Insights
-
Odds of Biden dropping out of presidential race surge as high 63% on Polymarket
Quick Take According to crypto prediction platform Polymarket, users are betting on a 55% chance that President Biden will withdraw…
Read More » -
Bitcoin basis trade unwind reflected in shifting futures market and lack of inflows
Bitcoin futures on CME have plummeted by nearly 40,000 BTC from their peak, and the dramatic single-day drop on June…
Read More » -
Bitcoin correlation to S&P 500 goes negative indicating potential bottom
Quick Take Bitcoin (BTC) has often mirrored the S&P 500 (SPX), with periods of positive correlation in the past five…
Read More » -
Low Bitcoin volatility marks potential market maturation amid steady prices
Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values…
Read More » -
Bitcoin price trends post-halving: Historical data points to cyclical surges
Onchain Highlights DEFINITION: Analysis of Bitcoin’s price performance across all epochs following each halving event. Bitcoin’s price performance following each…
Read More » -
ETF investors brace as Bitcoin price aligns with realized price
Quick Take On July 3, Farside data revealed a total outflow in Bitcoin (BTC) exchange-traded funds (ETFs) of $20.5 million, marking…
Read More » -
German government sell-off continues, pressures Bitcoin below $58,000, lowest since May
Quick Take Bitcoin’s price has dropped below $58,000, marking its lowest level since May 1, when it traded around $56,500.…
Read More » -
Short-term holders greater threat to Bitcoin stability than Mt. Gox payouts
Quick Take Mt. Gox is set to begin reimbursing creditors in July 2024, a narrative contributing to the recent Bitcoin…
Read More » -
Foundry USA and Antpool command almost 60% of Bitcoin mining pool market
Quick Take In the past 24 hours, the two largest Bitcoin mining pools, Foundry USA and Antpool, have demonstrated significant…
Read More » -
Decline in panic selling: Bitcoin transfer volume from short-term holders bottoms out post-2024 halving
Onchain Highlights DEFINITION: The total amount of coins transferred from short-term holders in loss to exchange wallets. Bitcoin’s transfer volume from short-term…
Read More »
