Insights
-
Bitcoin miners’ aggregate balances continue to grow despite recent flows to exchanges
Despite the talks of miners transferring their Bitcoin holdings to exchanges, the broader picture reveals upward trend in the aggregate…
Read More » -
Bitcoin remains mostly steady above $30.5k during weekend trading session
Quick Take During the weekend trading session, Bitcoin traded steadily above $30.5k, with 24-hour liquidations almost split between longs ($32.7M…
Read More » -
Record-breaking Texas power demand amid largest Bitcoin hash rate drawdown of 2023
Bitcoin’s network sees its most significant drawdown yet, with the hash rate tumbling. The surprising culprit? A historic heatwave sweeping…
Read More » -
Second-largest exchange balance Bitcoin drop of 2023
Quick Take This past Saturday, July 1, marked the year’s second-largest decline of Bitcoin from exchanges. Approximately 20,000 Bitcoin were…
Read More » -
Bull run indications: 79% of Bitcoin’s circulating supply in profit
Quick Take The current profit rate for Bitcoin’s circulating supply signals a healthy outlook for the cryptocurrency’s future. With 15,079,000…
Read More » -
Navigating the Bitcoin surge: A deep dive into Implied Volatility
Quick Take Glassnode describes “Implied Volatility” as the market’s forecast of price fluctuations. When we know the cost of an…
Read More » -
Bitcoin-adjacent stocks boom as BTC surges, other US equities remain flat
Quick Take In a noteworthy development, Bitcoin has surged past the $31,000 mark. However, in stark contrast, both the Nasdaq…
Read More » -
Bitcoin market dynamics shift with rising leverage amid bullish investor sentiment
Quick Take The price of Bitcoin is currently above $31,000, with a notable uptick in spot buying. Moreover, a considerable…
Read More » -
Global liquidity tightens amid central banks’ balance sheet contraction: impact on S&P 500 and bitcoin
Unravel intricacies of the global financial scene as we deconstruct components of global liquidity including Federal Reserve’s balance sheet and…
Read More » -
Which Bitcoin miner has been the year’s top performer?
Quick Take Among Bitcoin miners, the most remarkable performance this year has come from Core Scientific, whose value has impressively…
Read More »