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Author: James Van Straten

Bitcoin shrimps outpace monthly issuance, accumulating 25,000 BTC in 30 days

Quick Take According to Glassnode, in Bitcoin (BTC) ownership, the smallest cohort, known as “shrimps” holding less than 1 BTC, remarkably commands approximately 7% of the BTC circulating supply, demonstrating a significant role in the ongoing accumulation trend. Over the past 30 days, these shrimps have collectively accumulated roughly 25,000 BTC…

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ETH/BTC ratio falls 30% year-over-year amidst rising Bitcoin market dominance

Quick Take The Ethereum to Bitcoin (ETHBTC) ratio recently hit 0.046, a low not seen since April 2021, briefly revisiting levels from April 2024. This downward trajectory highlights Ethereum’s ongoing struggle against Bitcoin’s dominance in the digital assets market. The ETHBTC pair is down 30% in the past year and over 11% year-to-date…

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