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The number of large Bitcoin holders has been growing as the geopolitical tension in the Middle East cools down. Whale addresses holding over $1 million in Bitcoin (BTC) declined from 111,906 to 107,835 between Sept. 29 and Oct. 2, according…
BTC
Bitcoin
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…
BTC
Bitcoin
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.…
BTC
Bitcoin
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…
BTC
Bitcoin
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…
BTC
Bitcoin
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…
BTC
Bitcoin
Glassnode examined how the latest trend towards restaking protocols could impact Ethereum's role as a monetary asset.
ETH
Ethereum
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…
BTC
Bitcoin
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…
BTC
Bitcoin
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.
SHIB
Shiba Inu
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…
BTC
Bitcoin
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…
BTC
Bitcoin
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.
BTC
Bitcoin
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…