OBTC News and Press, Osprey Bitcoin Trust Unit Ben Int From 04/01/22

The crypto fear and greed index is a metric designed to measure which sentiment is dominating the markets. When fear is the dominant sentiment, it can mean a good time to buy for the long term. When greed is the feeling du jour, it could mean it makes sense to let things cool off ...

Money has changed. Sanctions on Russia’s central bank eliminated its USD, EUR and JPY reserves. We used current reserve holdings in troy ounces for gold, and we used the current exchange rate to convert the monetary base liability into U.S. dollars. Emerging market currenci...

The upcoming EU crypto regulation is very welcome as it brings much-needed clarification of responsibilities. Yet, as the crypto-universe develops very fast, a number of questions remain unanswered. Financial services regulation serves a number of distinct purposes. For furt...

Cryptocurrencies operate differently than the money that we are used to. A “consensus mechanism” is the process of validating transactions across many nodes of the network. Current cryptocurrency adoption rates outpace early adoption rates of the internet. For ...

Given the incredibly unfavourable macro outlook set to weigh down crypto assets over the coming quarters, it is difficult to see Bitcoin, Ethereum, or any other crypto assets making a sustained move higher in the immediate future. Sentiment is slowly but surely reaching levels of extr...

Historically, geopolitical turmoil has been a short-term driver of gold prices. If the Fed is compelled to end its rate-hiking program prematurely to save the economy, inflation could remain elevated. With the coming rate hiking cycle, the odds of an economic downturn increase, an...

I have seen a fair amount of chatter about currency regime shifts. Although such an event may be happening, there is no particular reason to get too excited about it from the perspective of the developed countries. The events of recent years hopefully have made corporations more cogni...

With Russia’s invasion of Ukraine into its second week, the economic fallout is gradually coming into focus. In our view, it is highly likely that economic growth will slow in the US and globally, but less so in the U.S. We expect market volatility to remain elevated for an...

Proponents of Bitcoin have been known to downplay the costs, or even count them as benefits, while opponents have been known to downplay the benefits and even count them as costs. Bitcoin’s demand for electricity contributes to total demand and thereby to determining the price ...

The most recent sanctions are wreaking havoc on global financial markets. The Russian ruble is also plunging, and the Russian economy is being squeezed. Most global equities are also down since the start of the war, and with investors on edge, volatility is spiking. The effects of thi...