Insights
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$300 million worth of Bitcoin moved in a single day through Bitfinex
Quick Take Nov. 2, 2023, carved its place in the crypto-annals as the day witnessing the seventh-largest inflow into exchanges…
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USDC circulation decreases by $300M in 24 hours
Quick Take As per recent data analysis, USD Coin (USDC) is witnessing a significant contraction in its circulating supply. The…
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The shrinking giant: Fed’s balance sheet down by $1T
Quick Take The Federal Reserve’s balance sheet has seen another sizeable reduction this past week, shedding approximately $40 billion. This…
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Bitcoin holds above $34k despite surprise uptick in US unemployment
Quick Take The latest U.S. jobs data reflected a perceptible deviation from consensus expectations, leading to subtle reverberations in the…
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Bitcoin withdrawals reach one of the highest levels of the year
Quick Take The current year has marked a significant shift in the Bitcoin exchange flow. A renewed momentum in Bitcoin…
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New growth in top stablecoin supply could signal a return of on-chain liquidity
Quick Take The recent data highlights a return to growth in the supply of the top five stablecoins – USDT,…
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Binance saw almost half of the $114M liquidations in the past 24 hours
Quick Take Bitcoin has been struggling to regain the $35,000 price level over the weekend, causing a wave of liquidations…
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Bitcoin spent 2,782 days under $5,000
Quick Take Bitcoin is currently hovering around $35,000, showcasing a remarkable year-to-date increase of over 100%. This surge has piqued…
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Upcoming Bitcoin halving pushes hash rate to all-time high
Quick Take The Bitcoin network has seen a notable uptick in its hash rate, indicating growing mining activity. Following its…
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Long-term holder trends suggest crypto markets could be headed for a bull run
In this intriguing analysis, we delve into the total supply of Bitcoin held at a loss by long-term holders, a…
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