While the price continues its high-level consolidation, we analyse various factors that suggest the speculative froth has largely departed. This creates the perfect preconditions for a leg higher later this year.
Did you know that bitcoin paid for Alexei Navalny’s funeral? Or that it helps educate women in Afghanistan? We look at some ways in which bitcoin has helped people whose freedom has been violated, and draw attention to the idea that even in the West we already live in a surveillance state.
Post the halving, transaction fees have shot up as developers look to improve the functionality of the Bitcoin Network. We look at the impact and consequences of Runes. Brief updates also on NEAR and AVAX.
On the macro front we discuss why the apparent macro calm is unlikely to suppress the long-term argument for gold and bitcoin.
• Technical analysis The froth has departed and the smart money returns
• On-Chain Long term holders slow their profit-taking, fees fly higher post halving.
• Macro Generational movement in wealth will boost digital assets, higher inflation mean tough choices ahead
• Ethos Human Rights and Bitcoin
• Cryptoverse Introduction to Runes, updates on NEAR and AVAX