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1 Mar 2024

Interesting chart by TheMacroCompass.com

cryptos and gold are impossible to value but they are in some extent comparables in the role they play as an alternative to the fiat money system. Currently, Gold is 20.5% of the Fiat money in the 5 largest economies. After recent rally, the total cryptocurrencies market cap is just 3.4%. If you think teh gap between gold and cryptos should continue to narrow, there might be further upside. NB: this is NOT an investemnt recommendation

28 Feb 2024

Did you see that Crypto Markets are now worth over $2 Trillion again?

These were the magazine covers as Crypto was bottoming in November and December of 2022. Keep in mind, this asset class was down towards just $730 Billion TOTAL in the fall of 2022. Source: Allcharts, J-C Parets

19 Feb 2024

Top 30 Trending coins

Source: Coingecko

16 Feb 2024

Coinbase Global Inc. shares jumped 14% in the extended session Thursday

After the crypto-trading platform swung to a quarterly profit and reported revenue well above Wall Street expectations, saying it benefited from “risk on” activity in the markets. Coinbase $COIN earned $273 million, or $1.04 a share, in the fourth quarter, versus a loss of $557 million, or $2.46 a share, in the year-ago quarter. Sales rose to $954 million from $629 million a year ago. Analysts polled by FactSet expected Coinbase to report earnings of 2 cents a share on sales of $826 million. In a letter to shareholders, Coinbase executives said that they saw “a sharp increase in crypto asset volatility,” akin to early 2023, and in crypto asset prices. That was mostly thanks to around approvals for a bitcoin spot ETF and “broad expectations around improving macroeconomic conditions in 2024, which contributed broadly in the capital markets to ‘risk on’ activity,” it said. COIN Coinbase Q4 FY23: • Trading volume +6% Y/Y to $154B. • Bitcoin 31% of volume (-4pp Y/Y). • Revenue+52% Y/Y to $954M ($135M beat). • EPS $1.04 ($1.03 beat). Q1 FY24 Guidance: • Subscription & Services $410-480M ($373M expected). Source: App Economy Insigths, Market Watch

5 Feb 2024

Tether 2023 net income put into perspective

Unlike the banking giants who employ thousands of people, the number of employees at Tether is (officially) 125.

25 Jan 2024

Bitcoin Halving in Just 80 Days 🤔

Ever wondered where Bitcoin was 80 days before in the previous Halvings ? - In 2016, BTC was -62% below its ATH - In 2020, BTC was -52% below its ATH - In 2024, BTC is currently -42% below its ATH So, even if it seems like Bitcoin's price isn't moving much, it's following a similar pattern to previous cycles. Source: Mags

23 Jan 2024

Only a tiny fraction of the world owns bitcoin, and after the halving in April, only 1.3125/21M btc will be left to be mined

Source: Walker

11 Jan 2024

"I got next" effect on ethereum...

Source: J-C Parets

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