Insights
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Bitcoin whales in deep distribution mode as 15k BTC return to exchanges
Quick Take Over the past six days, a substantial sell-off in the Bitcoin market has been observed, attributed predominantly to…
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CME Bitcoin futures hit new highs as investor interest surges
Quick Take Data from The Block reveals that the Bitcoin futures trading volume and open interest on the Chicago Mercantile…
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Bitcoin holders resist exchanges as data points to potential price surge
“Recent data reveals a fascinating trend in the Bitcoin market, showing a growing divergence between deposit and withdrawal transactions at…
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NFT gas usage on Ethereum reaches 2-year low
The Ethereum network is experiencing a significant reduction in gas consumption by NFT marketplaces, dropping to levels recorded in June…
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Options implied volatility drops but market still expects turbulence
The implied volatility (IV) for Bitcoin options decreased significantly in July. The IV for Bitcoin options on Aug. 3 is…
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Coinbase sees more revenue from subscriptions, services than fees
Coinbase, the largest cryptocurrency exchange in the U.S., recorded more revenue from subscriptions and services than transaction fees in Q2…
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Bitcoin at $29,200 as unemployment rate drops to 3.5%
The jobs and unemployment report for July indicates that the labor market has begun to cool down, in line with…
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Bitcoin sees the second-highest number of new Inscriptions per day
A total of 400,000 new Ordinal Inscriptions were added to the Bitcoin blockchain on Aug. 7. According to data from…
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Market sentiment sways as Tether sees largest redemption since FTX collapse amid PYUSD launch
Quick Take Tether, the issuer of USDT, has recently experienced one of its largest redemptions since the FTX collapse in…
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Long-term HODLers rule Bitcoin landscape amid strategic cling to value despite price swings
The Bitcoin ownership landscape is in a historic shift. Long-term hodlers, those holding Bitcoin for over a year, currently dominate…
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