Insights
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Bitcoin hash rate surpasses another ATH, Hash Ribbon indicates miner capitulation is over
Definition Hash rate is defined as the average estimated number of hashes per second produced by the miners in the…
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Bitcoin, Ethereum up 37% and 35% year to date
Quick Take So far in 2023, risk-on assets have blown expectations out of the water, as Bitcoin and Ethereum have…
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Bitcoin breaks out of all realized price levels for only its 5th time
Definition Realized Price reflects the aggregate price when each coin was last spent on-chain. Using Short- and Long-Term Holder heuristics,…
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Lightning Network Capacity approaching ATH – almost 5,000 BTC in known capacity
Definition The Lightning Network Capacity can be defined as the total amount of BTC both locked and circulating within the…
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Over 500K BTC left Gemini, Kraken, Coinbase in 13 months – more than any other exchange
Definition The total BTC balance and 30-day net balance change for Coinbase, Kraken and Gemini. Quick Take At the end…
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Bitcoin is acting as a liquidity indicator for central bank balance sheets
Quick Take As the global world is facing extreme inflation, central banks are trying to reign in inflation by decreasing…
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CME exchange sees 84,000 BTC or $2B allocated in futures contracts in last 24 hours
Definition Future’s open interest is the total amount of funds (USD Value) allocated in open futures contracts. Quick Take As…
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Over $120M withdrawn from Binance on Jan. 24, transaction volume indicates big player involved
Definition Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions. Quick Take…
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ETH/BTC breaks down to lowest price in over 3 months
Quick Take The Ethereum/Bitcoin ratio currently stands at 0.068. It has broken down to a 3-month low after falling 6.78%…
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Purpose Bitcoin ETF sees over $6M in inflows in past week
Definition The number of bitcoin flowing from/to the Purpose Bitcoin ETF. Quick Take Over 300 BTC have been added to…
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