Stablecoins
Research
Bitcoin’s breakup with gold may be a sign of crypto’s emerging maturity
Bitcoin's correlation with gold reached its yearly low on June 30, suggesting a decoupling from other assets.
Research
Stablecoin buying power on exchanges increases as BTC and ETH see outflows
June brought on a significant increase in stablecoin buying power on exchanges, indicating there could be an increase in buying pressure on the market amid large Bitcoin and Ethereum outflows.
Mining
Bitcoin miners sent 260% of their daily revenue to exchanges
A small drop from the all-time high on June 22, when miners sent an equivalent of 315% of their daily mining revenue to exchanges.
Research
Longest streak of Bitcoin withdrawals surpassing deposits signals market shift
June 27 marks the longest streak ever recorded of Bitcoin withdrawals from exchanges outpacing deposits to exchanges.
Research
Bitcoin’s exchange balance drops to 5-year low as price hits $30K
Only 11.71% of Bitcoin's supply is currently held on exchanges.
Research
Over 86% of unspent Bitcoin in profit as BTC continues to trade above $30k
Bitcoin has maintained the $30,000 level throughout the weekend, putting 86.24% of UTXOs in profit. However, the decreasing 50-day SMA suggests that despite the recent surge in Bitcoin's price, the overall profitability of UTXOs has been on a downward trend over the past two months.
Bitcoin
The yield convergence and its implications for Bitcoin
CryptoSlate's latest market report dives deep into the concept of yield convergence and its potential effect on Bitcoin.
Research
TUSD supply spiked ahead of Bitcoin’s $30K rally
Analyzing the correlation between increased TUSD supply and the price of Bitcoin
Research
Short-term Bitcoin holders signal positive market momentum as BTC breaks $30K
On-chain data shows a significant change in short-term holder behavior, which has historically correlated with the end of bear cycles.
Research
Bitcoin’s illiquid supply hits all-time high as hodlers continue to accumulate
Continuous hodler accumulation has pushed Bitcoin's illiquid supply to its all-time high, now accounting for 78% of the circulating supply.
Research
Bitcoin liveliness indicates “hodler” behavior during extended price stability
An often underrated on-chain metric, Bitcoin liveliness serves as a valuable barometer of market activity and provides insight into hodler behavior.
Bitcoin
The link between US Treasuries, the dollar-yen carry trade and Bitcoin
CryptoSlate's latest market report dives deep into the connection between the Japanese yen and U.S. Treasuries and its potential impact on Bitcoin.