Year: 2024
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Insights
As Bitcoin approaches halving, diminishing returns theory faces critical test
Quick Take As the highly anticipated Bitcoin halving event draws closer on Apr. 20, the digital assets community is keenly…
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Insights
Bitcoin’s bullish swing backed by record high short-term holder realized price
Quick Take Bitcoin on-chain data by Glassnode portrays a bullish sentiment, underscored by robust support levels influenced by short-term holders‘…
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Insights
Over 5% of Bitcoin’s circulating supply now held in ETPs
Bitcoin exchange-traded products (ETPs) have achieved a landmark feat, amassing over 1 million Bitcoin. This significant accumulation, representing more than…
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Insights
Bitcoin tumbles to $66,000 triggering over $240 million in market liquidations
Quick Take Bitcoin’s price took a tumble on April 2, briefly dipping just to $66,000 before recovering slightly to around…
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Insights
Bitcoin realized gains soar to $3.3 billion amid profit taking
In a surprising turn, Bitcoin’s realized profits soared to $3.3 billion on April 1, hitting a peak not seen since…
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Insights
Bitcoin ETFs experience first outflow since March 22 at $85.8 million
Quick Take Data from BitMEX shows that the Bitcoin (BTC) exchange-traded funds (ETFs) saw a net outflow of $85.8 million,…
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Insights
Historical patterns repeat as Bitcoin declines before halving
As Bitcoin inches closer to its much-anticipated halving event — now just 18 days away — the crypto titan experienced…
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Insights
Data shows US government often sells at the local lows in the market
Quick Take On Apr. 2, CryptoSlate reported that the US government sold 1,999 Bitcoin (BTC), valued at approximately $130 million,…
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Insights
Emotional trading patterns hit short-term Bitcoin holders’ wallets
Quick Take As Bitcoin’s price has surged roughly 50% since the beginning of 2024, data from Glassnode reveals a noteworthy…
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Insights
Despite Grayscale and ARK’s outflows, Bitcoin ETF market records net inflow
Quick Take Bitcoin (BTC) exchange-traded funds (ETFs) on Apr. 2 experienced a moderate net inflow of $40.3 million, according to…
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