Year: 2024

Short term crypto outlook turns negative as U.S. passes Debt Ceiling Bill

Quick Take The U.S. House of Representatives passed the Debt Ceiling Bill on June 1. This provision will enable the…

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Tether market cap hits all time high

Quick Take Tether’s market cap has just hit an all-time high of $83.2 billion. However, according to Kaiko’s research, Tether’s…

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U.S. unemployment rate comes in at 3.7%, Bitcoin holds $27K

Quick Take The U.S. unemployment rate broke the expected 3.5%, coming in at 3.7%. May nonfarm payrolls were projected at…

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Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M

Quick Take Looking at Bitcoin miner fees, they are still elevated compared to previous years. The total fee paid to…

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Are miners sending Bitcoin to exchanges, waiting for higher prices?

Explore the recent surge in Bitcoin transfers from miners to exchanges as we delve into the potential motivations behind these…

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Is UBI coming for the United Kingdom?

Quick Take Reports have emerged that in the United Kingdom, Universal Basic Income (UBI) will be trialed in two places…

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Looming June FOMC meeting roils Bitcoin market

Quick Take The Federal Reserve’s actions, specifically its interest rate decisions, serve as an external catalyst that influences Bitcoin’s price…

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Bitcoin open interest grows $500M before SEC lawsuit with Binance, highest level since SVB collapse

Quick Take A futures contract is an agreement between two parties to buy or sell an asset (in this case…

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Dissecting the SEC lawsuit through on-chain analysis

Quick Take Following the announcement of the SEC suing Binance, we saw very similar behaviors to when the CFTC announced…

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Yesterday saw the biggest cascade of long liquidations of 2023

Quick Take Yesterday saw the largest cascade of long positions liquidated since April 19, the previous largest long liquidation of…

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