Insights
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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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Bitcoin’s realized market cap hits $600 billion
Onchain Highlights DEFINITION: Realized Cap values different part of the supplies at different prices (instead of using the current daily…
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Coinbase sell pressure increases as Bitcoin dips below $61k, over $100 million liquidated
Quick Take On June 24, Bitcoin experienced a significant downturn, dropping approximately 3% to just below $60,600, marking its lowest…
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Bitcoin tumble below $63,000 last week was its second-worst weekly performance of 2024
Quick Take Bitcoin faced a challenging period last week (June 17-23), marking one of its worst weeks of 2024. According…
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Market eyes max pain prices as $6.6 billion BTC and $3.4 billion ETH options expiry nears
Quick Take As June draws to close, significant expiration in Bitcoin (BTC) and Ethereum (ETH) options loom, potentially impacting market…
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Bitfinex whales boost long positions by 2,500 BTC
As Bitcoin tumbled from $70,000 to $60,000 in just 17 days this June, CryptoSlate’s in-depth analysis of Bitfinex whales reveals…
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Bitcoin’s supply in profit drops to 80% as post-halving effects take hold
Onchain Highlights DEFINITION: The percentage of circulating supply in profit, i.e. the percentage of existing coins whose price at the…
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