Year: 2024
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Insights
Grayscale Bitcoin Trust achieves record YTD high, outperforming Bitcoin
Quick Take The Grayscale Bitcoin Trust (GBTC) has recently demonstrated a remarkable performance, closing at year-to-date highs and marking a…
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Insights
Ethereum open interest nears record high on CME following 21% surge
Quick Take While CME retains its position as the leading exchange in terms of Bitcoin futures, the past 24 hours…
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Insights
USDT cements leadership with 72% hold on stablecoin market
Quick Take The stablecoin market is witnessing an undeniable dominance by Tether (USDT), which currently holds an impressive 72% market…
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Insights
Bitcoin miners transfer 8,000 BTC amid transaction fee surge
As Bitcoin miners navigate the dynamic landscape of cryptocurrency, a significant movement has caught the eye of crypto observers. A…
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Insights
Bitcoin momentarily surpasses $38k to hit year-to-date high in EU trading session
Quick Take In the recent EU trading session, Bitcoin’s value showed an upward trend, eventually breaking past the significant threshold…
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Insights
Bitcoin sees sixth straight difficulty increase amid record-breaking hash rate surge
Quick Take Bitcoin’s network dynamics are currently going through an exciting phase, with the upcoming difficulty adjustment exceeding 5%. The…
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Insights
Bitcoin small holder addresses hit all-time high, hint at widening user base
Quick Take The Bitcoin (BTC) ecosystem is observing an intriguing trend, with an explosive rise in the number of addresses…
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Insights
Bitcoin futures vs. spot price: Monitoring CME for market insights
Quick Take Recent data from Coinglass shows CME’s percentage of open interest in Bitcoin futures has exceeded 26%, which equates…
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Insights
Gold and Bitcoin rally as traditional economic indicators falter
As inflation tightens its grip and the US debt soars to staggering heights, savvy investors are turning their eyes toward…
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Insights
Purpose Bitcoin ETF hits record holdings in 2023 as Grayscale trust narrows discount
Quick Take The Purpose Bitcoin ETF has carved out an impressive track record over the past few months. The ETF…
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