This section covers the latest trends and interesting observations from the crypto market and industry. We strive to be impartial and objective in our analysis, ensuring that our readers have the information they need to navigate the ever-changing crypto market.



07 Jun 2023

Shorts already squeezed - what's next?

In yesterday's Ahead of the Curve, We argued that the market overreacted to the Binance news. We're now firmly back to where we started the week, structurally and technically.

sec binance coinbase cover picture

06 Jun 2023

TLDR; The SEC’s cases against Binance and Coinbase explained

In this piece, we summarize the overlap and differences between the two cases in the easiest possible fashion.

Friday Focus Cover page

01 Jun 2023

The Friday Focus - Issue 88

Europe's new crypto rules are formally signed, Tether asserts its dominance in the stablecoin market, and the Bitcoin miners strike back in Texas. This, and more, in our weekly news recap below.

Friday Focus Cover page

25 May 2023

The Friday Focus - Issue 87

BlockFi retracts statement regarding liquidation, Celsius assets sold, ChatGPT founder Sam Altman secures $115M for previously mocked Worldcoin, and more, in this week's Friday Focus!

January 1 2017 returns SVG

23 May 2023

What if - Comparing investing in crypto in 2017 to 2018

Last week, we showed what would happen if you invested in cryptocurrencies in early 2018. Investing in early 2018 was, in hindsight, the worst timing possible. Now, what if you, instead of reacting to the hype in late 2017, were ahead of the curve?

Friday Focus Cover page

19 May 2023

The Friday Focus - Issue 86

An infamous trio from last year's crypto crisis is in focus this week, with BlockFi, Voyager, and Celsius still figuring out how to repay their customers - more in this week's Friday Focus!

top 10 Jan 2018 chart PNG

16 May 2023

What if you bought all the top 10 cryptos in January 2018?

In late 2017, Bitcoin became widely renowned through the ferocious rally peaking at close to $20,000 shortly before Christmas. In a second wave lasting into early 2018, altcoins spearheaded by XRP and Ethereum rocketed while Bitcoin started dropping off.

Friday Focus Cover page

11 May 2023

The Friday Focus - Issue 85

More Q1 results, operational trouble for Binance, and brief problems for the Ethereum network. This, and more, in the Friday Focus.

Friday Focus Cover page

05 May 2023

The Friday Focus - Issue 84

The SEC ordered to answer Coinbase promptly, FED raised interest rates, and positive results for several crypto companies—this and more in the Friday Focus below.

Friday Focus Cover page

28 Apr 2023

The Friday Focus - Issue 83

Crypto exchanges are in focus this week as Coinbase pushes SEC for answers, while Binance nukes its deal with bankrupt Voyager — more on the crypto exchanges' struggles and other news in this week's Friday Focus.

Friday Focus Cover page

21 Apr 2023

The Friday Focus - Issue 82

The European Union became the first major jurisdiction to pass comprehensive crypto laws—more on the EU's new MiCA law and other news in this week's Friday Focus.

geo web relative

21 Apr 2023

A global retail exodus

Global exchange traffic is down 25% from this summer globally.

Key Findings

21 Apr 2023

345,000 Norwegians own crypto - Falling 75,000 from 2022

An estimated 345,000 Norwegians currently own cryptocurrencies, down 75,000 from last year, but still higher than 2021 levels.

Withdrawals since Shanghai

19 Apr 2023

Ethereum staking - How much rewards are left to withdraw?

Close to 1.5 million Ether has been withdrawn since the Shanghai upgrade on Wednesday 12th of April. Two-thirds of these withdrawals are built-up rewards from past validator duties.


19 Apr 2023

ETH open interest up 39% on CME

Massive surge in ETH activity following Shanghai, while BTC activity reigns stale. Are institutions rotating exposure?

Friday Focus Cover page

14 Apr 2023

The Friday Focus - Issue 81

This week’s news are more about what’s to come than what happened. Get up to speed by reading our quick rundown in the post-Easter Friday Focus.


12 Apr 2023

CME behind BTC's recent strength?

Growing OI and volumes before and during the initial push higher suggests so.

BTC Drawdowns

11 Apr 2023

A reliable pattern or an illusory correlation?

BTC’s current drawdown and recovery cycle is remarkably similar to the pattern seen in the 2018-19 bear market in terms of length and trajectory. Let's look at some clues from the past.

Friday Focus Cover page

05 Apr 2023

The Friday Focus - Issue 80

Our weekly K33 Research newsletter. This week on a Wednesday!

Friday Focus Cover page

30 Mar 2023

The Friday Focus - Issue 79

American authorities vs. the crypto industry have become a recurring topic in the Friday Focus. And this week is no different. Get the short and sweet rundown in the Friday Focus below.

MicroStrategy bitcoin purchases

28 Mar 2023

What happens when Michael Saylor buys bitcoin?

Spoiler: Prices go up - then down.

Friday Focus Cover page

23 Mar 2023

The Friday Focus - Issue 78

Our weekly K33 Research newsletter.

Friday Focus Cover page

16 Mar 2023

The Friday Focus - Issue 77

Our weekly K33 Research newsletter.

GBTC Discount Mar 14

14 Mar 2023

Grayscale versus SEC

The market reacted positively to Grayscale’s oral hearing versus the SEC last Tuesday, as GBTC’s discounts narrowed. What's next?

The Friday Focus

09 Mar 2023

The Friday Focus - Issue 76

Prominent crypto bank Silvergate enters controlled liquidation, and crypto prices take a tumble. Get up to date on a U.S. heavy news week in our Friday Focus below.

Cover picture

01 Mar 2023

Ultrasound doesn't matter for 'smart blockchain tokens'

In a case where a token's value driver is a stream of willingness to pay for ‘smart’ transactions and with staking, the mechanical inflation becomes irrelevant for a token investor.

Cover picture

26 Feb 2023

A Framework for Evaluating Token Prices

This article is an evergreen – detailing our high-level approach to evaluating fundamental token prices. The article may be updated from time to time as our understanding of token prices evolve.

Year in review 2022

31 Dec 2022

2022 - Year in review

A year of expensive lessons. This report is both a backward-looking review and a forward-looking assessment of what’s to come.