Author: Andjela Radmilac

The post Bitcoin ETFs: An in-depth look at the first 5 days of trading appeared first on CryptoSlate…

Launching the spot Bitcoin ETF in the U.S. caused quite a stir in the crypto market. While most of the activity and volatility came from institutions and short-term holders, another significant market segment has begun showing quite bearish signs. CryptoSlate analysis found extraordinarily sharp and aggressive movements and activity from long-term holders and whales…

Analyzing the momentum of new and active addresses is crucial for gauging market health and investor sentiment. Active address momentum, a measure of the number of unique Bitcoin addresses actively transacting on the network, indicates user engagement and network utilization. On Nov. 2, 2023, the monthly average of active addresses crossed above the yearly average…