NEW: BlackRock’s #Bitcoin ETF has surpassed the Nasdaq-tracking ETF, QQQ, in year-to-date flows 😮
JUST IN: Tesla reveals none of their $640,866,000 #Bitcoin was sold in Q2 2024.
#Bitcoin miner hashrate is rebounding, reaching 604 EH/s, a 6% increase since July 9.
$BTC hashrate is now less than 2% from all-time highs.
$BTC hashrate is now less than 2% from all-time highs.
JUST IN: BlackRock spot #Bitcoin ETF IBIT did $1.23 BILLION in trading volume today.
JUST IN: 🇺🇸 US government moves 10,000 Silk Road #Bitcoin worth $593.9 million to Coinbase Prime 👀
NEW: #Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August.
Lowest Bitcoin Hash Price Indicating the Buy Opportunity
“The highlighted sections in the chart indicate periods where the Hash Price dropped to lower levels, corresponding to times when #Bitcoin prices were also at or near their lowest points.
“The highlighted sections in the chart indicate periods where the Hash Price dropped to lower levels, corresponding to times when #Bitcoin prices were also at or near their lowest points.
Is #Bitcoin Poised for a Turnaround? Short-Term Sharpe Ratio Mirrors September-October 2023 Levels!
“For those with a bullish outlook, the current dip in the Sharpe ratio might suggest an upcoming period of recovery... a bearish interpretation could see this as an indication of sustained volatility.
“For those with a bullish outlook, the current dip in the Sharpe ratio might suggest an upcoming period of recovery... a bearish interpretation could see this as an indication of sustained volatility.
MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin and has achieved BTC Yield of 5.1% QTD and 17.8% YTD. As of 9/19/2024, we hodl 252,220 $BTC acquired for ~$9.9 billion at ~$39,266 per bitcoin. $MSTR
🇺🇸 JUST IN: BlackRock's Spot #Bitcoin ETF Receives Options Approval from SEC
The SEC has officially granted accelerated approval for the listing and trading of options on the iShares Bitcoin Trust (IBIT) through Nasdaq ISE.
The SEC has officially granted accelerated approval for the listing and trading of options on the iShares Bitcoin Trust (IBIT) through Nasdaq ISE.
Largest outflow of #Bitcoin from exchanges since November 2022
“On-chain data shows an increase in Bitcoin outflows from exchanges - all three 30-, 50-, and 100-day moving averages show this.”
“On-chain data shows an increase in Bitcoin outflows from exchanges - all three 30-, 50-, and 100-day moving averages show this.”
The dominance of the "new whales" in terms of #Bitcoin realized cap is at an ATH.
Old whales (4M BTC) are now passing the baton to new whales (1.7M BTC) in an unprecedented shift in the Bitcoin market.
Old whales (4M BTC) are now passing the baton to new whales (1.7M BTC) in an unprecedented shift in the Bitcoin market.
NEW: Open interest in 💵 USD-denominated #Bitcoin futures surpassed $40B, an all-time high 👀
Net capital inflows into the #Bitcoin asset have accelerated, increasing by $21.8B (+3.3%) over the last 30 days. Resulting in the Realized Cap ticking up to a new ATH, reaching over $646B.
Suggesting that liquidity across the asset class is rising, & meaningful capital inflows support the price increase.
Suggesting that liquidity across the asset class is rising, & meaningful capital inflows support the price increase.