Crypto Research
211 Results
Bitcoin eclipses prior all-time high and tests $67,000, completing the comeback from a 55% drawdown April through July. ProShare’s Bitcoin Strategy ETF (BITO -0.23% ) was a huge success, garnering $570 million in asset inflows in its debut, and breaking the record for the fastest ETF to achieve $1 billion in assets on just its second day of trading.Open interest and funding rates increase, but the current Bitcoin leverage ratio and put/call ratio...
A FUD-free week combined with shifting regulatory sentiment catalyzes a 33% weekly increase for BTC and a 28% increase for ETH. Bitcoin’s market cap returns to $1 trillion and trades above the 200-day moving average. Data points to a spot-driven market for Bitcoin as just over $100 million in short positions were liquidated on Wednesday’s move and leverage remains relatively subdued despite the bullish price action.BTC transfer volume data demonstrating a...
Ratios for BTC and ETH demonstrate a return to normal leverage levels.The current valuation of the Bitcoin network as a multiple of miner revenue is rebounding and is set for further expansion.Bitcoin supply continues to be constrained by long-term holders accumulating, while the Lightning Network further drives supply crunch. Ethereum supply trending higher again on the back of decreased NFT activity.Soft economic data will prolong the Fed’s dovish policies long...
On Tuesday, the market experienced cascade of liquidations as nearly $4.0 billion of long positions across the entire crypto market were wiped out. Approximately $1.0 billion of BTC long positions and $855 million of ETH long positions were liquidated.Tuesday’s liquidations were possibly exacerbated by the leverage embedded in the Ethereum market and the wider altcoin universe.BTC and ETH found ample buying support above their 200-day moving averages and continue to...
Bitcoin stalled this week but continues to trade above its 200-day SMA. Ethereum received some late inspiration and has surged beyond $3,500 for the first time since the industry drawdown in May.Dating back to 2011, September is the only month in which BTC has experienced a negative average return (this should not be a grave concern for investors).Bitcoin’s supply action last week was an anomaly as coins resume being removed...
