Glassnode News
Latest Glassnode News
Bitcoin’s move to new highs paused due to intense profit taking; expert says it’s ‘perfectly normal’
Bitcoin’s advance to $71,375 on March 26, approaching its all-time high, was stalled due to intensified profit-taking activities, according to insights from Glassnode. “Several on-chain indicators have flagged an uptick in profit-taking events,” the analytics firm wrote in a newsletter…
With Bitcoin reaching the $58,000 milestone, short-term holders have set a new all-time high in the volume deposited to centralized exchanges, according to Glassnode. Crypto exchanges are witnessing an influx of short-term holders, who have consistently deposited over $2 billion…
According to information provided by Glassnode, the total number of unique addresses that have ever appeared in a SHIB transaction has risen to about 3.74 million.
On Nov. 22, 2023, the share of the circulating supply of Bitcoin that was active more than a year ago exceeded 70%. According to analytics firm Glassnode, the share of Bitcoin’s circulating supply that was active more than a year ago…
Although the volume of Bitcoin supply in profit has hit levels last seen in 2021, it is still ‘far insufficient to motivate long-term holders,’ analysts say. While Bitcoin (BTC) is trying to reach the $40,000 mark, analysts at Glassnode say…
The fourth Bitcoin (BTC) halving, expected to happen on April 23, 2024, will likely bring miners' revenue in the U.S. dollar back to the FTX crash epoch, slashing it by half.
Data provided by CryptoQuant and Glassnode shows that long-term bitcoin (BTC) investors may drive prices even higher in the coming days or weeks
Financial market investors are increasingly turning to risk-defined derivative instruments, as evidenced by the surge in demand for bitcoin options contracts, with open interest nearing its all-time high. On-chain data reveals distinct bitcoin market signatures According to Glassnode, an on-chain…
Bitcoin’s (BTC) mean transaction volume has surged to a high of 2.051 BTC, its highest value in the past month. This notable increase in transaction volume coincides with the recent dip in bitcoin’s price, as the asset recently plummeted below…
Glassnode, a prominent analytics firm, has recently shared its insight on Twitter regarding the price dynamics of bitcoin, the leading cryptocurrency by market cap.
In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee. Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890…
The bitcoin (BTC) fear and greed index has hit the 56% mark, indicating a bullish investor sentiment.
On-chain analytics firm Glassnode's data reveals that bitcoin investors have recently been aggressively accumulating the cryptocurrency, a trend that may help prolong the ongoing rally.
Bitcoin’s (BTC) on-chain data has recently revealed a significant milestone in the history of cryptocurrency. Glassnode data shows that the amount of bitcoin supply last active over 10 years ago has reached an all-time high of 2,673,268 BTC. In addition,…
More ethereum wallets are holding more than zero, which means that ETH is becoming more popular all the time.
Glassnode data shows that retail investors are amassing more and more Bitcoin, reaching a new peak. Retail investors currently hold about 17% of the coin's circulating supply.