Samani's Pitch for GEOD

Bitwise CIO Matt Hougan has a good note out on the question everyone in crypto is asking again – has bitcoin bottomed? He compares recent calls from Galaxy, NYDIG and Standard Chartered – and, unsurprisingly, they don’t all agree. One sees more downside, one says maybe, and one thinks the low is already in. But Hougan’s point is more interesting than another round of bottom-calling. For long-term investors, the better question may not be whether bitcoin bottoms at $40,000, $50,000 or $60,000 – but whether the next major top is still ahead. Read more →

At the All In Liquidity Summit, Kyle Samani pitched $GEOD – the native asset of Geodnet – and explained why he has been accumulating the asset (video here). His take is that Geodnet, which is a sort of better replacement for GPS, has built the world's largest real-time positioning network in just four years (22,000 base stations across 80% of the global population) by using token incentives to crowdsource infrastructure. Customer spending is already running at $11M annually and tripling YoY. The big questions is can this network become the essential backbone for self-driving cars, drones, and robotics the way GPS became for smartphones? Read more →

Blockworks has acquired Messari, combining two of the biggest crypto data and research brands in the U.S. The WSJ reports Blockworks paid just over $10 million for Messari – a sharp drop from the ~$300 million valuation Messari reached during the 2022 boom. That discount says a lot about how much the crypto research business has changed. The old model was built around big teams packaging public data into reports. Now, AI is making that work cheaper, faster and easier to replicate. Blockworks’ bet is that the next version of crypto intelligence is less about newsletters and research PDFs, and more about APIs, standardized disclosures, compliance tools, ratings, and AI workflows for onchain markets. Read more →

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