Glassnode

The cryptocurrency market appears poised for a pivotal move, with Glassnode's latest insights highlighting Bitcoin's (CRYPTO: BTC) stagnation around the $25,800 mark, suggesting a potential breakout. This revelation comes just ahead of the much-anticipated Benzinga's Future of...

In the wake of the recent cryptocurrency market downturn, Glassnode co-founders Jan Happel and Yann Allemann, operating under the Negentropic handle on X, shed light this week on potential short-term scenarios for Bitcoin (CRYPTO: BTC). Their analysis suggested that the leading...

A significant portion of trading activity has shifted from Ethereum (CRYPTO: ETH) to Arbitrum (CRYPTO: ARB), a Layer 2 scaling solution. This trend has been observed in the distribution of Uniswap trade volume across different Layer 2s, according to a report published by Glassnode Insights....

Bitcoin (CRYPTO: BTC), the world’s most popular cryptocurrency, has again broken the crucial $30,000 milestone.  What Happened: The latest surge sparked hopes that we may be entering a full bull trend. However, according to data analytics firm Glassnode, the market is still transitioning...

Despite the recent downturn in broader markets affecting Bitcoin's (CRYPTO: BTC) price, the cryptocurrency continues to inspire confidence among long-term holders. According to Glassnode, the count of individual wallets with at least one Bitcoin has surpassed a million. Since February 2022,...

The much-awaited Shapella upgrade for the Ethereum (CRYPTO: ETH) network has arrived, and analysts have weighed in on what it could mean for the world’s second-largest cryptocurrency.  What Happened:  While some traders and analysts have expressed concerns about the potential impact...

Bitcoin (CRYPTO: BTC) holders are hunkering down, with more than half of the supply remaining dormant over the past two years, according to on-chain analytics provider Glassnode.  What Happened: In fact, the percentage of supply that was last active more than two years ago has reached an all-time...

Amid an extended crypto winter, some 44,444 Bitcoin (CRYPTO: BTC) have been taken off exchanges in the last month, according to statistics from Coinglass. That's a staggering $745 million. Investors continue to express concern about the reeling crypto market, which was made worse by the FTX (...

Retail investors currently hold about 17% of the total circulating quantity of Bitcoin (CRYPTO: BTC), according to public blockchain data compiled by Glassnode. Reflexivity Research analyst Will Clemente tweeted in response to the data, saying it was “Not perfect yet, but solid for a 12-year-...

Nearly 78% of Bitcoin’s (CRYPTO: BTC) total circulating supply is illiquid, as investors have been pulling their digital assets away from exchanges and storing them in custodial wallets, to avoid selling them. What Happened: According to Glassnode on-chain data analyzed by Cryptoslate,...

A further downturn may be coming to Bitcoin (CRYPTO: BTC) with miners increasing their selling pressure amid ongoing downturns caused by the ongoing fallout caused by FTX's bankruptcy. What Happened: Glassnode data shows that the seven-day moving average netflow of miners' Bitcoin...

Ethereum (CRYPTO: ETH) is seeing its user base accumulate and its adoption grow despite the ongoing market turmoil caused by the bankruptcy of major crypto exchange FTX. The number of addresses holding at least 0.1 ETH — equivalent to about $128 at the time of writing — reached a...

Over $3 billion in Bitcoin (CRYPTO: BTC) has been withdrawn in the past seven days from cryptocurrency exchanges as FTX (CRYPTO: FTT) collapsed, sending ripples through the industry. What Happened: According to data from Coinglass, 190,000 BTC have been withdrawn...

Bitcoin, the world’s largest digital currency, saw prices spike to nearly $25,000 levels while small transactions have been below $10,000, according to blockchain analytics firm Glassnode. The volume of transactions by retail investors did not increase when the price of the flagship currency...

Ethereum (CRYPTO: ETH) stakers had locked $39.7 billion in the ETH 2.0 deposit contract in November. Since then, the contract has lost over $25.6 billion in value. What Happened: According to data from blockchain analytics firm Glassnode, the vast majority of ETH stakers are underwater on their...