Insights
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Bitcoin passes $66k as liquidations surge and halving approaches
Quick Take Bitcoin reached a year-to-date high of approximately $66,400 during European trading hours. Bitcoin Price (Source: TradingView) This resurgence…
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GBTC AUM sees modest $1.6 billion drop post-ETF launch, despite major outflows
Quick Take Data from BitMEX shows March began with the first total outflow since Feb. 21. The day saw an…
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Bitcoin ETPs surpass 1 million BTC, amid gold and bond ETF outflows
Quick Take Recent data from ByteTree highlights Bitcoin held in global Exchange Traded Products (ETPs) had crossed the one million…
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How stablecoins have fueled the recent rise in Bitcoin’s value
Quick Take The Stablecoin Supply Ratio (SSR) created by Glassnode has emerged as a significant factor in analyzing Bitcoin price…
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Fidelity’s Bitcoin ETF records its largest single-day inflow, attracting $405 million
Quick Take As Bitcoin hovers just below the all-time high of $69,000, the ETF sector demonstrates substantial activity, reflecting wider…
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Coinbase slips to third in Bitcoin reserves following massive outflows – CoinGlass
Quick Take Substantial outflows of Bitcoin from exchanges have been a hallmark trend on Coinbase since March 2020. Notably, Coinbase,…
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From tech boom to Bitcoin era: MicroStrategy’s journey to a $20 billion market cap
Quick Take MicroStrategy (MSTR), known for its significant bitcoin treasury, has experienced an impressive financial climb, concluding 24% higher after…
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CME dominates with record BTC futures contracts amidst market surge
Quick Take The Bitcoin derivatives market is witnessing explosive growth. Data from CoinGlass reveals that the Bitcoin open interest, measured…
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Record highs, sharp drops, and rapid recovery trigger $1 billion market liquidation
Quick Take In an extraordinary 24-hour period, Bitcoin soared to a new all-time peak of around $69,200, then experienced a…
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Historical day for Bitcoin ETFs as BlackRock’s inflow hits a record $788 million
Quick Take Data from BitMEX shows that on March 5, a staggering $648 million inflow was recorded into the US…
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