Author: Daniel Kukan

Recurring market commentary on what’s happening in the crypto markets, summarized by the Crypto Broker team at Crypto Finance AG. Market commentary Good Morning! Ethereum (ETH) is on the rise again. The overall market conditions have not changed a great deal of late, but ETH began its outperformance and dominance in mid-April of this year. The traded volume has consistently increased while nearing the April expiry, and still remains very high. The most prominent space is Decentralized Finance (DeFi), which refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by the Ethereum blockchain. One of the…

Recurring market commentary on what’s happening in the crypto markets, summarized by Crypto Finance AG Senior Trader Patrick Heusser. Market commentary Good Morning! There was little movement in the overall market this past week. It consisted more or less of range trading, which can be called consolidation at high levels. Bigger market moves were to have been expected as there is a monthly expiry of derivatives contracts on April 30th, and open interest remained rather high throughout the entire week. Bitcoin BTC (daily) The range of bitcoin option strikes is between the levels of $50’000 and $54’000. For Ethereum, the…