Year: 2024

Market accumulation drove Bitcoin’s realized profits to all-time high pre-halving

Onchain Highlights DEFINITION: Bitcoin’s entity-adjusted realized profit is the entity-adjusted variant of Realized Profit, which denotes the total profit (in…

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Bitcoin ETFs see $1.4 billion in 2 days amid 17-day inflow streak, tying record

Quick Take According to Farside data, Bitcoin (BTC) exchange-traded funds (ETFs) experienced substantial inflows on June 5, with a notable…

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NVIDIA edges closer to becoming world’s most valuable company

Quick Take On June 5, 2024, the Nasdaq and S&P 500 reached unprecedented heights, closing at 19,035 and 5,354, respectively.…

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Bitcoin mining difficulty sees second negative adjustment following April halving

Quick Take According to Newhedge, Bitcoin’s mining difficulty has decreased by -0.78%. This is the second negative adjustment in the…

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MicroStrategy faces highest institutional net short positions among crypto-related firms

Quick Take Analyzing institutions’ net short positions can reveal crucial insights into market sentiment and potential volatility. For instance, examining…

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US creates 272,000 new jobs in May as Bitcoin falls below $71,000

Bitcoin fell around 2% instantly as US nonfarm payrolls rose 272,000 month over month for May, way above the estimated…

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Bitcoin’s ‘hodled or lost coins’ metric falls to 7.7 million BTC

Onchain Highlights DEFINITION: Lost or HODLed Bitcoins indicate moves of large and old stashes. They are calculated by subtracting Liveliness from…

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Bitcoin accumulation addresses surge as market optimism returns

Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least two…

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Decline in crypto-margined futures signals shift towards stable collateral

Onchain Highlights DEFINITION: The percentage of futures contracts open interest that is margined in the native coin (e.g., BTC) and…

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Semler Scientific acquires 247 additional Bitcoin, total holdings reach 828 BTC

Quick Take On May 28, Semler Scientific unveiled its Bitcoin treasury strategy, following the path of companies like MicroStrategy and…

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