Insights
-
Bitcoin miners eye critical $62,000 price level to maximize profits in Q3
Bitcoin miners could achieve GAAP accounting net profits this quarter if Bitcoin’s price holds above $62,000 by the end of…
Read More » -
US labor market and manufacturing strengthen leading to $63k bitcoin price
Bitcoin surged above $63,000, gaining 6.5% in 24 hours, following US jobs data and the Federal Reserve’s 50-basis-point rate cut.…
Read More » -
Fidelity spearheads $186 million surge in Bitcoin ETF inflows, Ethereum ETFs face $15 million outflow
Bitcoin ETFs recorded net inflows of $186.8 million on Sept. 17, up from $12.8 million the previous day. Fidelity led…
Read More » -
Bitcoin should be at $83,883 by 2020 standards, $696k scaled to 2012 growth
Bitcoin’s price is lagging behind previous halving cycles, according to recent data from Halving Tracker. At 151 days after the…
Read More » -
Bitcoin ETF inflows plummet from $263.2 million to $12.8 million
On Sept. 16, Bitcoin ETFs saw net positive flow of $12.8 million. This is a significant drop from the $263.2…
Read More » -
Bitcoin exchange reserves drop to 2018 levels
The number of Bitcoin held on exchanges significantly declined in September, dropping to levels last seen in mid-November 2018. Since…
Read More » -
Fed’s rate decision looms with 63% odds favoring a cut
On Sep. 18, the Federal Open Market Committee (FOMC) faces a critical vote on whether or not to lower the…
Read More » -
SOPR shows long-term holders are taking profits
In the past week, spent output profit ratio (SOPR) data showed the market was in a profit-taking phase, influenced mainly…
Read More » -
Bitcoin fees stabilize in September after August spike
Bitcoin fees have been remarkably stable throughout September, given the sharp spike they experienced in late August. On Aug. 22,…
Read More » -
Bitcoin transactions plummet by over 50% in a week
There has been a notable drop in the total number of Bitcoin transactions in the past week. Between Sept. 8…
Read More »