Empire

Hivemind: Does Bitcoin Have More Fuel to Run?

May 1, 2025
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INSIGHT

Bitcoin's Rally May Be Peaking

  • Bitcoin's rally fueled by positive headlines may have exhausted its short-term upside potential.
  • Without actual resolutions to major macro issues, future moves are uncertain and could be volatile.
INSIGHT

Macro Forces and Treasury Plays Boost Bitcoin

  • Bitcoin is benefiting from a macro-driven bid distinct from typical risk-on trades.
  • New treasury vehicles with billions in dry powder could sustain further Bitcoin buying pressure.
INSIGHT

Ethereum's Layer 1 Scaling Pivot

  • Ethereum's pivot toward scaling Layer 1 aims for a 100x improvement over four years, targeting 2k-3k TPS.
  • This shift challenges the rollup-first scaling narrative but aims to retain more liquidity on Ethereum mainnet.
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