To be sure all our Institutional members were able to benefit from the open conversations with strong teams building and investing in the space, we’re sharing a transcript of the first official AMA we...

MAY 2026 HIP-4: A New Way To Express A Bet​ Abstract HIP-4 introduces a new contract type that lets...Payoff Shape​ ​ HIP-4: A New Way To Express A Bet​ Delphi Digital | 05 Who Wins on HIP-4?...7% $70M 6% $60M 5% $50M 4% $40M 3% $30M 2% $20M 1% $10M 0% $0 Illustrative HIP-4 Revenues...

In 2022, Bitcoin’s FRM hovered between 40x-120x, meaning Bitcoin would need between 40 and 120 times...In 2023, the FRM plummeted from 80x to between 12x and 40x, closer to how Bitcoin was between 2020-2021...Bitcoin doesn’t yet have the fee pressure to replace the almost 450 BTC reduction per day that the Halving...

2 20 3 2 20 5 2 20 7 2 20 9 3 20 1 3 20 3 3 20 5 3 20 7 3 20 9 4 20 1 4 20 3 4 20 5 4 21 7 39 Estimated...2 01 7/ 4/2 4 18 01 5 1/ /20 9 15 7/ /20 12 2/ 16 /2 20 1 6/ 4/2 6 1 01 12 7/2 6 /9 01 7 6/ /20 11 2/...(See Page 24) Bitcoin Core developers prefer soft forks for upgrades which make this less of a concern...

15, 2021 Yearn has completed another YFI buyback Yearn has purchased an additional 8.15 YFI for $408K...Insights from the Bitcoin options market.

Is Bitcoin Eating the World?...Coincidently, the price of crude oil was off more than 40% from where it started the year; global equities...Bitcoin was not the only asset taking a hit....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.

Key Takeaways Bitcoin is capturing the mind share of younger generations because of its volatility and...Some argue bitcoin’s latest parabolic move is stealing market share from gold but that’s only the tip...Which is why Bitcoin is so fascinating to them....market for gold-backed ETFs (and similar products) but they do make up a substantial portion of it (~47%...

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...Bitcoin’s investor adoption curve is one we’ll be watching closely for years to come...., “Global Macro Outlook and What It Means for Bitcoin”.

As I said on @SquawkCNBC this morning, the supply/demand dynamic in bitcoin right now is off-the-hook...Bitcoin is the cool kid on the block again…much to the dismay of gold bugs.  ...BTC is still ~10% off its all-time high in USD terms, whereas its market cap is within 4% of its respective...

10 largest crypto assets (Dec. 2018) In other words, we thought it was the perfect time to drop a 60-page...We used a standard 60/40 portfolio as the benchmark to compare it to our original analysis....would’ve generated superior risk-adjusted returns with a CAGR over 200bps higher than a standard 60/40...

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...However, it’s important to note that the Bitcoin market is a completely different animal today than it...A look into key data points for Bitcoin and what they say.

[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-On-the-Move-4-27-2020.pdf...” title=”Macro – Bitcoin On the Move – 4 27 2020″]...cid=516a1f68-7b95-4229-9bd0-d955b2c257bf#/main 1/6 7/7/2020 Bitcoin On the Move Additionally, in...

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?

[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Consolidates-as-Macro-Backdrop-Strengthens...-7-15-2019.pdf” title=”Macro – Bitcoin Consolidates as Macro Backdrop Strengthens – 7 15 2019″]...Sources: Coinbase, CryptoCap, TradingView 4 Research July 15th, 2019 Many Crypto Assets on Shaky...

But the block rewards halve every 4 years, from 50 to 25 to 12.5, to 6.25 and so on....This suggests a halvening’s effect on Bitcoin diminishes 4x-6x with each successive halvening — meaning...of 46 BTC in 2023....On the same day, Bitcoin recorded 400 BTC in fees. The next day, Bitcoin recorded 645 BTC in fees!

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.

However, note that this includes newer experimental token standards like BRC-420, ARC-20, and bitRC-20...At the time of writing, the number of cumulative Ordinals users reached its highest point at 468.3K....character Rune names will be available, with a gradual release of shorter names (1 character less every 4...Introduction Bitcoin is having its moment in the sun.

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....Projected Halving Date (as of 4.27.20) It’s important to...

2 20 3 2 20 5 2 20 7 2 20 9 3 20 1 3 20 3 3 20 5 3 20 7 3 20 9 4 20 1 4 20 3 4 20 5 4 21 7 39 Estimated...2 01 7/ 4/2 4 18 01 5 1/ /20 9 15 7/ /20 12 2/ 16 /2 20 1 6/ 4/2 6 1 01 12 7/2 6 /9 01 7 6/ /20 11 2/...(See Page 24) Bitcoin Core developers prefer soft forks for upgrades which make this less of a concern...

Eighteen months after our inaugural State of Bitcoin report and our conviction in the long-term value...proposition of Bitcoin is as strong as ever....We strongly believe Bitcoin offers several key advantages over traditional safe haven assets, which will...Within The State of Bitcoin 2020, our team dives into all this and more!