
Research: Bitcoin shrimp, crab cohorts aggressively buying; ETH equivalent cohorts selling
Bitcoin and Ethereum Shrimp and Crab cohorts reveal a stark difference in market trend and sentiment of the top two cryptocurrencies.
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The company also installed 1,423 of its Bitcoin miners and generated an additional $3.15 million in revenue.

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

The uptick in BTC's hash rate is expected to lead to a 7% to 10% increase in mining difficulty.

Bitcoin and Ethereum Open Interest shows significantly more calls than puts, suggesting traders have flipped bullish.

Bitcoin's annualized 3-month futures basis just came out of deep backwardation. Every time this happened in the past, a price rally occurred within months.

Recent data shows that around 250,000 Bitcoin have entered the old coins zone in the last 30 days, by becoming last active over 6 months ago.