Year: 2024
-
Insights
Open interest wanes as Bitcoin deleverages while hitting $28K
Quick Take The cryptocurrency market is witnessing a fascinating juxtaposition as Bitcoin surpasses the $28,000 mark, experiencing a 70% price…
Read More » -
Insights
Bitcoin solidly above short-term holder cost basis reflecting strong investor confidence
Quick Take Bitcoin is currently standing firm above the short-term holder cost basis, with a price point pegged at $27,800…
Read More » -
Insights
As yen weakens and interest peaks, Bank of Japan balances on a policy precipice
Quick Take The Bank of Japan (BOJ) stands at a critical juncture, striving to maintain a delicate balance amid a…
Read More » -
Insights
U.S. fiscal health under scrutiny as debt jumps $275 billion in one day
Quick Take In a startling revelation by analyst Joe Consorti, the total U.S. debt witnessed a sharp increase of $275…
Read More » -
Insights
Bitcoin increasingly accessible as small investors accelerate accumulation
In the ever-evolving Bitcoin investing ecosystem, a fascinating shift is taking place. Meet the ‘Bitcoin shrimps’, a group of investors…
Read More » -
Insights
Stronger-than-expected U.S. jobs data piques dollar and bond markets, leaves Bitcoin underwhelmed
Quick Take New U.S. jobs data reveals intriguing market dynamics. The unemployment rate held steady at 3.8%, though the consensus…
Read More » -
Insights
Investors brace for turbulence as Fed shrinks balance sheet below $8 Trillion
Quick Take The Federal Reserve’s balance sheet contraction has recently crossed the significant $8 trillion benchmark. The balance sheet peaked…
Read More » -
Insights
Bitcoin market signals maturity with record divergence in long and short-term holdings
Quick Take The Bitcoin market has recorded an intriguing divergence between long-term holders (LTH) and short-term holders (STH) with 14,852,000…
Read More » -
Insights
Bitcoin’s exchange balance plummets to five-year low
Quick Take The balance of Bitcoin on exchanges has recently plummeted to a new record low for the year, with…
Read More » -
Insights
Dramatic slide in Bitcoin ‘small holders’ sparks market intrigue
Quick Take In a noticeable shift in Bitcoin ownership trends, the number of addresses holding a balance of 1 Bitcoin…
Read More »