Insights
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Consistent Bitcoin exodus from exchanges highlights investor confidence
Onchain Highlight DEFINITION: Exchange Net Positon Change by Glassnode is the 30-day change in the supply held in exchange wallets.…
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Bitcoin spot market anticipates consecutive monthly drops post six-month growth period
Quick Take According to data from The Block, Bitcoin’s spot market volume saw a consistent upward trend from September 2023…
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Bitcoin miner capitulation: 14 days in, compared to 41-day average over the past 5 years
The Hash Ribbon chart by Glassnode is a crucial market indicator for spotting potential Bitcoin price bottoms by analyzing miner…
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Bitcoin addresses with positive balances surpass 52.5 million amid strong growth since 2020
Onchain Highlights DEFINITION: Number of Addresses with a Non-Zero Balance by Glassnode is the number of unique addresses holding a positive…
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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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