakness, and Mt. Gox transfer notifications. Despite expectations that uncertainty might raise implied volatility and put…
This podcast episode brings together crypto and financial-market commentators to discuss a Bitcoin market dip amid tariff uncertainty, stagflation concerns, and changing expectations for liquidity and Federal Reserve policy. The episode is framed around…
This weekly market recap connects macroeconomic commentary about the Federal Reserve with moves in BTC and ETH derivatives. It reports that both assets’ implied volatility rose across the curve as spot prices fell. BTC futures positioning appeared less…
This weekly report reviews Bitcoin and Ether derivatives during a sharp spot rally followed by some retracement. It tracks three directional indicators—options smile skew, perpetual swap funding, and futures-implied spot yields—and describes each rising with…
This market commentary interprets a change in Bitcoin options positioning. After prior purchases of January and February calls at several strikes, the author reports selling some of those positions, including a full exit from one January call position and…
This weekly report reviews BTC and ETH derivatives during a broad crypto selloff in November 2025. It describes falling spot prices, elevated implied volatility, and options smiles skewed toward puts, suggesting demand for downside protection. ETH showed…
This market commentary combines Bitcoin price context with volatility measures and macroeconomic headlines. It notes that 30-day implied volatility was near the low end of its recent ranking despite a weekly price rise, and gives an annualized reading…
This market commentary examines how US political statements about Bitcoin reserves, crypto regulation, and agency leadership may affect sentiment toward digital assets. It describes a pullback in Bitcoin after a high-profile speech, while suggesting that…
This market note interprets recent crypto options activity amid a Bitcoin rally and ahead of the expected start of Ether ETF trading. It describes concentrated buying of Bitcoin calls across several expiries and strike levels, with more than six million…
This podcast episode reviews crypto market weakness following the ByBit hack, alongside discussion of macro conditions, political developments, institutional flows, and the evolution of the digital asset market. The hosts present a broadly constructive…