Insights
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Binance experiences minor Bitcoin outflows despite SEC lawsuit fears
Quick Take Bitcoin outflows on June 7 from Binance seem rather small compared to previous capitulations. Roughly 12,000 Bitcoin have…
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Three consecutive days of Bitcoin outflows
Quick Take Looking at all exchanges combined, yesterday was the second largest Bitcoin outflow, 15,000 Bitcoin. Currently, 2.292M Bitcoin sit…
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A big move is coming soon, according to Swissblock
A significant move is looming in the crypto market, according to Swissblock’s analysis of the VIX and BVOL indices, both…
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Eurozone enters technical recession
Quick Take After contracting for two consecutive quarters, the entire eurozone region fell into a recession in Q1 2023. Both…
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Poolin sent over 5K Bitcoin to exchanges since May 30
Quick Take On June 5, CryptoSlate reported that a high volume of Bitcoin was being sent from miner balance to…
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SEC lawsuits have hit crypto securities harder than crypto commodities
Quick Take This week, the Securities Exchange Commission (SEC) filed lawsuits against Binance and Coinbase. Among the charges, in both…
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Coinbase outlook downgraded from stable to negative – Moody’s
Quick Take Credit rating agency Moody’s has downgraded the crypto exchange Coinbase from “stable” to “negative.” This decision comes after…
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Realized losses outpace profits amid market turbulence after Binance, Coinbase lawsuits
Quick Take In the past four days, Glassnode data suggests that Bitcoin holders have seen greater realized loss-taking than realized…
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Gas usage for stablecoins, NFTs on Ethereum continues decline
Quick Take Ethereum gas usage by transaction type, specifically at stablecoins and NFTs, continues to drop. Stablecoin gas usage is…
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Equities pivot from crypto, metaverse to AI
Quick Take Despite rising interest rates and fixed-income yields, equities have traded higher this year. However, the sustainability of this…
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