In summary: The number of Bitcoin addresses depositing BTC to crypto exchanges has doubled since the beginning of the year An average of 100k unique Bitcoin addresses are sending BTC to exchanges daily The last time...
Quick take: According to a report by PWC, Bitcoin’s price is correlated with the number of hedge funds launched in a certain time period 97% of crypto hedge funds prefer to trade Bitcoin (BTC) For the...
Quick take: Over 83,000 Bitcoin options expire Friday, September 25th This number beats August’s record of 62k BTC options Such a high number of options expiring should bring considerable volatility Bitcoin is once again trading above...
Quick take: Crypto analyst Timothy Peterson, explains that the supply of Bitcoin is shrinking on a daily basis He estimates that a total of 1,500 BTC is lost per day compared to about 900 BTC mined ...
Quick take: The Crypto exchange of Kraken has received a bank charter from the State of Wyoming The exchange becomes the first digital asset company in US history to receive a bank charter Kraken will form...
Quick take: Mad Money’s Jim Cramer is the latest Wall Street Legend to purchase Bitcoin Mr. Cramer revealed his decision to own BTC via a Twitter conversation with Tyler Winklevoss Bitcoin looks primed for a short-term...
Quick take: According to Willy Woo and Mati Greenspan, Bitcoin’s CME gap at $9,700 might never get filled Bitcoin’s Metcalfe Value is now above $11,300 and could signal a move up by BTC Bitcoin has the...
Quick take: Timothy Peterson has postulated that Bitcoin could soon experience 30-day gains of 20 – 40% His analysis is based on a significant drop on Bitcoin’s sentiment value to a threshold known to precede a...
Quick take: Bitcoin investors are unfazed by BTC’s constant price swings in the crypto markets The number of addresses holding at least 1 BTC hit a new all-time high of 823,000 Known as ‘wholecoiners’, their numbers...
Quick take: Bitcoin’s hash rate has hit a new all-time high This is despite the price of BTC continuing to struggle at the $10k psychological level Short-term, Bitcoin looks bearish Bitcoin (BTC) has set a new...
Quick summary: Tyler Winklevoss has declared that $10k is Bitcoin’s new baseline His comments come after BTC dipped hard from $12k levels but still managed to get back above $10k Bitcoin’s final hurdle this week is...
In summary: Ethereum’s price had shown signs of weakness as daily active addresses and network growth had started fading Furthermore, exchange wallets exploded to a 6-month high signifying a possible top for ETH Additionally, Ethereum’s correlation...