Glassnode

In the aftermath of the crypto carnage on Aug. 5, short term holders of assets are glaring at their largest unrealized loss since the collapse of Sam Bankman-Fried led FTX in November 2022, according to a report. What Happened: The Bank of Japan's unexpected interest rate hike led to a massive...

On-chain analytics platform Glassnode sees the Bitcoin (CRYPTO: BTC) consolidation near its all-time high and Ethereum‘s (CRYPTO: ETH) ETF-induced surge as promising signs of strength. What Happened: In its latest newsletter titled “The Calm Bull,” the firm points to Bitcoin...

Since Bitcoin’s (CRYPTO: BTC) March all-time high of $73,000, the market has transitioned into a phase of widespread net distribution, with investors cashing in on profits. What Happened: In their latest report, Glassnode analyzes the nuances of investor behavior to identify potential turning...

As the highly-anticipated fourth Bitcoin halving approaches, a new research report highlights the evolving role of institutions and “smart money” investors in influencing price action. What Happened: The halving will cut the block rewards for Bitcoin (CRYPTO: BTC) miners in half,...

Bitcoin‘s (CRYPTO: BTC) strong performance in the past year can be credited to a surge in spot trading volume and exchange activity. What Happened: A new report by on-chain analytics firm Glassnode discusses how daily spot trade volumes peaked at around $14.1 billion in mid-March. That was...

A new report by on-chain analytics firm Glassnode analyzes the state of the Bitcoin (CRYPTO: BTC) market, concluding that the long-term holder cohort has entered its distribution phase. What Happened: The report highlights that new capital is being injected into the asset class, driving up the...

Bitcoin’s availability on major cryptocurrency exchanges has dwindled to its lowest point ever, according to data analysis firm CryptoQuant. What Happened: Over 90,000 bitcoin have been withdrawn in the past month alone, suggesting a growing trend of investors holding onto their coins for...

Experts are raising a cautionary flag for Bitcoin (CRYPTO: BTC) investors, suggesting the market may be entering a period of volatility and price correction. What Happened: Bitcoin pared its gains from a high of around $68,000 early Thursday morning. It's currently trading at $66,550...

While Bitcoin spot exchange-traded funds (ETFs) witnessed substantial inflows on Thursday, Grayscale's Bitcoin Trust (OTC: GBTC) experienced a staggering net outflow of $598 million in a single day. What Happened:  In contrast, BlackRock's Bitcoin ETF (NASDAQ: IBIT) enjoyed a net...

Glassnode founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, on Monday, said that Bitcoin (CRYPTO: BTC) is eyeing an initial surge to $57,000 as it sets its trajectory towards new all-time high levels. What Happened: Glassnode co-founders on X...

Self-proclaimed ‘Dogecoin (CRYPTO: DOGE) killer' Shiba Inu’s (CRYPTO: SHIB), burn rate spiked over 5000% within the past 24 hours. A total of 53 million SHIB tokens have been permanently withdrawn from circulation. What Happened: According to data from Shibburn, two anonymous addresses...

Crypto analytics company Glassnode has identified a critical resistance threshold for Bitcoin (CRYPTO: BTC) amidst its downward trend, with the cryptocurrency having dipped to levels around $36,000 on Friday. Why It Matters: Glassnode warns that Bitcoin’s transaction data shows $30,000 as a...

Bitcoin (CRYPTO: BTC), could be on the verge of a significant upswing, according to the co-founders of data analytics company Glassnode. This comes as Bitcoin (CRYPTO: BTC) exhibits signs of gaining momentum. What Happened: Glassnode co-founders Jan Happel and Yann Allemann have identified a...

The number of profitable Bitcoin (CRYPTO: BTC) addresses has reached a new all-time high, touching nearly 40 million, even though the cryptocurrency’s valuation is currently trading at half its peak price. What Happened: Data from on-chain analytics firm Glassnode showed that 80% of Bitcoin...

Glassnode co-founder Negentropic on Friday conducted a detailed analysis on whether Bitcoin (BTC) could potentially reach 98 times the price of gold.  What Happened: His examination revealed encouraging signs as key indicators, such as the Relative Strength Index (RSI) and the Moving Average...