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Analysis

Bitcoin correlation to Nasdaq sinks to 3% low in June

Bitcoin’s (BTC) correlation with the Nasdaq sank to 3% in June, according to data from Kaiko – indicating diverging sentiment between cryptocurrencies and tech...
Analysis

Bitcoin OTC desks see highest holdings in a year as inflows rise

According to data from Glassnode, Bitcoin‘s Over-The-Counter (OTC) holdings, an often-overlooked aspect of cryptocurrency trading, have surged to their highest level in the past...
Analysis

Stellar spikes 12% to hit 70-day high, outperforming top 100 coins

Stellar (XLM) led the top 100 coins going into June 28, holding on to 9% gains over the last 24 hours as of press...
Analysis

Bitcoin Cash surged 108% over the last week after EDX Markets opened

Bitcoin Cash (BCH) has seen a dramatic surge in value, rising by 108% over the past seven days, following BlackRock’s application for a Bitcoin...
Analysis

$18.6B privacy sector up 9% leading crypto market over past 24hours

CryptoSlate data shows privacy tokens grew 9% over the last 24 hours – as the broader crypto market cooled following its recent strong run...
Analysis

These 5 altcoins outperformed Bitcoin over the last 30 days

As Bitcoin surges amid a flurry of spot Bitcoin ETF applications from major institutional players, several altcoins have outperformed the leading cryptocurrency throughout June....
Analysis

Bitcoin Cash jumps 21% following EDX Markets listing

Bitcoin Cash (BCH) jumped 21% over the last 24 hours to $127.90 at press time, with analysts attributing the move to its recent listing...
Analysis

GBTC discount narrows to 33% amid buyout rumors, revived spot Bitcoin ETF interest

Grayscale’s Bitcoin Trust (GBTC) shares rose 11% on June 20 to $16.85 and narrowed the discount to its net asset value (NAV) to 33.45%—its...
Analysis

Bitcoin dominance crosses 50% for first time since April 2021

Bitcoin now accounts for half of the total crypto market cap – crossing 50% dominance for the first time since April 2021. The chart...
Analysis

Altcoin ETPs see inflows amid ETH, BTC outflows as alts recover

The week ending June 19, 2023, saw minor outflows totaling $5.1 million from digital asset investment products, as reported in CoinShares’ Digital Asset Fund...
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