Year: 2024
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Insights
Bitcoin remains resilient amid DXY’s strength
Quick Take The DXY index, a measure of the US dollar’s value relative to a basket of six major currencies,…
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Insights
Bitcoin long liquidation dominance hits 70% in June amid 2024 market volatility
On-chain Highlights DEFINITION: The percentage of long liquidations out of all liquidations in a given timeframe, i.e., long liquidations /…
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Insights
Bitcoin spot volume data shows significant buying pressure pre-halving
Onchain Highlights DEFINITION: Spot Cumulative Volume Delta (CVD) measures the net difference between buying and selling trade volumes, specifically highlighting the…
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Insights
Bitcoin’s dormant supply rises 3%, echoing past bull run patterns
Onchain Highlights DEFINITION: The percent of circulating supply that has not moved in at least three years. Bitcoin’s percent of…
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Insights
ETF trading volumes on decline, failing to hit $3 billion since mid-May
Quick Take On July 2, Bitcoin (BTC) exchange-traded funds (ETFs) experienced their first outflow of July, as reported by Farside.…
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Insights
Odds of Biden dropping out of presidential race surge as high 63% on Polymarket
Quick Take According to crypto prediction platform Polymarket, users are betting on a 55% chance that President Biden will withdraw…
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Insights
Bitcoin basis trade unwind reflected in shifting futures market and lack of inflows
Bitcoin futures on CME have plummeted by nearly 40,000 BTC from their peak, and the dramatic single-day drop on June…
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Insights
Bitcoin correlation to S&P 500 goes negative indicating potential bottom
Quick Take Bitcoin (BTC) has often mirrored the S&P 500 (SPX), with periods of positive correlation in the past five…
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Insights
Low Bitcoin volatility marks potential market maturation amid steady prices
Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values…
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Insights
Bitcoin price trends post-halving: Historical data points to cyclical surges
Onchain Highlights DEFINITION: Analysis of Bitcoin’s price performance across all epochs following each halving event. Bitcoin’s price performance following each…
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