Disclaimer

Stage Strategy GmbH is not a registered investment adviser, broker-dealer, or financial planner, and is not registered with the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, FINRA, or any equivalent authority in any jurisdiction. Nothing provided through bikenzo.com constitutes investment advice, a solicitation, or a recommendation to enter into any transaction.

The content is general in nature. It takes no account of your objectives, financial situation, tax position, or needs, and it is not personalised to you in any way.

The BIKENZO terminal presents market data and a computed liquidity index for informational and educational purposes. It is a lens on public data, not a forecast. Any relationship you observe between the liquidity index and the price of Bitcoin or any other asset is an observation about the past and carries no assurance whatsoever about the future.

Data is obtained from third-party and public sources, including the Federal Reserve Economic Data (FRED) service and public cryptocurrency market data providers. We do not guarantee that any data is accurate, complete, current, or uninterrupted. Upstream sources may revise, delay, restate, or withdraw their data without notice.

Where a data series is unavailable to us, the terminal marks the corresponding source as “not connected” and excludes it from the index rather than estimating a value. The index therefore reflects only the sources shown as connected at the time of viewing, and changing which sources are enabled changes the index.

The Global Liquidity Index is our own construction. It is not an official statistic, it is not endorsed by any central bank or public authority, and it is not a standardised or audited measure of anything.

Cryptocurrency and financial markets involve substantial risk, including the total loss of capital. Prices are volatile. Leverage magnifies losses. You should not trade or invest with money you cannot afford to lose, and you should seek advice from a licensed professional in your jurisdiction before making financial decisions.

Stage Strategy GmbH makes no representation, promise, or guarantee regarding investment performance, returns, profitability, or outcomes of any kind. Past performance does not indicate future results. Any statement to the contrary, from any source, is unauthorised and should not be relied upon.

You are solely responsible for your own decisions and for any consequences of them. To the fullest extent permitted by law, Stage Strategy GmbH accepts no liability for any loss or damage arising from your use of, or reliance on, anything provided through this service.

Questions about this disclaimer can be directed to office@bikenzo.com.