Research Topic

Bitcoin Insights

Stay ahead with CryptoSlate’s Bitcoin insights, covering news, analysis, price trends, and expert perspectives on the world’s leading digital asset.

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1,838 Published insights in this category

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2,264 Insights across the full archive

Bitcoin drawdowns vs other assets – Amazon with the largest drawdown of 95%

Alongside Amazon's largest drawdown to date of 95%, Bitcoin price has not remained insulated from such volatile drawdowns.

Bitcoin fell below $24,000 on Feb. 17 as coins began returning to exchanges — short-term holders realized large amounts of profit.

Iris Energy Limited leads the pack up 270% year to date

During later stage bear markets, short-term holder cost basis is less than long-term holder cost basis

The 200-week moving average (200-WMA) has been a reliable support level in previous bear market cycles for Bitcoin.

Amongst the $210 million in liquidations, $187M of that came from short liquidations in the past 24 hours.

Only 5 negative days in 2023 for Bitcoin hash rate

Taproot adoption and utilization spike to new all-time highs over a 7DMA as the number of Ordinals minted on BTC surpasses 100,000.

While, the EU and US continues to buy Bitcoin, Asia has switched to bearish on Bitcoin for the first time since the FTX collapse.

Roughly $130 million in Bitcoin (BTC) was withdrew from exchanges yesterday — equating to 6000 BTC — just one day before CPI announcement.

Skew suggests puts are more expensive than calls — indicating bearish sentiment ahead of the CPI announcement today.

The number of addresses with a balance of one or more Bitcoin is close to reaching 1 million.

Bitcoin is down double digits against all other major currencies in the same time frame