Insights

Bitcoin difficulty drops marginally amidst signs of approaching mining capitulation end

Quick Take According to Newhedge, Bitcoin’s latest difficulty adjustment is -0.049%, slightly less than the previous adjustment of -0.78%. Since…

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Global central banks break synchronization: Swiss National Bank cuts rates again

Quick Take Data from Trading Economics shows that on June 20, the Swiss National Bank once again cut its benchmark…

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Public companies adopting Bitcoin as treasury asset see shares soar

Quick Take Let’s examine the share price performance of publicly traded companies that have adopted Bitcoin (BTC) as a treasury…

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Fifth consecutive trading day of Bitcoin ETF outflows totals $139.9 million

Quick Take Farside data shows that on June 20, Bitcoin (BTC) exchange-traded funds (ETFs) experienced a net outflow of $139.9…

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Retail Bitcoin cohorts evolve from ‘dumb money’ to ‘smart money’

Retail investors, often dubbed “dumb money”, have historically been seen buying Bitcoin at its peak, only to sell at a…

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Bitcoin dominance rebounds to 55% by mid-2024

Onchain Highlights DEFINITION: Bitcoin Dominance, denotes Bitcoin’s market capitalization as a percentage of the total market cap of all cryptocurrencies.…

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$57.9k Bitcoin threshold: A make-or-break point for ETF investors

Quick Take Analyzing moving averages such as the 200-day and 200-week moving averages can provide insights into Bitcoin’s support and…

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Early 2024 MVRV Z-Score spike signaled possible correction phase for Bitcoin

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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Friday slump continues: Bitcoin drops over 1%, aligning with six-month trend

Quick Take Bitcoin experienced a notable dip below $64,000 on Friday, June 21. According to Velo’s data covering the last…

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Transaction fees dominate Bitcoin miner revenue at pivotal halving

Onchain Highlights DEFINITION: The percentage of miner revenue derived from fees, i.e. fees divided by fees plus minted coins. Bitcoin…

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