Insights
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Bitcoin ETF outflows hit $211.1 million in one day, total surpasses $1 billion since August 27
Quick Take Recent data from Farside reveals significant outflows from Bitcoin ETFs on Sept. 5, totaling $211.1 million. This marks…
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Bitcoin derivatives climb to 28% of liquid supply
Quick Take The paper gold market, which includes gold derivatives such as futures, options, and ETFs, is significantly larger than…
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U.S. jobs data miss prompts Bitcoin rise to above $56,000 amid rate cut speculation
Quick Take On Sept. 6, the US released its latest jobs data, revealing that non-farm payrolls increased by 142,000, falling…
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Bitcoin consolidation tests investors’ patience amidst volatile market sentiment
Quick Take Bitcoin continues to hover in the mid-$50,000s, entering a consolidation period characterized by downward volatility. This period has…
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Bitcoin active address momentum slows, echoes post-peak declines of 2018 and 2021
Onchain Highlights DEFINITION: This metric, compares the monthly average 🔴 of new addresses against the yearly average 🔵 to underline…
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Bitcoin recovery trends show steady growth amid declining volatility
Onchain Highlights DEFINITION: Bitcoin price performance since cycle low Bitcoin’s price has demonstrated varying degrees of performance across several cycles, with…
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Bitcoin mining aids in Texas grid stabilization and harnesses wasted renewable energy in Japan
Quick Take Bitcoin mining often faces criticism for its energy consumption and environmental impact. However, it also offers significant benefits,…
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Market share by production of public Bitcoin miners hits new high
Quick Take According to The Miner Mag data, the market share of Bitcoin production by 16 public companies has reached…
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Michael Saylor foresees Bitcoin capturing 7% of global wealth
Quick Take In a recent interview on CNBC, MicroStrategy’s Executive Chairman, Michael Saylor, shared his long-term outlook on Bitcoin. Saylor…
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Bitcoin SOPR dips below 1.0, mirroring bear market signals from 2018 and 2019
Onchain Highlights DEFINITION: The Spent Output Profit Ratio (SOPR) is computed by dividing the realized value (in USD) by the…
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