Bitcoin Marketcap

$1.84T

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

$97,383  ๐Ÿ“ˆ

+$2,017

+2.11%


S&P 500

5,911  ๐Ÿ“ˆ

+40.46

+0.69%


Gold

$2,623  ๐Ÿ“ˆ

+$7.99

+0.31%


Silver

$29.52  ๐Ÿ“ˆ

+$0.24

+0.83%


Euro

$1.0430  ๐Ÿ“ˆ

+$0.00

+0.36%


Yen

ยฅ156.42  ๐Ÿ“‰

-ยฅ0.11

-0.07%


Renminbi (CNY)

ยฅ7.2964   

+ยฅ0.00

+0.00%


Oil (WTI)

$69.57  ๐Ÿ“ˆ

+$0.81

+1.18%


BITCOIN STATS

Bitcoin Marketcap

$1.84T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$41.69B


Active Addresses

1.02M


Mining Reward Value (24hr)

$89.0M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

10.12%


BTC Up From Cycle Low

5.53%


RATES & YIELDS

24hr change

UST 3mo

4.35%  ๐Ÿ“‰

-0.01

-0.23%


UST 2yr

4.35%  ๐Ÿ“ˆ

+0.10

+2.35%


UST 10yr

4.50%  ๐Ÿ“ˆ

+0.10

+2.27%


UST 30yr

4.65%  ๐Ÿ“ˆ

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  ๐Ÿ“‰

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

2.21%  ๐Ÿ“ˆ

+0.13

+6.25%


RATIOS

24hr change

Gold:BTC (marketcap)

8.66x   

-0.17

-1.89%


M2:BTC (marketcap)

11.58x   

-0.27

-2.27%


BTC:Oil (price)

1,400x   

+13.04

+0.94%


Gold:Oil (price)

37.71x   

-0.36

-0.94%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  ๐Ÿ“‰

 

-0.5%


M1 Money Supply

$18.24T  ๐Ÿ“ˆ

+$86.00B

+0.47%


M2 Money Supply

$21.31T  ๐Ÿ“ˆ

+$90.00B

+0.42%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+122%

+28%

+25%

2 year:

+479%

+46%

+55%

3 year:

+96%

+45%

+26%

4 year:

+314%

+40%

+60%

5 year:

+1,237%

+77%

+83%

6 year:

+2,355%

+109%

+149%

7 year:

+581%

+106%

+120%

8 year:

+10,677%

+132%

+161%

9 year:

+21,272%

+144%

+187%

10 year:

+29,480%

+123%

+184%

11 year:

+14,690%

+117%

+223%

12 year:

+727,199%

+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%

$97,382

20

0.34%

$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

28 Mar 2020 | Robert Breedlove | Price when published: $6,303 (ROI since: +1,445%)

The Number Zero and Bitcoin

Filed under: topic icon history  medium icon blogs

This piece explores the technological, social, and political ramifications of the number zero, and the equivalence of bitcoin's introduction to the world. Topics include:

- Zero is Special
- Cuneiform and Roman Numerals
- The Economization of Math
- Functions and Philosophy of Zero
- Power of The Church Falls to Zero
- Zero: An Ideological Juggernaut
- Tally Sticks
- Modernity: The Age of Ones and Zeros
- The Path-Dependence of Bitcoin
- Finite and Infinite Games
- A New Epoch for Money
- Fiat Currency Always Falls to Zero
- The Separation of Money and State

EXCERPT

Many believe that Bitcoin is โ€œjust one of thousands of cryptoassetsโ€โ€”this is true in the same way that the number zero is just one of an infinite series of numbers. In reality, Bitcoin is special, and so is zero: each is an invention which led to a discovery that fundamentally reshaped its overarching systemโ€”for Bitcoin, that system is money, and for zero, it is mathematics. Since money and math are mankindโ€™s two universal languages, both Bitcoin and zero are critical constructs for civilization.


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