Year: 2024

Bitcoin bounces back as BlackRock registers $1 billion in trading volume

Quick Take On Aug. 5, Bitcoin dropped to as low as $49,000, rebounded, then fell again. However, as the US…

Read More »

How does Bitcoin perform historically after its worst day of the year?

Bitcoin has always been synonymous with volatility, but its recent performance on Aug. 5 marked the worst drop this year—16%…

Read More »

Bitcoin ETFs shed $168 million on 7% drop

Quick Take On Aug. 5, Bitcoin (BTC) suffered a significant 7% drawdown. The digital asset hit a local bottom at…

Read More »

Volatile day for Bitcoin sees record $28 billion spot volume, highest since FTX collapse

Quick Take Aug. 5 was marked by significant global volatility, with the VIX soaring above 60 and Bitcoin experiencing dramatic…

Read More »

Semler Scientific acquires additional 101 Bitcoin, increasing total holdings to 929 BTC

Quick Take Semler Scientific reported Q2 earnings on Aug. 5, which saw revenues of $14.5 million for the second quarter,…

Read More »

Bitcoin futures open interest sees largest drop in a year amid market volatility

Quick Take On Aug. 5, global markets experienced wild volatility, prompting a detailed assessment of trading volumes to gauge the…

Read More »

Fidelity’s Bitcoin ETF faces 7th consecutive outflow as Ethereum ETFs continue inflows

Quick Take Bitcoin On Aug. 6, Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced $148.6 million in outflows,…

Read More »

Bitcoin vs. Ethereum: historical data predicts expanding gap in H2

Quick Take Bitcoin remains the benchmark for global assets performance, boasting an impressive compound annual growth rate (CAGR) of 63%.…

Read More »

Bitcoin distribution rate slows down, potential shift towards accumulation

Quick Take At the end of July, Bitcoin’s price surged to approximately $70,000. However, Glassnode data reveals that investor cohorts…

Read More »

Top Bitcoin miners boost July production by 10.9%, led by Marathon Digital

Quick Take Farside data shows that the top 11 Bitcoin mining companies, ranked by market capitalization, have announced their July…

Read More »