Reports

Bitcoin reversed its strong July performance and fell 14% in August, after entering the month at ~$23,300 and ending around $20,000.

Bitcoin reversed its three-month downtrend, gaining ~18% during the month after entering around $19,800 and finishing near $23,300. While the macro backdrop continued to be challenging with rising inflation and negative growth in many jurisdictions, risk assets generally performed well.

The rise of cryptoassets and the institutionalization of the ecosystem has caused investors to debate whether crypto is a new asset class. This report dives into crypto’s development and evolution, evaluates the impact a crypto allocation could have on a traditional investment portfolio, and

Bitcoin’s three-month downtrend accelerated in June, with bitcoin falling ~38% during the month after entering around $31,800 and finishing near $19,800. The majority of losses came during the middle of the month and were due to several reasons.

Bitcoin continued in its trend downwards in May, falling ~16% after entering the month around $37,700 and finishing at $31,800. The majority of losses came during the first third of the month as bitcoin fell for several reasons.

In a nutshell, DeFi connects financial users without an intermediary. DeFi is an abbreviation for decentralized finance, and it is often deemed as an ecosystem of financial tools and applications “roaming” on the internet.

In the final part of this series, we explore the environmental implications of mining bitcoin and regulatory backdrop.

Two weeks ago, the TerraUSD (UST) stablecoin depegged from $1.00, bringing down the Terra blockchain and destroying over $40b in value from UST and LUNA alone. We review what happened in this week’s Chart of the Week.

Bitcoin broke its streak of two positive months, falling 17% after entering April around $45,500 and finishing at $37,700. Barring mid-month sideways action, the apex digital asset fell steadily throughout the month alongside broader risk markets.

After covering the role of miners and the inputs they use to bring bitcoin to fruition in prior reports, we discuss the bitcoin mining business model, explore value drivers, and profile several public bitcoin miners in the latest edition of our bitcoin mining-focused multi-part Chart of the Week.