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The crypto markets awash in a sea of red Friday, with bitcoin and ether nursing moderate losses as fears of earlier Federal Reserve interest rate hikes, overshadow the impending Taproot upgrade. “All About Bitcoin” host Christine Lee breaks it down in Chart of the Day.

Nov 12, 2021

New data on bitcoin’s adjusted spent output profit ratio (aSOPR), which measures the profitability of spent bitcoin while filtering out short-term trading, reveals profit taking since July has remained significantly lower than during BTC’s rally from January to May. Some suggest this signals holders may believe in the continuation of a longer-term bull cycle.

Nov 4, 2021

Bitcoin’s October rally appears to have put the cryptocurrency on a firm footing ahead of central bank meetings in the U.S., U.K., and Australia to assess the stickiness of inflation and determine policy response. BTC surged nearly 40% in October, recording the biggest single-month percentage rally since December 2020.

Nov 1, 2021

A full $3.1 billion worth of BTC options are set to mature Friday, which could be a source of volatility. Currently, the top volume contracts have been around the $60,000 strike price, with calls outweighing puts. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Oct 29, 2021

Leveraged funds on the Chicago Mercantile Exchange (CME) raised their bets against bitcoin, rising to a record high in the week ended Oct. 19, possibly to profit from the widening gap between futures and spot markets prices. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Oct 26, 2021

Daily average percentage gains for bitcoin peaked last Tuesday, the day ProShares launched its bitcoin futures ETF in the U.S. ProShares hauled in over half of $1 billion of assets in its first day, with over $1 billion in trading, becoming one of the most successful ETF launches ever.

Oct 26, 2021

Bitcoin is in retreat despite a pickup in blockchain activity and a long-term technical indicator that is about to turn bullish. The 100- and 200-day moving averages (MA) look to be on track to print a bullish crossover in the next few days for the first time in 16 months.

Oct 12, 2021

Crypto-focused funds took in more than double the amount of new money last week than the prior week as bullish sentiment returned to the bitcoin market. Digital asset investment products saw a total of $226 million in inflows during the week ended last Friday, up from $90 million the week before.

Oct 11, 2021

New data reveals bitcoin gained 25% in the third quarter of 2021.

Oct 5, 2021

Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows. Bitcoin-focused funds reportedly took in $69 million and has attracted new capital for three straight weeks after a period of outflows in recent months.

Oct 4, 2021