Miners continue to offload Bitcoin amid 33-day capitulation
Quick Take
We are now 33 days into the current miner capitulation, with the average duration being 41 days. This indicates that some miners are still facing significant financial pressure due to the p...
Bitcoin price reflects basis trade dynamics, not suppression
Quick Take
Since June 10, Bitcoin has experienced a notable decline, dropping from approximately $72,000 to as low as $65,200. This drop coincides with significant activity in Bitcoin exchange-traded ...