Year: 2024
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Insights
Global central banks break synchronization: Swiss National Bank cuts rates again
Quick Take Data from Trading Economics shows that on June 20, the Swiss National Bank once again cut its benchmark…
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Insights
Public companies adopting Bitcoin as treasury asset see shares soar
Quick Take Let’s examine the share price performance of publicly traded companies that have adopted Bitcoin (BTC) as a treasury…
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Insights
Fifth consecutive trading day of Bitcoin ETF outflows totals $139.9 million
Quick Take Farside data shows that on June 20, Bitcoin (BTC) exchange-traded funds (ETFs) experienced a net outflow of $139.9…
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Insights
Retail Bitcoin cohorts evolve from ‘dumb money’ to ‘smart money’
Retail investors, often dubbed “dumb money”, have historically been seen buying Bitcoin at its peak, only to sell at a…
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Insights
Bitcoin dominance rebounds to 55% by mid-2024
Onchain Highlights DEFINITION: Bitcoin Dominance, denotes Bitcoin’s market capitalization as a percentage of the total market cap of all cryptocurrencies.…
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Insights
$57.9k Bitcoin threshold: A make-or-break point for ETF investors
Quick Take Analyzing moving averages such as the 200-day and 200-week moving averages can provide insights into Bitcoin’s support and…
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Insights
Early 2024 MVRV Z-Score spike signaled possible correction phase for Bitcoin
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
Friday slump continues: Bitcoin drops over 1%, aligning with six-month trend
Quick Take Bitcoin experienced a notable dip below $64,000 on Friday, June 21. According to Velo’s data covering the last…
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Insights
Transaction fees dominate Bitcoin miner revenue at pivotal halving
Onchain Highlights DEFINITION: The percentage of miner revenue derived from fees, i.e. fees divided by fees plus minted coins. Bitcoin…
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Insights
Bitcoin’s realized market cap hits $600 billion
Onchain Highlights DEFINITION: Realized Cap values different part of the supplies at different prices (instead of using the current daily…
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