Year: 2024
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Insights
Bitcoin adjusts positively amid Texas heat wave, soaring energy costs
Quick Take Bitcoin’s positive difficulty adjustment of 0.12% marks the 12th of 17 such changes this year, demonstrating its resilience…
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Insights
Bitcoin open interest nears YTD high as Binance, BitMEX see significant surge in allocation
Quick Take Bitcoin open interest (OI) is on the cusp of reaching new Year-To-Date (YTD) highs, rallying on four key…
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Insights
Bitcoin on the brink: Short-term holders tighten market grip as $30,000 threshold looms
Quick Take Bitcoin (BTC), despite its volatility, has remained under the $30,000 threshold, an intriguing scenario attributed to its short-term…
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Insights
Bitcoin futures surge suggesting fresh capital entering market
In a surprising turn of events, the terrain of futures open interest witnessed one of the largest single-day surges.. how…
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Insights
Bitcoin trading flat following uptick in U.S. inflation to 3.2%
Quick Take The recent U.S. Consumer Price Index (CPI) data reveals a stronger inflationary trend than the previous month. Headline…
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Insights
Bitcoin shatters ‘digital gold’ narrative with new independent trading pattern
Quick Take In a striking shift from established patterns, Bitcoin’s correlation with both Ethereum and Gold has significantly decreased in…
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Insights
Troubling signs for Bitcoin as U.S. investors pull back
Quick Take The summer’s end is ushering in continued sideways price action for Bitcoin, as critical indicators point to a…
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Insights
Deciphering the latest CPI data causing a conundrum for Powell
Quick Take The most recent U.S. Consumer Price Index (CPI) data unveils a clear reacceleration in headline inflation, marking a…
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Insights
Fed faces challenge as surging PPI at 0.3% surpasses predictions
Quick Take Recent financial data suggests a growing concern for the Fed as key inflation indicators show unfavorable trends. The…
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Insights
Bitcoin holders display resilience despite market downturn triggered by Silicon Valley Bank collapse
“Amid the chaos of Silicon Valley Bank’s collapse and Bitcoin’s subsequent fallout to below $20,000, a surprising event unfolded. Long-term…
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