52 Years of Fiat: The economic legacy of abandoning the gold standardCryptoSlate's latest report dives deep into the U.S. government's decision to abandon the gold standard in 1971 and its far-reaching consequences, many of which are still unfolding today.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly Report52 Years of Fiat: The economic legacy of abandoning the gold standardCryptoSlate's latest report dives deep into the U.S. government's decision to abandon the gold standard in 1971 and its far-reaching consequences, many of which are still unfolding today. α Weekly ResearchBitcoin’s drop to $26.6K sees over $160M in realized lossesBitcoin's drop to $26,298 triggered a massive liquidation event and led to over $160 million in realized losses on-chain. Bitcoin at $28.5K: Unpacking the significance of tight Bollinger BandsBitcoin's breach of a lower Bollinger Band may suggest a market turnaround. α Top Insights
More α ResearchSTH sell-side risk ratio drops to record low: What does it mean for Bitcoin?The sell-side risk ratio for short-term holders dropped to 0.05%, the second-lowest it has been since 2010. Decline in crypto-margined futures may signal market maturityComparing the crypto-margined and cash-margined futures open interest reveals a discrepancy that has never been higher, indicating a growing preference for stability and risk mitigation in the market. Lightning network capacity decreases while number of channels growsDisconcerting trend or progress? Lightning Network sees growing channels alongside falling capacity. |
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52 Years of Fiat: The economic legacy of abandoning the gold standard