The Week On-chain The Week On-chain (Week 9, 2021) The Bitcoin market experiences it's second significant correction since breaking the $20k all-time-high. This week, we review how market and on-chain metrics have reset or are cooling off.
The Week On-chain The Week On-chain (Week 8, 2021) Bitcoin hits new all time highs alongside news of MicroStrategy completing yet another convertible note issuance for a total of $1.05 Billion.
The Week On-chain The Week On-Chain (Week 7, 2021) This week, the Bitcoin market opened up to the significant news of Elon Musk's firm Tesla, purchasing $1.5 Billion worth of BTC as part of the companies treasury balance sheet.
Ethereum and DeFi Avalanche: The New DeFi Blockchain Explained The launch of the Avalanche-Ethereum Bridge has attracted much attention from the DeFi community. We examine the new protocol and its implications for DeFi.
The Week On-chain The Week On-Chain (Week 6, 2021) BTC has exceeded $40k once again after climbing consistently over the past week. On-chain metrics continue to show favorable conditions as the BTC supply remains restricted.
Bitcoin Analysis & Research Featured No, Bitcoin Ownership is not Highly Concentrated – But Whales are Accumulating We analyze the distribution of Bitcoin across network participants, and show that BTC ownership disperses over time and is much less concentrated than often reported. Meanwhile, BTC supply held by whales has recently increased, suggesting institutional investors are entering.
The Week On-chain The Week On-Chain (Week 5, 2021) BTC has remained relatively stable over the past week, while DeFi has its day with another week of strong performance. On-chain fundamentals for bitcoin remain strong.
The Week On-chain The Week On-Chain (Week 4, 2021) Despite briefly dropping below $30k over the past week, on-chain fundamentals for BTC remain strong, indicating room for further growth. Meanwhile, the rest of the crypto market is growing even faster.
The Week On-chain The Week On-Chain (Week 3, 2021) BTC has lost some ground over the past week, losing almost 7% of its value. But despite a possible further correction, long-term on-chain metrics remain bullish.
The Week On-chain The Week On-Chain (Week 2, 2021) BTC had another stellar week, exceeding $40k for the first time ever - more than double its 2017 ATH. However, a correction and some sideways movement may be in order before further growth is seen.
The Week On-chain The Week On-Chain (Week 1, 2021) Moving into the first week of 2021, BTC continues to hit all-time highs as it shoots past $30k and continues to climb. But ETH is the real winner of the week, gaining over 37% in a single day.
Bitcoin Analysis & Research 78% of the Bitcoin Supply is Not Liquid Quantifying the amount of liquid and illiquid BTC supply and its relationship to Bitcoin's price.
The Week On-chain The Week On-Chain (Week 52, 2020) BTC has continued to grow throughout the last week of the year, reaching a new ATH of over $28k. On-chain signals remain bullish, showing a significant supply side crisis for bitcoin.
The Week On-chain The Week On-Chain (Week 51, 2020) BTC smashed through its previous all-time high to find support above $23k for the first time ever. Meanwhile, on-chain fundamentals remain strongly bullish for BTC and other cryptocurrencies.
The Week On-chain The Week On-Chain (Week 50, 2020) BTC started and ended the past week just above $19k, failing to top its recent ATH. But despite its mostly sideways movement over the past few weeks, on-chain signals remain long-term bullish.
The Week On-chain The Week On-Chain (Week 49, 2020) During Week 49, BTC recovered from the previous week's consolidation and stabilized around $19k. On-chain signals suggest that a further correction may be seen before bitcoin breaks above $20k sustainably.
Bitcoin Analysis & Research Long-Term Holders Are Selling BTC: Why This Is A Bullish Signal On-chain metrics show that older coins are being sold as BTC's price increases, indicating that long-term holders are realizing profits. But while this might seem alarming, this trend has historically been extremely bullish.
The Week On-chain The Week On-Chain (Week 48, 2020) After a rather tumultuous week, BTC and the rest of the crypto market appear to be recovering, with bitcoin rallying to break its all-time high and quickly approaching $20,000.
The Week On-chain The Week On-Chain (Week 47, 2020) With prices exceeding $18,000 for the first time since 2017, BTC looks poised to break its previous all-time high. Meanwhile, plummeting exchange balances support the narrative that investors intend to hodl.
Ethereum and DeFi DeFi Attacks: Flash Loans and Centralized Price Oracles DeFi protocols are facing a wave of attacks that use flash loans to target vulnerabilities in smart contracts. The most common exploit relies on centralized price oracles.
Product Featured Quantifying Short-Term and Long-Term Holder Bitcoin Supply We introduce a new methodology to classify Bitcoin supply owned by long-term investors and short-term traders, and create a set of on-chain metrics that show when these two investor types are in a state of profit or loss.
The Week On-chain The Week On-Chain (Week 46, 2020) BTC saw continued gains throughout Week 46, rising above $16k for the first time since January 2018. Meanwhile, Ethereum looks poised to launch the first stage of ETH2.0 before the end of 2020.
The Week On-chain The Week On-Chain (Week 45, 2020) BTC has continued its impressive streak, hitting $15k over the past week and showing few signs of slowing down. On-chain metrics suggest that it has more room to grow before reaching the next top.
The Week On-chain The Week On-Chain (Week 44, 2020) BTC continued gaining momentum over Week 44, ending the week up over 5%. But despite these gains, a drop in on-chain fundamentals may prevent bitcoin from decoupling from traditional markets.
The Week On-chain The Week On-Chain (Week 43, 2020) Bitcoin saw some impressive gains over Week 43, surpassing $13,000 and staying confidently above that price point into this week. Its on-chain fundamentals remain strong, and it appears to be deviating from traditional financial market trends.
