Year: 2024

Coinbase custodies 2.27 million BTC, representing 10.83% of Bitcoin’s supply

Quick Take According to an X account, Sani, the founder of TimeChainIndex.com, the Coinbase group currently custodies a total of…

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Bitcoin drives Morgan Stanley fund’s strategy with key positions in IBIT and MicroStrategy

Quick Take According to a recent SEC filing, the Morgan Stanley Institutional Fund, Inc. – Counterpoint Global Portfolio reported total…

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IREN advances toward 50 EH/s target as August BTC production climbs

Quick Take In August, several publicly traded Bitcoin miners provided updates on their production and operations. RIOT reported producing 322…

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Ethereum exchange reserves fall to lowest levels since 2016 amid price volatility

Onchain Highlights DEFINITION: The total amount of coins held on exchange addresses. Ethereum (ETH) balance on exchanges has seen a…

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Bitcoin’s active address volatility highlights user engagement beyond price cycles

Onchain Highlights DEFINITION: The number of unique addresses that were active in the network either as a sender or receiver.…

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Bitcoin ETF outflows hit $211.1 million in one day, total surpasses $1 billion since August 27

Quick Take Recent data from Farside reveals significant outflows from Bitcoin ETFs on Sept. 5, totaling $211.1 million. This marks…

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Bitcoin derivatives climb to 28% of liquid supply

Quick Take The paper gold market, which includes gold derivatives such as futures, options, and ETFs, is significantly larger than…

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U.S. jobs data miss prompts Bitcoin rise to above $56,000 amid rate cut speculation

Quick Take On Sept. 6, the US released its latest jobs data, revealing that non-farm payrolls increased by 142,000, falling…

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Bitcoin consolidation tests investors’ patience amidst volatile market sentiment

Quick Take Bitcoin continues to hover in the mid-$50,000s, entering a consolidation period characterized by downward volatility. This period has…

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Bitcoin active address momentum slows, echoes post-peak declines of 2018 and 2021

Onchain Highlights DEFINITION: This metric, compares the monthly average 🔴 of new addresses against the yearly average 🔵 to underline…

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