Derivatives
Macro
Fed’s rate decision looms with 63% odds favoring a cut
The probability of Fed interest rate cut jumps to 65% according to data from CME.
Bitcoin
Bitcoin exchange reserves drop to 2018 levels
Bitcoin scarcity on exchanges can lead to price volatility.
ETFs
Bitcoin ETF inflows plummet from $263.2 million to $12.8 million
Ethereum ETFs face $590.8 million total outflow amid continuing trend
Bitcoin
Bitcoin transactions plummet by over 50% in a week
There has been a significant decline in the number and median value of transfers, implying a reduction in large-scale Bitcoin movements.
Bitcoin
Bitcoin fees stabilize in September after August spike
September brought stablility to Bitcoin fees despite August's brief surge to 100 BTC.
Bitcoin
SOPR shows long-term holders are taking profits
Short-term holders realized substantially less profits during the past week.
Research
First significant rise in Bitcoin velocity since March shows spike in trading
Increased trading activity in September ends Bitcoin's months-long velocity dip.
Bitcoin
92% of Bitcoin exchange inflows come from short-term holders
Data shows a slight rise in long-term profit-taking, while the majority of speculation comes from short-term holders.
Derivatives
Bitcoin options volume shows short-term indecision, long-term optimism
Bitcoin options open interest rises to $21 billion as traders eye future upside.
Alpha
US elections led to Bitcoin rallies regardless of winning party
Bitcoin has historically rallied following the US presidential elections, showing independence from party outcomes.
Research
Bitcoin price stabilizes but profitability gap points to unease
Bitcoin recovery sees mixed signals from UTXO and supply profit metrics.
Bitcoin
Bitcoin’s historical performance: September dips and year-end rallies
CryptoSlate's latest market report dives deep into Bitcoin's historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern unfolding in 2024.
