Year: 2024

Binance Bitcoin reserves double, while proprietary stablecoin BUSD plummets in 2023

Quick Take Year-to-date data for 2023 reflects significant shifts in Binance’s proof of reserves, an official disclosure of the exchange’s…

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Next cycle’s hypothetical $36k Bitcoin floor, exploring historical data to project future benchmarks

Quick Take Bitcoin’s valuation, often viewed as speculative, can be dissected more accurately through the lens of the ‘realized price‘…

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Bitcoin’s rally near $28,000 sparks $75 million in market liquidations

Quick Take Bitcoin exhibited a price surge of more than 2.5% in the last 24 hours and an overall increase…

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Bitcoin wrestles with key technical indicators as $28k proves a formidable resistance

Quick Take Bitcoin is currently grappling with a pivotal price point. With a value just shy of $28,000, it is…

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Bitcoin’s diminishing cycle returns stir speculation ahead of halving

Quick Take As we stand less than 28,000 blocks away from Bitcoin’s next halving, scheduled for April 21, 2024, the…

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Signs of a thriving Bitcoin network: all-time high hash rate and difficulty ahead of 2024 halving

Quick Take Bitcoin’s underpinning infrastructure is demonstrating remarkable resilience as it approaches the next halving event, projected for April 21,…

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Bitcoin liquidates $70M of short positions as it skyrocketed to $29,800 on rumors of spot ETF approval

Quick Take The recent rumors of a spot ETF approval, as reported by Cointelegraph, have triggered a significant market reaction,…

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Amount of Bitcoin held for a decade or longer nears unprecedented milestone of 3 million coins

Quick Take The Bitcoin landscape is witnessing an unprecedented event, as the number of Bitcoins that haven’t been moved for…

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$200 million in Bitcoin leaves exchanges amid ETF hearsay

Quick Take Over the course of Oct. 16, a total of 7,000 Bitcoin, worth roughly $200 million, vacated exchanges. While…

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Bitcoin’s wild ride to $30k and back reveals short-term holders’ market games

Quick Take The influence of short-term holders on Bitcoin’s market dynamics was palpable yesterday on Oct. 16, as Bitcoin prices…

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