Welcome back to The Gwart Show! Today we’re joined by Bitcoin bull and on-chain analyst Checkmate to discuss Bitcoin's market dynamics, mining economics, and market outlook given the bear victory laps on the timeline. He shares thoughts on on-chain analysis, altcoin markets, ETFs, and the role of Bitcoin in the global financial system, offering a bullish perspective on its long-term potential.Timestamps:00:00 Start00:53 Checkmate intro04:07 Checkmate charting product07:29 Who's the customer?10:37 Current market outlook14:49 Why's everyone bearish?19:03 Different this time?23:46 Institutional interest28:14 Bitcoin development34:39 Bitcoin's future39:40 Actually useful indicators45:27 On-chain metrics49:12 nation-state adoption54:52 Miners holding BTC1:04:28 BTC ETFs1:08:55 ETH ETFFollow our guest on Twitter: @Rob1HamFollow our host: @gwartygwart👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.Enjoy the show? Check out our website and newsletter by clicking here.Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices