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Browsing: Bitcoin
Bitcoin is the best asset to protect against Brazil’s 13% yearly currency depreciation
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Brazil’s currency loses 12% to 13% of its value each year, according to CauĂŞ Oliveira, the Head of Research and…
Bitcoin options volume shows short-term indecision, long-term optimism
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Between Sept. 7 and Sept. 13, Bitcoin options open interest increased from $18.46 billion to $21.06 billion, following Bitcoin’s price…
Odds of 50bps Fed rate cut surge as Bitcoin remains stable at $58k
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Odds of a 50 basis point rate cut at the Federal Reserve’s upcoming Sept. 18 meeting have surged from 14%…
On September 11, Bitcoin ETFs experienced notable outflows, with total flows amounting to a net negative of $43.9 million. Ark’s…
US elections led to Bitcoin rallies regardless of winning party
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Bitcoin’s price has exhibited an interesting pattern following the last two US Presidential elections. After Republican candidate Donald Trump won…
Annual US inflation falls to 2.5% as monthly CPI increases 0.2%, Bitcoin initially remains stable
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Today’s US inflation data showed a slight uptick in August, with the Consumer Price Index (CPI) rising 0.2% monthly. Year-over-year data…
Bitcoin’s correlation with traditional financial markets has been a topic of significant interest and debate in recent months. The latest…
US national debt hits $35.3 trillion as Bitcoin’s relative strength alters perspectives
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The US national debt has reached a staggering $35.347 trillion as of Sept. 9, 2024, marking a significant increase of…
On Sept. 10, data indicated mixed Bitcoin ETF activity across several major issuers. Fidelity’s FBTC ETF saw the most significant…
Bitcoin accumulation addresses decline sharply in 2024
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Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least 2…