Year: 2024
-
Insights
Despite 120% YTD growth, Bitcoin’s path may follow historical market corrections
Quick Take As of 2023, Bitcoin has demonstrated a robust rise of over 120% YTD, potentially signaling the onset of…
Read More » -
Insights
Purpose Bitcoin ETF holdings soar past 30k, topping $1 billion amid signs of rising institutional interest
Quick Take Overcoming previous setbacks, the Purpose Bitcoin ETF’s holdings recently surpassed a significant milestone of 30k Bitcoin, a first…
Read More » -
Insights
UK jobs surprise with lower unemployment and higher wages, stoking inflation concerns ahead of key report
Quick Take Recent UK jobs data released this morning indicated unexpected heat—unwanted by the Bank of England (BOE). According to…
Read More » -
Insights
Decline in Bitcoin margined futures signals market shift towards stable collateral
Quick Take The prospect of Cboe Digital introducing margin futures trading for Bitcoin and Ethereum in 2024 comes at a…
Read More » -
Insights
Bitcoin and mining ETF pathways diverge, reflecting shift in investor strategies
Quick Take The correlation between Bitcoin and the Bitcoin mining ETF, WGMI, although strong through much of 2022 and 2023,…
Read More » -
Insights
US inflation cools down with Bitcoin reacting mildly to new CPI data
Quick Take The recently released U.S. inflation data portrays a compelling story. The headline inflation Year-over-Year (YoY) for October was…
Read More » -
Insights
Historical correlation between elections and recessions raises concerns ahead of 2024
In the crucible of economic cycles, the curious dance of presidential elections and recessions unfolds with striking regularity—a trend steeped…
Read More » -
Insights
Record single-day liquidation of $300M as Bitcoin slipped under $35K
Quick Take Bitcoin’s market performance on Nov. 14 presented a notable shift, dipping below $35,000, marking a 9% decrease from…
Read More » -
Insights
Stablecoin shake-up as Tether expands and USDC retreats
Quick Take The stablecoin landscape is witnessing a significant divergence as Tether (USDT) and USD Coin (USDC) continue on distinct…
Read More » -
Insights
Market maturity: Bitcoin investors stay calm amid 5% value fluctuation
As Bitcoin took a 5% plunge, seasoned market watchers prepared for the familiar sight of short-term holders heading for the…
Read More »
