Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.
Mixed results from the Federal Reserve's bank stress test are in line with the increased shorting of U.S. regional banks. CryptoSlate explores the effects this could have on Bitcoin.
Bitcoin's correlation with gold reached its yearly low on June 30, suggesting a decoupling from other assets.
June brought on a significant increase in stablecoin buying power on exchanges, indicating there could be an increase in buying pressure on the market amid large Bitcoin and Ethereum outflows.
A small drop from the all-time high on June 22, when miners sent an equivalent of 315% of their daily mining revenue to exchanges.
June 27 marks the longest streak ever recorded of Bitcoin withdrawals from exchanges outpacing deposits to exchanges.
Only 11.71% of Bitcoin's supply is currently held on exchanges.
Bitcoin has maintained the $30,000 level throughout the weekend, putting 86.24% of UTXOs in profit. However, the decreasing 50-day SMA suggests that despite the recent surge in Bitcoin's price, the overall profitability of UTXOs has been on a downward trend over the past two months.
Analyzing the correlation between increased TUSD supply and the price of Bitcoin
On-chain data shows a significant change in short-term holder behavior, which has historically correlated with the end of bear cycles.
