Last newsletter we covered The Responsible Financial Innovation Act drafted by Wyoming Senator Cynthia Lummis and explained why it could be the most comprehensive piece of crypto legislation to date. Since then the bill’s bi-partisan support increased when democratic Senator Kirsten Gillibrand officially joined as a co-sponsor of the bill…

This week’s edition is covering some major regulatory developments that have happened over the last couple of weeks. So, if you get excited by policy and regulations, this week’s newsletter is for you. But first, let’s jump into some on-chain metrics. On Chain Analysis Video of On-Chain Analysis In past…

Before we jump into the events of the past couple of weeks and crypto’s role in them, I wanted to take a moment to share with all of you that Blockforce Capital recently won another award for our performance in 2021. On February 24th, Hedgeweek announced we won Best Digital…

A lot has happened in the last couple weeks including both Russia and Ukraine making bitcoin a legal currency in their respective countries while Spain’s central bank approved the first crypto services provider in the country. Blockfi settled with the SEC which now clears a path for American citizens to…

Last week, Blockforce Capital was awarded one of the top 10 crypto funds in 2021 by Barclay Hedge based on net performance. This was the second year in a row Blockforce Capital has won this award. One other housekeeping item. We have started creating on-chain videos covering the metrics we…

On-Chain Analysis Last newsletter we made the case for bitcoin’s long-term prospects but argued we are likely to see some increased volatility in the short term. This past week, that volatility came to fruition as bitcoin broke below $40k and the wider crypto markets fell double digit percentages. …

On Chain Analysis Over the past month, as trading activity in the crypto markets slowed down heading into the holidays, bitcoin continued to trade in the $41k — $50k range. As mentioned in previous newsletters, the underlying fundamentals of the bitcoin network continue to exhibit strong long-term characteristics though there…

2021 was another amazing year in the crypto industry. Bitcoin hit $69,000, DeFi grew to a $100 billion a year industry, stablecoins grew to more than $140 billion (nearly 400% growth), Coinbase went public, the Lightning Network hit an inflection point, Elon Musk tweeted…a lot, pension funds began holding BTC…

Before we jump into the analysis and key developments of the last two weeks, I wanted to share this chart from Galaxy Digital Research. Despite the recent volatility in price, bitcoin’s usage continues to grow. Thus far in 2021, bitcoin has settled more than $12 trillion of value on the…