CryptoQuant
Bitcoin fällt unter 102.000 $ aufgrund schwacher US-Nachfrage, Fed uneins über Zinssenkung im Dezember
Der Coinbase-Premium von Bitcoin, ein beliebter Indikator für die US-Nachfrage, verzeichnet seine längste negative Phase seit der Korrektur im April, was mit der restriktiveren Haltung der Fed zusammenfällt.
Die Rallye von Bitcoin kühlt ab, da Händler sich gegen die Hitze absichern
Nach monatelangen stetigen Gewinnen fällt BTC unter wichtige Kostenbasisniveaus, da langfristige Investoren in Stärke verkaufen und Händler sich in defensive Derivate zurückziehen.
Asien Morgenbericht: Bitcoin klettert durch den Nebel, während Analysten uneins über die treibenden Faktoren sind
Mit einem Kurs nahe 123.000 US-Dollar spiegelt der Anstieg von Bitcoin die Unsicherheit des Marktes wider – teils Vertrauen, teils Überhitzung. QCP bezeichnet ihn als „Kredibilitätsschutz“, während Glassnode und CryptoQuant darüber debattieren, ob das Vertrauen in die Rallye eine Selbstgefälligkeit kaschiert.
Mega ETF Inflows and Bitcoin Wallet Activity Signal Further Bullishness
Bitcoin traders are taking profit amid a strong week for the largest token by market cap. This comes as spot BTC ETFs recorded monster inflows of more than $893 million Wednesday, with BlackRock’s IBIT leading the pack. Plus, CryptoQuant data notes short term bitcoin wallet activity is shooting up, signaling further bullishness. CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Trading on Korean Exchanges at Steepest Discount Since October 2023
Bitcoin is trading on Korean exchanges at the steepest discount since October 2023, according to CryptoQuant. The analytics firm’s Bitcoin Korea premium index, which measures the price gap between Korean and offshore exchanges, slid to negative -0.55, a sign that bitcoin has fallen out of favor in the country. CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Decouples From Gold. Is Crypto in a Bear Market Again?
Data tracked by CryptoQuant shows that the correlation between bitcoin and gold has turned sizably negative of late. Gold has recently been pushing to new record highs above $2,500 per ounce while bitcoin struggles more than 20% below its record level of a few months ago. Has crypto fallen back to a bearish phase? CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Bitcoin Above $60K as Key Stablecoin Metric Slides to 18-Month Low
Bitcoin recovered to above $60,000 after the debacle last week that saw prices drop below $50,000. According to data tracked by CryptoQuant, the "exchange stablecoins ratio," which measures the number of bitcoin held in wallets tied to centralized exchanges relative to stablecoins, dropped to its lowest since February 2023, an indication of reduced selling pressure. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Bitcoin Risk-Reward Remains Compelling Even After Price More Than Doubled in a Year
Data tracked by CryptoQuant shows that bitcoin's "reserve risk" indicator, which measures the confidence of long-term holders based on their willingness to defer spending coins, remains entrenched in the so-called green zone below 0.002. The low reading indicates an attractive risk-reward ratio for those looking to make additional or fresh investments. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Increasing Accumulation Addresses Show Bullish Sentiment in Bitcoin: CryptoQuant
A new report from crypto exchange Bitfinex says that the slump in bitcoin (BTC) since March was likely driven by long-term holders selling but the trend has stalled. Blockchain data tracked by CryptoQuant shows that investors are starting to accumulate BTC again, which indicates increasing bullish sentiment. CoinDesk's Helene Braun presents "The Chart of the Day."
Why USDe Holders Should Monitor Ethena's Reserve Fund
CryptoQuant warns that USDe holders should monitor Ethena's reserve fund to avoid risk. In the event of negative funding rates, the firm says Ethena's current reserve fund would only be sustainable if USDe's market cap was below $4 billion. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
