Insights
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Advancing mining efficiency in light of Bitcoin’s diminishing returns
After Bitcoin’s first halving, the hash rate skyrocketed by an astonishing 1,364,787,820%. The second saw a significant reduction to 5,448,118%,…
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Bitcoin skyrockets beyond $30,000 amid massive short liquidations
Quick Take On Friday, Oct. 20, Bitcoin breached the $30,000 mark first time since August, edging within touching distance of…
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Asia leads the way as Bitcoin price sentiment turns positive in all regions
Quick Take The Bitcoin market has recently seen a noteworthy shift in sentiment, as its price climbed above $30,000. The…
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Convergence in drawdowns of Bitcoin and U.S. long bonds, as TLT plunges
Quick Take Last week, Oct. 18, analyst Dylan Leclair observed a similarity in the drawdowns of Bitcoin and TLT. A…
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Potential approval of Bitcoin ETF drives OTC sales as digital asset inflows surge across board
Quick Take The potential approval of a spot ETF for Bitcoin has spurred a significant increase in bullish inflows in…
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Options traders target $50,000 Bitcoin in Q1 2024
Quick Take The Bitcoin (BTC) options market is currently signaling a strikingly bullish sentiment, with an unprecedented premium on calls…
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Bitcoin’s climb past $35,000 triggered over $221 million in liquidations
Quick Take A remarkable spike in Bitcoin’s value during the early hours (UTC) has precipitated a slew of liquidations across…
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Bitcoin’s dominance hits highest level since April 2021 as Ethereum suffers
Quick Take Data analysis reveals a noteworthy trend in the crypto market as Bitcoin’s dominance has surged, hitting a fresh…
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Public funds invested $43 million into Bitcoin in a single day, representing 10% of the year’s total
Quick Take Recent data shared by Pillage Capital from Bloomberg data reveals a remarkable surge in Bitcoin investments by public…
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Bitcoin futures volume surges 233% in 24 hours to reach $87 billion
Quick Take Amid Bitcoin’s near 20% surge to the $35,000 mark within the past five days, the volume of Bitcoin…
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