Matt Casto

@mcasto_

| Trading and investing in software eating programmable money | Analyst | Formerly

Chicago, IL
Vrijeme pridruživanja: ožujak 2019.

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  1. prije 9 sati

    Interesting that there wasn't much of any lagging price increase on Binance following the Coinbase pump. Would've assumed that people would've bid up the price on the exchange trading lower.

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  2. 1. velj

    2/3 of pre-sale round OGN prices are now lower than the current price.

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  3. 31. sij

    When normalizing their trust's NAV price to account for btc/share and fees, it has also constantly traded under spot.

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  4. 31. sij

    At the time of this tweet VanEck had 63.91 BTC of AUM. They now have 63.43 BTC, a change of -.75%. Yikes.

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  5. 30. sij

    This decision makes sense for Binance US. Their market share of ATOM volume vs. other U.S.-based Real 10 exchanges is minimal.

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  6. 30. sij

    Interesting that ETCG coming off its insane premium coincided with ETHE becoming available to trade on the secondary market.

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  7. 29. sij

    -70% return since staking started - not very good for stakers

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  8. 29. sij

    Interesting take from the Wax team. Doubling supply and then *potentially* cutting it in half if all GBM tokens are effectively redeemed doesn’t imply that Wax should be labeled as having deflationary supply characteristics.

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  9. 27. sij

    ICYMI: If you are a Genesis subscriber to , make sure to check out their comprehensive outlook piece for this year. Insights were curated from a variety of industry participants including yours truly.

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  10. 27. sij

    Even though coins such as ADA have posted decent ROIs since hitting ATLs, it’s useful to know when exactly they hit those low price levels. With these data points you can use XIRR to gauge the significance of ADA outperforming other ROIs since ATLs.

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  11. 27. sij

    A majority of coins with the largest distances to hit ATHs hit ATL marks in the last two quarters. They haven’t posted impressive ROIs from their low points and I’d probably not expect them to.

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  12. 25. sij

    This makes sense as traders bid up the price of an asset where it trades at a discount in an attempt to capture as much spread as they possibly can. The reason why the premium on VTC has persisted for this long though is bc of the same reasons Kimchi premium existed back in 2018

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  13. 25. sij

    Historically, asset prices on exchanges that trade at a discount tend to lag price momentum on the exchange that trades at a premium. This can be seen with the recent Coinbase ATOM spike that occurred recently, where it traded in a -16% to 8% range vs. Binance at -4% to 2%.

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  14. 24. sij

    Further proof that the Kimchi premium is not dead. VTC on Upbit has been trading 15% to 260% over Bittrex for the past month and a half. Interesting to note Upbit's volume dominance a few days ago and the correlative uptick in the price premium.

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  15. 24. sij

    Understanding what quote currency to use when putting on positions is critically important. Not only from an ROI perspective but also a risk/vol perspective. Even though ATOM has had higher historical vol and beta vs. USD than BTC, it's returned significantly better sharpe/ROI.

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  16. 22. sij

    As a founder looking for funding, initiating fundraising via a token distribution could be appealing to you as 1) you don’t have to dilute equity holdings and 2) if you/your company holds the underlying token and it accrues value, you effectively are able to extend your runway.

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  17. proslijedio/la je Tweet
    21. sij

    We’re co-hosting an investor event in Boston on 1/28 with . ’s is keynoting & we have speakers from , , , the , , & . We have a few seats open. Who are folks in Boston that we should invite?

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  18. 20. sij

    Also interesting to note that the Deribit perp traded around 55 bps over Bitmex during the spike but the March forward traded about 50 bps under Bitmex.

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  19. 20. sij

    Private sale participants should be even more nervous than public sale ones. Stuck with two year vesting on a third of their CKB and are looking at -17.5% ROI. Better hope better liquidity venues are introduced in the near future.

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  20. 18. sij

    Historically, IEOs tended to drive price accrual of BNB. Those returns have been diminishing over time. Going to be interesting to see what Binance does next in an attempt to drive price accrual of BNB.

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