Satswise — The long viewhttps://satswise.comSound money, Bitcoin and inflation research. Evidence and arguments through an Austrian economics lens.enBitcoin’s Monetary Case Meets a Mixed Markethttps://satswise.com/research/bitcoin-briefing-october-2026https://satswise.com/research/bitcoin-briefing-october-2026The October Bitcoin brief: price above its trend, a week of ETF outflows, and the lasting cost of consumer inflation.BitcoinMon, 12 Oct 2026 00:00:00 +0000Inflation Slows. The Loss of Purchasing Power Stays.https://satswise.com/research/fiat-money-inflationhttps://satswise.com/research/fiat-money-inflationWhy disinflation does not undo higher prices, what US CPI shows about cash, and how even small inflation rates compound.Sound moneyMon, 12 Oct 2026 00:00:00 +0000Who Gets New Money First? The Cantillon Effect.https://satswise.com/research/cantillon-effecthttps://satswise.com/research/cantillon-effectFollow the route of new credit to understand unequal timing, monetary privileges, and similar incentives inside crypto.Sound moneyMon, 12 Oct 2026 00:00:00 +0000The Austrian Case for Bitcoin—and Its Limitshttps://satswise.com/research/austrian-economics-bitcoinhttps://satswise.com/research/austrian-economics-bitcoinMises, Hayek and the argument for monetary choice: economic calculation, credit incentives, verifiable rules and the strongest objections.Sound moneyMon, 12 Oct 2026 00:00:00 +0000Bitcoin Cycles: Four Clocks, No Single Scripthttps://satswise.com/research/bitcoin-cycleshttps://satswise.com/research/bitcoin-cyclesUnderstand Bitcoin market cycles through halving history, drawdowns, holder cost basis, ETF flows, leverage and liquidity.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin MVRV: A Cost-Basis Map, Not a Price Targethttps://satswise.com/research/onchain-cost-basishttps://satswise.com/research/onchain-cost-basisLearn how Bitcoin MVRV, realized price and NUPL are calculated, where their inputs overlap and how holder cohorts add context.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin ETF Flows: Demand, Redemptions and Hedged Positionshttps://satswise.com/research/etf-flowshttps://satswise.com/research/etf-flowsUnderstand Bitcoin ETF net flows, AUM, holdings and hedged positions, with a dated historical chart and transparent calculations.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin Funding Rates and Open Interest Explainedhttps://satswise.com/research/market-leveragehttps://satswise.com/research/market-leverageRead Bitcoin funding rates and open interest with worked examples, consistent units and a framework for interpreting leveraged positions.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin and Liquidity: Trace the Channel Before the Correlationhttps://satswise.com/research/macro-liquidityhttps://satswise.com/research/macro-liquidityExplore Bitcoin liquidity through real yields, the broad dollar index and credit spreads, with a framework for testing macro claims.MacroMon, 12 Oct 2026 00:00:00 +0000Bitcoin 200-Day Moving Average and Mayer Multiplehttps://satswise.com/research/trend-and-minershttps://satswise.com/research/trend-and-minersLearn how Bitcoin’s 200-day moving average, Mayer Multiple and drawdowns are calculated, with historical charts and clear limitations.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin’s Supply Rules: What 21 Million Does—and Does Not—Promisehttps://satswise.com/research/bitcoin-supplyhttps://satswise.com/research/bitcoin-supplyUnderstand Bitcoin’s 21 million supply limit, block subsidies and halving schedule, and why issuance differs from available market supply.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin Custody Explainedhttps://satswise.com/research/bitcoin-custodyhttps://satswise.com/research/bitcoin-custodyCompare Bitcoin custody models through control, dependencies and recovery, with a practical framework for evaluating access risks.BitcoinMon, 12 Oct 2026 00:00:00 +0000Token Value Accrual Explainedhttps://satswise.com/research/token-valuehttps://satswise.com/research/token-valueTrace crypto fees, revenue, token burns and holder rights to understand how network activity can connect to token value.CryptoMon, 12 Oct 2026 00:00:00 +0000Cheap Credit Has a Cost: Interest Rates and Bitcoinhttps://satswise.com/research/macro-contexthttps://satswise.com/research/macro-contextUnderstand how interest rates can affect Bitcoin through expectations, borrowing costs and capital allocation, with a worked policy example.MacroMon, 12 Oct 2026 00:00:00 +0000AI Agent Payments and Crypto Value Accrualhttps://satswise.com/research/agent-paymentshttps://satswise.com/research/agent-paymentsExplore AI agent payments, x402 and wallet infrastructure, and trace which businesses or tokens could capture the economic value.AI & infrastructureSun, 11 Oct 2026 00:00:00 +0000Bitcoin Miner Economics: Puell Multiple, Hashprice and Costshttps://satswise.com/research/bitcoin-miner-economicshttps://satswise.com/research/bitcoin-miner-economicsUnderstand Bitcoin miner economics through Puell, hashprice, fees, efficiency and electricity costs, with a worked example of revenue pressure.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin SOPR Explained: Profit-Taking, Losses and Limitshttps://satswise.com/research/bitcoin-soprhttps://satswise.com/research/bitcoin-soprUnderstand Bitcoin’s spent output profit ratio, adjusted SOPR and holder cohorts through a worked example and the limits of profit-taking signals.BitcoinMon, 12 Oct 2026 00:00:00 +0000Short-Term Holder Realized Price: Bitcoin Cost Basis Explainedhttps://satswise.com/research/short-term-holder-realized-pricehttps://satswise.com/research/short-term-holder-realized-priceLearn how Bitcoin’s short-term holder cost basis is calculated, why the 155-day methodology matters and how cohort changes affect the reading.BitcoinMon, 12 Oct 2026 00:00:00 +0000Bitcoin Futures Basis Explained: Pricing, Hedges and Riskhttps://satswise.com/research/bitcoin-futures-basishttps://satswise.com/research/bitcoin-futures-basisLearn how Bitcoin futures basis is calculated, what annualization means and why ETF inflows can accompany futures shorts, with transparent examples.BitcoinMon, 12 Oct 2026 00:00:00 +0000