Year: 2024

Bitcoin liquidations total $310 million in the past two days

Quick Take The recent surge in Bitcoin’s price has triggered a remarkable volume of liquidations. On Oct. 23, Bitcoin-specific liquidations…

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Huge one day candle sees Bitcoin pass key Glassnode indicator teasing potential outsized gains

Quick Take Bitcoin’s recent performance managed to capture significant attention. On Oct. 23, the digital currency appreciated by 10% in…

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Bitcoin supply absorption by various cohorts suggests impending halving event not fully priced in

Quick Take A deep dive into Bitcoin’s issuance reveals a fascinating trend as the next Bitcoin halving event approaches. The…

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Unprecedented series of Bitcoin inflows and outflows observed across exchanges

Quick Take On Oct. 24, significant Bitcoin (BTC) exchange movements were recorded, signaling a potential market shift. Binance experienced its…

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Ethereum dominance against Bitcoin takes sharp dive

Quick Take The evolving dynamics in the cryptocurrency market are clearly reflected in the Ethereum-Bitcoin ratio, which is inching closer…

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Rising Bitcoin and unstable Yen means BOJ faces stiff decisions

Quick Take As Bitcoin records a year-to-date high of $35,000, turmoil stirs in traditional currencies. The Japanese Yen has breached…

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Digital asset market cap surges by $250 billion in October as tech stocks plummet

Quick Take The ‘Magnificent 7’, a moniker for the top 7 tech stocks – Apple, Tesla, Nvidia, Amazon, Meta, Google,…

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Surge in Bitcoin Lightning Network capacity may just be the tip of the iceberg

Quick Take A rapid surge in the capacity of Bitcoin’s Lightning Network is now nearing a year-to-date high of over…

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Bitcoin’s correlation with Nasdaq drops to YTD low of -0.82

Quick Take The performance of Bitcoin (BTC) within the current financial year has been remarkable, with an over 100% appreciation,…

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US Q3 GDP growth beats expectations as ECB holds steady

Quick Take Recent macroeconomic data highlights significant events in the international fiscal landscape. The European Central Bank (ECB) held its…

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