Insights
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Leveraged sell-off drives Bitcoin down to $56K during negative funding rate spike
Quick Take This past week, Bitcoin experienced significant price fluctuations around the $60,000 mark, briefly moving above and below this…
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Bitcoin’s negative correlation with SPX deepens amid current market trends
Quick Take As of press time, Bitcoin is trading below $60,000, placing it in a precarious position due to it…
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Bitcoin miner exchange transfers sharply decline in 2024
Onchain Highlights DEFINITION: The total amount of coins transferred from miners to exchange wallets. Bitcoin miners have reduced their transfer…
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Heightened Bitcoin volatility post-halving reflects speculative trading trends
Onchain Highlights DEFINITION: Implied Volatility is the market’s expectation of volatility. Given the price of an option, we can solve…
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BlackRock’s IBIT boosts Bitcoin ETFs with $92.7 million inflow, total now $20.5 billion
Quick Take Bitcoin Data from Farside shows that Bitcoin ETFs experienced a net inflow of $62.1 million, marking the largest…
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Publicly traded Bitcoin miners decrease sell-offs
Quick Take In a recent analysis shared by Kelly Greer, an analyst at Galaxy, data from NYDIG reveals a significant…
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Bitcoin consolidation hints at significant surge, mirroring gold’s 2008 trend
Quick Take The current financial landscape is complex and intriguing. Gold has recently reached all-time highs, surpassing $2,500, while US…
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Stablecoin supply changes highlight Bitcoin’s dependency on liquidity factors
Onchain Highlights DEFINITION: This chart shows the aggregate valuation 🔴 of the top five stablecoins USDT 🟢, USDC 🔵, BUSD…
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Bitcoin’s 2022 bull cycle shows recurring deep corrections, aligning with historical patterns
Onchain Highlights DEFINITION: Bitcoin bull market corrections: drawdowns compared across previous cycles Bitcoin’s 2022+ cycle reveals a continuation of steep…
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Bitcoin accumulation surges as miners and retail investors show confidence
As of Aug. 20, the Bitcoin market is experiencing a shift unlike any seen in nearly a year. Over the…
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