# Research

Original crypto research on Bitcoin halvings, altcoin risk, funding rates, listings and token unlocks, with historical data, sources and limitations.

## [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](https://whycoinmoves.com/en/research/hourly-returns-and-bitcoin-beta.md)

Compare hourly returns, volatility and Bitcoin beta for BTC, ETH, SOL and DOGE using OKX spot data, with sample counts and a separate live baseline.

Evidence scope: 2025-10-01T00:00:00Z/2026-09-24T06:00:00Z

[JSON / source fingerprints](https://whycoinmoves.com/en/research/hourly-returns-and-bitcoin-beta.json)

## [Does crypto news move prices or follow them? A timestamp audit](https://whycoinmoves.com/en/research/announcement-timestamps-and-causality.md)

Does crypto news lag price moves? An audit of 3,109 OKX announcements explains publication dates, first-seen times and the limits of causal claims.

Evidence scope: 2026-10-07

[JSON / source fingerprints](https://whycoinmoves.com/en/research/announcement-timestamps-and-causality.json)

## [Crypto liquidity and order book depth: a historical data audit](https://whycoinmoves.com/en/research/order-book-data-quality.md)

An audit of 315 Binance perpetual order-book asset-days retained 297. Learn why complete-looking depth data can mislead crypto liquidity research.

Evidence scope: 2023-01/2025-11

[JSON / source fingerprints](https://whycoinmoves.com/en/research/order-book-data-quality.json)

## [Perpetual funding rates and annualized yield: a 2025 comparison](https://whycoinmoves.com/en/research/funding-rates-versus-investor-returns.md)

Compare 2025 Binance perpetual funding rates for BTC, ETH, SOL and BNB. Funding-rate totals differ from account returns and guaranteed annual yield.

Evidence scope: 2025-01-01/2025-12-31

[JSON / source fingerprints](https://whycoinmoves.com/en/research/funding-rates-versus-investor-returns.json)

## [Is crypto day trading profitable? Evaluating big-return claims](https://whycoinmoves.com/en/research/day-trading-profit-claims.md)

Can crypto day traders really multiply their money? Learn what profit screenshots, leverage, account records and drawdowns can and cannot prove.

Evidence scope: 2026-10-20

[JSON / source fingerprints](https://whycoinmoves.com/en/research/day-trading-profit-claims.json)

## [Bitcoin halving and bull markets: evidence from four halvings](https://whycoinmoves.com/en/research/bitcoin-halving-and-market-cycles.md)

Compare Bitcoin returns and drawdowns around four halvings. Positive one-year endpoints in this sample do not prove that halving alone causes a bull market.

Evidence scope: 2011-11-29/2025-04-20

[JSON / source fingerprints](https://whycoinmoves.com/en/research/bitcoin-halving-and-market-cycles.json)

## [Bittensor (TAO): Bitcoin beta, volatility and the AI crypto narrative](https://whycoinmoves.com/en/research/tao-bitcoin-risk-and-ai-narrative.md)

Study Bittensor TAO volatility and Bitcoin beta using Binance spot data. Separate the AI crypto narrative, network activity and token-holder value.

Evidence scope: 2024-04-13/2026-09-30

[JSON / source fingerprints](https://whycoinmoves.com/en/research/tao-bitcoin-risk-and-ai-narrative.json)

## [ONDO and RWA tokenization: does growth benefit token holders?](https://whycoinmoves.com/en/research/ondo-rwa-growth-and-token-rights.md)

Does real-world asset tokenization benefit ONDO holders? Compare ONDO, USDY and OUSG roles with a 28-month historical circulation-and-return sample.

Evidence scope: 2024-03/2026-08

[JSON / source fingerprints](https://whycoinmoves.com/en/research/ondo-rwa-growth-and-token-rights.json)

## [BNB spot and perpetual hedging: airdrops, funding and yield risks](https://whycoinmoves.com/en/research/bnb-spot-perpetual-hedge-and-airdrops.md)

Review BNB spot–perpetual hedging, Binance HODLer Airdrops and Launchpool. Price-neutral exposure does not lock funding, rewards or net annual yield.

Evidence scope: 2026-10-20

[JSON / source fingerprints](https://whycoinmoves.com/en/research/bnb-spot-perpetual-hedge-and-airdrops.json)

## [QQQ MACD backtests: is a 20% annual return reliable?](https://whycoinmoves.com/en/research/qqq-macd-and-twenty-percent-claims.md)

Can a QQQ MACD momentum model reliably earn 20% a year? Compare the archived backtest summaries with buy-and-hold returns and drawdowns.

Evidence scope: 1999-03-11/2026-10-09

[JSON / source fingerprints](https://whycoinmoves.com/en/research/qqq-macd-and-twenty-percent-claims.json)

## [CHZ and fan tokens: World Cup and EURO price performance](https://whycoinmoves.com/en/research/chz-football-tournaments-and-return-claims.md)

Study Chiliz CHZ around four World Cup and EURO dates. Historical price comparisons do not support guaranteed tournament profits or fixed annual opportunities.

Evidence scope: 2021-06-11/2026-07-19

[JSON / source fingerprints](https://whycoinmoves.com/en/research/chz-football-tournaments-and-return-claims.json)

## [Bitcoin institutional adoption: CME, spot ETFs and SPY correlation](https://whycoinmoves.com/en/research/bitcoin-market-structure-and-institutional-access.md)

Research Bitcoin institutional access, CME futures, spot ETFs, BTC–SPY correlation and trading-hour activity, with historical data and explicit causal limits.

Evidence scope: 2011-01-01/2025-12-31

[JSON / source fingerprints](https://whycoinmoves.com/en/research/bitcoin-market-structure-and-institutional-access.json)

## [Crypto listing and delisting effects: an OKX price study](https://whycoinmoves.com/en/research/exchange-listing-and-delisting-price-reactions.md)

Study crypto listing and delisting effects with OKX announcement coverage and a 43-row spot price panel. Timing uncertainty and missing markets limit conclusions.

Evidence scope: 2023-03/2026-10-01

[JSON / source fingerprints](https://whycoinmoves.com/en/research/exchange-listing-and-delisting-price-reactions.json)

## [Monero XMR and Zcash ZEC: delistings, liquidity and USD vs USDT](https://whycoinmoves.com/en/research/privacy-coin-delistings-and-quote-currency-isolation.md)

Read Monero XMR and Zcash ZEC market data after delisting notices. Separate regional access, venue liquidity and USD versus USDT price exposure.

Evidence scope: 2023-05-25/2026-09-23

[JSON / source fingerprints](https://whycoinmoves.com/en/research/privacy-coin-delistings-and-quote-currency-isolation.json)

## [XRP lawsuit and Ethereum ETFs: reading SEC filings and rulings](https://whycoinmoves.com/en/research/regulatory-filings-versus-media-headlines.md)

Understand XRP lawsuit stages and Ethereum ETF filings: 19b-4 approval, S-1 effectiveness and appeal dismissal establish different facts.

Evidence scope: 2023-07-13/2025-08-07

[JSON / source fingerprints](https://whycoinmoves.com/en/research/regulatory-filings-versus-media-headlines.json)

## [Do token unlocks lower prices? SUI, SOL and high FDV claims](https://whycoinmoves.com/en/research/token-unlocks-fdv-and-supply-schedule-claims.md)

Examine SUI token unlock dates, SOL supply differences and fully diluted valuation (FDV). A 73-day BTC comparison does not establish inevitable price declines.

Evidence scope: 2023-01-01/2026-09-23

[JSON / source fingerprints](https://whycoinmoves.com/en/research/token-unlocks-fdv-and-supply-schedule-claims.json)

## [Crypto hacks and price impact: Bybit and Cetus case studies](https://whycoinmoves.com/en/research/crypto-security-exploits-and-evidence-evolution.md)

Review the Bybit hack and Cetus exploit using dated official accounts and ETH, SUI and BTC prices. Separate incident losses, frozen funds and completed recovery.

Evidence scope: 2025-02-21/2025-05-27

[JSON / source fingerprints](https://whycoinmoves.com/en/research/crypto-security-exploits-and-evidence-evolution.json)