Bitcoin’s burst through US$40,000 has triggered wider interest in the asset class. Where does it go from here? What names are we looking at among the altcoins and how are they performing? HODL waves show that a growing proportion of bitcoin owners are here for the long term, and the on-chain metrics remain strong. The end logic of Triffin’s Dilemma suggests Bitcoin is perfectly suited as the global reserve asset. Although not yet. Are liquidity conditions supportive of rate cuts? We also ask whether bitcoin ETFs are necessarily a “good thing” for the underlying crypto ethos. Or are they a necessary evil?
- Technical analysis Through US$40k and into the Cluster of Indecision
- On-Chain HODL waves tell us there are more long-term holders
- Macro Triffin’s dilemma, and is the bond market being premature?
- Ethos Are ETFs a “good thing”?
- Cryptoverse AVAX, NEAR and LINK updates
