The big nickel short
CryptoSlate's latest market report dives deep into the nickel crisis that began in March 2022, to analyze the overlooked crisis' effect on the crypto market.
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α Weekly Report
The big nickel short
CryptoSlate's latest market report dives deep into the nickel crisis that began in March 2022, to analyze the overlooked crisis' effect on the crypto market.
α Weekly Research
Bitcoin’s breakup with gold may be a sign of crypto’s emerging maturity
Bitcoin's correlation with gold reached its yearly low on June 30, suggesting a decoupling from other assets.
Stablecoin buying power on exchanges increases as BTC and ETH see outflows
June brought on a significant increase in stablecoin buying power on exchanges, indicating there could be an increase in buying pressure on the market amid large Bitcoin and Ethereum outflows.
α Top Insights
Bitcoin miners’ aggregate balances continue to grow despite recent flows to exchanges
Withdrawals exceed deposits on Bitcoin exchanges in record-breaking streak
Bitcoin could be the refuge as bond market faces negative returns
More α Research
Bitcoin miners sent 260% of their daily revenue to exchanges
A small drop from the all-time high on June 22, when miners sent an equivalent of 315% of their daily mining revenue to exchanges.
Longest streak of Bitcoin withdrawals surpassing deposits signals market shift
June 27 marks the longest streak ever recorded of Bitcoin withdrawals from exchanges outpacing deposits to exchanges.
Bitcoin’s exchange balance drops to 5-year low as price hits $30K
Only 11.71% of Bitcoin's supply is currently held on exchanges.