Opening Bell - Issue 32
Research22 October 2024Copper
Prepare for the week with key data points and trends in the digital asset marketplace.
Opening bell | Issue #32 report highlights:
On-chain metrics are possibly indicating that markets have run a little BTC hot as Bitcoin tried to head towards the $70k mark. A short-term top is the more
likely scenario for now despite upbeat ETF inflows.
Not all stablecoins are equal, and some not stablecoins at all. More importantly, what has seen growth are tokenized short-term treasuries that are now being deployed as capital across protocols and centralized exchanges. Big win for capital efficiency and what blockchain technology can do.
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