Author: James Van Straten

Quick Take According to recent Glassnode data, Bybit has emerged as a leading player in the Bitcoin trading arena, particularly in spot volume, which measures the cumulative trading volume of native assets against USD-based currencies, including both fiat and stablecoins. On Aug. 22, Bybit recorded an impressive $2.5 billion spot volume…

Quick Take On Aug. 5, global markets experienced wild volatility, prompting a detailed assessment of trading volumes to gauge the impact. A key measure was futures open interest, representing the total USD value allocated in open futures contracts. During this period, Bitcoin (BTC) prices plummeted from approximately $58,000 to $49,000…

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…