Year: 2024

Grayscale and Purpose Bitcoin see strong outflows amid spot ETF launches

Quick Take In the latest week of financial assessment, the digital asset market saw a substantial total net inflow of…

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Spot Bitcoin ETF introduction triggers Bitcoin’s largest daily fall since FTX crisis

Quick Take Bitcoin’s price underwent significant volatility in response to the spot Bitcoin ETF, according to a recent analysis. On…

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Bitcoin accumulation trend hits lowest point since October, signaling widespread distribution shifts

Quick Take The Accumulation Trend Score, a metric that measures the relative strength of Bitcoin (BTC) accumulation by different entity…

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Bitcoin’s surging correlation with Nasdaq signals convergence with traditional finance

Quick Take Following the launch of spot Bitcoin ETFs, Bitcoin appears to be realigning itself with the traditional finance ecosystem.…

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Bitcoin inches up while leading ETFs slide further down in pre-market trading

Quick Take As Bitcoin (BTC) charts a modest increase, pushing toward the $43,000 mark—an approximately 1% rise over the last…

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Grayscale moves $387 million in Bitcoin to Coinbase in possible redemption play

Quick Take Just before the U.S. market opened on Jan. 16, Grayscale, the world’s largest digital currency asset manager, initiated…

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Grayscale Bitcoin Trust sees $1.18 billion exodus amid spot ETF popularity

Quick Take According to James Butterfill, analyst at CoinShares, net outflows have reached a staggering $424 million this week as…

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Bitcoin’s 200-week moving average breaks above $30,000 in market milestone

Quick Take Bitcoin’s short-term price action is currently navigating through an intriguing phase. For the first time, Bitcoin’s 200-week moving…

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Nearly $2 billion in dormant Bitcoin moves after five years

Quick Take The digital asset market has seen a remarkable event as approximately $1.9 billion worth of Bitcoin – about…

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Grayscale outflows add further $800 million BTC liquidity to Coinbase Prime OTC desk

Quick Take According to Arkham Intelligence data, Grayscale transferred another 18,400 BTC to a Coinbase Prime hot wallet on Jan.…

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