Glassnode

Bitcoin (CRYPTO: BTC) saw one of its worst-performing months on record in June, along with a mass exodus of retail traders. What Happened: In a recent report examining the state of the Bitcoin network, on-chain analytics firm Glassnode noted the  “near-complete expulsion of market...

A number of on-chain metrics show that 2022 has turned out to be the worst bear market Bitcoin (CRYPTO: BTC) has ever seen. What Happened: In the latest edition of its weekly on-chain data analysis, Glassnode described the year-to-date period as “the most significant bear market in...

Bitcoin's (CRYPTO: BTC) short-term market performance has seen better times. However, on-chain data analysis revealed that even though the seven-day average of Bitcoin addresses in profit recently reached a two-year low of nearly 55.7%, it still implies most are still profiting....

On-chain data from Glassnode shows that only 2.2% of short-term Bitcoin (CRYPTO: BTC) holders are still in profit. What Happened: In the latest edition of its weekly newsletter, Glassnode analysts observed that a great majority of investors are holding unrealized losses. With #Bitcoin prices...

Analysts at Glassnode said that Bitcoin (CRYPTO:  BTC) “remains firmly within bear market territory” based on supply dynamics and on-chain activity. What Happened: In the latest edition of its weekly newsletter examining the crypto market, Glassnode warned that a period of higher...

Dogecoin (CRYPTO: DOGE) traded 1.2% lower at $0.11 over 24-hours leading up to early Monday morning. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour -1.2% 24-hour against Bitcoin 1.2% 24-hour against Ethereum 0.25% 7-day -4.5% 30-day -20.7% YTD performance -33.3%...

In 2021, the Bitcoin (CRYPTO: BTC) blockchain had processed $3 trillion worth of transactions. What Happened: According to a report from NYDIG, Bitcoin’s annual transaction volume for 2021 surpassed credit card networks American Express (NYSE: AXP) and Discover (NYSE: DFS). American Express...

Bitcoin lost more than 12% of its value in the last seven days as market sentiment turned significantly bearish. What Happened: According to data from whalemap, the high-value losses being transacted on-chain corresponds directly to a higher level of market-wide panic. Moving P&L is a great...

The balance of Ethereum (CRYPTO: ETH) held on cryptocurrency exchanges has reached a two-year low as bullish sentiment pushed people to move their coins off-exchange for long-term storage. What Happened: Cumulatively, crypto exchanges hold 14.7 million ETH (about $59 billion), which...

Dogecoin (CRYPTO: DOGE) was the leading gainer among major coins on Monday night as the global cryptocurrency market capitalization fell 0.24% to $2.48 trillion. What Happened: The Shiba Inu-themed coin traded higher by 4.06% at $0.25 over 24 hours. Over a seven-day trailing period, DOGE has run up...

Bitcoin (CRYPTO: BTC) is seeing an overwhelmingly large number of investors profit off of their investments, triggering fears of a setback. What Happened: According to data provided by Glassnode, the percentage of Bitcoin addresses that are currently profiting off of their...

Major coins were trading flat on Tuesday night as the global cryptocurrency market capitalization rose 0.71% to $2.32 trillion over 24 hours. What Happened: Bitcoin (CRYPTO: BTC) traded 0.59% higher at $56,488.35 over 24 hours. Over the week, the apex coin has shot up 10.16%. The second-largest...

Bitcoin (CRYPTO: BTC) is seeing increased selling by old coin holders as it hovers around the psychologically important $50,000 mark, as per Glassnode. What Happened: Glassnode used the Spent Output Age Bands metric to investigate the cohorts of the market spending BTC. “This week has...

Bitcoin (BTC) has fallen nearly 20% in a seven-day period leading up to press time after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s barrage of tweets related to the apex cryptocurrency. The dip in the market, the deepest in the current rally, has unnerved new entrants while seasoned hands seem...

Bitcoin (CRYPTO: BTC) is trading near record-highs at $57,726.97, yet investors are still holding on to the apex cryptocurrency undeterred by shrink supply, according to blockchain data and intelligence provider Glassnode. What Happened: BTC is still trading 6.65% lower than the all-time...