Bitcoin Analysis

Bitcoin’s jump over $41,000 lifted the miners’ hashprice. Nearly 11% of block mining rewards came from transaction fees.  Weekend fun got bigger for crypto enthusiasts as Bitcoin [BTC], the world’s largest digital asset by market cap, went north of $41,000 for the first time since April 2022. At the time of publication, BTC was exchanging
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Bitcoin’s LTH-SOPR recently fell under 1. This showed that the coin’s long-term holders briefly sold at a loss. Bitcoin’s [BTC] Spent Output Profit Ratio (SOPR) for its long-term holders (LTH) recently slipped below 1. This indicated that this cohort of investors briefly sold their holdings at a loss. Long-Term Holder Spent Output Profit Ratio (LTH-SOPR)
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Aniket Verma Journalist Posted: November 27, 2023 Share this article ETH fell below $2,077, a level at which the TWAP trading strategy ended. About $91 million in longs were liquidated in the last 24 hours. Ethereum [ETH] retreated as the weekend came to a close, but the second-largest crypto by market cap was still clinging
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Global cryptocurrency exchange-traded products (ETP) have seen a significant uptick in 2023, reportedly outpacing the growth of underlying assets, according to a report by digital asset platform Fineqia. Crypto-based ETPs issued by companies like 21Shares, Grayscale and CoinShares recorded a 91% increase in total assets under management (AUM) from Jan. 1 to Oct. 31, 2023,
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