Bitcoin fell slightly off a $65,996 all-time high set last Wednesday, and is currently at $63,550 following this morning’s gains. CME Futures contango is now 5.3% for the March 2022 contract. Overall open interest (OI) gained 46% WoW (Week on Week) to 17,120 lots (up 64% from two weeks ago)…


Bitcoin gained 12.4% week-on-week (WoW), settling at $61,462 as of midnight UTC on 10/17. The recent approval and imminent launch of the first futures-based bitcoin ETF has resulted in price maintaining its stance in the low $60,000s since Friday. …


Bitcoin rose 13.5% week-on-week (WoW), settling at $54,701 as of midnight UTC on 10/11. The gains continued this morning, as current spot now resides at $57,295.

The narrative driving Bitcoin prices is evolving: is it an investment hedge? We don’t think so, although it has performed well recently while the…


Bitcoin fell 8.7% week-on-week (WoW), settling at $43,131 as of midnight UTC on 9/26. This caps a volatile week that was marked by an expanding ban on mining and all cryptocurrency transactions in China — with the notable exception of the digital yuan or eCNY — as the Chinese government…


China expanded the ongoing crypto crackdown today. This includes enhancing enforcement against illegal mining, as well as prohibiting all financial transactions involving crypto. The central bank also announced that any trading, order matching, token issuance and derivatives on cryptocurrencies are illegal, including services offered by overseas entities made available within…


Bitcoin dropped ~8% overnight on a broad market selloff, following a 4.9% week-on-week (WoW) gain to midnight UTC on 9/19. Overnight fears of contagion spreading from Evergrande in China, as well as the Fed meeting, debt ceiling and increasing focus on a “fiscal taper” ahead of the Fed taper are…


BitOoda is pleased to publish our 2021 year-end Bitcoin Hashpower estimates. Please click here to access the report, 2021 Year End Bitcoin Hashpower Estimates: Raising to 198 EH/s; Updating Cost Curve, Mining Costs and Mining Reserve Estimates.

A key factor determining investment returns from Bitcoin mining is an estimate of…


BitOoda is pleased to launch the latest research offering for our subscribers: Crypto Top 20 Analytics. …


Bitcoin dropped 10.8% week-on-week (WoW), settling at $46,180 as of midnight UTC on 9/12. As of this morning, spot dropped further to around $44,000. News flow in the space continues to accelerate, with institutional growth underscored by plans for Coinbase to raise $1.5 billion in a private offering, and Fidelity…


Bitcoin dropped 5.1% week-on-week (WoW), settling at $46,187 as of midnight UTC on 9/8. Price had steadily climbed, showing strength beyond $50,000 for a few days before this dip. …

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