The State of Bitcoin (Q3 2025)
8/8/2025
Bitcoin’s Evolution from Cycles to Secular Growth
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Research Weekly - Estimating the Price Impact from Large Sellers
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Research Weekly - Crypto Fund Discounts Persist as the Landscape is Set to Change
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Bitcoin's Protection under the First Amendment
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Humpty Dumpty: Avoiding FTX. Avoiding Genesis. Not Proof of Reserves. Not Avoiding Thanksgiving
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Research Weekly - Implications of the FTX Collapse
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Through the Looking Glass: The FTX and Alameda Saga
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Research Weekly - Holders Keep on Holding
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Research Weekly - A Look at the Recent Rally in Bitcoin
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Research Weekly - Important Lessons from a Bitcoin Fork
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Taproot: Explaining Bitcoin’s Biggest Upgrade in Four Years
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The Impact of Bitcoin’s Reward Halvings
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Bitcoin’s Long-Term Compounding Effects
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The Temporalities of Bitcoin Returns
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