Market analysis and views
Market analysis and views

Market analysis and views

In this blog, I aim to share my musings on the crypto markets and financial markets in general.


MicroStrategy and the Bitcoin Financial Engine: Speculation, Structure, and Strategy

25 Jun 2025 4 minute read 0 comments Adamq

In a landscape awash with speculation, MicroStrategy—now simply Strategy—has emerged as the undisputed architect of Bitcoin financialisation. Since initiating its bold Bitcoin acquisition strategy in 2020, the firm has accumulated nearly 600,000 BTC,...

Crypto market risks - Black Swans or Grey Swans?

16 Jun 2025 3 minute read 11 comments Adamq

The concept of a "Black Swan" event—an unpredictable, rare occurrence with severe consequences—is often invoked in discussions of financial risk. As markets look toward the end of 2025, several potential Black Swan scenarios could disrupt both tradit...

Circle IPO. Dawn of a New Era or Market Top?

11 Jun 2025 3 minute read 0 comments Adamq

In recent months, the public markets have rediscovered their appetite for crypto—with a vengeance. The IPOs of eToro, Galaxy Digital, and most strikingly Circle have captured headlines, capital, and market momentum. These weren’t niche crypto tokens...

Wen Alt Season? Is it still Coming?

9 Jun 2025 4 minute read 1 comment Adamq

Disclaimer: The following reflects personal opinions and does not constitute financial advice. For many of us, “Alt Season” brings nostalgic echoes of past cycles: explosive rallies, 10x gains on frogs and dogs, and a wall of green across CoinGecko....

The Great Rotation – Institutional FOMO Endgame

8 Jun 2025 3 minute read 2 comments Adamq

Bitcoin has been through multiple boom-and-bust cycles since its launch in 2009. Each cycle brought in waves of new participants — miners, technologists, speculators, and increasingly, retail investors hoping to ride a new wave of digital wealth. In...

The 60:40 Portfolio Is Dead — Long Live the 60:40 Portfolio

5 Jun 2025 3 minute read 5 comments Adamq

For decades, the 60:40 portfolio — 60% equities and 40% bonds — reigned as the gold standard for long-term investors seeking a balance of growth and safety. Its elegant logic rested on a simple truth: when stocks zigged, bonds zagged. Equities provid...

Is BTC Mining Still Worth It? A Personal Analysis from a Long-Time Miner

2 Jun 2025 2 minute read 1 comment Adamq

I've been involved in crypto mining for nearly ten years. I mined Ethereum profitably for five of those years, and for the last five years, I’ve been focused on Bitcoin. My preferred approach has been to purchase ASICs and host them in dedicated data...

Could this time really be different?

26 May 2025 4 minute read 0 comments Adamq

Bitcoin's historical price cycles have been largely shaped by waves of speculative retail interest, exuberant sentiment, and social media-driven hype. From the 2017 ICO mania to the meme coin frenzy of 2021, each bull run has followed a broadly famil...

Bitcoin - The Veritas Event

12 May 2025 4 minute read 0 comments Adamq

In the early 21st century, digital currencies were still novelties—they were still the tools of speculation and idealism. Bitcoin, launched in obscurity, survived the cycles of speculative mania and collapse to become the foundational layer of post-s...

Black Mirror BTC

10 May 2025 3 minute read 0 comments Adamq

After recently binge-watching some old ‘Black Mirror' episodes, it got me thinking about possible dystopian scenarios driving current events. Centre-stage is just how much the outlook for Bitcoin has changed. I am reminded of the Gandhi quote…”First...