Year: 2024

Convergence in drawdowns of Bitcoin and U.S. long bonds, as TLT plunges

Quick Take Last week, Oct. 18, analyst Dylan Leclair observed a similarity in the drawdowns of Bitcoin and TLT. A…

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Potential approval of Bitcoin ETF drives OTC sales as digital asset inflows surge across board

Quick Take The potential approval of a spot ETF for Bitcoin has spurred a significant increase in bullish inflows in…

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Options traders target $50,000 Bitcoin in Q1 2024

Quick Take The Bitcoin (BTC) options market is currently signaling a strikingly bullish sentiment, with an unprecedented premium on calls…

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Bitcoin’s climb past $35,000 triggered over $221 million in liquidations

Quick Take A remarkable spike in Bitcoin’s value during the early hours (UTC) has precipitated a slew of liquidations across…

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Bitcoin’s dominance hits highest level since April 2021 as Ethereum suffers

Quick Take Data analysis reveals a noteworthy trend in the crypto market as Bitcoin’s dominance has surged, hitting a fresh…

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Public funds invested $43 million into Bitcoin in a single day, representing 10% of the year’s total

Quick Take Recent data shared by Pillage Capital from Bloomberg data reveals a remarkable surge in Bitcoin investments by public…

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Bitcoin futures volume surges 233% in 24 hours to reach $87 billion

Quick Take Amid Bitcoin’s near 20% surge to the $35,000 mark within the past five days, the volume of Bitcoin…

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Short-term holders rush to sell Bitcoin amid market pump

Bitcoin’s recent surge to $35,000 is just the beginning of this intriguing story. We delve into the fascinating trend of…

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Bitcoin closes in on Buffet’s Berkshire Hathaway as ‘rat posion’ overtakes Tesla by market cap

Quick Take The recent bullish trend in Bitcoin’s price has led to a significant upturn in its market capitalization, which…

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CME sees over 100k BTC in open interest amidst rising institutional interest

Quick Take The interest in Bitcoin is on an upward trajectory, a trend palpable in the recent data analysis. One…

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