Amberdata Digital Asset Snapshot: ETFs, Regulatory Moves, & Institutional Shifts This week's Digital Asset Snapshot was characterized by significant regulatory developments and institutional positioning shifts that highlighted the crypto market's evolving maturity amid persistent volatility. Major milestones included the approval of first-ever XRP and Dogecoin ETFs marking unprecedented altcoin mainstream access, Tether's launch of USA₮ to comply with new U.S. stablecoin regulations demonstrating adaptation to regulatory clarity, and Gemini's successful $4.4 billion Nasdaq debut signaling continued traditional finance integration.
Amberdata Derivatives Newsletter: Fed Rate Cuts, Market Moves, and Crypto Insights Last week’s economic data set the stage for key Fed decisions this week. Markets and crypto are positioning for potential rate cuts, while volatility remains historically low. Investors are watching for any surprises that could shift momentum across digital assets and broader markets. Learn more in this week's Amberdata Derivatives Newsletter:
Beyond the Spread: Understanding Market Impact and Execution Researcher's Note: This analysis examines 50,526 minutes of orderbook data from Binance's BTC/FDUSD market between July 1 and August 12, 2025, focusing on execution dynamics for orders from $1 million to $15 million. The dataset reveals correlations between depth, quality scores, and market impact, while testing whether imbalances predict price movements. This research provides quantitative frameworks for large order execution in modern electronic markets.