Mining for the future: Bitcoin industry trends in the aftermath of the halving
CryptoSlate's latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining.
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📰 α Weekly Report
Mining for the future: Bitcoin industry trends in the aftermath of the halving
CryptoSlate's latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining.
🗞️ α Weekly Research
Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
TRON leads Q1 with $4.4 million in daily transaction fees and 1.6 million daily users, showcasing significant growth and market presence.
Derivatives saw spike in Open Interest and volume as Bitcoin broke $66k
Surge in Bitcoin's derivatives market open interest correlates with its price rebound, underscoring heightened investor anticipation.
📈 α Top Insights
Long-term Bitcoin holders resume accumulation, adding almost 70,000 BTC post-downturn
Short-term Bitcoin holders increase by 20,000 BTC this week, with just over 50% from US ETFs
More α Research
Bitcoin’s realized profit/loss ratio shows market satisfaction with current price levels
Stable realized profit ratios reflect investor contentment with Bitcoin prices, despite recent consolidation phases suggesting potential new market trends.
DeFi landscape shifts as Solana dethrones Ethereum in trading volume
Solana leads the DeFi market with robust activity, overshadowing Ethereum's longstanding dominance.
What the current price stability means for the Bitcoin futures market
If Bitcoin maintains stability around its current price level, the futures market sees potential for consistent open interest and increased crypto-margin usage.