Insights
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BlackRock IBIT on track to surpass iShares Gold ETF $29 billion AUM by year-end
The latest data from Farside reveals slowing inflows into Bitcoin (BTC) exchange-traded funds (ETFs), totaling $28.3 million on May 29.…
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Semler Scientific Bitcoin strategy sets BTC per share at 0.0000842
Quick Take MicroStrategy was the first publicly traded company in the US to acquire Bitcoin and use it as a…
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Bitcoin benchmark: Only eight digital asset tokens hit ATHs in BTC post-FTX collapse
Quick Take Since the collapse of FTX in November 2022, only eight digital asset tokens have broken their previous all-time…
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Tether asserts almost 75% dominance in stablecoin market
Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top…
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Rising MVRV Z-Score signals possible Bitcoin bull run
Onchain Highlights DEFINITION: The MVRV Z-Score evaluates whether Bitcoin is overvalued or undervalued relative to its “fair value.” Instead of…
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Institutional participation fuels Bitcoin futures resurgence
Onchain Highlights DEFINITION: Bitcoin futures open interest (OI) is the total amount of funds allocated in open futures contracts. Bitcoin…
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Fidelity’s $119.1 million inflow boosts Bitcoin ETF gains as inflows hit 13-day streak
Quick Take On May 30, Farside data revealed that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced another inflow of $48.8 million,…
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Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions
Quick Take Kraken, the digital asset exchange, recently experienced its largest outflow in dollar value, with approximately $1.6 billion being…
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Rising M2 money supply signal potential tailwinds for Bitcoin
Quick Take Analyzing recent data from the Federal Reserve Economic Data (FRED), we observe significant trends in the Federal Reserve’s…
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Over 90% of Bitcoin supply remains profitable despite market volatility
Onchain Highlights DEFINITION: The percentage of entities in the network that are currently in profit is based on the amount…
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