How Bitcoin’s road to new ATH was reflected in on-chain data
How Bitcoin’s road to new ATH was reflected in on-chain dataCryptoSlate's latest market report dives deep into on-chain data to better understand the market forces leading up to, during, and after Bitcoin's journey to the new ATH.
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How Bitcoin’s road to new ATH was reflected in on-chain dataCryptoSlate's latest market report dives deep into on-chain data to better understand the market forces leading up to, during, and after Bitcoin's journey to the new ATH. α Weekly ResearchCEXs saw record-breaking trading volume as Bitcoin touched ATHBitcoin's roller coaster ride up to its ATH of $69,000 triggered unprecedented trading volumes on centralized exchanges. Funding rates soared as traders bet big on Bitcoin’s future gains before correctionThe cost of holding Bitcoin long positions spiked, pointing to intensified bullish expectations and leverage concerns. α Top Insights
More α ResearchRecord high realized cap shows unprecedented economic investment in BitcoinThe Bitcoin network and its participants have never been as economically invested in BTC as as they are now. The Bitcoin market faces a critical moment amid soaring unrealized profitsSpot ETF inflows and bullish sentiment buoy Bitcoin, despite potential volatility from unrealized gains. Bitcoin’s surge to $57K did not result in liquidation storm, defying expected trendDespite Bitcoin's high flying, liquidations remain grounded — indicating a market that is cautious.
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Bitwise reveals major institutions will start investing in Bitcoin ETFs starting Q2
Saturday, March 9, 2024
Bitwise said it is in "serious due diligence discussions" with a variety of major financial and corporate entities interested in Bitcoin. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
AI crypto market cap doubles to $25 billion in 20 days
Friday, March 8, 2024
The same AI tokens had a market cap of just $10 billion three weeks ago. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
CFTC chair urges Congress to issue legislation for crypto regulations
Thursday, March 7, 2024
Rostin Behnam also told Congress that Bitcoin and Ethereum can only be considered commodities under the current regulatory frameworks. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin and gold are becoming increasingly correlated in conservative investment strategies
Wednesday, March 6, 2024
Market trends suggest that investors are turning to gold and Bitcoin as a hedge against uncertain global conditions. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock looking to include Bitcoin exposure in other funds
Tuesday, March 5, 2024
The asset manager has filed an amendment to include Bitcoin exposure in its Strategic Income Opportunities Fund (BSIIX). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Although not directly from the FDIC, Hill's remarks brought new clarity to what critics have called "Operation Chokepoint 2.0." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Ethereum and Solana staking no longer classified as collective investment schemes in the UK
Friday, January 10, 2025
The UK Treasury's amendments are part of the government's recent plans to foster crypto innovation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: U.S. Government Authorized to Sell $6.5 Billion Worth of Bitcoin, Pro-Crypto Pierre Poilievre…
Friday, January 10, 2025
The US government has received approval to liquidate 69000 Bitcoins (valued at $6.5 billion) seized from the “Silk Road” darknet market, a government official confirmed to DB News on Thursday. ͏ ͏ ͏ ͏
US Government can now sell $6.5 billion Silk Road Bitcoin before Trump enters office
Thursday, January 9, 2025
Federal court ruling accelerates sale of Silk Road Bitcoin as market watches closely. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: TGEs Look To Heat Up Crypto In 2025
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Mining News in December: Ethiopia's Rise, Huaqiang North Mining Machine Prices Rise, Oilfield Giant Invests in Bit…
Thursday, January 9, 2025
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Ripple CEO Brad Garlinghouse hails Donald Trump meeting as US crypto engagement grows
Wednesday, January 8, 2025
Trump's pro-crypto stance sees Ripple and other crypto leaders engaging in transformative talks at Mar-a-Lago. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Weekly active addresses on L2s were 5x higher than on Ethereum; Ethena plans to launch iUS…
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