At $29K, Bitcoin’s on-chain fundamentals are not too hot and not too cold. They are just right. Most on-chain fundamentals suggest......

The failures of the Federal Reserve in managing the value of money and the failures of the banking system to safeguard assets has once...

This newsletter explores a taboo topic. The idea of the impossible, a soft landing. How could the Federal Reserve possibly go from zero interest...

Bitcoin’s deep value is slipping away and in its place a new market structure is emerging. A new regime....

We believe the 2020s will be the decade of hard money, much like the 1970s was. Leaving stocks in the dust. If you agree,...

The crypto world was shaken to the core in November as top three exchange FTX was exposed as the biggest fraud since Bernie Madoff...

We crack open the rarest of Bitcoin value metric readings you can count on one hand every 5 years. We dive into the troubling...

This month we deep dive into the macro and make the case for the Fed Pivot being just around the corner. We explain why...

Fear struck the market again with a blunt Fed speech. The broader Bitcoin fundamental picture remains in a consistent value region and we can...

This issue we deep dive into the many Bitcoin and macro metrics showing signs of capitulation. The raw count of evidence for cyclical capitulation...