Why RFK’s idea of a Bitcoin-backed dollar is a monetary mirage

CryptoSlate dives deep into RFK Jr.'s proposal to partially back the U.S. dollar with Bitcoin to explore its (un)feasibility.

Jul 23

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α Weekly Report

Why RFK’s idea of a Bitcoin-backed dollar is a monetary mirage

CryptoSlate dives deep into RFK Jr.'s proposal to partially back the U.S. dollar with Bitcoin to explore its (un)feasibility.

α Weekly Research

Rising unrealized profits indicate a more optimistic Bitcoin market

Bitcoin's growing NUPL has spent the majority of the year above the critical 0.25 ratio, indicating the market's growing optimism when it comes to Bitcoin's performance in the short-term.

The Bitcoin futures contango

The difference between the Bitcoin's spot price and the price of futures contracts that expire in 3 months is a valuable, but often overlooked indicator of market sentiment.