Bitcoin Marketcap
$1.21T
Gold Marketcap
$14.14T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$1.21T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$26.43B
Active Addresses
1.02M
Mining Reward Value (24hr)
$58.5M
GBTC Premium
263.07%
MSTR Premium
70.25%
BTC Down From ATH
13.40%
BTC Up From Cycle Low
7.08%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.69x
+0.47
+4.18%
M2:BTC (marketcap)
17.24x
+0.67
+4.08%
BTC:Oil (price)
773.52x
-26.16
-3.27%
Gold:Oil (price)
28.13x
+0.24
+0.85%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
+126%
+17%
+24%
2 year:
+66%
+23%
+20%
3 year:
+24%
+31%
+21%
4 year:
+725%
+34%
+78%
5 year:
+1,140%
+81%
+71%
6 year:
+604%
+76%
+88%
7 year:
+4,711%
+84%
+111%
8 year:
+13,966%
+86%
+141%
9 year:
+28,318%
+92%
+139%
10 year:
+14,527%
+79%
+169%
11 year:
+45,873%
+60%
+218%
12 year:
+1.3 million%
+40%
+260%
13 year:
+2.0 million%
+50%
+269%
14 year:
+2.1 billion%
+99%
+321%
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
$70,000
10
0.18%
$63,962
53
0.95%
$60,000
97
1.74%
$50,000
216
3.86%
$40,000
467
8.35%
$30,000
712
12.74%
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
Microsoft Launches Decentralized Identity System on Bitcoin
As of today, Microsoft has deployed v1 of the "ION" decentralized identity platform that the company spear-headed, on top of the Bitcoin network. At root ION provides "decentralized identifiers" - things like usernames, email addresses, or anything online that can be pointed to - in a way that doesn't rely on any third party, including Microsoft. ION accomplishes this by fundamentally anchoring the system to the Bitcoin blockchain, due to Bitcoin's unmatched neutrality and decentralization assurances.
Microsoft's release announcement explains:
We are excited to share that v1 of ION is complete and has been launched on Bitcoin mainnet. We have deployed an ION node to our production infrastructure and are working together with other companies and organizations to do so as well. ION does not rely on centralized entities, trusted validators, or special protocol tokens – ION answers to no one but you, the community. Because ION is an open, permissionless system, anyone can run an ION node, in fact the more nodes in operation, the stronger the network becomes
According to the release, ION has been in development for 4 years, with the first pre-release mention of it running on top of bitcoin occurring in 2019.
tldr