BitMine’s Ethereum treasury strategy is not a secret conspiracy. It is a very public institutional crypto trade funded through capital markets. The problem is that ETH is far below BitMine’s likely break-even level.
Bitcoin trading volume is higher in dollar terms than in past cycles, but relative trading intensity and retail hype tell a more nuanced story.
Is Bitcoin Hype Fading, or Has the Market Simply Changed? Read More »
Bitcoin has moved from roughly $1,150 in 2013 to $19,800 in 2017, $69,000 in 2021, and around $126,200 in the 2025 cycle framework. Yet peak MVRV readings have moved in the opposite direction. That divergence may be one of the clearest signs that Bitcoin is still cyclical, but maturing fast.
Bitcoin MVRV Cycle Peaks: Higher Prices, Lower Euphoria Read More »
Has Bitcoin already done enough to form a durable bottom, or is one more washout still ahead? This article contrasts the bearish and bullish cases through realized price, supply in profit/loss, and broader macro context, including where a service like MacroRisk Sentinel can add useful perspective.