Big news coming out of El Salvador today as their congress has approved Bitcoin as legal tender and plans to hold at least $150 million in reserves.
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Altcoins were pumping, Bitcoin was trading sideways as dominance fell, and leverage was piling up. I was hearing from many newcomers to crypto that DOG…
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Bitcoin has been experiencing an intense drawdown the past week. Inflows into exchanges have been increasing, particularly from short-term investors. T…
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The Puell Multiple is calculated by taking the daily issuance of Bitcoin (in USD) and dividing by the 365-day moving average of daily issuance value (i…
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Explaining Bitcoin as a non-sovereign, permissionless, hard-capped supply, global, immutable, decentralized, digital store of value can go way over peo…
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Technical analysis is great for trading through trends, however on-chain metrics tell us the full story over a longer term picture. The recent correcti…
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Coin Years Destroyed (CYD) is the rolling sum of BDD (or CDD) over a 365 day period. It shows the amount of coin days destroyed over the past year. Thi…
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Over the weekend the Bitcoin price took a substantial nosedive that had many speculators calling for a top in the cycle. Like always, we can never be 1…
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The Bitcoin open interest is the total number of outstanding Bitcoin derivative contracts, such as options or futures that have not been settled. When …
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What creates inflation? An increase in money supply and velocity of money. If money is printed but it is not circulated through the economy by people s…
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The Pi Cycle Top Indicator was created by Philip Swift. It’s a very simple indicator to use and has been reliable in picking out market cycle tops with…
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The next two newsletters this week will cover two metrics that are starting to reach levels that could indicate a Bitcoin cycle top is near. Today, we …
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