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Executive summary Key takeaways Differences in Price, Volatility, and Profit Taking (Pre-ETF vs. Post-ETF) Diminishing Realized Cap Multiple Actual Market Cap − Predicted Market Cap = Residual Diminishing Impact of Halving Comparison to Other Digital Monopolies Future Potential Price Based on Capital Inflows & MVRV Multiple  Bitcoin is transitioning from a retail-driven, boom-and-bust asset to a macro […]

Executive Summary The second half of 2025 is poised to be a defining chapter in the macroeconomic and Bitcoin market cycles. Fiscal and geopolitical uncertainty have dominated headlines for the first half of 2025. Despite this the U.S. economy continues to experience nominal growth; driven by increasing fiat liquidity, AI-driven productivity gains, and the early […]

Understanding U.S. Taxes on Bitcoin Mining If you’re involved in Bitcoin mining or considering it, it’s essential to understand the U.S. tax implications. Here’s a concise overview of the taxes that apply and how to avoid surprises. Tax Obligations for Bitcoin Miners Income Tax: Tax is incurred when you receive Bitcoin mining rewards. This is […]

Introduction Bitcoin, due its immutable, absolute scarcity, is being widely adopted as a long-term store of value. Investors seeking to capitalize on this opportunity by accumulating their own Bitcoin position are presented with two options: 1) buying Bitcoin directly or 2) . This Blockware Intelligence research report provides a comprehensive analysis comparing the two strategies […]

Key Predictions Disclaimer: All of the statements below are strictly theoretical predictions. Although data-driven, these hypotheses should not be interpreted as investment advice. Own your own trade. Macro US Government Continues Operating With a $1 Trillion+ Budget Deficit Fed Reserve Cuts Rates by 50 to 100 Basis Points US Dollar Liquidity Rises Leading to an […]

M2 for Major Fiat Currencies ( in$terms ) YoY % Change The supply of fiat currencies has increased relentlessly for decades on end. Periods of monetary contraction are brief, minute, and often met with heightened civil unrest due to the negative effect this has on asset prices. This chart shows the combined M2 for the […]