Declared dead, but not gone

Easter is about pausing, loss, and what unexpectedly returns. This edition: the $285M Drift hack, selling pressure from BTC treasury companies, and the growing quantum risk to bitcoin.

Are We There Yet?

Bitcoin has been hovering around $67,000 for two months straight. Cycles, on-chain data, and geopolitics all point the same way — but have we already seen the bottom, or is more pain ahead?

From Vienna to Bitcoin

From Hayek's break with socialism to the rise of bitcoin: how ideas about knowledge, prices, and decentralization culminated in a monetary system without central authority.

Rising Rates as a Wrecking Ball

Bond yields keep climbing, putting financial markets under severe pressure. Without a swift resolution to the Iran conflict, a deep recession and equity bear market look increasingly unavoidable.

Bitcoin as a Safe Haven?

Bitcoin's price stays remarkably strong as the Iran war escalates. Is this the definitive proof that bitcoin is a safe haven — or is the narrative getting ahead of itself?

Only One Million BTC Left

The 20 millionth bitcoin has been mined. With roughly one million BTC left to go until 2140, bitcoin's inflation is plummeting fast. What does that mean for miners, network security, and the experiment of absolute scarcity?

History Doesn't Crawl — It Leaps

Bitcoin edged above $72,000 last week — unexpectedly strong amid an escalating war threatening global energy supplies. What does this resilience signal for the months ahead?

War, Oil, and a Surprisingly Strong Bitcoin

The Iran war pushes oil above $110 and rattles global markets. Yet bitcoin holds firm. What does that tell us about its role in times of geopolitical stress?

A Bear Market Rally for Bitcoin

Bitcoin surged past $73,000 this week—remarkably strong amid an escalating Middle East conflict. Yet the base case remains: this is a bear market rally until proven otherwise.