Bitcoin is holding its range, but that range is below the gamma flip, with aggregate market maker exposure now negative…

BTC spot prices have recovered 13 percent off its low, but this reflects selling exhaustion, not demand. Our view below…

What the data confirmed In last week’s Bitfinex Alpha Intelligence Update, The Floor That Broke, we highlighted the ‘air gap’…

In late May Bitfinex Alpha flagged that the institutional bid was gradually disappearing and that  $70,000 for Bitcoin was the…

Friday 5 June, US Non-Farm Payrolls (May) This opening salvo for the month will shape interest rate expectations heading into…

What actually moved the tape The week opened with markets pricing in a fragile ceasefire in Iran and a 10-year…

Bitcoin is holding within a tight range since the weekend, after reclaiming the two cost-basis levels that defined resistance: the…

After printing through $80,000 on Monday, 4 May, Bitcoin has finally made its first sustained move above this key psychological…

Friday 1 May, ISM Manufacturing PMI (April) An early read on US industrial activity and pricing pressures. Given recent weakness…

The exploit of Litecoin last week shows why Bitcoin users are wary of adding complexity to a monetary base layer.…

Fed Chairman Jerome Powell is likely chairing his final Federal Open Market Committee (FOMC) meeting on 29 April. Fed Funds…

Signal Reading Regime BTC Spot Above $74,500 resistance Transition To LTF Uptrend Funding Rate (aggregate) ~8–12% APR Neutral Exchange Reserves…