The issue, here and in the development of many other crypto instruments, has always been market microstructure. Crypto began as a grassroots ideological experiment with buy-in from a very niche group of people who wanted to exchange an asset that had no certainty around it. As a result, the market …
The consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which …
The Bitcoin sell-side risk ratio is calculated by dividing the sum of all profits and losses realized on-chain by the realized capitalization, offering a comparative view of daily investor activity against the total market capitalization adjusted for real-time inflows and outflows. A rise in this metric indicates a higher likelihood …