Summary: Bitcoin’s aggregated open interest has hit a new high of $14B Bitcoin has just set a local high of $40,960 – Binance rate The King of Crypto has printed what looks like an ascending triangle...
Quick take: Bitcoin stored in exchange wallets has continued to drop since early 2020 The amount of BTC in exchange wallets is at its lowest in almost 2.5 years Institutional buying and storage offline is one...
Summary: The number of Bitcoin transactions by BTC miners to all crypto exchanges has hit a yearly high Selling could be linked to profit-taking ahead of the Chinese new year that begins next month Bitcoin analyst,...
Quick take: Anthony Pompliano sees Tesla and SpaceX adding Bitcoin to their balance sheet This comes after Elon Musk changed his Twitter bio to simply read ‘Bitcoin’ Bitcoin has since rallied from the $32k price area...
Quick take: The number of Bitcoin addresses holding 1k+ BTC has reached a new all-time high of 2,450 This is an increment of 140 Bitcoin addresses in 28 days or a 6% increment Accumulation of Bitcoin...
Quick take: Bitcoin has just dipped to the $29,200 price area forming what looks like a doubled bottom Bitcoin has since regained $30k and is battling to maintain the $30,700 support area 120k Bitcoin options expire...
Quick take: Bitcoin Miners’ Position Index has hit an 8 year high According to the CEO of CryptoQuant, miners have been selling their Bitcoin since BTC hit $42k The selling is ongoing and the main reason...
Summary: Wrapped Bitcoin (BTC) has flipped the market cap of Bitcoin SV (BSV) $320 Million in market capitalization separates the two assets Demand for Bitcoin on Ethereum continues to increase and has fueled the growth of...
Quick take: The team at Weiss have forecasted that Bitcoin’s performance in 2021 might mimic that of 2017 Bitcoins 21 million supply and surging demand, could send it to much higher levels With each parabolic cycle,...
Quick take: Grayscale has accumulated 32,710 BTC in 1 week and 8,762 Bitcoin in 24 hours The accumulation is happening alongside a Bitcoin correction to the lower $30k levels Grayscale now owns 3% of the 21...
Quick summary: Microstrategy’s stock price has increased by 339% since the company started adding Bitcoin to its treasury Bitcoin has gained by 216% in the same time period with the Nasdaq gaining 19.5% Institutional interest in...
Quick take: The Crypto Fear and Greed index has dropped below 80 for the first time since November 5th, 2020 It had more or less plateaued above this value for close to 2.5 months A drop...