Tracking the Health of the Bitcoin Network with Six Fundamental Indicators
ByteTree provides essential information for bitcoin investors. A blockchain’s value is determined not by the beauty or complexity of
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Bitcoin Trading at 35% Premium to Fair Value
Bitcoin currently trades at a 35% premium to its fair value, despite a short-term surge in on-chain transaction (TX) volume.
A Trillion Dollar Network by 2025
With the bitcoin price dipping below $10,000, it’s a good time to reflect on the longer-term trend. I
Tracking Bitcoin’s Fair Value
At ByteTree we have derived a fair value for bitcoin based on its utility as a payment network. We compute
The Network Value to Transaction Ratio
The Network Value to Transaction ratio (NVT) is one of the most important metrics in valuing public blockchain networks. The
Monitoring miner inventories
We can measure miner inventories by looking at the difference between the number of coins generated over a period and