Year: 2024
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Insights
Bitcoin difficulty experiences 2% dip amid hash rate decrease
Quick Take The Bitcoin network has experienced a 2% drop in its difficulty adjustment, marking the fourth such decrease in…
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Insights
Big expiration awaits tomorrow, roughly $7B in notional value for Bitcoin and Ethereum
Quick Take Tomorrow, June 30, marks a significant day in cryptocurrency options, with a colossal expiry on the horizon. Approximately…
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Insights
Why the US Q1 GDP came in hot at 2.0%
Quick Take The first quarter of the year witnessed the U.S. GDP outperforming expectations by landing at a 2.0% growth…
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Insights
Gold slides below $1,900, registers lowest correlation with Bitcoin in 2023
Quick Take The June 28 report of the U.S. GDP exceeding expectations has led to notable movements in the economic…
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Insights
Bitcoin realized price reaches a new peak for the year
Quick Take Realized price is a metric that offers an average acquisition cost of the total coin supply on-chain. Historically,…
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Insights
Reacceleration in core inflation for Europe
Quick Take The latest data on European economic indicators were released this morning, June 30, corroborating a pattern that CryptoSlate…
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Insights
Roughly $90M liquidated in 2hrs as Bitcoin sinks below $30K
Quick Take Roughly $90 million of liquidations occurred in the past two hours on the news that the spot ETFs…
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Insights
Bitcoin miners’ aggregate balances continue to grow despite recent flows to exchanges
Despite the talks of miners transferring their Bitcoin holdings to exchanges, the broader picture reveals upward trend in the aggregate…
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Insights
Bitcoin remains mostly steady above $30.5k during weekend trading session
Quick Take During the weekend trading session, Bitcoin traded steadily above $30.5k, with 24-hour liquidations almost split between longs ($32.7M…
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Insights
Record-breaking Texas power demand amid largest Bitcoin hash rate drawdown of 2023
Bitcoin’s network sees its most significant drawdown yet, with the hash rate tumbling. The surprising culprit? A historic heatwave sweeping…
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