Friday Aug 16, 2024

Token Narratives 13 - Bitcoin supply on exchanges hits 5-year low, accumulation trend score maxes out, unsexy crypto products for the win

Back from a 1-week hiatus, Graham and David cover the aftermath of "Black Monday," whether or not "It's over" and some ways that unsexy crypto businesses are ramping up. Topics delved into include:
US Gov moving 10,000 bitcoins to Coinbase

  • Glassnode's bitcoin accumulation report
  • Author Hayes' $1m bitcoin price prediction
  • BTC and ETH ETF flows
  • The application of the Wojak "In Japan" meme to the latest market Nuke
  • Unsexy crypto businesses like fixed interest rate products and supply-chain loans

 

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