In this report, we dig into Bitcoin’s outlook as BTC enters back into the limelight after taking a backseat...

In Comet there are 3 steps in consensus: propose, pre-commit, and commit....The more validators you have, the longer it takes to propagate data to all of them and get 2/3 to commit...Then another round “3” runs later, again committing new blocks (X3) with referenced certificates.

More than 300K users disappeared in a few weeks as the price of BTC stalled out....to a massive influx of capital, and now gold is trading at $2000 an ounce, an increase of more than 3x...the team inscribed between 89 and 34,399....The three items sold for between $101K and $241K – 3x-5x what Sotheby’s estimated they would sell for...

Long-term value potential and analysis of Bitcoin...

I had the privilege of presenting at CoinDesk’s Bitcoin for Advisors conference earlier this week....The title of the session was “Global Macro Outlook and What It Means for Bitcoin”; needless to say I...Slide 2: Dearth of NON-SOVEREIGN Safe Havens There’s much debate over the impact of >$3.5T in net..., “Global Macro Outlook and What It Means for Bitcoin”.

Insights from the Bitcoin options market.

Is Bitcoin Eating the World?...benefits when BTC is down 20-30% while the rest of their clients’ portfolios are ripping higher....was only down ~31% year-to-date....As I’m writing this BTC is down 3-4% on the day alongside stocks, gold, bonds, and asset prices generally...Bitcoin, however, is new to most.

...added ~$340 billion in total market value over the same period....Bitcoin wasted no time in the new year, kicking off 2021 with a +35% gain in its first week of trading...Which is why Bitcoin is so fascinating to them....Bitcoin Running Ahead of Schedule Bitcoin wasted no time in the new year, kicking off 2021 with a +35%...

Chart of The Day: UST is Now a Top 3 Stablecoin UST’s growth has been remarkable in 2022, expanding...It now has an estimated market cap of >$600M, almost similar to Azuki which launched 3 months ago....through inflation, it has some drawbacks, namely: SOL is locked and requires a cooldown period of 2-3...

ETH and BTC are up 5% and 2% respectively, while CRV and DOGE lead the way up 30% each....Key Takeaways The MVRV ratio is a on-chain metric that measures Bitcoin’s market value (MV) against...Realized value was conceptualized by David Puell and Murad Mahmudov, and it values the Bitcoin network...A look into key data points for Bitcoin and what they say.

Something to watch for going forward… Bitcoin’s initial price drop following the CPI release triggered...a resurgence in memes mocking those who put their faith in bitcoin as an inflation hedge....Bitcoin is Not an Inflation Hedge It’s easy to point fingers in hindsight....So what does the short to medium-term look like for bitcoin price action?

In approximately 320 days, Bitcoin’s block rewards will be halved from 6.25 BTC per block to 3.125....As Bitcoin is the largest coin by market cap, a strong Bitcoin often acts as a tailwind for the broader...Bitcoin may only appreciate 35%-54% after the upcoming halvening....be bearish in Bitcoin’s case.

To mitigate the issues at hand, over the weekend the Balancer community proposed and pushed through 3...Post-proposal early results: The proposals have been viewed favorably by the market with the price of BAL up 32%...

As I said on @SquawkCNBC this morning, the supply/demand dynamic in bitcoin right now is off-the-hook...$IBIT led w $3.3b of it, Fidelity did $1.4b (both double their prev records)....Bitcoin is the cool kid on the block again…much to the dismay of gold bugs.  ...broke above similar retracement levels back in November 2020 — before proceeding to return another +300%...

At just over 3,000 words, many overlooked it as another obscure Cypherpunk blog post....Visions of Bitcoin Along with the ebbs and flows of Bitcoin’s narrative, Bitcoin the asset has gone through...10 largest crypto assets (Dec. 2018) In other words, we thought it was the perfect time to drop a 60-page...

The start of December has disappointed many bitcoin hodlers who thought BTC would be halfway to $30k...Bitcoin reacted similarly after putting in a new all-time closing high back in Feb. 2017; it fell more...“Declining market volatility, easing financial conditions, and a weaker USD” are all fodder for bitcoin...

For more in-depth detail and context, be sure to check out our latest Bitcoin Outlook published just...Seasonality Struggles The early months of a new year are typically the most challenging for bitcoin,...But working off the data we do have, the argument for bitcoin’s Q1 weakness is likely two-fold.

Bitcoin is on pace for its best day in over five weeks on the back of its +10% surge in the last 18 hours...Bitcoin was trading around $7,200 at the time, equating to a +20% gain since....ve seen a steady decline in expected vol for risk assets like equities, which tends to bode well for bitcoin...

On-chain analysis, market indicators, and cycle comparisons to understand the current state of Bitcoin...