Year: 2024
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Insights
Semler Scientific Bitcoin strategy sets BTC per share at 0.0000842
Quick Take MicroStrategy was the first publicly traded company in the US to acquire Bitcoin and use it as a…
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Insights
Bitcoin benchmark: Only eight digital asset tokens hit ATHs in BTC post-FTX collapse
Quick Take Since the collapse of FTX in November 2022, only eight digital asset tokens have broken their previous all-time…
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Insights
Tether asserts almost 75% dominance in stablecoin market
Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top…
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Insights
Rising MVRV Z-Score signals possible Bitcoin bull run
Onchain Highlights DEFINITION: The MVRV Z-Score evaluates whether Bitcoin is overvalued or undervalued relative to its “fair value.” Instead of…
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Insights
Institutional participation fuels Bitcoin futures resurgence
Onchain Highlights DEFINITION: Bitcoin futures open interest (OI) is the total amount of funds allocated in open futures contracts. Bitcoin…
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Insights
Fidelity’s $119.1 million inflow boosts Bitcoin ETF gains as inflows hit 13-day streak
Quick Take On May 30, Farside data revealed that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced another inflow of $48.8 million,…
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Insights
Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions
Quick Take Kraken, the digital asset exchange, recently experienced its largest outflow in dollar value, with approximately $1.6 billion being…
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Insights
Rising M2 money supply signal potential tailwinds for Bitcoin
Quick Take Analyzing recent data from the Federal Reserve Economic Data (FRED), we observe significant trends in the Federal Reserve’s…
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Insights
Over 90% of Bitcoin supply remains profitable despite market volatility
Onchain Highlights DEFINITION: The percentage of entities in the network that are currently in profit is based on the amount…
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Insights
Surging Bitcoin fees post-halving highlight new revenue dynamics for miners
Onchain Highlights DEFINITION: Total transaction fess are the total amount of fees paid to miners. Issued (minted) coins are not…
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