Year: 2024
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Insights
Bitcoin price resilience hinged on short-term holder cost basis, on-chain analysis shows
Quick Take Bitcoin’s price dynamics are exhibiting a pattern of consistent reliance on the short-term holder cost basis as a…
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Insights
Russian turmoil fuels unprecedented USDT/RUB trade volume surge
In the throes of Russia’s turbulent period, a startling surge has gripped the USDT/RUB trading pair, hitting a year-to-date high…
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Insights
Cleveland Fed nowcasts signal escalating inflation pressures, crypto market bracing for impact
Quick Take The Federal Reserve Bank of Cleveland’s innovative approach to analyzing inflation presents a concerning picture. Utilizing its inflation…
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Insights
US 10Y hits highest close since June 2008 as Bitcoin loses $29,000 support
Quick Take Bitcoin has slipped below its $29,000 support level, currently lingering around $28,500, as multiple macroeconomic factors coalesce to…
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Insights
Bitcoin short-term investors capitulate under market pressures
Quick Take Bitcoin’s support level at $29k has recently been breached, leading to significant action from short-term investors. Those who…
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Insights
Why Bitcoin hash rate just hit an all-time high
As Bitcoin’s hash rate reaches an unprecedented milestone, surpassing 400 trillion hashes per second, it signals an end to miner…
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Insights
Bitcoin’s flat trend amid surging treasury yields signals potential price upheaval
Quick Take A striking parallel is observed in the price behavior of Bitcoin during the banking collapse in March 2023…
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Insights
Bitcoin’s plunge to $26.1k triggers massive reset in crypto market dynamics
Quick Take The recent plummet of Bitcoin to $26.1k was a massive liquidation event, underlined by significant changes in the…
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Insights
Bitcoin pricing on Binance, Coinbase shows unexpected divergence as BNB experiences sharp drop
Quick Take Bitcoin’s pricing on Binance and Coinbase, two of the world’s leading crypto exchanges, has begun to show significant…
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Insights
Bitcoin in turbulent waters as East Asian economic headwinds intensify
Quick Take Bitcoin, the leading cryptocurrency, finds itself in stormy seas as it contends with economic headwinds rolling in from…
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