Bitcoin Marketcap

$917B

Gold Marketcap

$10.55T

BTC Settlement Volume (24hr)

$13.48B

BTC Inflation Rate (next 1yr)

1.80%

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KEY MARKETS

24hr change

Bitcoin

$49,199  πŸ“ˆ

+$157.30

+0.32%


S&P 500

3,876  πŸ“‰

-22.08

-0.57%


Gold

$1,735  πŸ“ˆ

+$19.78

+1.15%


Silver

$26.66  πŸ“ˆ

+$0.54

+2.06%


Euro

$1.2084  πŸ“ˆ

+$0.01

+0.55%


Yen

Β₯106.84  πŸ“ˆ

+Β₯0.07

+0.06%


Renminbi (CNY)

Β₯6.4648   

-Β₯0.01

-0.13%


Oil (WTI)

$59.94  πŸ“‰

-$0.01

-0.02%


BITCOIN STATS

Bitcoin Marketcap

$917B


BTC Inflation Rate (next 1yr)

1.80%


% Supply Issued

88.77%


BTC Settlement Volume (24hr)

$13.48B


Real Exchange Volume (24hr)

$7.44B


Active Addresses

1.07M


Mining Reward Value (24hr)

$45.0M


GBTC Premium

-2.06%


MSTR Premium

42.34%


BTC Down From ATH

15.42%


BTC Up From Cycle Low

13.95%


RATES & YIELDS

24hr change

UST 3mo

0.05%  πŸ“ˆ

+0.01

+25.00%


UST 2yr

0.14%  πŸ“‰

-0.03

-17.65%


UST 10yr

1.44%  πŸ“‰

-0.1

-6.49%


UST 30yr

2.17%  πŸ“‰

-0.16

-6.87%


Fed Funds (EFFR)

0.07%  πŸ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

11.49x   

+0.09

+0.80%


M2:BTC (marketcap)

21.16x   

-0.07

-0.31%


BTC:Oil (price)

820.80x   

+2.60

+0.32%


Gold:Oil (price)

28.95x   

+0.34

+1.18%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.59T  πŸ“ˆ

+$185B

+2.50%


M1 Money Supply

$6.81T  πŸ“ˆ

+$13.80B

+0.20%


M2 Money Supply

$19.41T  πŸ“‰

 

-0.68%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+462%

+6%

+26%

2 year:

+1,205%

+34%

+39%

3 year:

+328%

+31%

+44%

4 year:

+3,796%

+42%

+63%

5 year:

+12,100%

+37%

+94%

6 year:

+18,009%

+47%

+86%

7 year:

+7,252%

+29%

+107%

8 year:

+128,208%

+10%

+153%

9 year:

+1,003,964%

+2%

+186%

10 year:

+5,530,938%

+21%

+194%

Data Source: Messari.io, bitcoincharts.com

What is it: This shows bitcoin's ROI vs other potential inflation hedge assets.

Why it matters: As with the historical bitcoin price table, we see bitcoin's extreme outperformance vs other assets here as well. Bitcoin's relatively small size, plus fundamental properties, yield extreme outperformance when even relatively small funds-flows find their way to BTC.

BTC DAYS ABOVE PRICE

Bitcoin Price Closing History by Level

Days Bitcoin Closed Above:

Price

Days Above

% of Bitcoin's Life

$50,000

6

0.14%

$49,244

8

0.18%

$40,000

25

0.56%

$30,000

60

1.35%

$20,000

77

1.73%

$10,000

382

8.60%

Data Sources: Messari.io, bitcoincharts.com

What is it: This the number of days in which bitcoin "closed" (trading level at midnight UTC) above various price levels.

Why it matters: This can give a sense of where bitcoin is currently trading relative to past cycles.

SHARPE 5yr

DOUBLING TIME

THE BITCOIN LIBRARY

31 Oct 2008 | Satoshi Nakamoto | Price when published: (n/a)

Bitcoin: A Peer-to-Peer Electronic Cash System

Filed under: topic icon technology  medium icon reports

Satoshi Nakamoto's 9-page whitepaper describes a novel approach for combining various existing cryptographic techniques in order to solve previously unsolved problems in digital money. Specifically, Satoshi solved both the "double spending problem", and issues pertaining to inflation and initial distribution of the money supply by creating novel incentive structures for participants in the system. This was as much a game-theory and human-incentivization breakthrough as it was technical insight.

This paper is both short, and fairly approachable even for non-technical audiences. A must read.

EXCERPT

Abstract. A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution. Digital signatures provide part of the solution, but the main
benefits are lost if a trusted third party is still required to prevent double-spending.
We propose a solution to the double-spending problem using a peer-to-peer network.
The network timestamps transactions by hashing them into an ongoing chain of
hash-based proof-of-work, forming a record that cannot be changed without redoing
the proof-of-work. The longest chain not only serves as proof of the sequence of
events witnessed, but proof that it came from the largest pool of CPU power. As
long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they'll generate the longest chain and outpace attackers. The
network itself requires minimal structure. Messages are broadcast on a best effort
basis, and nodes can leave and rejoin the network at will, accepting the longest
proof-of-work chain as proof of what happened while they were gone.


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