Year: 2024
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Insights
Resurgent stablecoin flow into Bitcoin marks possible market shift
Quick Take The Stablecoin Supply Ratio (SSR), a critical parameter gauging the buying power of stablecoins against Bitcoin, has seen…
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Insights
Key Bitcoin indicators highlight bullish trend, reminiscent of past bull runs
Quick Take Bitcoin’s financial trajectory is demonstrating positive momentum, as substantiated by key moving averages like the Pi Cycle Indicator…
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Insights
Bitcoin transaction fees surge, rivaling Ethereum daily gas fee totals
Quick Take Bitcoin transaction fees have witnessed a significant uptick recently, echoing patterns seen last month during the Inscription frenzy.…
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Insights
Significant drop in Bitfinex Bitcoin longs as whales cash in
Quick Take Analysis of recent data from Datamish offers an enlightening peek into the ongoing behavior of Bitfinex whales, particularly…
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Insights
Upcoming Bitcoin halving could push floor price above $41,000
Quick Take The forthcoming Bitcoin halving in April 2024 is projected to significantly impact the Bitcoin mining landscape, potentially doubling…
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Insights
Record 31% of Bitcoin supply dormant for over five years
With 31.3% of Bitcoin’s supply unmoved for over five years, a fascinating narrative emerges—these stalwarts held firm through rollercoaster market…
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Insights
US spot Bitcoin ETF could dwarf Canada’s $370 million market cap ETF success
Quick Take As anticipation builds around introducing a spot Bitcoin ETF in the United States, the world’s largest financial capital…
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Insights
Ethereum hits year-to-date high with 97% surge
Quick Take Ethereum experienced significant growth in 2023, with a year-to-date high of approximately $2,385, marking a 97% rise in…
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Insights
Bitcoin remains stable as US unemployment drops to 3.7%
Quick Take The current US labor market data exhibits an intriguing dynamic, with the unemployment rate settling at 3.7%, notably…
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Insights
Bitcoin miner revenue per exahash spikes, nearing yearly high
Bitcoin’s mining landscape could be shifting before our very eyes. As miner fees spike, we’re witnessing the revenue per Exahash…
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