Insights
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Bitcoin energy use up but carbon emissions drop, Bloomberg crypto analyst reveals
Quick Take Bloomberg crypto market analyst Jamie Coutts stated that carbon emissions have declined despite an increase in Bitcoin energy…
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ECB rate hike catapults EUR/USD into sharp decline: a tale of forex sensitivity
Quick Take The European Central Bank (ECB) has initiated a rate hike of 25 basis points, causing the ECB rates…
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Oil prices have surged 55% during Jerome Powell’s tenure as Fed Chair
WTI Crude oil hovers around $90 a barrel, exerting additional inflationary pressure on global central banks. Under Jerome Powell, the…
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Ethereum exchange deposits surge in echo of FTX collapse, while Bitcoin withdrawals stay dominant
Quick Take The recent data reveals a distinctive metric shift regarding Ethereum deposits and withdrawals. Exchange deposits for Ethereum have…
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Ethereum’s ETHBTC ratio takes a steep dive one year after its historic merge
In just one year, the Ethereum network has undergone a major shift with the burning of over 4 million ETH,…
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Bitcoin’s pivot around $26.6k: key price level shapes trading behavior
Quick Take A detailed examination of Bitcoin’s trading behavior reveals a pivotal price level around $26.6k. Over the last three…
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U.S. national debt nears $33T, reigniting debate on crypto as financial hedge
Quick Take Over the past months, the U.S. national debt has witnessed a rapid acceleration. As reported by CryptoSlate in…
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Record surge as Bitcoin micro investors reach all-time high
Quick Take Recent data analysis indicates that addresses holding 0.01 Bitcoin or less have reached an all-time high. This growth…
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Bitcoin hits $27,000, as the DXY index consolidates above 105
Quick Take The trend between Bitcoin and the US Dollar Index (DXY) continues to reveal fascinating insights. As of press…
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Bitcoin long-term holders amp up activity as LTH-SOPR metric surges
Quick Take A recent surge in the Long Term Holder SOPR (LTH-SOPR) metric, which specifically monitors Bitcoin outputs with a…
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