Year: 2024

Bitcoin open interest drops 5% within a 24-hour timeframe

Quick Take Recent market data indicates a significant shift in the Bitcoin landscape, with a notable 5% correction observed in…

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Bitcoin thrives as China combats deflation with fresh liquidity injections

Quick Take Chinese economic trends display a peculiar cycle. In November, China’s inflation rate fell into deflation, marking the second…

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Bitcoin’s 10% drop aligns with historical bullish trend patterns

Quick Take Bitcoin, as it currently stands, is down approximately 10% from its year-to-date high of around $45,000. This decline…

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Positive funding rates challenge Bitcoin’s 5% market slump narrative

Quick Take Bitcoin recently experienced a significant decline, with its value dropping below $42,000 and even hitting a day’s low…

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Bitcoin hash rate slips 8% from all-time high as miners catch a difficulty adjustment break

Quick Take As per the data analysis, the Bitcoin hash rate is currently hovering at approximately 8% below its all-time…

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Short-term holders trigger Bitcoin’s largest sell-off in 18 months with $2B transferred to exchanges

The Bitcoin landscape has been shaken by a remarkable event — the most extensive sell-off by short-term holders in the…

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Bitcoin sees massive return to exchanges with over 10,000 BTC influx

Quick Take The Bitcoin market is witnessing a profound shift with a substantial influx of Bitcoin returning to exchanges. Notably,…

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US inflation meets forecasts as Bitcoin again threatens $42,000

Quick Take The Dec. 12 US CPI inflation data revealed that the headline inflation year over year matched the expected…

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Historical market drawdowns could signal the dawn of a digital currency era

Quick Take Historical data underlines a recurring pattern of significant drawdowns in both stocks and bonds, often preceding seismic shifts…

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Bitcoin miner revenue reshaped by Inscriptions, transaction fees hit $500M in 2023

For years, Bitcoin miners have banked on block rewards for their earnings, but as these rewards wane, a surprising development…

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