Insights
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Despite market volatility, MicroStrategy’s “BTC per Share” reaches near record levels
Quick Take MicroStrategy (MSTR) has recently experienced a pullback in its stock price, currently trading around $1,260 per share, down…
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Surge in Bitcoin fees short-lived as Runes transactions dip
Quick Take The Bitcoin halving on April 20 catalyzed a surge in miner fees, largely due to the highly anticipated…
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Metaplanet Inc. purchases 1 billion yen worth of Bitcoin
Quick Take Metaplanet Inc. finalized its acquisition of 97.85 Bitcoins, amounting to a total purchase price of 1 billion Japanese…
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Bitcoin weathers turbulent April, down 11% amid tax sell-offs, gold surge, and geopolitical tensions
Quick Take April has been a turbulent month for Bitcoin, with its price trading around $70,000 at the start of…
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URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
Quick Take The URPD metric by Glassnode provides insights into the distribution of Bitcoin unspent transaction outputs (UTXOs) based on…
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Bitcoin accumulation addresses decline sharply in 2024
Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least 2…
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Bitcoin sees $117 million inflow into ETFs, Ethereum ETFs continue minor inflows
On Sept. 10, data indicated mixed Bitcoin ETF activity across several major issuers. Fidelity’s FBTC ETF saw the most significant…
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US national debt hits $35.3 trillion as Bitcoin’s relative strength alters perspectives
The US national debt has reached a staggering $35.347 trillion as of Sept. 9, 2024, marking a significant increase of…
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Bitcoin’s correlation with Nasdaq rises to 0.39, diverges from gold at -0.40
Bitcoin’s correlation with traditional financial markets has been a topic of significant interest and debate in recent months. The latest…
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Annual US inflation falls to 2.5% as monthly CPI increases 0.2%, Bitcoin initially remains stable
Today’s US inflation data showed a slight uptick in August, with the Consumer Price Index (CPI) rising 0.2% monthly. Year-over-year data…
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