Understanding the Bitcoin Risk-Free RateBitcoin operates in a unique financial ecosystem, distinct from traditional markets. To reflect the true cost of collateralized Bitcoin funding, we propose a Bitcoin Risk-Free Rate – a benchmark derived from Bitcoin-native lending activities. Unlike fiat-based benchmarks like SOFR, this rate is rooted in decentralized, transparent, and auditable Bitcoin markets, ensuring alignment […]
Tag: BTC
Bitcoin’s Node Boom – and the Data Fight Inside It
The Bitcoin network is more robust than ever. Recent data from Coin.dance (21 July 2025) shows the number of reachable public nodes has climbed to an all-time high, surpassing 22,500. This growth signals a healthy, decentralized network. Yet a closer look at the software these nodes run reveals a deeper debate about Bitcoin’s very purpose. […]