Author: James Van Straten

Quick Take Bitcoin experienced a sharp decline, dropping to $54,000, down a further 5% in 24 hours, marking a 27% decrease from its all-time high. This downturn has led to significant market turmoil, with approximately $685 million in liquidations over the past 24 hours, including $590 million in long positions…

Quick Take Bitcoin has recently experienced a correction of nearly 20%, marking the sixth since the low following the FTX collapse in November 2022. These corrections are common in bull markets and are essential for maintaining market health by flushing out leverage. The first notable correction in this cycle occurred during the Silicon Valley Bank

Quick Take Farside data shows that Bitcoin (BTC) Exchange-traded funds (ETFs) experienced $45 million in inflows on May 28. Seven of eleven ETFs recorded positive inflows, reflecting broad interest among issuers. BlackRock’s IBIT ETF led the inflows with $102.5 million, raising its total net inflow to $16.5 billion…

Quick Take Bitcoin is currently trading just below $70,000, a critical resistance level, while its all-time high (ATH) stands around $73,600. The digital asset community is eagerly awaiting the decision on the Ethereum ETF, which could potentially propel Bitcoin to new heights. When comparing Bitcoin against TLT…

Quick Take US ETFs According to data from Farside, US Bitcoin (BTC) exchange-traded funds (ETFs) saw a $257.3 million inflow, marking the fourth consecutive day of inflows. The inflows were widespread, with 8 out of the 11 U.S. ETFs reporting positive flows. BlackRock’s IBIT ETF saw the largest single-day inflow of $93.7 million…