Mar 9, 2026 | Chainletter
Bitcoin priced in gold has fallen further in this downcycle than in either of the previous two. In terms of the world’s oldest money, this is the worst crash in bitcoin’s history. It absolutely makes sense to de-risk a gold position by adding to BTC.
Feb 17, 2026 | Chainletter
Bitcoin started its journey as a form of money and has angled towards becoming a tech platform. Ethereum has moved precisely in the opposite direction. That could turn out to be a more interesting proposition.
Jan 26, 2026 | Chainletter
A discussion of why bitcoin’s incorrect categorisation as “digital gold” is turning out to be highly problematic. The recent, sudden and unexpected underperformance of bitcoin, not just relative to the broad world of other financial assets but also...
Jan 26, 2026 | Chainletter
We reiterate our view that we are scraping the lows of this bitcoin cycle. Regulatory structures are being put in place for a tokenisation revolution, and the smashed up altcoin world is finally offering up some bargains. Wishing you a wonderful 2026. Technical: Gold...
Dec 15, 2025 | Chainletter
A look at what has held crypto back in 2025, and what propels it forward in 2026 Bitcoin peaked in November 2024…against gold We examine the main fears and opportunities for bitcoin Ethereum looks promising on a relative basis A year of altcoin catastrophe, but...
