Bitcoin Suisse

The best-performing crypto sector in August was the worst-performing one in June. Memes moved to joint first at +48.4%, in a month when 85 of the top 100 assets advanced. New trading channels gave renewed retail speculation fresh distribution, and the activity converted into cash flow. Meanwhile, tokenization moved the other way. Despite tremendous adoption, it was the only category to fall, at -11.7%, another reminder that adoption is not equal to token value accrual. Cash flow alone does not settle valuations either. Two Layer 1s on our dashboard are priced at multiples more than ten times apart. The full sector table and revenue dashboard are in the September Industry Rollup. Link in the comments. *** This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

This week's frontier AI model launches came with lower prices, as vendors increasingly compete on how much useful work a model completes per dollar. That bears on one key assumption behind the AI investment race: that proprietary frontier intelligence remains scarce enough to sustain exceptional rents. Open-weight models now deliver performance increasingly close to leading closed models at a fraction of the cost per task. Recent developments strongly imply that the performance gap is narrowing faster than the cost gap. Two readings follow. Jevons paradox suggests cheaper intelligence could drive even more usage and compute demand. Or, if competitive advantages prove less durable than assumed, the industry may discover it built infrastructure for a far less concentrated profit pool. In either case, our research team argues that what changes the risk profile is how the build-out is financed. The Crypto Wealth Management Report 2026 looks at how that financing is structured, and where the exposure sits. Link in the comments. *** This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

Bitcoin's bear market opened with a liquidation shock on October 10, 2025. Between August 19 and 28, almost 20,000 BTC of short positions, approximately $1.5 billion, were closed out in the opposite direction. In our view, the two may mark both ends of this bear market. A liquidation is still an event rather than evidence, so our Head of Research, Dominic Weibel, went back to the eight conditions that sustained the decline and checked which of them still hold. As of September 2, seven had reversed. The eighth is still open, and Bitcoin's recent moves to its highest level since January has brought it into play. The article sets out what would settle it and the three paths Bitcoin could take from here. Read it here: https://lnkd.in/dCzGCssf ***   This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

Four networks moved toward quantum-resistant signatures in August, each covering a different distance. Algorand and NEAR went furthest, with post-quantum signatures now live on mainnet, while Sui has set dates for its migration. Bitcoin remains at an earlier stage, with two proposals brought to the table: SHRINCS, a formally specified signature scheme that is still a draft, and DropKick, which would freeze rather than burn coins that miss the migration. The Key Crypto Developments of our September Industry Rollup set out where each one stands, and our Quantum Hub covers the fundamentals. Links in the comments. *** This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

August reversed June's washout, with 85 of the top 100 assets advancing. Memes staged the clearest reversal, moving from the weakest sector in June to joint first, while tokenization was the lone sector to decline in that rebound. Which explanation comes closest? *** This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

Bitcoin may already have found its floor, according to our Head of Research Dominic Weibel. He points to several signs. Realized and implied volatility had fallen very low before the August recovery, and when prices broke out of that calm, short positions were forced to close. Indicators such as the Realized Price now suggest the low is behind us, and easing selling pressure indicates that many investors who wanted to sell have already done so. A confirmed uptrend still requires overhead resistance to be cleared, and even with the bottom in, the path higher may remain uneven. In his interview with cash.ch, republished by Bilanz, Dominic explains why lower volatility does not have to limit the upside and what he expects to drive demand in the years ahead. Read the full interview here: https://lnkd.in/d6yYyXzp *** This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

Last week, the SEC opened a five-year path for tokenized U.S. stocks to trade onchain.   The Innovation Exemption lets qualifying venues trade tokenized stocks under conditions that include symbol limits and volume caps. SEC Chairman Paul Atkins said the relief must be followed by durable rulemaking to keep onchain markets a viable pathway.   Our Crypto Wealth Management Report 2026 carries a guest contribution on this subject from B. Salman Banaei, General Counsel at Plume. In his view, innovation exemptions limited by time, product and volume are useful for a pilot, but large institutions will not build on a framework that may lapse.   He sets out what legal certainty would require, and why he believes the U.S. risks ceding ground to jurisdictions that are not waiting. Read his full contribution in the report: https://lnkd.in/evfn8g_b   The views expressed are the contributor's own. *** This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

Private banks spent decades building the compliance frameworks that protect their clients' wealth. Digital assets must now meet the same standard. As digital assets become a more relevant part of professionally managed portfolios, external asset managers and family offices are looking beyond asset selection. The more fundamental issue is how those assets can be accessed, safeguarded and managed within a robust regulatory and compliance framework. At our breakfast session in Geneva, Mercedes Nieto, our Chief Compliance Officer (Europe) & Head Regulatory, will draw the parallels between crypto compliance and traditional finance and show where blockchain analytics comes into client risk management. She will be followed by Elodie Sogan, Relationship Manager, who will then moderate a panel featuring Mercedes and Biba Homsy, Founding Partner at Homsy Legal. 📅 Tuesday, October 6, 2026 | Doors open at 08:00 CET 📍 Breitling Kitchen | Quai des Bergues 31 | 1201 Genève Seats are limited and available on a first-come, first-served basis. Register here: https://lnkd.in/e8u6kP9P

📊 Chart of the Week: ZEC Breaks $1.5K. Upgrade Vote or Regulatory Tailwind?   Zcash (ZEC) traded above $1.5K this week for the first time in many years. It is now up almost 200% since the end of August.   The move followed results, published Monday, from a holder vote on the network's next major upgrade. The proposal to cut the target block time to 25 seconds from 75 seconds received 99.9% of the ZEC-weighted vote, while 98.9% supported preserving the existing halving schedule. It also coincided with the SEC's innovation exemption, which sent several directly affected projects higher, including ZEC, up 33% on the week alongside double-digit gains in UNI and NEAR.   The Weekly Wrap charts ZEC's run from January and the governance decision behind the latest leg. The issue also covers the Clarity Act's 49–50 failure in the Senate, the Fed's first rate hike in more than three years, Circle's Arc mainnet launch with BlackRock, Visa and Mastercard among its founding validators, and the jump in bearish retail stock sentiment to its highest level since the April 2025 tariff announcements.   Read the full Wrap: btcs.ag/ww180926 Listen to the AI-generated audio summary: 🎧 Spotify: btcs.ag/wwspot180926 🎧 Apple Podcasts: btcs.ag/wwapod180926   Thanks for wrapping up the week with Bitcoin Suisse. ***   This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn

Bottom calls tend to get made as a single judgment. The evidence rarely arrives that way. Bitcoin's bear market rested on a set of distinct conditions, and they have not all resolved at the same time. Our research team set each one against the evidence available now. Most have reversed. What has not is what decides the next move, and only price can settle it. The full framework, including what would invalidate it, is the special edition feature of September's Industry Rollup: https://lnkd.in/dst9iFVR   ***   This social media post is for information purposes only, limited to our followers in Switzerland, and does not constitute an opinion, legal or investment advice or any other statement that creates any obligation or responsibility on the part of Bitcoin Suisse (BTCS). Disclaimer and Disclosure Statement: https://lnkd.in/dR6fXEHn