DUO Network

Deribit ETH not getting as much traction as I'd initially thought. Been trading 0.2-0.3% premium over Bitmex since launch. Options market still in the backburner it seems.

ETH net long position remains crowded and continues to pile up further. ETH/BTC cross has been trading weak since the Feb 24th bloodbath. What does this really mean A) are we on the verge a catastrophic gapdown in ETH or B) incremental longs eventually prevail? #crypto #etheruem

I just published Weekly Crypto Market Musings — February 16– 22, 2019 link.medium.com/9iIFe78ezU

#USDT/CNY is trading at 6.99 on HUOBI OTC, 4.6% premium over the fair mid implied from USDT/USD=0.9617 & USDCNY spot mid of 6.9474. Even assuming retail bid/offer of 1% for RMB this looks way too stretched. #PandaPremium

Brace for impact fellas! bitcoinmagazine.com/articles…

#Crypto #Correlation over the last 1-day/7-day/30-day period. 1) #USDT is no longer negative correlated with other crypto assets 2) The selloff was accompanied by one of the most correlated 1-day price action we've seen 3) #DOGE, #XEM, #ABT #QASH are showing some resilience.

Ka-boom! BCHSV/BTC at 0.025 and now up to 0.0366

#BCH #Fork -Assuming total hash rate of 5.1 EH/s out of which 15% is owned by #ABC & 75% by #SV. For ABC to win the hash war, they'll need to pull approx 3.06EH/s from the BTC network - a whopping 13% of BTC's total hash rate! Conclusion: Short #BTC/#BCHSV cross into the fork?

Coinciding with the #BCH fork - 2018 deadline for hedge fund redemption. zerohedge.com/news/2018-11-0… #hedgefund #BCHABC #BCHSV

First #Venezuela and now #Iran. Banking the unbanked among countries and furthering the fall of the #SWIFT - Iran's National Cryptocurrency Is Ready, Awaiting Approval berminal.com/news/115977/Ira… #Crypto #Blockchain

Great insight on the missing pieces of crypto market before you can call it institutional grade "Cryptocurrency Markets: Relearning the lessons of modern financial infrastructure" youtu.be/iwZAE9EcEOc via @YouTube @maxboonen

Glad to see #crypto as an asset class showing more macro convergence after an eerily slow-moving 2 weeks. Sanguine #risk sentiments are coming back from #equity & #FX - first equity with big support levels holding up & more recently w/ the significant retracement of #USD strength

In case you were wondering who are the investors that were left holding the bag full of devalued #USDT/#Tether, Google Trend has the answer #Crypto #Blockchain #StableCoin #Markets Unimaginable how much USDT miners in #Sichuan China were and are probably still sitting on #NotDone