Today, we take a look at a volatility-based indicator for BTC price and our Research team analyzes the...📊 Is a Big Move Brewing for BTC?...Currently, the Bollinger Band Width Percentile (BBWP) indicator for BTC is at 15.87....Fed funds futures reacted, and so did BTC.

BTC Spot ETFs — Bulls Take The Wheel Reminder, Delphi’s BTC Spot ETF Flow Tracker can be found here....two month period after ETF approval, these products experienced strong and sustained inflows, with BTC...surge in BTC price fueled by these impressive ETF numbers....BTC is now trading at $69.5K, and the shorter timeframe moving averages have started to flip.

BTC Spot ETFs — Summer Starts With Massive ETF Flows Reminder, Delphi’s BTC Spot ETF Flow Tracker can...these metrics and how BTC reacts in the coming days....BTC Market Structure — Compressing The Spring With such impressive flows, what gives?...When you look at BTC, last week’s pullback is barely noticeable.

📊 Is This The Most Reliable BTC Bottom Signal?  ...In July 2022, the Puell multiple, one of the most reliable bottom signals for BTC, fell to 0.34....Well, it’s the daily issuance of BTC (in USD) divided by the 365-day moving average of the daily issuance...of BTC (in USD).

...costs influence the behavior of BTC miners....Belgian regulators say that BTC and ETH are not classified as securities....📊 BTC Volatility Contracts as Market Awaits Clarity Between Nov. 5-10, BTC price fell by over 27%...Such a downside move from current price levels takes BTC price to $10.5K.

...relative strength in BTC....Since the start of Russia’s baseless invasion, BTC has rallied 14.5%, while gold is up 4.3%....The way BTC reacted during this period in time is certainly noteworthy....Given this week’s developments and what’s transpired with protests in Canada, BTC is in a position to...

📊 ETH Outperforms BTC as Exchanges See Largest Daily Outflow Since 2021 Since the beginning of July...Not only has ETH bounced 80% from last month’s low, but it has also outperformed BTC by 35% in the past...The ETH/BTC ratio currently sits just below 0.07, levels unseen since early May-2022.

📊 BTC Price Approaches Production Cost as Difficulty Increases Bitcoin mining difficulty increased...Over that same time period, BTC price decreased by 57%....Moreover, BTC price is approaching the estimated production cost of electricity once again....Currently, the production cost sits at $16.9K while the BTC price sits at $19.8K, a 17% difference.

...second largest payment processor will help banks offer crypto, we take a look at the price volatility of BTC...📊 Does History Suggest Price Volatility for BTC Ahead?...High BVOL values indicate increased price volatility for BTC....Historically, when the BVOL falls below 25, a major spike in BTC price volatility tends to follow.

BTC Dominance Rises Alongside Total Crypto Cap It’s officially Bitcoin season....In the last 7 days, only 12 crypto assets outperformed BTC....BTC Gets A Lot More Attention To further reinforce BTC’s dominance in the current market, let us compare...futures data for BTC and ETH.

The goal of Citadel is to accumulate the biggest community governed BTC treasury....The BTC treasury will be governed by CTDL holders....Citadel DAO will use the FXS and FRAX for liquidity in the Curve BTC/4pool.

Chart of The Day: BTC Call Buyers Start Piling In The put/call ratio for BTC open interest hit a 6-...Deribit traders were buying up Apr. 29 BTC calls for $42k, $50k, and $60k strikes....BTC), FRAX is 84.5% directly backed by exogenous collateral, making it less reliant on the algorithmic...

As Russians try to preserve value, BTC has emerged as one of the options....This caused BTC to trade at an eye-popping 40% premium....The supply of active BTC—as measured by movement in the past <24H—has soared to around 565k BTC....The supply of BTC held by smaller addresses (0.001 – 10 BTC) saw a steep uptick, which could be a result...

Key Takeaways In the last two weeks, ETH price took a bigger drawdown (-50%) than BTC (-35%)....ETH volume across CEXes and DEXes was consistently over $100 billion per day and has flippened BTC’s...Key Takeaways Monthly options for BTC and ETH are set to expire tomorrow at 8 AM UTC (4 AM EST).

Crypto investors are shrouded in fear as BTC continues to trade downwards alongside bearish macro sentiments...BTC is currently testing the $28-30K region that is acting as strong support, and if it resolves lower...

Chart of The Day: BTC Holders Extend Losses Note: Glassnode separates BTC holders into two classifications...Short-Term Holders (STHs) of BTC have held BTC in their wallets for less than 155 days....Long-Term Holders (LTHs) have held BTC in their wallets for more than 155 days.

Chart of The Day: BTC Exchange Balance Trends Down The BTC balance on exchanges recently hit its multi-year...Previously, the BTC balance peaked on March 2020’s Black Thursday when investors rushed into exchanges...Since then, the BTC balance on exchanges has been trending down as the price of BTC recovered and entered...

📊 BTC Hash Rate Hits All-Time High While ETH Hash Rate Plummets Yesterday, Bitcoin network’s hash...

The main inflows were directed towards BTC and Solana, which represented $97.8M and $87.1M, respectively...We’ve been waiting for BTC to break through the $46-48K range, for example, before sounding the alarms...that range is where Bitcoin’s price started the year, while the high-end marks the anchored VWAP since BTC...

...last week, we put out a video flash update on market price action and key levels we were watching as BTC...Zooming out, we can see that BTC is now retesting its 200-week EMA (~$26,990), which historically has...The latest break below $30K now puts BTC’s price nearly 60% off its all-time high.