Bitcoin’s Institutional Age Gets Underway – CHAINLETTER 24

New Bitcoin Valuation Framework – CHAINLETTER 2O

Dec 22, 2023 | Chainletter

The growth of fees on the Bitcoin Network is a game changer. It also enables a more robust valuation framework, which we present for the first time here. We suggest that the politicians are ready to let the US economy run hot in election year, and look at relative...
Bitcoin’s Institutional Age Gets Underway – CHAINLETTER 24

Have I Missed It (1)? – CHAINLETTER 16

Nov 15, 2023 | Chainletter

The sharp price rises over the last 5 weeks will have many a-gnashin’ and a-wailin’ about whether they’ve missed this move in the crypto market. Bitcoin has risen around 33.5% since the start of September, in a move remarkably uncorrelated with other asset classes....

Bitcoin Decouples From Old And New – CHAINLETTER 14

Oct 26, 2023 | Chainletter

It’s been a seminal week for bitcoin. Not only has it moved sharply higher, but it’s done so while other asset classes have struggled. This makes it harder for investors to ignore. In a time of rising political tensions, we argue that bitcoin stands for peace....