Author: James Van Straten

Quick Take Bitcoin is currently trading just below $70,000, a critical resistance level, while its all-time high (ATH) stands around $73,600. The digital asset community is eagerly awaiting the decision on the Ethereum ETF, which could potentially propel Bitcoin to new heights. When comparing Bitcoin against TLT…

Quick Take US ETFs According to data from Farside, US Bitcoin (BTC) exchange-traded funds (ETFs) saw a $257.3 million inflow, marking the fourth consecutive day of inflows. The inflows were widespread, with 8 out of the 11 U.S. ETFs reporting positive flows. BlackRock’s IBIT ETF saw the largest single-day inflow of $93.7 million…

Quick Take According to Glassnode, in Bitcoin (BTC) ownership, the smallest cohort, known as “shrimps” holding less than 1 BTC, remarkably commands approximately 7% of the BTC circulating supply, demonstrating a significant role in the ongoing accumulation trend. Over the past 30 days, these shrimps have collectively accumulated roughly 25,000 BTC…

Quick Take The Hash Ribbon metric by Glassnode, which has marked most of the bottoms in Bitcoin in the past five years, is finally signaling miner capitulation. This technical indicator assumes Bitcoin tends to bottom when miners are forced to capitulate due to mining becoming too costly relative to revenues…

Quick Take The Ethereum to Bitcoin (ETHBTC) ratio recently hit 0.046, a low not seen since April 2021, briefly revisiting levels from April 2024. This downward trajectory highlights Ethereum’s ongoing struggle against Bitcoin’s dominance in the digital assets market. The ETHBTC pair is down 30% in the past year and over 11% year-to-date…