Bitcoin Marketcap

$1.24T

Gold Marketcap

$14.17T

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

$65,472  πŸ“‰

-$195.33

-0.3%


S&P 500

5,493  πŸ“ˆ

+14.92

+0.27%


Gold

$2,330  πŸ“ˆ

+$8.39

+0.36%


Silver

$29.44  πŸ“ˆ

+$0.02

+0.07%


Euro

$1.0740  πŸ“ˆ

+$0.00

+0.14%


Yen

Β₯157.79  πŸ“‰

-Β₯0.07

-0.04%


Renminbi (CNY)

Β₯7.2564   

+Β₯0.00

+0.01%


Oil (WTI)

$81.18  πŸ“ˆ

+$1.56

+1.96%


BITCOIN STATS

Bitcoin Marketcap

$1.24T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$21.25B


Active Addresses

1.02M


Mining Reward Value (24hr)

$59.9M


GBTC Premium

290.18%


MSTR Premium

97.30%


BTC Down From ATH

11.30%


BTC Up From Cycle Low

15.72%


RATES & YIELDS

24hr change

UST 3mo

5.52%  πŸ“ˆ

+0.01

+0.18%


UST 2yr

4.67%  πŸ“‰

-0.01

-0.21%


UST 10yr

4.20%  πŸ“‰

-0.04

-0.94%


UST 30yr

4.34%  πŸ“‰

-0.06

-1.36%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.22%  πŸ“ˆ

+0.05

+2.30%


Real Rate (10yr)

1.98%  πŸ“‰

-0.09

-4.35%


RATIOS

24hr change

Gold:BTC (marketcap)

11.44x   

+0.08

+0.66%


M2:BTC (marketcap)

16.86x   

+0.05

+0.30%


BTC:Oil (price)

806.51x   

-18.2

-2.21%


Gold:Oil (price)

28.69x   

-0.46

-1.58%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.26T  πŸ“‰

 

-0.62%


M1 Money Supply

$17.99T  πŸ“‰

 

-0.06%


M2 Money Supply

$20.87T  πŸ“ˆ

+$26.10B

+0.13%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+124%

+20%

+26%

2 year:

+219%

+27%

+46%

3 year:

+95%

+31%

+30%

4 year:

+602%

+34%

+77%

5 year:

+526%

+67%

+86%

6 year:

+871%

+83%

+99%

7 year:

+2,333%

+87%

+126%

8 year:

+9,332%

+82%

+163%

9 year:

+26,653%

+97%

+159%

10 year:

+10,909%

+77%

+180%

11 year:

+64,794%

+81%

+247%

12 year:

+1.0 million%

+49%

+313%

13 year:

+380,561%

+54%

+331%

14 year:

+1.3 billion%

+87%

+408%

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

15

0.27%

$65,472

74

1.31%

$60,000

150

2.66%

$50,000

271

4.80%

$40,000

522

9.25%

$30,000

767

13.59%

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

26 May 2014 | Ian Grigg | Price when published: $578.89 (ROI since: +11,215%)

Why Triple Entry is interesting: When Accounting is the Weapon of Choice

Filed under: topic icon history  medium icon articles

EXCERPT

In the old days, accounting was the domain of intra-firm transactions. Double entry enabled the growth of the business empire because internal errors could be eliminated by means of the double-links between separate books; clearly, money had to be either in one place or another, it couldn't slip between the cracks any more, so we didn't need to worry so much about external agents deliberately dropping a few entries.

Beyond the firm, it was caveat emptor. Which the world muddled along with for around 700 years until the development of electronic transactions.
...
Triple-entry addresses this issue by adding cryptography to the accounting entry. In effect it locks the transaction into a single electronic record that is shared with three parties: the sender, the receiver and a third party to hold & adjudicate. Crypto makes it easy for them to hold the same entry, the third parties makes it easy to force the two interested agents not to play games.


Read in Full

What do you think of this piece?


MORE FROM Ian Grigg

MORE FROM HISTORY

MORE OLDER CONTENT