Summary Points Market Reaction to Fed Statements: Digital asset investments faced $360 million in outflows last week as Federal Reserve…
Browsing: Bitcoin
Quick Takeaways Significant Decline in Retail Activity: Daily Bitcoin deposits from wallets holding under 0.1 BTC on Binance dropped from…
Quick Takeaways Strong Financials: Strategy reported a Q3 net income of $2.8 billion and $8.42 EPS, primarily driven by its…
Fast Facts Panic Selling from Short-Term Traders: Recent Bitcoin selling was primarily driven by traders who held their assets for…
Summary Points Rising Scarcity: Binance’s Bitcoin Scarcity Index surged above 9, indicating a significant reduction in Bitcoin supply available for…
Summary Points Current Market Sentiment: Bitcoin’s trading at around $107,500 reflects a cyclical pause in liquidity rather than a structural…
Fast Facts Market Divergence: Bitcoin faced $946 million in outflows while Ethereum, Solana, and XRP saw significant inflows, highlighting a…
Quick Takeaways Open Interest Drop: Binance’s open interest significantly decreased by 7.9%, from $15.07 billion to $13.88 billion in three…
Summary Points Peter Schiff Forecasts Bitcoin Crash: Long-time Bitcoin critic Peter Schiff claims the cryptocurrency’s recent rally is a “bear…
Fast Facts Institutional Momentum: In October 2023, Wall Street’s rapid approval of cryptocurrency ETFs signals a growing institutional interest, with…