Bitcoin mining companies defy market trend with positive gains
Bitcoin mining companies demonstrate resilience amidst Bitcoin downturn
James Van Straten 1 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
CryptoSlate Insights has been discontinued. Visit News for the latest crypto news and market coverage.
James Van Straten 1 min read Latest insights
Bitcoin
Perpetual funding rate for Bitcoin turned negative for 3rd time in 2023
Bitcoin perpetual funding rate turns negative. So far in 2023 it's gone wrong for the bears both times, will it be third time lucky?
Bitcoin
$200M of Bitcoin long liquidations as BTC drops to $22k
Due to the build up of futures open interest, the crypto market saw nearly $250M of liquidations in the past 24 hours.
Bitcoin
Bitcoin short-term holders realized price is above realized price for first time since 2019
This time is not different, this current bear market cycle is behaving the same as previous ones
Macro
Investors closely monitor the MOVE index amidst surge in US yields
Fed policy rate hike to 6% may be on the horizon, says BofA Global Research
Ethereum
Ethereum Shanghai upgrade inches closer with massive 17.4M ETH staked by community
The current realized price for Ethereum is $1,380, while the ETH 2.0 deposits realized price is roughly $2,153
Bitcoin
Dwindling order book depth raises liquidity concerns in crypto markets
Order book depth in the crypto market is even lower than during the collapse of FTX.
Bitcoin
Short-term Bitcoin holder profit exceeds 70%; similar trend seen after each bear market bottom
Short-term holder supply in profit is at its highest level since April 2022, just before the Luna collapse
Bitcoin
Bitcoin 24-hour supply is at levels seen in previous bear markets
Realized cap HODL waves suggests 24 hour holders have less than 1% of the Bitcoin supply which hasn't been seen since the depths of previous bear markets
Macro
Treasury bills continue to soar as fed swaps price in peak policy rate of 5.5% in December
The 60/40 portfolio is now yielding less than six-month T-Bills for the first time in over two decades, according to Bloomberg
Bitcoin
BTC and ETH liquidations drop considerably in February
January 2023 brought massive volatility to ETH market, with 740 million ETH liquidated.
Ethereum
Ethereum spot-to-futures ratio hits three-year low
Ethereum hits a new low in terms of spot to futures volume, lowest value for three years over a 30DMA
Bitcoin
Bitcoin bear market bottoms follow this price appreciation trend
After Bitcoin bear market bottoms, we tend to see a month of drastic price appreciation followed by a month or period of consolidation. As February draws to a close, Bitcoin is up 1%, after appreciating 40% in January