Year: 2024

Bitcoin climbs the currency ranks, now 16th largest by market cap globally

Quick Take Bitcoin (BTC), once viewed as a fringe digital asset, has ascended to claim the rank of the 16th…

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Financial markets on edge as Bitcoin spot ETF decision looms, ETF inflows surge

Quick Take As we approach 2024, the financial market remains in suspense over the potential approval of a Bitcoin spot…

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The end-of-year decline in hash rate sparks debate over miner sell-offs

As Bitcoin approaches its anticipated halving event in April 2024, savvy investors are eyeing the telltale signs within the mining…

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Current Bitcoin cycle outpaces previous market trends while cautiously eyeing historical retracement risks

Quick Take Analyzing Bitcoin’s previous market cycles, it’s evident that the current cycle is demonstrating a robust performance despite being…

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Bitcoin’s volatile year yields $90 billion in profits amidst $53 billion in losses

Quick Take The fiscal landscape of 2023 for Bitcoin painted an intriguing picture. Although Bitcoin surged about 160% year-to-date, a…

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Bitcoin’s early 2024 rally stokes anticipation for potential ETF green light

Quick Take The opening of 2024 has seen Bitcoin demonstrating a robust performance, with an 8% increase already recorded. A…

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Bitcoin’s buying power bolstered by stablecoin market movements

Quick Take Observations since October 2023 indicate a consistent upward trend in the Stablecoin Supply Ratio (SSR), closely tracking the…

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Bitcoin CME futures and Coinbase show renewed premiums as institutional interest spikes

Quick Take A notable development ensues as Bitcoin enters 2024 with the reappearance of premiums on both Chicago Mercantile Exchange…

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Long-term Bitcoin holders demonstrate market resilience with a large majority in profit

Discover what recent data tells us about Bitcoin’s stalwart believers: long-term holders who have weathered the ups and downs of…

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Bitcoin outshines Ethereum, leads for four successive quarters in performance

Quick Take Bitcoin has maintained a notable ascendancy over Ethereum throughout 2023, sustaining a performance that outstripped Ethereum each quarter.…

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