Tag: Steno

MicroStrategy’s (MSTR) 300% Premium Relative to its Bitcoin (BTC) Stack Is Unsustainable: Steno Research

MicroStrategy’s (MSTR) 300% Premium Relative to its Bitcoin (BTC) Stack Is Unsustainable: Steno Research

"This conviction is reinforced by the diminishing effects of MicroStrategy's recent stock split," analyst Mads Eberhardt wrote, adding that the launch [...]
Ether (ETH) Is Going to Shine Again, Steno Research Says

Ether (ETH) Is Going to Shine Again, Steno Research Says

There have been three main reasons for bitcoin's recent outperformance over ether. "The impact of U.S. spot ETFs for both bitcoin and ether, the persi [...]
Decentralized Finance (DeFi) Summer Is Making a Comeback, Steno Research Says

Decentralized Finance (DeFi) Summer Is Making a Comeback, Steno Research Says

Still, interest rates are not the only driver behind a comeback in DeFi. There are also crypto-native factors at work. The growth in stablecoin supply [...]
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