Bitcoin Global Macro

Bitcoin Global Macro

Analyzing the latest macro insights and investment ideas in the digital asset space.


Crypto VC Behavior of 2023: Weathering the Winter

4 Aug 2023 4 minute read 0 comments ulriklykke

This rundown has been compiled using data from several reports and databases, including Pitchbook, Galaxy Research, CryptoRank, InnMind, and Cointelegraph. Major Highlights  Funding Continues to Decline:  The Crypto VC market is still facing head...

H1 2023 Crypto Recap: Bitcoin Remains Resilient Amid Banking Shakeups and Regulatory Uncertainty

31 Jul 2023 6 minute read 0 comments ulriklykke

The first half of 2023 was quite eventful for the global financial markets and the crypto industry. Macro factors, particularly inflation, continued to play a major role, and while the US Federal Reserve put a (temporary?) pause on its 10-month aggre...

Crypto Market Liquidity Dries Up as Fed Resumes Rate Hike

27 Jul 2023 2 minute read 1 comment ulriklykke

Surprise, surprise! The US Federal Reserve remarked in a press release this week its intention to raise the interest rate benchmark by 25 basis points, resulting in a new target range of between 5.25% and 5.5%. Markets had already anticipated the mov...

Earnings in the Spotlight: Markets Stay Steady Amid Q2 Reports

21 Jul 2023 2 minute read 0 comments ulriklykke

The equities market has remained relatively stable over the past week as several companies in the S&P 500 and Nasdaq released their Q2 earnings reports. Interestingly, the banking sector mostly outperformed Wall Street’s estimates, with Morgan Stanle...

Happy Times as XRP Ruled "Not a Security" and Inflation Continuing to Decline

14 Jul 2023 3 minute read 1 comment ulriklykke

US inflation cooled down to 3% in June, as per the latest CPI update by the Bureau of Labor Statistics. This is the lowest rate at which consumer prices have grown since March 2021, marking a significant drop from the highs of 9.1% in June 2022. This...

Bitcoin Shrugs Off Market Uncertainty

7 Jul 2023 2 minute read 2 comments ulriklykke

Global markets are still facing headwinds with the latest Fed minutes revealing that the decision to pause the 10-month consecutive rate hike was vigorously debated. Following the hawkish sentiment of the Fed, interest rate futures have risen signifi...

Crypto Banking in Europe & Rest of the World: An Adaptation to Change

3 Jul 2023 4 minute read 1 comment ulriklykke

Following the collapse of FTX exchange and other major crypto-oriented firms such as BlockFi and Voyager Digital, crypto companies and users are facing challenging times in accessing banking services.  Challenging Times for Crypto Banking The first q...

Generative AI Steals the Spotlight in the First Half of 2023

1 Jul 2023 2 minute read 0 comments ulriklykke

Global markets have remained relatively calm over the past week even as Fed Chair Jerome Powell reiterated a hawkish stance, signaling a possibility of additional rate hikes.  However, as we conclude the end of the first half of 2023, it is interesti...

Blackrock ETF Application Triggers Crypto Rally

23 Jun 2023 2 minute read 0 comments ulriklykke

Global markets, led by US equities, experienced a slight decline this week, wiping out the gains from the previous week.  This drop came after Federal Reserve Chair Jerome Powell's recent semi-annual policy appearance at Capitol Hill, where he indica...

The Current State of Central Bank Digital Currencies (CBDCs)

22 Jun 2023 8 minute read 0 comments ulriklykke

The debate around Central Bank Digital Currencies (CBDCs) has been gaining momentum following the adoption of decentralized digital assets, such as Bitcoin, in recent years. According to the latest statistics from the Atlantic Council CBDC tracker, o...