Reports

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.

After reviewing the role of miners in the Bitcoin network last week, we explore the components miners use to actually bring bitcoin to fruition – mining rigs, hosting sites, and power inputs – in the latest edition of our multi-part Chart of the Week on Bitcoin mining. 

In our first multi-part Chart of the Week, we dive deep into Bitcoin mining over four distinct pieces.  This initial piece covers how mining works and the role miners play in the network, while subsequent pieces examine the infrastructure used, business model and value drivers, competitive

Bitcoin posted its second consecutive positive month, increasing 5% after entering March around $43,200 and finishing at $45,500.  The marquee coin had a rough start to the month as the war in Ukraine intensified, central bank rhetoric moved more hawkish, and risk asset prices fell. 

Cryptographic algorithms perform a variety of essential functions, including as a key component of cryptocurrencies. From the Caesar Cipher to ECDSA, we review the basics of cryptography in this week’s Chart of the Week.

Blockchain technology is beginning to permeate many facets of life, with sports being no exception.  And with billions of fans around the world, blockchain-based applications can enhance fan engagement and create new revenue streams for sports entities. 

Tokens play a vital role in decentralized entities by coordinating and incentivizing behavior, rewarding value contribution, and enabling exchange. We review tokenomics in the week’s Chart of the Week.