Bitcoin Marketcap

$1.23T

Gold Marketcap

$14.47T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$65,369  📈

+$3,044

+4.88%


S&P 500

5,003  📉

-10.52

-0.21%


Gold

$2,380  📉

-$3.89

-0.16%


Silver

$28.23  📉

-$0.26

-0.93%


Euro

$1.0659  📉

-$0

-0.11%


Yen

¥154.57  📈

+¥0.15

+0.10%


Renminbi (CNY)

¥7.2413   

+¥0.00

+0.04%


Oil (WTI)

$81.69  📉

-$0.29

-0.35%


BITCOIN STATS

Bitcoin Marketcap

$1.23T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$35.06B


Active Addresses

1.02M


Mining Reward Value (24hr)

$59.9M


GBTC Premium

293.41%


MSTR Premium

64.09%


BTC Down From ATH

11.36%


BTC Up From Cycle Low

9.61%


RATES & YIELDS

24hr change

UST 3mo

5.45%  📈

+0

0%


UST 2yr

4.97%  📈

+0.04

+0.81%


UST 10yr

4.67%  📈

+0.04

+0.86%


UST 30yr

4.77%  📈

+0.03

+0.63%


Fed Funds (EFFR)

5.33%  📈

+0

0%


US 10yr Breakeven Inflation

2.40%  📈

+0.01

+0.42%


Real Rate (10yr)

2.28%  📈

+0.08

+3.64%


RATIOS

24hr change

Gold:BTC (marketcap)

11.72x   

-0.58

-4.71%


M2:BTC (marketcap)

16.84x   

-0.79

-4.48%


BTC:Oil (price)

799.37x   

+38.49

+5.06%


Gold:Oil (price)

29.14x   

+0.09

+0.32%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  📉

 

-1.45%


M1 Money Supply

$17.94T  📉

 

-0.25%


M2 Money Supply

$20.78T  📈

+$1.80B

+0.01%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+128%

+19%

+21%

2 year:

+59%

+25%

+13%

3 year:

+18%

+33%

+20%

4 year:

+832%

+40%

+77%

5 year:

+1,122%

+86%

+72%

6 year:

+636%

+77%

+87%

7 year:

+5,156%

+85%

+111%

8 year:

+14,388%

+92%

+139%

9 year:

+27,621%

+100%

+137%

10 year:

+13,156%

+85%

+167%

11 year:

+48,146%

+68%

+221%

12 year:

+1.3 million%

+45%

+264%

13 year:

+3.8 million%

+58%

+275%

14 year:

+2.2 billion%

+107%

+312%

https://casebitcoin.com

Data Source: Messari.io, bitcoincharts.com

What is it: This shows bitcoin's ROI vs other potential inflation hedge assets.

Why it matters: As with the historical bitcoin price table, we see bitcoin's extreme outperformance vs other assets here as well. Bitcoin's relatively small size, plus fundamental properties, yield extreme outperformance when even relatively small funds-flows find their way to BTC.

BTC DAYS ABOVE PRICE

Bitcoin Price Closing History by Level

Days Bitcoin Closed Above:

Price

Days Above

% of Bitcoin's Life

$70,000

10

0.18%

$65,369

40

0.72%

$60,000

91

1.63%

$50,000

210

3.76%

$40,000

461

8.26%

$30,000

706

12.64%

Data Sources: Messari.io, bitcoincharts.com

What is it: This the number of days in which bitcoin "closed" (trading level at midnight UTC) above various price levels.

Why it matters: This can give a sense of where bitcoin is currently trading relative to past cycles.

SHARPE 5yr

DOUBLING TIME

THE BITCOIN LIBRARY

8 Mar 2021 | Kjell Inge Røkke | Price when published: (n/a)

Seetee Shareholder Letter

Filed under: topic icon fundamentals  medium icon articles

Mr Røkke's letter, marking the launch of his company Aker's new bitcoin-focused subsidiary, Seetee, dives into the motivation for focusing on bitcoin, addressing many common bitcoin critiques in the process. Further, it discusses approaches to risk, how to remain successful and relevant over the long-term, and how bitcoin can be a solution to key problems facing many businesses and the world overall.

EXCERPT

Bit­coin is of­ten crit­i­cised for a num­ber of per­ceived challenges, in­clud­ing its elec­tric­i­ty con­sump­tion, its in­abil­i­ty to scale with respect to trans­ac­tions, and its po­ten­tial to fa­cil­i­tate anony­mous il­le­git­imate pay­ments. We be­lieve that Bit­coin can be a so­lu­tion rather than a prob­lem for each of those, but we will get to the ar­gu­ments for that lat­er.


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