Insights
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Bitcoin ETFs record best day with no outflows netting $887 million
Quick Take Farside data shows that on June 4, Bitcoin exchange-traded funds (ETFs) saw significant inflows, with a total of…
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Huge short Bitcoin positions above $71k suggest potential for rapid market movements
Quick Take Bitcoin has, for now, cemented itself above $70,000, boasting a market cap of roughly $1.4 trillion. The close…
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BlackRock ETFs significantly increase MicroStrategy exposure
Quick Take According to data from Fintel, 82 exchange-traded funds (ETFs) have acquired shares of MicroStrategy (MSTR). This data is…
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Bitcoin perpetual funding rates fluctuate with market sentiment in 2024
Onchain Highlights DEFINITION: Bitcoin future perpetual funding rate V2 is the average funding rate (in %) set by exchanges for…
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Bitcoin balances on OTC desks surge by 30,000 BTC in May
Bitcoin’s tumultuous journey from May to June has raised eyebrows, especially with its recent climb past $70,000. However, there’s a…
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Market accumulation drove Bitcoin’s realized profits to all-time high pre-halving
Onchain Highlights DEFINITION: Bitcoin’s entity-adjusted realized profit is the entity-adjusted variant of Realized Profit, which denotes the total profit (in…
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Bitcoin ETFs see $1.4 billion in 2 days amid 17-day inflow streak, tying record
Quick Take According to Farside data, Bitcoin (BTC) exchange-traded funds (ETFs) experienced substantial inflows on June 5, with a notable…
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NVIDIA edges closer to becoming world’s most valuable company
Quick Take On June 5, 2024, the Nasdaq and S&P 500 reached unprecedented heights, closing at 19,035 and 5,354, respectively.…
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Bitcoin mining difficulty sees second negative adjustment following April halving
Quick Take According to Newhedge, Bitcoin’s mining difficulty has decreased by -0.78%. This is the second negative adjustment in the…
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MicroStrategy faces highest institutional net short positions among crypto-related firms
Quick Take Analyzing institutions’ net short positions can reveal crucial insights into market sentiment and potential volatility. For instance, examining…
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