The flow of Bitcoin adoption cannot be stopped and we expect the eventual outcome is reserve asset status. But bitcoin is carving out a new financial landscape in unpredictable ways and we cannot control the mess created by fallible centralized figures.

Focusing too heavily on the negatives—such as scams or the misuse of crypto—can cause us to lose sight of the incredible positive impact this technology is having. Look forward to the day when bitcoin and decentralised finance are viewed in the same way as the internet, as a tool for freedom

As we wrap up the year, it’s hard not to marvel at Bitcoin’s historic milestone: crossing the $100,000 mark in its 15th year. This all-time high is not just a number—it’s a symbol of how far we’ve come.

A profound rethinking of value and store of wealth is underway. Traditional pillars like U.S. bonds are losing appeal among long-term. Meanwhile central banks, tech giants, and major financial institutions are taking incremental yet significant steps toward bitcoin

No matter the outcome of the U.S. Presidential election, one thing is inevitable: wider deficits. A wider deficit and lower interest rates will likely weaken the U.S. dollar, driving investors to seek alternatives like Bitcoin.

Inequality is a global challenge, but Bitcoin presents an opportunity to address it through fair distribution and a non-inflationary monetary policy.

While there are market top arguments, we are unconvinced. Long-term holders still dominate supply, sentiment remains contained and macro conditions are turning favourably in the face of US rate cuts and USD weakening risks. Besides, valuations have not re-rated at all given ETF success and consideration that bitcoin could be a reserve asset for the world’s largest economy!

Sound Money is the challenge and opportunity of our lifetime

Demographic forces are almost certainly shifting the regulatory and political perspective towards crypto in the world’s largest economy. Bipartisan support for proactive crypto regulation is now a possibility

The market remains biased higher in a halving year, despite the reduced importance of each subsequent halving.

MSTR’s optically risky strategy is the logical conclusion to today’s monetary conditions and is absorbing bond markets into bitcoin’s black hole

ETFs are undoubtedly positive but Bitcoin’s core decentralization principle must be vehemently protected.

Price weakness presents an incredible opportunity to gain exposure in the early stages of an institution-led crypto bull market

The bitcoin ETF is a clear driver behind remarked BTC strength and the 6-18 month outlook remains very constructive, but there is a risk price becomes stretched as we launch into the high $40Ks.

Bitcoin has entered the next phase in this cycle - its outperformance signals foundational strength for the forthcoming bull market and potential improvement in high-beta assets

While the crypto poses a challenge to fiat currencies during a monetary regime change, through stablecoins crypto is simultaneously reinforcing USD dominance amongst fiat currencies

PayPal's stablecoin (PYUSD) is a major step in the integration between crypto and traditional financial markets. This move not only underscores the potential of crypto but also hints at a possible pendulum shift in the landscape of US crypto regulation

The world is in the midst of a monetary regime change. Bitcoin could have a role to play in a future monetary system, which creates a compelling argument to allocate to the asset class. Central banks cannot admit it but their actions reveal agreement with our thesis after they amassed record gold purchases in 2022.