Insights

Public Bitcoin miners diversify into AI as market cap exceeds $25 billion

Quick Take The ongoing miner capitulation, driven by a falling Bitcoin price, declining hash rate, and a meager hash price,…

Read More »

Government Bitcoin sales echo historic gold mistimings

Quick Take This past week, there has been significant activity involving governments selling and moving Bitcoin, notably the German government…

Read More »

Will Ethereum NFTs Make a Comeback?

Onchain Highlights DEFINITION: The relative amount (share) of gas consumed by the Ethereum network by transactions interacting with non-fungible tokens.…

Read More »

Bitcoin experiences heightened volatility in EU trading hours post-April halving

Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during EU working hours, i.e., between 8…

Read More »

Volatile trend in Ethereum millionaire addresses highlights market dynamics in 2024

Onchain Highlights DEFINITION: The number of unique addresses holding at least a value of $1M USD. Ethereum addresses with balances…

Read More »

Mid-sized Bitcoin transactions rise, reflecting market maturation and retail growth

Onchain Highlights DEFINITION: Entity-adjusted relative on-chain volume breakdown by the USD value of the transfers. Bitcoin’s relative transfer volume, when adjusted…

Read More »

Metaplanet acquires more Bitcoin as market rebounds to $63k

Quick Take On July 1, Metaplanet acquired an additional 20.195 Bitcoin, bringing its total holdings to 161.26 Bitcoin. The company…

Read More »

German government offloads additional 1,500 BTC

Quick Take According to Lookonchain, utilizing data from Arkham Intelligence, the German government has offloaded an additional 1,500 BTC, valued…

Read More »

Bitcoin deviates from stock-to-flow model

Onchain Highlights DEFINITION: The stock-to-flow (S/F) Ratio is a popular model that assumes scarcity drives value. It is defined as the…

Read More »

Bitcoin remains above 2-year SMA, suggesting growth potential

Onchain Highlights DEFINITION: The Investor Tool is intended as a tool for long-term holders, indicating periods when prices are likely approaching…

Read More »