Insights
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Bitcoin is now the second largest chain by NFT volume
Quick Take Bitcoin is now the second-largest chain by NFT volume. According to The Block, this trend began in the…
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USA Bitcoin mining pools surge to over 50% of hash rate
Quick Take Looking at the hash rate share of the mining pools, we are starting to see a clear divergence…
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Tether’s holdings of US treasuries currently rivals the world’s wealthiest countries
Quick Take Earlier this month Tether released its attestation report for Q1 2023, which showed that it held $53 billion…
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Ethereum exchange balance drops to five-year low
The Ethereum exchange balance has dropped to a five-year low. Data from Glassnode showed that the number of ETH held…
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Over $2.2B worth of options for Bitcoin set to expire on May 26
Quick Take Bitcoin has roughly 85,000 options awaiting expiry on May 26, according to Deribit data as of May 23.…
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Rapid core inflation rise leaves Bank of England behind, skyrockets bond yields
Quick Take Headline CPI inflation fell for the UK in April to 8.7%, forecasted at 8.2%, a huge miss. CryptoSlate…
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Bitcoin whales resume accumulation following brief respite
In our latest Alpha article, we analyze the intriguing behavior of Bitcoin cohorts, focusing on the accumulation trend score. While…
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Unknown Bitcoin pool mysteriously mined 13% of BTC blocks over past day
Quick Take According to data from Mempool, the Bitcoin mining pool known as “Unknown” has mined 18 blocks in the…
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Bitcoin tumbled below $26K, causing a $120M liquidation storm
Quick Take The Dollar Index (DXY) continues rising, hitting 104.11, up 2.80% in the past month. However, Bitcoin’s negative DXY…
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Fed forecasts ‘mild recession’ in 2023
Quick Take The FOMC minutes were released Thursday, showing a split among members over further rate hikes. However, it was…
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