Bitcoin Velocity Urges Caution
Bitcoin’s network velocity has been falling. This means that network activity has been slowing, which has historically been associated
Occasional posts from the ByteTree team on a range of financial topics.
Bitcoin’s network velocity has been falling. This means that network activity has been slowing, which has historically been associated
Visualising Bitcoin’s Economic Output Part I This is the first part of a trilogy about visualising bitcoin’s economic
ByteTree provides essential information for bitcoin investors. A blockchain’s value is determined not by the beauty or complexity of
Bitcoin currently trades at a 35% premium to its fair value, despite a short-term surge in on-chain transaction (TX) volume.
With the bitcoin price dipping below $10,000, it’s a good time to reflect on the longer-term trend. I
At ByteTree we have derived a fair value for bitcoin based on its utility as a payment network. We compute