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"After hitting an all-time high last week on the heels of regulatory approvals, BTC has seen a small pullback partially driven by leveraged liquidations of open interested positions. The other reason – Crypto Fear and Greed Index is nearing all-time highs last seen in Q1’20 – this had led to a rotation from BTC to alt-coins causing a drop in BTC dominance. Investors are starting to make bets on riskier coins hoping that the recent positive momentum in the space will fuel alt-season. Look no further than the memes.
We believe it’s too early to worry about a pullback since the overall market momentum seems positive and is supported by strong and continued innovation in the space (memes aside)."
-Harsharn Singh, Investment Associate @ Ember Fund
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June 27, 2022
Happy Monday, everyone! In this edition of Ember Nuggets, we'll be covering the fallout of CeFi crypto platforms, a quick look into Web3 cell phones, and a macro market update.
June 24, 2022
Thank you to everyone who has participated in the third season of the mining program! The Ember team is proud to announce the start of Mining Season 4!
June 22, 2022
Welcome to the May recap! It's been a wild month in the space, but we remain bullish on the long-term outlook.