Sign in Subscribe

bytefolio

Congratulations Grayscale

Congratulations Grayscale

💡This issue covers GBTC, Ethereum (ETH), Polygon (MATIC), crypto regulation in Hong Kong, and institutional investing in the crypto space. The Grayscale Bitcoin Trust (GBTC) was the first publicly available Bitcoin Fund that could be traded over the stockmarket. It was launched by Barry Silbert on 25 September 2013, and

The Top 20 Crypto Projects Stagnate

The Top 20 Crypto Projects Stagnate

💡This issue covers Bitcoin Cash (BCH), The Open Network (TON), Aptos (APT), ApeCoin (APE), crypto regulation in the UK and HongKong, and Ethereum staking. The crypto space remains soft. It is remarkable how little is going on in the top 20 projects, with just three showing some promise. Ali writes

Turkey Embraces Crypto

Turkey Embraces Crypto

💡This issue covers Ethereum (ETH), MakerDAO (MKR), Ripple (XRP), Solana (SOL), and Xinfin (XDC). The Ethereum blockchain has dropped to 0/5 on the health score, which means transaction activity is declining. It has caused our fair value to slide below $1,500. We are not tied to that, but

Trust Crypto or TradFi?

Trust Crypto or TradFi?

💡This issue covers Bitcoin (BTC), MakerDAO (MKR), Grayscale (GBTC), and Binance (BUSD). It is a simple idea, but Bitcoin and the stockmarket have always been correlated, albeit with radically different performance scales. To make the chart work, we need to put Bitcoin onto a log scale. I highlight four occasions

Binance in the Crosshairs

Binance in the Crosshairs

💡This issue covers Binance, Solana (SOL), and Dogecoin (DOGE). 2023 has not been a good year for crypto exchanges, especially for those in the US. The SEC’s crackdown against Binance and Coinbase has greatly affected their US trading volumes, particularly Binance.US, which has almost lost its majority market

Surprisingly Resilient

Surprisingly Resilient

💡This issue covers ByteTrend, Bitcoin (BTC), and Hedera Hashgraph (HBAR). While crypto prices have been hit, along with most equities and bonds, the damage appears to be limited. Of particular note is how the crypto space saw fewer downtrends last week when priced in BTC and didn’t perform badly

The King of Decentralized Stablecoins

The King of Decentralized Stablecoins

💡This issue covers Stablecoins, MakerDAO (MKR), dYdX (DYDX), Illuvium (ILV), and Optimism (OP). While Bitcoin may not benefit from higher interest rates, stablecoins do. They came about because the banks cut off the crypto industry from their services, which forced crypto to innovate. The stablecoin, which is the private sector’