![Crypto faces largest downtrend of cycle, says Glassnode](https://crypto.news/app/uploads/2024/08/crypto-news-broken-bitcoin-option07-880x523.webp)
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![Crypto faces largest downtrend of cycle, says Glassnode](https://crypto.news/app/uploads/2024/08/crypto-news-broken-bitcoin-option07-880x523.webp)
News
As crypto markets face their biggest downturn of the cycle, long-term investors are increasingly holding onto their assets, analysts say. Bitcoin (BTC) is grappling with the most significant downtrend of the current cycle, but recent data suggests a shift towards…
![Bitcoin’s rally might be setting up for a sudden drop](https://crypto.news/app/uploads/2024/08/crypto-news-broken-bitcoin-option09-880x523.webp)
Markets
Bitcoin’s recent rally could be setting the stage for a downturn, as several indicators suggest. The recent distribution of BTC from Mt. Gox, coupled with the German government’s large-scale sell-off, initially dampened Bitcoin’s price but led to a temporary recovery.…
![Glassnode: Bitcoin accumulation reaches 3-month high](https://crypto.news/app/uploads/2024/02/crypto-news-Decentralized-exchanges-DEXes-option04-880x525.webp)
News
The Bitcoin (BTC) accumulation phase seems to have started as the BTC price wanders below the $60,000 mark for a week. According to data provided by Glassnode, the BTC accumulation trend surged from 0.05 on June 1 to 0.44 as…
![Why Bitcoin could stay low until October: What analysts are saying](https://crypto.news/app/uploads/2024/07/crypto-news-Bitcoin-free-fall-option02-880x523.webp)
Markets
The crypto market is on edge as Bitcoin hovers around $57,000, showing several bearish signals that could spell even more trouble ahead. With its daily 200-day moving average breached and RSI plummeting, many are questioning whether digital gold can withstand…
![Bitcoin stuck in ‘indecision’ trajectory as it fails to break $64k, Glassnode says](https://crypto.news/app/uploads/2024/06/crypto-news-bitcoin-option62-880x523.webp)
News
According to Glassnode’s latest analysis, Bitcoin is stuck below the $64,000 mark, facing uncertainty in a slow-moving market. Bitcoin‘s price has stagnated between $60,000 and $64,000, indicative of a market grappling with indecision as investors await decisive movements. In a…
![Glassnode: Restaking brings new yield opportunities for Ethereum community](https://crypto.news/app/uploads/2024/04/crypto-news-Ethereum-option23-880x525.webp)
News
Glassnode examined how the latest trend towards restaking protocols could impact Ethereum's role as a monetary asset.
![Bitcoin’s move to new highs paused due to intense profit taking; expert says it’s ‘perfectly normal’](https://crypto.news/app/uploads/2024/02/crypto-news-Bitcoin-ETF-option06-880x525.webp)
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…
![Short-term holders are flooding crypto exchanges, Glassnode says](https://crypto.news/app/uploads/2023/08/AI-driven-innovation-will-fuel-more-stable-crypto-markets-_-Opinion05-880x525.png)
News
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…
![SHIB price struggles despite escalating number of addresses](https://crypto.news/app/uploads/2023/12/crypto-news-Shiba-Inu-front-side-view-neon-colors-blockchain-hologram-coins-background-880x525.webp)
News
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.
![Volume of Bitcoin in hodlers’ accounts exceed 70%](https://crypto.news/app/uploads/2023/11/crypto-news-gold-bitcoin-sign-frozen-snow-around-aurora-and-stardust-background-blue-colors-low-poly-880x525.jpg)
Markets
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…
![Bitcoin’s current price is ‘insufficient’ to motivate holders, Glassnode says](https://crypto.news/app/uploads/2023/11/crypto-news-gold-bitcoin-sign-frozen-snow-around-aurora-and-stardust-background-blue-colors-low-poly-880x525.jpg)
Markets
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…
![Bitcoin halving to reduce miner revenue by 50%: Glassnode](https://crypto.news/app/uploads/2023/11/crypto-news-hologram-coins-frontside-view-trading-chart-background-1-880x525.webp)
News
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.
![Long-term bitcoin indicators suggest a slow but steady rise ahead](https://crypto.news/app/uploads/2023/07/crypto-news-Bitcoin-and-Ethereum-blurry-hologram-nft-blackground-bright-neon-colors-сyberpunk-style-v5.2-880x525.jpg)
News
Data provided by CryptoQuant and Glassnode shows that long-term bitcoin (BTC) investors may drive prices even higher in the coming days or weeks
![Demand for bitcoin options contracts surges as investors seek risk-defined exposure: Glassnode](https://crypto.news/app/uploads/2023/07/crytpo-news-laptop-on-the-table-with-trading-chart-on-the-display-side-view-bright-tones-sixtiesretro-futuristic-illustration-880x525.jpg)
News
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 transaction volume hits monthly highs as coin drops below $27k](https://crypto.news/app/uploads/2023/05/Bitcoin-Cloud-Mining-Platform06-880x525.jpg)
News
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 says big bitcoin price swings may be coming](https://crypto.news/app/uploads/2023/04/Findora02-880x525.jpg)
Markets
Glassnode, a prominent analytics firm, has recently shared its insight on Twitter regarding the price dynamics of bitcoin, the leading cryptocurrency by market cap.