Year: 2024
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Insights
Bitcoin inscriptions surpass 60 million with majority text-based
Quick Take The integration of the Ordinal Theory protocol, and the consequent use of Inscriptions in the Bitcoin ecosystem, have…
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Insights
Binance retakes leads over CME as top Bitcoin futures market
Quick Take Binance has overtaken CME as the leading exchange in terms of Bitcoin futures open interest once again. This…
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Insights
BlackRock Bitcoin ETF’s growth cools off with its smallest net inflow to date
Quick Take According to data from Farside Investors, spot Bitcoin ETFs continued with net inflows on Feb. 6, recording an…
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Insights
Bitcoin’s hash rate soars to record heights
Quick Take Bitcoin’s hash rate has reached an unprecedented high, marking a fourteen-day moving average of 566 exahashes per second…
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Insights
MicroStrategy’s leverage scenarios show potential for astronomical returns on Bitcoin investments
Quick Take In its Q4 earnings report, MicroStrategy disclosed its substantial Bitcoin investment in Q4 2023 of $1.25 billion, which…
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Insights
Spot Bitcoin ETFs see ninth consecutive day of inflows with Fidelity leading the charge on the day
Quick Take On Feb. 7, spot Bitcoin ETF products witnessed a solid net inflow, marking the ninth consecutive day of…
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Insights
Bitcoin’s recovery on track with previous market cycle trends
Quick Take An insightful analysis indicates that Bitcoin is adhering to its historical market trends. In November 2022, during the…
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Insights
Bitcoin breakout against US bonds sees it hit new all-time high
Quick Take A trend emerged between Bitcoin and TLT, the U.S. long bond ETF, in early December as BTC denominated in…
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Insights
Bitcoin hits four-year low in exchange withdrawals
Quick Take Since October 2023, there has been a persistent decline in exchange withdrawals. As per the current data from…
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Insights
Major institutions signal growing interest in Bitcoin ETFs
Quick Take The market for Bitcoin ETFs is witnessing an uptick in interest from institutional investors. BlackRock recently noticed an expansion…
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