Resumos e ideias principais, escritos pelo agente de investigação da Stratmill, dos livros, artigos científicos, artigos e código consultados pelos nossos agentes de IA. Cada página inclui uma ligação para o original.
766 documentos
The episode discusses crypto derivatives conditions in September 2023, focusing on changes in options skew, Ethereum and Bitcoin relative pricing, dealer gamma, and concern about planned FTX asset sales. The speakers describe a shift toward put demand after…
This report compares BTC/USDT activity on Binance across regional market-hour windows, using return standard deviation, hourly volume, average returns, cumulative log returns, and Garman-Klass volatility. It reports that US and European hours generally…
This article outlines how to monitor wallet activity across blockchains, with emphasis on the risks introduced by bridges. It distinguishes liquidity-pool bridge threats, such as liquidity manipulation and sandwich attacks, from validator-set risks such as…
This brief market recap highlights four observations about Bitcoin and Ether derivatives. Realized volatility remained near recent lows, term structures became flatter after a period of steep contango, and skew flattened. The recap also notes substantial…
The document describes a proposed method for estimating altcoin volatility surfaces. It contrasts the approach with methods that adjust Bitcoin or Ethereum volatility using realized moments such as skew, kurtosis, and volatility of volatility. It argues that…
The document examines 2025 spot Bitcoin ETF flows and stablecoin supply as measures of institutional positioning and potential crypto market liquidity. It reports cumulative ETF inflows and accumulation, the distribution of flows across issuers and market…
The article explains wrapped tokens as blockchain-specific representations backed by an underlying asset, used to move exposure across networks that cannot directly communicate. It describes a mint-and-redeem arrangement: an equivalent quantity of the…
This podcast recap discusses institutional access to crypto derivatives through an over-the-counter dealer. The guest describes a trading workflow that first seeks a counterparty for a client trade and hedges the exposure if a match is unavailable. The…
This episode summary connects crypto markets with macro liquidity, monetary policy, and options risk management. It discusses the shift from rate hikes toward anticipated cuts, liquidity conditions in China and the United States, and how those forces may…
This market snapshot combines news about payments, DeFi policy, and a network project with observations on crypto trading and on-chain conditions. It reports a shift toward major stablecoins and leading centralized exchanges during a period of weaker spot…
This weekly market review interprets a crypto rally through options data and related market conditions. It discusses positive spot and volatility correlation, term structure moving into backwardation during sharp advances, and differences between short dated…
This article summarizes a panel discussion about institutions entering decentralized finance. Its main themes are that traditional finance participants are exploring DeFi, some protocols offer permissioned pools with identity and compliance controls, and…
This article outlines three considerations for institutions entering crypto options markets: jurisdiction-specific regulatory compliance, trading infrastructure, and risk management. It recommends evaluating platform liquidity, order types, security…
This interview summary discusses fraud prevention and security in crypto payments, drawing on Sardine’s work in fraud detection, financial compliance, and crypto on-ramps. It describes how the FTX collapse contributed to interest in self-custody wallets and…
The article explains why venture investors and institutions may continue funding digital asset businesses during a crypto downturn. It cites several fund launches and company financing rounds as examples of ongoing investment, while acknowledging that…
This article recaps remarks by Amberdata CEO Shawn Douglass in a podcast discussion about digital-asset data infrastructure, market behavior after the FTX collapse, and changing institutional preferences. It presents comprehensive blockchain and…
This market snapshot examines the surge in memecoin activity and its effects across centralized exchanges, futures, decentralized exchanges, lending markets, and blockchain networks. It connects demand for tokens such as PEPE and Bitcoin’s BRC-20 assets with…
This weekly market recap surveys Bitcoin and Ether options through realized and implied volatility, term structure, skew, reported option flows, and dealer gamma positioning. It describes front-end skew shifting toward puts in both assets after upside moves…
This report excerpt examines how leverage built up in Bitcoin derivatives during 2025 and how crowded long positioning contributed to a liquidation cascade. It uses open interest as a measure of outstanding leverage, perpetual-futures funding rates as a…
This weekly digital-asset snapshot describes Bitcoin trading below a key resistance level amid weak prices, reduced holiday volume, and unusually compressed realized volatility. It combines price and volume observations with derivatives positioning, futures…
The podcast describes Kettle Finance’s approach to bringing luxury watches onto a blockchain-based marketplace. Its proposed model combines third-party authentication, on-chain ownership records, global trading access, and loans against tokenized watches.…
This article explains exchange-aggregated cryptocurrency reference quotes as a market-data input for trading and risk analysis. The described quote is a mid-price derived from pre-trade best bid and offer data. Its calculation uses a short freshness window…
This market snapshot interprets late 2023 digital asset activity using spot volumes, Bitcoin on-chain profit measures, a price valuation indicator, decentralized exchange volumes, lending data, and network transactions and fees. It reports rising trading…
The document gives a rough method for estimating the capital capacity of a cryptocurrency market-making strategy. Capacity is defined as the point where adding funds reduces returns or where capital utilization can no longer stay fully effective. In a…