Bitcoin Report: Russia, Bitfinex, Blackrock and Binance

02/14/22 • 16 min

In this episode I walk through four big news items for the week, starting with Russia saying they will regulate bitcoin not ban it. I then move onto the Bitfinex hackers and the recent news about Blackrock opening up bitcoin investing to their clients. I finish off by discussing Binance's newest investment in Forbes for $200M and the precedence that it might set for the entire bitcoin industry.

Follow along with the Bitcoin Fundamentals Report at https://bitcoinandmarkets.com/r178/

This is part 1 of a series of episodes that will come out this week. Feedback is welcome.

Follow along with the Bitcoin Fundamentals Report at https://bitcoinandmarkets.com/r178/

This is part 1 of a series of episodes that will come out this week. Feedback is welcome.

Previous Episode

Bitcoin's 4-year Cycles Are Over - E234

This is a quick episode to address a question I received via Twitter DM from a reader of the weekly newsletter. He was wondering why I was labeling the market cycle timing as a 2-year cycle instead of the commonly understood 4-year cycle.

Next Episode

Bitcoin Price - CPI, Dormancy Flow and Bloomberg - E235b

Part 2 of this week's report all about the price. I talk about CPI not being a measure of money printing, but of prices and the explanation for 7% CPI due to supply chain issues. Next I introduce the Bitcoin Dormancy Flow. I thought this chart was interesting and will be looking into more in the future. Lastly, I welcome Bloomberg to the bitcoin prediction party, finally. They all of a sudden have what they think is a good model for price based on volatility, but a week later and it's already proving to be wrong.