Bitcoin Marketcap

$1.85T

Gold Marketcap

$15.95T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$97,868  📈

+$5,479

+5.93%


S&P 500

5,911  📈

+40.46

+0.69%


Gold

$2,623  📈

+$19.82

+0.76%


Silver

$29.52  📈

+$0.69

+2.40%


Euro

$1.0430  📈

+$0.00

+0.46%


Yen

¥156.42  📉

-¥0.36

-0.23%


Renminbi (CNY)

¥7.2964   

-¥0

-0.03%


Oil (WTI)

$69.57  📈

+$1.02

+1.49%


BITCOIN STATS

Bitcoin Marketcap

$1.85T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$47.15B


Active Addresses

1.02M


Mining Reward Value (24hr)

$90.0M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

9.26%


BTC Up From Cycle Low

6.54%


RATES & YIELDS

24hr change

UST 3mo

4.35%  📉

-0.01

-0.23%


UST 2yr

4.35%  📈

+0.10

+2.35%


UST 10yr

4.50%  📈

+0.10

+2.27%


UST 30yr

4.65%  📈

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  📉

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  📈

+0

0%


Real Rate (10yr)

2.21%  📈

+0.13

+6.25%


RATIOS

24hr change

Gold:BTC (marketcap)

8.62x   

-0.44

-4.88%


M2:BTC (marketcap)

11.50x   

-0.68

-5.55%


BTC:Oil (price)

1,408x   

+59.09

+4.38%


Gold:Oil (price)

37.71x   

-0.28

-0.74%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  📉

 

-0.5%


M1 Money Supply

$18.24T  📈

+$86.00B

+0.47%


M2 Money Supply

$21.31T  📈

+$90.00B

+0.42%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+124%

+28%

+25%

2 year:

+484%

+46%

+55%

3 year:

+97%

+45%

+26%

4 year:

+317%

+40%

+60%

5 year:

+1,249%

+77%

+83%

6 year:

+2,374%

+109%

+149%

7 year:

+586%

+106%

+120%

8 year:

+10,762%

+132%

+161%

9 year:

+21,441%

+144%

+187%

10 year:

+29,727%

+123%

+184%

11 year:

+14,807%

+117%

+223%

12 year:

+732,975%

+58%

+315%

13 year:

+2.4 million%

+63%

+367%

14 year:

+38 million%

+90%

+371%

https://casebitcoin.com

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

$100,000

9

0.15%

$97,868

15

0.26%

$90,000

36

0.62%

$80,000

41

0.70%

$50,000

450

7.72%

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

7 Apr 2021 | Preston Pysh, Andrew Fursman | Price when published: $56,985 (ROI since: +71.67%)

BTC020: Bitcoin & Quantum Computing

Filed under: topic icon technology  medium icon podcasts

This episode dives into what quantum computers are, roughly how they work, the current state of the art, and the theoretical and engineering challenges in scaling them up in order for them to be useful in practice.

Critically in terms of relevance to Bitcoin, this conversation defines what's necessary for quantum computing technology to have an impact on Bitcoin's digital signature scheme, as well as mining efficiency. In short, the basic idea of quantum computing has been theoretically proven, but the technology is nowhere close to practical application with respect to bitcoin; ie, many more orders of magnitude of advance must occur than is often assumed from reading certain headlines about the progress of quantum computers at IBM, Google, etc.

Additionally, this episode discusses potential practical applications of quantum computers that will likely happen well in advance of applicability to Bitcoin. This episode is a must-listen for anyone who wants to get up to speed on the state of the art of quantum computing as it pertains to Bitcoin.

EXCERPT

...


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