We also update you on the spot Bitcoin ETFs, the crazy rise of memecoin BONK, and give you a quick intro to the new Ethereum upgrade coming shortly. In Trending Topics, we ask: Is Ether's underperformance a sign that other chains are outcompeting Ethereum?lg...more
In “A framework for evaluating token prices” we suggested a conceptual way to think about the fundamental value of cryptocurrencies. In this article, we analyze “Access Utility” and its impact on token price in a very naïve and stylized way. lg...more