Year: 2024
-
Insights
Bitcoin’s 195% gain overshadows the tech sector’s ‘Magnificent 7’
Quick Take Comparing the performance of the ‘Magnificent 7’ tech stocks—Nvidia, Meta, Microsoft, Amazon, Google, Tesla, and Apple—to Bitcoin shows…
Read More » -
Insights
Short-term holders transfer record $4.3 billion in profits to exchanges
Quick Take Short-term holders, investors who have held Bitcoin for less than 155 days, transferred 65,000 Bitcoin in profit to…
Read More » -
Insights
Fidelity’s Bitcoin ETF reaches its personal record with a $473 million single-day inflow
Quick Take Data from BitMEX shows that the Bitcoin exchange-traded funds (ETFs) observed an inflow of approximately $473 million, equivalent…
Read More » -
Insights
Bitcoin’s hash rate hits record high after difficulty drop
Quick Take Bitcoin’s hash rate, an indicator of the computational power used for mining and processing transactions, has recently achieved…
Read More » -
Insights
High volatility drives spot Bitcoin volume to $26 billion
Quick Take Recent Glassnode’s data captures intriguing shifts in Bitcoin’s spot volume, tracking the aggregate trading volume of Bitcoin against…
Read More » -
Insights
$360 million sent Bitcoin from $68k to $71k amid highest spot buying of 2024
Glassnode’s Bitcoin Spot Cumulative Volume Delta (CVD) registered its highest reading of 2024 on March 11, hitting nearly $900 million.…
Read More » -
Insights
Bitcoin ETFs see $505 million total inflows led by BlackRock as VanEck breaks record
Bitcoin ETF inflows surged on March 11, 2024, with a net gain of $505.5 million, according to data from Bitmex…
Read More » -
Insights
Bitcoin leverage again flushed at US Market Open as inflation rises, misses estimates
In the wake of new inflation data, the crypto market experienced $164.52M in liquidations over the past 12 hours, with…
Read More » -
Insights
Grayscale sees 83% decrease in outflows as mini BTC ETF filing stems bleed
Grayscale Bitcoin Trust (GBTC) has experienced a potential shift in investor sentiment, as evidenced by the significant drop in outflows…
Read More » -
Insights
Net $680 million flows into Bitcoin ETFs as Grayscale outflows tick back up to $276 million
Bitcoin ETFs continued their strong performance on March 13, with a net inflow of $683.7 million, according to data from…
Read More »
