Insights

Bitcoin is a revolutionary digital asset, disrupting the traditional financial system and capturing the attention of investors worldwide.

Despite significant price movements throughout the month, bitcoin ended February almost precisely where it began at ~$23,150, eking out a minuscule 0.03% gain.

Bitcoin reversed its recent weakness in January, rising ~40% after entering the month around $16,500 and finishing at $23,100. It was an up-and-to-the-right type of month, barring a few exceptions.

With rampant frauds and hacks, a precipitous fall in prices, and a general loss of trust and faith, we reassess our views on crypto. We analyze recent price action and ponder various blockchain/crypto analyses to see what the technology may become.

Bitcoin continued in its trend downwards in December, falling ~4% after entering the month around $17,200 and finishing at $16,500. Ethereum fared worse than bitcoin, falling ~8% during the month after entering at ~$1,300 and finishing around ~$1,200.

This report dives into Ethereum’s implementation of proof-of-stake, the execution of The Merge, and a post-mortem analysis of the transition. It subsequently covers Ethereum’s recently-revised roadmap, previewing future upgrades such as Single-Slot Finality, Sharding, Statelessness…