Insights
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Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release
Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on…
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Coinbase records third-largest Bitcoin outflow of 2024, totaling nearly $1 billion
Quick Take Two transactions originating from Coinbase cold storage were detected around 3 am GMT on May 15. Each transaction…
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Ark ARKB’s $133.1 million surge leads Bitcoin ETFs to inflows
Quick Take According to data from Farside, Bitcoin (BTC) exchange-traded funds (ETFs) witnessed an inflow of $100.5 million. This marks…
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US CPI inflation data meets expectations, Bitcoin hits $64,000 in response
Quick Take Data from Trading Economics shows that the much-anticipated US CPI inflation data aligns with market expectations, declining slightly…
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Hash Ribbon metric signals miner capitulation, possibly marking Bitcoin’s price bottom at roughly $56,500
As Bitcoin experiences yet another dramatic period following the recent halving, the Glassnode Hash Ribbon indicator has emerged as a…
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Bitcoin rallies to $65k, triggering over $120 million in liquidations in 24 hours
Quick Take Bitcoin’s recent surge to $65,000, a level last seen on May 6, has sparked significant volatility in the…
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Grayscale GBTC registers rare inflow amid $303 million Bitcoin ETF surge
Quick Take According to Farside data, the Bitcoin (BTC) exchange-traded funds (ETFs) saw the largest inflow since May 3, witnessing…
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Bitcoin shrimps outpace monthly issuance, accumulating 25,000 BTC in 30 days
Quick Take According to Glassnode, in Bitcoin (BTC) ownership, the smallest cohort, known as “shrimps” holding less than 1 BTC,…
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Insights from Q1 2024 13F filings for Bitcoin ETFs
Quick Take The 13F filings for Bitcoin exchange-traded funds (ETFs) in the first quarter of 2024 have unveiled a significant…
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Bitcoin power-law model projects $100k value before January 2025
Quick Take The Bitcoin (BTC) Power-Law Model, coined by Giovanni Santostasi, provides a mathematical description of BTC’s price movements, revealing…
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