Year: 2024
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Insights
From gold to Bitcoin: ETFs excel while miners falter post-launch
Since the inception of the first Gold ETF, investors have seen significant shifts in market dynamics. The introduction of Bitcoin…
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Insights
Short-term Bitcoin holders show restraint in recent price drop
Quick Take Amid Bitcoin’s recent 12% price decline, data suggests that short-term holders — those who have held the digital assets…
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Insights
Bitcoin surges above $60,000 following jobs report
Quick Take Trading Economics data shows that the unemployment rate edged up to 3.9% in April, surpassing expectations of holding…
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Insights
Hong Kong firm invests $38 million in BlackRock’s IBIT, highlighting appeal of US ETFs
Quick Take Farside data shows that the Bitcoin exchange-traded funds (ETFs) witnessed an outflow of $34.4 million on May 2.…
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Insights
Challenging the notion of ‘Stag’ or ‘Flation’
Quick Take Federal Reserve Chair Jerome Powell dismissed concerns about stagflation following the release of the latest US economic data.…
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Insights
Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge
Quick Take Over the past few days, Bitfinex has recorded a substantial 6% increase in Bitcoin (BTC) long positions held…
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Insights
Fidelity leads with inflows as Bitcoin ETFs capture $217M in one day
Quick Take According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on…
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Insights
Bitcoin mining difficulty set for sharpest drop since FTX collapse
As Bitcoin approaches another critical juncture post-halving, the crypto mining landscape braces for its biggest challenge since the December 2022…
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Insights
As Marathon Digital joins S&P SmallCap 600, shares surge 18%
Quick Take Marathon Digital Holdings Inc. (MARA), the largest Bitcoin mining company in terms of market cap, is set to…
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Insights
Bitcoin’s April plunge leads to $2.92 billion in spot outflows
Quick Take Bitcoin faced massive selling pressure in April 2024, recording its most significant monthly decline of 15% since November…
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