Overview
Kairon Labs is a crypto market making firm offering premier market making services for digital asset issuers, cryptocurrencies, and tokens using algorithmic trading software.
Key people
In the news
- Binance was hacked for $6.3bn, Brent hit a six-month high after a Hormuz tanker incident, every major central bank held without offering December guidance, and BTC lost the $80k floor. This week, US midterms and October payrolls bookend a calendar that will set the market’s direction into year-end. Full update below.
- Meta raised capex guidance again with no revenue story to match it, Nasdaq had its worst session since June, and BTC broke below $80k support. This week the FOMC and Microsoft, Alphabet and Amazon earnings all land in the same window. The market's direction for the rest of October likely gets decided on Wednesday. Full update below.
- Hot CPI, a PPI beat, and CoreWeave's CDS spread blowing past 1,100 basis points shifted the conversation from Fed hikes to whether debt-funded AI infrastructure is the next systemic pressure point. BTC held $80k through all of it. This week Meta's data centre guidance on Wednesday could move the entire market. Full update below.
- Last week our BD team attended TOKEN2049 in Singapore 🇸🇬 Always one of the standout events in the crypto calendar. The conversations this year reflected a market with serious demand for institutional liquidity. Great week for the team, connecting with our partners and network.
- September FOMC minutes revealed internal dissent that the press conference never showed — October hike odds collapsed from 62% to 17% in three weeks. This week's CPI and Warsh's first major speech since Jackson Hole will determine whether that repricing holds. And for BTC, $87k is the level that has rejected price every time. Full update below.
- Hormuz rejections sent Brent crude sharply higher, Bitget was hacked, and BTC gave back ground to retest $82.8k amid cross-asset deleveraging. This week's PCE and NFP together are the cleanest binary of Q3 and the market is not fully pricing what a hot print on both would mean for the second dot plot hike. Full update below.
- The Clarity Act stalled, the Fed hiked and signalled more to come, and BTC absorbed both and closed the week higher. $83k cleared this morning. This week's update breaks down what last week's resilience is signalling and why Friday's quarterly options expiry is the most important near-term event for crypto.
- NFP printed 162k against a 55k consensus — Warsh now has all the cover he needs for September. But with ISM softening and consumer confidence slipping, this week's CPI is the last variable that could change the calculus. For BTC, it's the binary between $82k and $75k. Full update below!
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