End of Q3 in the green? CME and Bitmex deliveries today. Sentiment is even coming back from overly bearish, don’t be too optimistic about the altcoin relief rally, and the status of the bitcoin bug, Bakkt and bitcoin infrastructure.
The most recent difficulty adjustment, a major vulnerability handled extremely well by Core devs, a decision on the VanEck-SolidX ETF pushed back, Bitcoin privacy creeps forward.
Top story line: Bottom price holds, network volumes are down, Lightning bombshell, Bitgo as custodian vs Paxos and Gemini stablecoins
Today is a big day for the show, we are launching our Fundamentals Report. In the this episode, of course we cover Bitcoin and other cryptocurrencies, but I also introduce a couple new metrics, sat/usd and a halvening countdown. It’s a one stop shop for all the fundamentals you need.
On this episode, I discuss whether we’ll see continued temporary weakness in the Bitcoin price. I also discuss why altcoins continue to underperform. Will we see altcoin season come back? Will bitcoin fall further?