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Dollars To Crypto: What Is The Future Of Fiat On-Ramps? - Kaiko Research: Data Debrief

Date 06/03/2023

Welcome to the Data Debrief! Markets are steady to start the week after a volatile Friday in reaction to the closure of SEN, Silvergate's instant payment network. In other news, the SEC has its eyes set on Binance.US, the Shanghai upgrade on Goerli testnet got a launch date, and Yuga Labs released an ordinals NFT collection. On the data side, we explore: 

 

  • Tether's all time high dominance vs. the dollar. 
  • Rising interest in altcoins as measured by trade volume.
  • Strong inflows into crypto ETFs.

 

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