Amberdata

Unlocking Profit: Developing and Backtesting Winning ETH Trading Strategies 🛠️ The report explores how on-chain data, such as stablecoin issuance and Uniswap pool activity, can generate profitable Ethereum (ETH) trading signals. It highlights Amberdata's role in simplifying blockchain data analysis and presents various tested strategies, including a Z-score strategy that performed well in bearish and sideways markets. However, strategies based on correlations between stablecoin issuance and ETH price showed poor results, emphasizing the challenges of oversimplified assumptions. The report underscores the importance of rigorous testing and thoughtful methodology when developing trading strategies leveraging blockchain data. Learn more in this Q4 report ⬇️ https://hubs.la/Q02V9k-g0

AD Derivatives Podcast | Marc Tillement, Director of Data Association at Pyth Network 📶 In the latest episode of the Amberdata Derivatives Podcast hosted by Greg Magadini, CFA, is joined by Marc Tillement, Director of Data Association at Pyth Network, who shares his journey from radio sales/marketing in Hong Kong to the crypto space. He discusses the role of oracles, which connect blockchain networks to real-world data, enabling smart contracts to respond to external events like asset prices or weather conditions. Tillement explains Pyth Network’s distinct approach to oracles, which sources data directly from high-frequency trading firms (HFTs) and exchanges, offering faster, more accurate financial data for DeFi applications. He also highlights Pyth’s innovative Oracle Integrity Staking (OIS), a mechanism to ensure data reliability and provide users with recourse in case of pricing inaccuracies. Watch the full episode in the first comment 🔗

Boston Blockchain Association (BBA) Newsletter - Week of Oct 28th, 2024 📰 This week's BBA newsletter includes Event Replays, Upcoming Events, Digital Money Summit 2025, Corporate Member News, Amberdata's Podcast Episode Featuring Annelise Osborne, at Kadena, and more! Learn more here: https://lnkd.in/g2y25H9C

Amberdata empowers traders in the crypto derivatives space by offering real-time data through AD Derivatives offerings. 🔆 This data supports managing risk, hedging positions, and identifying market opportunities with precision. Derivatives—such as futures, options, and swaps—allow traders to take speculative positions or hedge against adverse market movements, all while utilizing tools like Greeks Analysis and Gamma Exposure to maintain balanced risk exposure. By tracking key metrics such as open interest and trading volume, Amberdata enables traders to stay ahead of volatility, make informed speculative bets, and efficiently manage portfolio risk. Learn more about our offerings in the first comment:

🌎 Navigating the Global Crypto Regulatory Landscape: Key Insights for Investors and Businesses 🌎 In the #DigitalAssets space, understanding the varying #CryptoRegulation landscapes across different jurisdictions is critical for global investors and institutions. While the U.S. presents a complex and fragmented regulatory framework that requires navigation across multiple federal agencies, other nations have adopted more centralized or streamlined approaches. 🇯🇵 Japan stands out for its progressive stance, having legalized Bitcoin as early as 2017. The Financial Services Agency (FSA) ensures stringent oversight by requiring exchanges to adhere to rigorous security standards, thereby promoting innovation while maintaining robust consumer protection. 🇨🇳 China offers a contrasting viewpoint with its restrictive policies, having banned crypto trading, ICOs, and most notably, crypto mining. Despite these prohibitions, China is leading the development of a central bank digital currency (CBDC), the Digital Yuan, which underscores the nation’s strategic interest in maintaining control over digital financial advancements. 🇸🇬 On the other hand, Singapore presents a crypto-friendly regulatory environment that attracts numerous businesses and ICOs. The Monetary Authority of Singapore (MAS) regulates cryptocurrencies as digital payment tokens, emphasizing anti-money laundering (AML) and counter-financing of terrorism (CFT) measures, while fostering innovation. 🇭🇰 Hong Kong provides a more favorable framework separate from mainland China, implementing a licensing system for cryptocurrency exchanges to bolster consumer protection and financial stability. This regulatory clarity is designed to draw institutional investors and support responsible industry growth. 🇪🇺 Lastly, the European Union is moving towards a standardized regulatory approach with its Markets in Crypto-Assets (MiCA) framework, aiming to harmonize crypto regulations across member states. MiCA's focus on consumer protection, market integrity, and financial stability offers a more predictable operating environment compared to the U.S.’s varied state-specific and agency-specific regulations. 🏢 For businesses and investors in the crypto space, staying abreast of these international regulatory frameworks is essential for navigating the complexities of compliance and capitalizing on global opportunities. Amberdata is committed to providing the comprehensive data you need to make informed decisions in this rapidly evolving sector. Explore how our solutions help institutions stay on top of crypto regulations 👇 Need the right data to stay on top of digital asset regulations? We've got you covered in the first comment ⤵️

AD Derivatives Newsletter 🧵 Macro Events 🌍 We’ve got a loaded lineup: 📍 The U.S. election is merely 1-week away from Tuesday 📍 Israel-Iran conflict heating up 📍 Thursday: PCE inflation report (Fed’s go-to measure) 📍 Friday: U.S. employment report 📍 Next Wednesday: FOMC rate decision (After Election) Buckle up – lots of potential for market moves. VIX Spiking 📈 The VIX hit a local high last Friday as traders braced for weekend risk with Middle East tensions. Israel’s large-scale aerial assault on Iranian assets (called “Days of Repentance”) kept nerves high. If VIX keeps climbing, a post-election short-volatility reversion could be an ideal setup. Bitcoin (BTC) Implied Volatility 🎢 BTC’s implied volatility is showing a premium heading into the election – a good opportunity for short-volatility plays on options expiring before Nov 5. BTC Options Skew 📊 BTC call options are showing a +4% premium over puts, mirroring Trump election expectations. Market is clearly pricing in increased BTC demand if the election goes a certain way. BTC Outperforming ETH 🔄 With ETH/BTC downtrend continuing, BTC is likely to outshine ETH around election volatility. An election trade idea? Buy BTC calls, financed by selling ETH calls to capture this divergence. Learn more in this week's newsletter written by Greg Magadini, CFA as we have included insights around Derive (formerly Lyra Foundation), Opyn, and Paradigm! Read the full crypto options newsletter in the first comment:

AD Derivatives Newsletter 🤺 Stay informed on key economic events, market volatility, and crypto market insights as we approach the U.S. election and navigate geopolitical tensions. This week is shaping up to be pivotal across markets, with the U.S. election, heightened Israel-Iran tensions, and key economic data releases on the horizon. The VIX spiked as traders navigated geopolitical risks, notably Israel’s significant aerial response to Iranian aggression. A potential increase in volatility could offer attractive short-volatility reversion trades post-election. In crypto, Bitcoin's implied volatility shows a pre-election premium, signaling a possible short-volatility opportunity for near-term options. The BTC options market is reflecting U.S. election dynamics, with a noticeable call skew indicating expectations favoring a Trump victory. Learn more in this week's crypto options newsletter: https://hubs.la/Q02W1NvD0

Hong Kong FinTech Week 2024 🇭🇰 An inspiring first day at #HKFTW24! We are honored to have seen Mr. Paul Chan, Financial Secretary of Hong Kong SAR visit a few banks at HKFTW. From groundbreaking blockchain and AI solutions to digital assets, HKSTP Pavilion is alive with tech ventures shaping the future of finance!

📢 Crypto Market Highlights - October Edition from this week's Amberdata Snapshot ✅ OpenEden Surpasses $150M TVL! OpenEden's tokenized U.S. Treasury Bills vault hits $150M TVL, driven by institutional investors. Bridging TradFi and DeFi, it offers secure, on-chain access to U.S. Treasury Bills. 🌐 📉 International Monetary Fund Predicts Inflation Easing by 2025  The IMF forecasts inflation to fall to 3.5% by 2025. While risk assets like crypto may benefit, geopolitical risks still loom large. 🌍 💥 Donald Trump's World Liberty Financial (WLFI) Token Launch Struggles Donald Trump's World Liberty Financial token faces slow sales, impacted by strict purchasing requirements and liquidity issues.  Will it bounce back? 🤔 📈 Bitcoin ETFs See Renewed Inflows  Bitcoin ETFs record $500M in net inflows for October, signaling rising institutional interest despite a cautious macro backdrop. 💡 Ethereum ETF Stability  Ethereum ETFs hold steady with $7.57B in assets but still lag behind Bitcoin ETFs as investors favor BTC for now. 🔄 Spot Trading Volumes Rebound  October sees spot trading volumes rise to $20B, recovering from early-month lows. Overall, volumes remain below historical averages. 🚨 Bitcoin Price Action Turns Bullish Bitcoin breaks through key moving averages, showing strong upward momentum as long-term holders accumulate 30K BTC in October! 📈 🔮 Pi Cycle Indicator Signals New Phase The Pi Cycle indicator shows a potential divergence from past trends, signaling a new phase in Bitcoin’s price discovery. Read the full snapshot in the first comment ⤵️

Our most recent podcast interview featured Annelise Osborne, CBO of Kadena 🧠 In this snippet, Annelise explores the language of "blockchain" and "crypto" while mentioning the similarities between TradFi and digital assets. Watch the full Amberdata Podcast episode in the first comment: