Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions
Record Bitcoin transfer from Kraken follows price surged to $69,500.
James Van Straten 2 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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James Van Straten 2 min read Latest insights
ETFs
Fidelity’s $119.1 million inflow boosts Bitcoin ETF gains as inflows hit 13-day streak
Bitwise's BITB gains $25.9 million in inflows; total net inflows reach $2 billion.
Highlight
Institutional participation fuels Bitcoin futures resurgence
Bitcoin futures signal renewed market interest, potential volatility ahead.
Highlight
Rising MVRV Z-Score signals possible Bitcoin bull run
Bitcoin market dynamics: MVRV Z-Score reveals investor sentiment and potential peaks.
Stablecoins
Tether asserts almost 75% dominance in stablecoin market
USDC's diminishing market share highlights growing investor preference for Tether.
Bitcoin
Bitcoin benchmark: Only eight digital asset tokens hit ATHs in BTC post-FTX collapse
Render Token achieves ATH in 2024, coinciding with Bitcoin's own ATH.
Crypto Equities
Semler Scientific Bitcoin strategy sets BTC per share at 0.0000842
BTC per share becomes vital metric for assessing MicroStrategy and Semler Scientific’s Bitcoin exposure.
ETFs
BlackRock IBIT on track to surpass iShares Gold ETF $29 billion AUM by year-end
BlackRock's IBIT eyes historic milestone, fastest ETF to reach $20 billion in AUM.
Highlight
Bitcoin addresses with positive balances surpass 52.5 million amid strong growth since 2020
Bitcoin's user base grows by 11 million new addresses since 2020.
Alpha
Bitcoin miner capitulation: 14 days in, compared to 41-day average over the past 5 years
Hash Ribbon indicator flags potential bitcoin bottom amid prolonged miner capitulation.
Bitcoin
Bitcoin spot market anticipates consecutive monthly drops post six-month growth period
Total Bitcoin spot market volume at $1.11 trillion in May 2024, with Binance handling under $500 billion.
Highlight
Consistent Bitcoin exodus from exchanges highlights investor confidence
Glassnode data reveals long-term holding strategy among Bitcoin investors.
ETFs
London Stock Exchange’s new crypto ETNs see sluggish start, only 200 shares traded
Crypto ETNs launch in London with muted response, contrasting US success.
